In modern-day online eCommerce, companies attract business in a number of ways. Regular advertising campaigns can be backed up by more innovative methods including the internet sensation that is Artificial Intelligence.
Those retailers do, however, rely on third parties to varying degrees. Affiliates play a part for many companies and in some industries, the figures are quite significant.
What is an Affiliate?
An affiliate promotes a brand on their own website, and this can be done in a number of ways: A simple banner ad may attract a reader’s attention or there could be a positive review of a product or service.
The aim is to impress the reader to the extent that they click through to the retailer’s website and make a purchase. The affiliate is provided with a special link by that retailer so that the purchase can be tracked to the correct source. Commission is then paid to that affiliate.
It’s hard work setting up an affiliate website and getting the traffic through to its final destination. However, it can be a very lucrative process with the highest earning affiliates claiming thousands of dollars in revenue each month.
A Win-Win Situation
Affiliates are an extremely useful tool for new retailers looking to build their brand. The major companies have them too as a way of maximizing their income. Amazon, eBay, and many others of that stature have affiliate programs in place.
It may seem an easy way of making extra revenue: A company can sit back and wait for extra traffic to come through from third-party websites. That may be the case but those companies will employ an affiliate manager who runs a dedicated team which makes sure that the programs run smoothly.
The fact that whole departments have to be set up shows just how seriously those companies take their affiliates. They provide important sources of revenue and need looking after.
Industries Taking Advantage
Many online retailers use affiliates, but some sectors are more committed to the practice than others. The online gambling industry is one area where affiliates play a huge role in boosting income.
The affiliate’s role remains the same: They showcase trusted betting operators and, if the visitor to the website likes what they are reading, they can head over and sign up with sportsbooks, casinos, bingo sites and others.
The affiliate is free to take a range of approaches to promotion. They could simply show banner ads, and many will have these on their website, but most will provide more detailed information. Typically, readers might find detailed reviews of operators with details about promotions, funding options, customer service and other key elements.
Affiliate sites may also provide previews of up and coming sports events with predictions attached. There are many ways to promote the programme and the choice will relate to the affiliate’s own expertise.
Taking a Spin
One of the busiest sections of online casinos includes slot machines. Slots are an ideal option for affiliate marketers as there are a number of ways in which they can be promoted. Those affiliates may want to market new slot sites as there are providers making their debut online on a regular basis.
Established slot players will want to hear about new providers and what they have to offer. New games also appear with similar regularity. There are dozens of games producers with additional titles released almost on a daily basis.
Listing those new slot games will be useful for players but it would assist casino customers greatly if a complete guide to gameplay is showcased. It is possible to play most games on a free trial basis with no money at stake, but full playing guides can be essential.
The gambling industry is just one example where affiliates can get fully involved but there are many more.
Take a Trip
The travel industry also relies heavily on affiliate networks to promote their business. With holidays costing from a few hundred dollars to figures in excess of five figures, this can be a lucrative sector for affiliates if they get their marketing strategies right.
All potential travelers will want to read reviews before choosing a destination. There are a multitude of review sites, as a result, using opinions and ratings for travelers all over the world.
It can be prohibitively expensive for any new affiliate to jet around the world but there are many other ways to promote travel partners. Top Ten lists are popular and fun to read so many of these articles will appear online.
A list of top casinos, the best scuba diving locations, best destinations for bird watchers and more can be found.
Sports tours are also big business, and these offer a number of options for promotion. Best Ashes series, best rugby World Cup finals and more can be written up and published. As long as there are links to the travel company, these are possible ways in which affiliate earnings can be made.
On a similar theme, days out and experiences such as hot air ballooning can also be promoted. The list of opportunities is, however, limitless. As long as there is a product or service to purchase online, it’s almost certain that there is an affiliate program to sit alongside.
For the companies selling the products, affiliates produce important additional revenue. The affiliates themselves need to work hard at the process but it can be a very rewarding career for the best of them.