Understanding Common Terms in Affiliate Marketing
We always hear or see affiliate marketing on the Internet. Yes, it's a fairly simple process and it does not take long to do it. It is a commitment that you can take advantage of if you want to get the best results in your income. But, of course, learning some basics about affiliate programs is necessary so that you know what you really need to do to earn relevant income. To begin, let's discuss some common terms.
· Merchants are those companies or service providers and retailers that promote affiliate programs.
· Affiliates are people who market products and services by placing banners or product links on their sites.
· The cost per sale or CPA is the type of income or commission received each time a client clicks on the link that configures and buys the product.
· The cost per potential Customer or CPL is the commission you receive when a certain visitor to your site clicks on a link and completes a form on the merchant's website.
· Cost per click or CPC is quite popular. Each time a customer clicks on the banner of the merchant of your site, you will receive responsibilities.
· The merchant establishes CPM or cost per thousand impressions with a fixed rate for 1000 impressions or display of the ad or banner on the website.
· Commissions are the established percentage value that you get each time someone clicks on links or buys products. The rates will vary according to the price of the product or the established parameters of the merchant.
Be guided, although not all programs will include all this in their programs. Everything will depend on the nature of the business and most likely they opt for a particular measure. These are basically measures to measure the progress of your particular participation in the program.