Perhaps the simplest way to explain affiliate program is that it is a way of making money online whereby you as a publisher are rewarded for helping a business by promoting their product, service or site.
There are numbers of forms for these types of promotions but in most cases, they make you involved as a publisher earning a commission when people visited your blog and click on a link on your blog which will lead them to another site where they will then buy something.
Apart from promoting a link at your blog, other options offered to you is when you will earn an amount of money when visitors complete several actions - for example when the visitors sign up for something by giving an email address, complete a survey, when the visitors leave their names and addresses and etc.
Commissions are often a percentage of a sale but can also be a fixed amount per conversion
Conversions are generally tracked when the publisher (you) uses a link with a code only being used by you embedded into it that enables the advertiser to track where conversions come from (usually by cookies). Other times an advertiser might give a publisher a ‘coupon code’ for their readers to use that helps to track conversions.
While affiliate program can be incredibly lucrative, it is important to know that affiliate program is not easy money. Most people who tried it make very little in return as it relies upon numerous factors including:
There are also some risks associated with affiliate program that will happen if you go over the edge or if you promote low-quality products which will decrease the amount of readers visiting your websites/blogs as well as your brand and reputation will be tarnished.
As mentioned, affiliate program does not necessarily work on all blogs that will lead to zero-profit in return. This is due to many reasons such as some blogs posted unrelated topics which makes it hard for readers to find products promoted - other blogs attract audiences who do not have a buying desire and for other blogs, it does not fit with the blogger’s style or approach.