The essence of Affiliate Marketing can be described in 3 simple steps:
You define the action that you want to set as your goal, e.g. sales, competition entries, newsletter registrations etc.
You decide what you can afford to pay for each complete action, e.g. 5% percent of the sales value (cost per sale) or 1 euro per newsletter registration (cost per action).
You only pay for complete and valid actions that have been generated through the Linkwise Affiliate Network.
As a result, you minimize your financial risk, since you only pay based on the sales or actions you have specified as your campaign’s goal!
Linkwise Affiliate Network
Let’s see how the network works in a little more detail by following the chart below:
STEP1
Advertisers and Affiliates both sign up to the Linkwise Affiliate Network.
STEP2
You will be assigned an Account Manager who will be responsible for helping you setting up your affiliate programme in the best way possible. Together you will create your programme or campaign, you will decide upon the commissions you will be paying to affiliates and the creatives that will be on offer. Once everything is ready, your programme will be made available to thousands of affiliates who will choose the most suitable method of promotion and the creatives they will use in order to begin advertising your business!
STEP3
When one of your creatives or text links has been placed on an affiliate website, this is what happens (in the example that follows an affiliate has placed a banner on his/her website and through it, is redirecting visitors to the advertiser’s e-shop):
STEP4
After an action has been validated by you, the corresponding commission is added to your monthly total. When the month ends, you pay this amount to Linkwise, who in turn makes sure that each affiliate gets paid accordingly.