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Bounty: You get a one-time finder's fee payment for visitor you referred. You will not get commission on any future purchases that customer makes.
The Benefit of an Affiliate Program
Is that you just need to drive traffic to your affiliate site. Write a few articles and provide a few links.
You don't need to find or deal with brokers, wholesalers, inventory, process orders, shipping & handling, customer service, tech support, handle returns, warranties, employees, etc-
An affiliate doesn't even have to be present, your site will keep earning money while you're sick, on vacation, or just doing something else.
Another advantage of being an affiliate, is that you do it from almost anywhere in world..
How The System Works?
When you join an affiliate program, you will be given a specially formatted URL (Links) that you should use to link to affiliate provider's site.
This will enable affiliate provider to monitor traffic to your site and pay according to type of affiliate program.
Many affiliate programs pay a commission based on a percentage of revenue generated by purchases made by visitors coming from your website.
For example; if you're participating in an affiliate program that offers a 25% commission and you
send a visitor who purchases US$100 worth of products, you've just earned US$25 in commissions.
The commission rate itself can vary from 20% up- to 50%+ in case of intangible products such as eBooks or website subscriptions.
Affiliate programs vary widely in terms of overall quality, reliability, commission, statistics, amount of help that merchant site offers in marketing products or services it sells, and so on.
By thoroughly understanding an affiliate program, you'll minimize risk of not getting paid - and maximize your potential earnings.
Albert Hallado Owner of www.netbizreview.com. (Guide To Internet Based Business) Albert is known for interviewing online business experts and Helping Entrepreneurs Doing Business On The Internet.