What is an Affiliate Program?
Affiliate program is the process of earning money by promoting another website’s products. An advertiser (you as the ecommerce store owner) has products you want to sell, and a publisher (affiliate) promotes these products on their own site and earns a commission on every sale.
Statics of affiliate program
• 81% of brands use affiliate programs.
• Approximately 15% of all digital media industry’s revenue comes from affiliate marketing.
• 38% of marketers call affiliate coaching one of the top customer acquisition methods.
• In 2015 Amazon’s revenue surpassed $100B and affiliate coaching accounts for $10B of its sales.
Examples of Affiliate Program Payouts:
• Direct Sales. Earn a commission from traffic that drives a sale.
• Leads. Earn commissions on actions like email sign-ups, social media follows, form submissions, content downloads, etc.
• Clicks. An advertiser looking to generate a large amount of traffic might pay an affiliate on a cost-per-click basis.
What are the Benefits of Affiliate Coaching ?
There are many benefits to pursuing affiliate coaching for your ecommerce site.
some of the key benefits you’ll receive if you get started with affiliate coaching .
1. Everything is trackable.
2. Affiliate coaching has a strong return on investment.
3. Affiliate coaching has the ability to scale.
4. It provides third-party validation and social proof.
5. You can focus on selling specific, high-value products.
6. eCommerce Affiliate coaching It isn’t expensive to get started.
Is Affiliate coaching is performance based? advertisers only pay when affiliates deliver a specified customer action. In the ecommerce context, this action is typically an online purchase, which makes affiliate coaching very cost effective.
Case Study of ecommerce affiliate Programmer
Shopify
Amazon Associates
Ebay Partner Network
Apple Affiliate Program
Walmart Affiliate Program
Target Affiliate Program
Coinbase
ClickFunnels Affiliates
Bluehost Affiliate Program
Wayfair Affiliate Program