nTElls.Com is supported by its audience. When you purchase or click through some links on our platform, we may earn an affiliate commission. ..Learn more
Referral & Affiliate Marketing Explained
By Francis Izuoba In Digital Marketing On 19th January 2020
Another term for the referral program is affiliate model (Affiliate Marketing). An Affiliate model is an automated electronic program which involves a Web advertiser and recruited web masters.
The webmasters known as the affiliates, place the company`s advertisements on their company`s or personal owned websites.
Affiliate models are responsible for generating a huge amount of visitors to a targeted website. For instance, many well-known Web retailers offer affiliate marketing models to thousands of Web site owners only when they agree to display the adverts/products of the retailer.
Affiliate programs include pay-per-lead, pay-per-click or pay-per-sale.
The products in affiliate models are linked to company websites and are referred to as affiliate links. Affiliates generally have to apply for the affiliate programs, though the majority of the affiliate programs support a free membership service. When a user clicks the affiliate link, the user is redirected to the advertiser`s website and if the user/customer makes a purchase, the affiliate is then paid a commission based on performance-based marketing.
Affiliate Marketing refers to the internet marketing channel in which companies who offer a product or service pay publishers on a pay-for-performance basis. This means you`re only paid for results which could be a sale or a lead, unlike Google AdSense, here you don`t earn anything for clicks. In Affiliate Marketing has a structure like a win-win situation, advertisers pay only for results as they don`t have to shell out a large amount of money in Banner Advertising or Pay-Per-Click. In Affiliate marketing, results are guaranteed unlike Microsoft adCenter, Google AdWords or Yahoo Search Marketing and lots more.
Referral marketing is simply the process to promote, encourage and increase referrals from word of mouth, perhaps its the oldest and most trusted marketing strategy. Both online and offline this can be accomplished by encouraging and rewarding customers and a wide variety of other contacts to recommend products and services from consumers.
Note that web retailers offer a different structure of affiliates program methods.
Comment below and tell the world
If you have a story you want to share to the world, send it to [email protected], whatsapp (+2348091191550) or click here
We aim to make authors, writers and speakers popular, create more audience
with their articles (stories, videos, part of their books or any relevant
on lifestyle, ICT,
and more. Users can learn more from these contents on nTElls for free and share to others..
Powered by mcfaidesigns
I'm passionate to express my feelings and thought to the world
I am the best version of myself..
Francis is a Web Developer, & CEO mcfaidesigns He can effectively handle software and graphic projects of any scale and complexity. Waiting to meet you!
I am Ken, a creative writer, specialized in poetry, a regular guy and down to earth simple
Powerful and conscious being. Wonderfully and fearfully made. Down for the love of God. I write with the inspiration of the Holy spirit.
motivational speaker and fitness enthusiast
I'm a writer, keen about knowledge and also sharing knowledge to impact my society and the general public.
A mentor to achieve financial freedom via Longrich platform
Zealous to impact knowledge health wise.
I learn from my experiences and others. Great words motivates...
Live in Lagos, student of university of Benin, mechanical engineering, Am a tutor, writer and public speaker, AutoCAD operator and a visionary
Anne Joseph is a passionate social media writer and working at bouxtie. She has strong strategy skills in developing and managing social media campaigns. She loves to make new connections and enjoy the opportunity to work with social media influencers.
A successful author of 4 books and digital marketing expert. He's the current CEO and head of the marketing department of Siscomedia Ltd - a digital marketing and Technology firm, a business he started with just N300 in 2005...
Deanna Trahan is a conversion optimization writer, specializing in split testing best practices and cognitive biases.
Writer and Artist
I'm a Content Manager, fun to be with, and love making good friends. I love good food and good movies. Waiting to meet you.
?A Conscious Mystery! ?An unusual writer! ?A Learning Medic! ?God's favorite!
Godwin Nwaokike communicates the necessity of imbibing Judeo-Christian ethics because they help the human and the society function properly in so far as they can function properly.
I am a strong woman but once in a while I need someone who will tell me that it will be fine.
I am good..
No upcoming events yet!
We depend on your support to operate.
Help us create a more trustworthy Internet with good information!