Designed to create a huge amount of traffic at all times, these sites focus on building an audience of millions. These websites promote products to their massive audience through the use of banners and contextual affiliate links. This method offers superior exposure and improves conversion rates, resulting in a top-notch revenue for both the seller and the affiliate.
While these models have diminished in mature e-commerce and online advertising markets they are still prevalent in some more nascent industries. China is one example where Affiliate Marketing does not overtly resemble the same model in the West. With many affiliates being paid a flat "Cost Per Day" with some networks offering Cost Per Click or CPM.
According to Statistica, 76% of the U.S. population has at least one social networking profile and by 2020 the number of worldwide users of social media is expected to reach 2.95 billion (650 million of these from China alone). Of the social media platforms, Facebook is by far the most dominant - as of the end of the second quarter of 2018 Facebook had approximately 2.23 billion active users worldwide (Statistica). Mobile devices have become the dominant platform for Facebook usage - 68% of time spent on Facebook originates from mobile devices.
“I love working for TTEC@home, I’m a single parent who moved to a new state where I had no family or friends. I started a job where I felt like I was working just to pay daycare for my four-year-old son. My son hated the daycare and I never had time to spend with him. I was referred to TTEC and I'm in love with it. Now, I put my son on the bus and log in for work. By the time I get off work, my son is almost home. It’s wonderful!”
Conversion rate optimization is still possibly one of the most underutilized but critical functions of digital marketing. Every element of digital marketing is useless without considering conversion rates. This goes for SEO, SEM, Social Media, Email, and Display. The power of your SEO rankings are only as good as your click through rates and your traffic is only valuable of your website and landing pages foster some type of “action.” Why spend all the time and energy driving traffic through multiple different channels if you are not willing to spend the time and energy on conversion optimization? Yet many brands and agencies still put less emphasis on this crucial piece of the puzzle.
There are several types of affiliate programs. Most will pay you a flat rate or percentage of the sale you make (pay-per-sale). Another common type is when you're paid per action or lead. For example, if you refer someone who signs up for businesses free trial, the business pays you for the sign-up. Although not seen as often anymore, some will pay you per click (this is seen most in contextual ad programs such as Google Adsense) or per impression (each time the ad is loaded on your website).