Centher Academy
How Does Affiliate System works?
An affiliate system, also known as an affiliate marketing program, is a marketing arrangement where an individual or entity (the affiliate) promotes products or services of another company (the merchant or advertiser) and earns a commission for every successful sale or action generated through their promotional efforts. It is a performance-based marketing strategy, where affiliates are rewarded for driving valuable actions, such as sales, leads, or clicks, to the merchant's website or platform.
Here's how an affiliate system typically works
Affiliate Sign-Up
The affiliate program is set up by the merchant or advertiser. Interested individuals or businesses can sign up for the affiliate program through the merchant's website. The merchant may have specific criteria for approving affiliates, such as website traffic, niche relevance, or marketing experience.
Unique Affiliate Links
After approval, the merchant provides each affiliate with unique affiliate links or tracking codes. These links are used by the affiliates in their promotional efforts to direct potential customers to the merchant's website or specific product pages.
Promotional Efforts
Affiliates promote the merchant's products or services through various channels, such as their websites, social media accounts, email lists, YouTube channels, or other marketing platforms. They may write product reviews, create promotional content, or use banner ads to attract potential customers.
Customer Actions
When a potential customer clicks on an affiliate's unique link and performs a specific action on the merchant's website, such as making a purchase, submitting contact information, or signing up for a service, the affiliate system tracks this action through cookies or other tracking methods.
Commission and Tracking
The affiliate system accurately tracks the referred customer's actions, attributing them to the respective affiliate who referred them. The system records the details of the sale or action, including the order value, date, and the specific affiliate responsible for the referral.
Commission Payout
Based on the agreed-upon commission structure, the affiliate earns a commission for each successful sale or action generated through their affiliate link. Commissions can be a percentage of the sale value or a fixed amount per action.
Performance Reporting
Both the merchant and the affiliate can access performance reports, which provide insights into the number of clicks, leads, sales, and the commission earned. This data allows both parties to optimize their strategies and track the success of the affiliate program.
Affiliate systems are popular because they provide a win-win situation for both merchants and affiliates. Merchants can expand their reach and gain access to a broader audience, while affiliates have the opportunity to earn income without the need to create their own products or services. Successful affiliate marketing programs rely on clear communication, transparent tracking, and fair commission structures to foster a mutually beneficial partnership between merchants and affiliates.
Centher's affiliate system allows to expand your network up to 6 levels of affiliation. Every transaction paid by the users in the affiliate program generates revenue for the referrer allowing them to earn just by inviting active users to the platform.