What is Affiliate Marketting? And what are the types?

What is Affiliate Marketting? And what are the types?
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The various definitions of affiliation include the meaning and explanation of affiliation:

AFFILIATE is an official connection for something. To have an affiliation for something affiliated with it. Meanwhile, according to the Big Indonesian Dictionary "Affiliation is a relationship as a member or branch; relationship: (several universities in this country have - with universities or colleges abroad) and Affiliation is also a form of cooperation between two educational institutions, usually one more larger than the others, but each stands alone; assistance provided by the larger institution in the form of personnel, equipment, or educational facilities.

Understanding Affiliates - The trend of business collaboration in the form of affiliates over the past decade has grown very rapidly. Coupled with the increasingly sophisticated world of online marketing armed with gadgets and good marketing skills, you can collaborate as affiliate marketing from big companies in the world of e-commerce. What is affiliation? Based on the understanding of the Big Indonesian Dictionary, in short, affiliation is a relationship as a member or branch. In business terms, the meaning of affiliation refers to the collaboration between two parties that is not bound by profit in the form of commissions.

The convenience of online business is increasingly supported by the many types of affiliate collaboration offered by large companies. Various advantages and facilities in this type of collaboration make many people start to be interested in trying it. How not, because one of the benefits and benefits of affiliates is that you don't need to be formally tied to these companies.

Enough to diligently carry out shares and recommendations, you can already reap a lucrative profit. Because in affiliate, it means that you are still in the position of marketing who must carry out precise sales maneuvers.

What is Affiliate?

The trend of business collaboration in the form of affiliates over the past decade has grown. Affiliate Is? Here's What Affiliate Means and Examples of Affiliate Business.

Affiliate can be defined as:

  • Family relationship due to marriage and descent to the second degree, both horizontally and vertically
  • The relationship between the Party and the employees, directors, or commissioners of the Party;
  • -Relationship between 2 (two) companies where there are one or more members of the same board of directors or commissioners
  • The relationship between the company and the Party, either directly or indirectly, controlling or being controlled by the company;
  • Relationship between 2 (two) companies controlled, directly or indirectly, by the same Party; or
  • Relationships between the company and major shareholders

Types of Affiliate Businesses

Pay Per Sale (PPS) Affiliate Program

This program allows you to do online marketing and earn a commission for every sale you make. The commission you can get from this affiliate business is 30-70% of the sales. You have to set specific goals so that sales can be maximized. The notion of affiliate in this type of activity can be interpreted as a reseller, where you must mobilize communication skills and master product knowledge to gain customer interest. Lazada affiliate is one of the referrals from the recommended PPS. In Lazada affiliate, in addition to profits and commissions, your marketing skills will also be well honed.

Cost Per Action (CPA) Affiliate Program

The CPA type of collaboration is a bit easier than PPS. In this activity, you still have to carry out marketing by spreading links. For example, when you join as a marketing affiliate of a tourism service provider site, then you have to share a link from your account so that other people can place an order from your link. In accordance with the definition of affiliate, then from every order made, you will get a commission from the company. Practical isn't it?

Pay Per Click (PPC) Affiliate Program

This program is a favorite of bloggers to profit from google adsense. This affiliate business is very simple. As a blogger, you just need to link the page link from the company you are related to on your blog page. Every click made by a visitor to your blog will bring in a commission for you. This goes to show that affiliate collaboration is the easiest business model you can do and actually brings in attractive profits.

Paid To Click (PTC) Programs

This affiliate program further strengthens the meaning of affiliate as the easiest business model that anyone can do. How not, this activity can provide a commission for each click you make yourself on the blog or link that you share. Indeed, the commission offered for this activity is the smallest compared to others. However, if you are diligent in doing it, you can also enjoy the attractive benefits of this.

Basically affiliate success is your sole responsibility as independent marketing. Because, back to understanding what is affiliate and the meaning of affiliate, basically you are part of the marketing of these big companies. So, in affiliation, it means that a big struggle will certainly get a big profit.