Affiliate marketing is also called "performance marketing", in reference to how sales employees are typically being compensated. Such employees are typically paid a commission for each sale they close, and sometimes are paid performance incentives for exceeding objectives.[25] Affiliates are not employed by the advertiser whose products or services they promote, but the compensation models applied to affiliate marketing are very similar to the ones used for people in the advertisers' internal sales department.
There are "gurus" and programs that suggest affiliate marketing is a set-it-and-forget-it system to turn the Internet into a cash machine. While affiliate marketing can be done part-time, it's not automatic. It requires research and a plan. For this home business idea to succeed, you have to know and understand your target market and continue to do things to reach them so they can click on your affiliate links.
In February 2000, Amazon announced that it had been granted a patent[18] on components of an affiliate program. The patent application was submitted in June 1997, which predates most affiliate programs, but not PC Flowers & Gifts.com (October 1994), AutoWeb.com (October 1995), Kbkids.com/BrainPlay.com (January 1996), EPage (April 1996), and several others.[13]
There are more than half a billion active websites under the sun and most of the (almost 70%) of them struggle to get traffic due to the high competition and expense of the process like SEO or Digital Marketing. However, you can simple buy targeted traffic from various sources at any time you want! Every paid ad campaign is an attempt to get traffic in exchange of money. However the reasons behind getting traffic are pretty different from each other. Some people buy traffic to get sales, some buy traffic to get leads, some buy traffic for brand exposure, some buy traffic to gain authority and improve rank on several metrics and so more.
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