In the realm of internet advertising, affiliate marketing is one of those terms that you hear again and again. Stories of people who made their living very lavish and luxurious with Affiliate marketing i.e. work from home. In any case, what precisely is it? We'll clarify it in straightforward terms using example.
Suppose there is company called “Elegant Furniture” like the they are expert in making wooden chairs, tables, wardrobe, Bed etc. They had completed their course of carpentry and not online marketing. They are good in making their own product but in online marketing they are zero.
And there is guy named Noah and he has blog based on the product review niche. What he does, he brings product from market and he write review blog of that particular product. His blog has plenty of readers who regularly read his blogs and buy products carefully.
Here what happens the personnel from “ Elegant Furniture” contacts Noah the review blogger and give him incentive to publish their advertisement on his blog so that the traffic which are regular reader of his blog would attract to their product and this is how they would get customers.
This is how “Elegant Furniture” would make online marketing efficiently with the help of Noah the Blogger. They give him commission of leads which are converted to their customers. So you can see there is win win situation for both the parties. This is affiliate marketing.
I know the question comes up into your mind that How is the guys from “Elegant furniture” would come to know about Noah the blogger? Here Peerfly comes into picture, How? – Peerfly is place which maintains record of advertisers who want their product to be advertised and publishers who are going to publish advertisements. Peerfly keeps offers of products with prescribed commission for publishing their advertisement. Publishers who are possess such capacity of publishing some offers; they find these offers and promote them. If they got a lead means someone bought from publisher’s advertised link, the publisher gets precribed commission.
Now, Elegant Furnitures can create awareness of their product, and Noah can make a living writing his product review blog.
This is how affiliate marketing works in a nutshell. It is an ecosystem that provides advertisers with the best, most influential affiliates; and affiliates with the highest converting products and services (also known as offers).
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