Do you want to become an affiliate Marketer? if so, then you will need to master these affiliate marketing terms- terminology. This will help you to understand well your undertakings.
Here we shall look at some of the very important terms that you should know as an affiliate marketer.
- Affiliate – This is the partner who promotes the merchant’s products or services for a commission. Also called a publisher.
- Affiliate agreement – A contract that both parties agree to specify the rules, responsibilities, rates to be paid and other guidelines.
- Affiliate link – URL that is can be tracked, this identifies the affiliate as the source of targeted traffic to a merchant’s site. A click on the affiliate link counts as a referral. Example of a link: Media.net
- Affiliate network – An online marketplace where merchants list their products and where affiliates can find products to sell.
- Affiliate program – A program set up by merchants to pay commissions when affiliates refer people to their products.
- Commission – A percentage of the total sale that is paid to the affiliate for referring the sale.
- Cookie – Cookies are used in affiliate marketing to a sign a unique ID to the buyer in order to tag the purchase as being referred by you. Cookies usually have a predetermined lifespan, so that even if the buyer doesn’t purchase right a way, you will still get credit for the sale if it occurs within that time frame ( often 60 days or more).
- Customer – The end-user or purchaser of the merchant’s product or service
- Merchant – The owner or creator of the product or service. Also known as a retailer or a brand. You can also read: Mechanics behind getting paid for promoting affiliate products.
- Referral – Credit for click or a sale that occurs when the affiliate sends traffic to the merchant’s site.