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2021 Affiliate Language

Nov 07, 2021

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In this ebook you will learn everything you need to know about affiliate marketing - the jargon, how it works, pros & cons. It's important to understand the basics of affiliate marketing before diving in. Did you know, you can generate a 6-figure income without having to create your own product.
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Page 1: 2021 Affiliate Language

Copyright © All rights reserved worldwide.

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YOUR RIGHTS: This book is restricted to your personal use only. It does not come with any other rights.

LEGAL DISCLAIMER: This book is protected by international copyright law and may not be copied, reproduced, given away, or used to create derivative works without the publisher’s expressed permission. The publisher retains full copyrights to this book.

The author has made every effort to make this book as accurate and complete as possible, while at the same time ensuring that it contains no errors. However, the author/publisher/ reseller assumes no responsibility for errors, omissions, or contrary interpretation of the subject matter herein and does not warrant or represent at any time that the contents within are accurate.

Any perceived slights against any person, people or organization are unintentional.

Our goal with this book is to teach you everything you need to know about implementing digital marketing into your business. There is no guarantee that this will lead to increased sales or income, as such results may fluctuate depending on a variety of factors. So, as the publisher/author/reseller of this book it's important to let you know that we're not liable for any negative results you may experience when following our advice or implementing our techniques.

Any company and product names included in this report are either the trademarks or copyrighted properties of their respective owners. The author & publisher are not an affiliate of the company in any way. Nor does the referred product, website, or company sponsor or endorse this site.

COMPENSATION DISCLOSURE: Unless otherwise expressly stated, you should assume that the links contained in this book may be affiliate links and any purchases made afterward through them will earn the author/publisher/reseller a commission. However, the author/publisher/reseller disclaims any liability that may result from your involvement with any such products. You should perform due diligence before buying these products.

This document forms the entire agreement. Any issues not covered in this agreement are dealt with at the discretion of the publisher.

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Table of Contents Introduction ........................................................................ 4

Affiliate Marketing 101 ....................................................... 7

Affiliate Marketing Terminology ......................................... 9

Conclusion ........................................................................ 26

Resources ......................................................................... 27

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Introduction

Did you know that you can generate a 6-figure income without having

to create a product of your own and without the need of a well-known

name or brand? You just must learn and then apply what successful

people do.

It’s really true: Thousands of people like you and me are able to earn a

full-time income from affiliate campaigns that sell both niche and large-

scale products. Now that’s got some great earning potential!

They also generate revenue by other methods such as getting affiliates

to promote them and building their own mailing list so they can send

out future promotions.

The costs are minimal, there are no risks, and there are plenty of

upsides associated with affiliate marketing.

Here are some of the many great advantages of affiliate marketing:

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• You don’t need your own product.

• You can venture into a broad variety of multiple niches at once.

• No shipping or inventory is involved.

• No customer service is required.

• You don’t need your own website.

• You can work on your own time and pace.

It's easy to see why affiliate marketing is such a popular and sustainable

way for any business to be successful.

Affiliate marketing is an incredible way to make money without any

adaption time, whether you're a beginner or an experienced marketer.

I've made pretty much unlimited passive income through this system.

Affiliate marketing is an excellent way for beginners to start earning

money online. Whether you have little experience or are a seasoned

marketer looking to maximize your income, affiliate marketing is an

incredible source for passive income.

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In this report, we'll work through how to use affiliate marketing to

make money. With more knowledge on terminology, you're set for

success!

Are you ready to go?

Let’s begin!

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Affiliate Marketing 101

The responsibility of developing, building and promoting the website

falls on the creators of the product. It is their job to provide affiliates

with the necessary information & tools so that they can effectively

promote it.

An affiliate is the middleman that helps bring in traffic to your offer.

They make sure it comes through an affiliate link and develops

strategies to get people on board.

By working as an affiliate, you’ll earn money for each sale made

through your link. You can set up a 50/50 split with the site owner and

earn 50% commission on every sale you make.

If you want to jumpstart your affiliate marketing career so you’re able

to start making money quickly, you should start the Million Dolla

Challenge, the #1 strategy & funnel that shows you how to make your

first commission online, available at: Million Dolla Challenge

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This all-inclusive challenge will teach you everything you need to know

to generate a steady income in affiliate marketing. Super affiliates with

many years of experience created it, so you’ll be learning from the pros.

Here are just a few of the actionable tactics shared inside this exclusive

challenge:

• The secrets to positioning yourself as an expert in any niche

market.

• Top strategies for getting more affiliate sales.

• Learn the email marketing secrets that will take your business to

the next level.

• Discover a little secret tactic for making money when giving free

bonus gift.

• Learn multiple secrets to choosing profitable products.

• Get a variety of tips for boosting your affiliate income.

I highly recommend signing up for the course if you want to minimize

the learning curve so you can start making money faster.

Here’s the link again: Million Dolla Challenge

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Affiliate Marketing Terminology

When you're considering getting involved with affiliate marketing, it's

important to learn the terminology. Here are some of the most common

terms related to this industry:

Affiliate Program

Affiliates usually get paid a commission for each sale that customers

make through their website or link.

The commission model is based on a variety of different actions

performed by your users. You'll either generate leads, have someone

subscribe to a service, make a one-time purchase, or any other

touchpoint with your website.

The advertiser will use one of many performances tracking software

and track clicks and eventual conversions to find the affiliates that

contributed to this process.

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Many service providers run their own affiliate programs, where they

buy traffic for themselves to increase their own profit.

Affiliate Manager

An Affiliate Manager is essentially the liaison between affiliates and the

company. They might create offers, help track performance, etc.

Basically, anything to do with the affiliate department.

Advertiser is someone who owns a business and offers customers

services or products in exchange for payment.

Two ways affiliates are paid is when they refer a new lead - in which

case they can get paid per lead - or when they make the sale. So the

more you advertise, the more money you make!

Affiliate Network

One of the primary roles of an affiliate network is to act as an

intermediary between affiliates and advertisers. This way, affiliate

networks can help affiliates find affiliate programs that match what

they have for inventory.

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Affiliate networks like Commission Junction allow you to tap into a

larger pool of affiliates to get your content seen by more people.

If you’re looking for a top affiliate program that not only provides

instant access to top performing creatives and done-for-you email

swipes, but also offers a free affiliate newsletter that provides powerful

training tips and strategies that will help you maximize your income,

you’ll want to join Million Dolla Challenge

Affiliate marketing can be competitive and challenging to make a

profitable enterprise. But, when you offer a bonus to customers

through your affiliate offers, they can get a discount or other special

treatment that the competition is not offering. Affiliates offer bonuses

to make their product seem more attractive. Typically, the bonus is

additional content for the same price. The more value that we perceive

in your product, the easier it will be for us to convince others to buy

through your affiliate link. For this reason, it’s important to learn how

to create high-quality bonuses that stand out and help you capture the

attention of your target audience.

Building your bonus offer doesn’t have to be complicated, but it does

require some design and/or copywriting knowledge.

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One way around this is to use join program like Million Dolla Challenge,

which simplifies the entire process of creating affiliate bonus pages.

They’ve already done the hard work for you. Million Dolla Challenge is

available at Million Dolla Challenge

Bonus Offers

In affiliate marketing, you are competing against other affiliates, which

often may advertise to the same customers as you. A great way to

stand out from the crowd is by utilizing bonus offers. Affiliates offer

bonuses to convince customers to purchase through their link in order

to close that sale. Generally, a bonus is relevant to the product being

promoted and works as an additional component. When people

perceive a product as valuable, it will be easier to promote it. We know

how important it is to keep creating new and exciting bonuses for your

customers. Therefore, we make sure our bonuses are designed to

capture the attention of whomever is actually reading them.

Building your bonus offer doesn't have to be difficult. We know what

you need based on your design preferences, so give us a call!

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One way around this is to use join program like Million Dolla Challenge,

which simplifies the entire process of creating affiliate bonus pages.

They’ve already done the hard work for you.

Million Dolla Challenge is available at Million Dolla Challenge

Cookies

Cookies are used in affiliate marketing; they act as a way of tracking

which customers were directed to the site through your affiliate link.

Cookies are a very common occurrence on most websites and usually

last for a given period. If the visitor comes back within that window, the

affiliate marketer will be paid whether that visitor used your link to

make their purchase.

CTR

Your Click-Through Rate (CTR) is the percentage of impressions that

result in clicks. It is often calculated for an entire network.

CPA, CPS, CPL & CPC

CPA, CPS, CPL & CPC are four of the most common cost per action

models used in affiliate marketing. They each have their own respective

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costs for an action carried out by a visitor. These are usually

conversions of some sort.

The cost per action (CPA) payment plan is designed for affiliates who

only profit from conversions. If a sale doesn't happen, you won't make

any money.

Ad teams use the cost-per-sale (CPS) metric to calculate the amount of

money that's paid for every successful sale generated by their

advertisement.

A visitor either purchases the product or show an interest in it. This is

also called Cost Per Sale (CPS) or Cost Per Lead (CPL), respectively.

Cost Per Click (CPC) is an online advertising model. For every click of the

ad, there'll be a payment made to the advertiser.

Campaign or Offer

This is an advertisement for a product or service. Affiliates typically

create offer promotions, and they often include the payout model, the

commission rates, and actions to take in order to attain a target

audience.

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After clicking your promotion link or banner, the final URL is called the

offer URL. This is where you want them to land. This is your landing

page, where they will see your offer or campaign.

Conversion

This is generally the desired outcome for someone who was advertised

to. They might sign up for a service, buy a product or download an app.

As an affiliate, it's your job to help businesses make the leap from

prospect to conversion. This is when consumers are at their most easily

persuaded by advertising and are more likely to make a purchase.

The Conversion Rate is the percentage of website clicks that turned into

a lead or sale.

For example, if out of every 100 visitors to your site, 1 made a

purchase, your conversion rate would be 0.1%.

Data Feed

This is a confidential file containing our advertisers' lists of products,

including prices, images of products, descriptions, and affiliate links to

purchase the products.

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Disclosure

This is a notice on an affiliate’s website or blog. We are compensated or

paid for sales, recommendations, endorsements, and advertisements of

a product and/or service on this website.

Part of your marketing campaign is placing this statement on the top of

your landing pages. It’s important because it will help you comply with

FTC laws.

Tracking Link

This is a unique URL that an affiliate will send their audience to get the

offer. It can also be known as a click tracking link or affiliate link.

Third-Party Tracking

This is the principle of automatically notifying the affiliates if one of

their conversions has been received. New conversions are

automatically sent to tracking systems, allowing the affiliates to know

about every conversion they receive.

For example, if a network decides to partner with another, it's likely

that any post-back gets forwarded to the partner.

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Million Dolla Challenge will share an excellent affiliate program with

you at Million Dolla Challenge

This affiliate program has thousands of affiliates already, and you would

be eligible to promote all their top-selling platform and tools and

Receive A Recurring Affiliate Commission Every Month Forever!

You'll also get access to insider tips and strategies, exclusive discounts,

free trials, and early beta access to new services.

You also have instant access to top performing converting email swipes

to use in all your promotions.

Creative

Any form of content that advertises the product is considered an ad,

including graphics & banners.

There are many kinds of creatives used by affiliate marketers.

Depending on what kind of advertiser you are, choosing the right one

can be tough.

Large & impactful advertising creatives are an effective way of

promoting products without disrupting your users’ experience.

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Interactive banners are like nothing else. They're dynamic and highly

interactive, giving numerous ways for users to engage. Ads like this

contain an interactive element (e.g. a video or game) as well as a

contact form for user engagement.

An ad tag or snippet is an HTML element that displays ads by

dynamically fetching them from an ad server.

Referral Bonus Program

This is a type of commission unique to this affiliate program which is

awarded to affiliates that recruit new affiliates into the program.

The more affiliates you refer, the bigger your monthly commission. You

can earn a percentage commission on their sales in a different way.

Client-Based Tracking

This is a tracking method that uses cookies to store information about

visitors on their computer. The cookie tracks the advertising affiliate

that brought in the user and then links them back to the source of

where they came from.

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With an appropriate pixel placed on your site, cookies are recorded

whenever a visitor performs an event. They carry the information of

where the conversion came from which allows you to get credit for

bringing traffic to your website.

The pixel is also called an impression pixel or iframe pixel, depending on

which of these two methods are chosen.

Client-based tracking is easier to set up, but it is less accurate since it

uses cookies to follow your visits.

Impressions

This refers to the number of times a particular ad or message is shown.

Landing Page

You can use this website or webpage to which affiliates promote

products.

When a user clicks on an ad or banner, they are redirected to the page

for that product for more detailed information and purchase options.

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The main purpose of a landing page is to get the user to complete an

action. It may be purchasing a product, signing up for a service or

downloading content which have all have positive value for the

advertiser.

A good way of incentivizing a conversion is to create a landing page that

reflects your online persona and "sells" them on the benefits of taking

whatever action you want. Your charisma should encourage users to

take that step instead of moving onto the next page.

You can also use a bonus page as your destination URL when promoting

offers. See a previous section for information on how to easily create a

bonus page with Million Dolla Challenge

Niche Marketing

This type of marketing is focused on a specific group of people.

General ads target a wide variety of people, but niche marketing is

more targeted. If you're running ads for yoga related products, your

niche is the yoga industry while your primary industry might be health

& fitness.

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When a marketer chooses a niche, they can create more targeted ads

that will elicit a better response from the target audience.

Search Engine Optimization (SEO)

SEO is the process of getting your website to rank higher on search

engine results. Doing this will help you gain more exposure and get

more traffic, which leads to better sales or leads.

Lead

People who join your mailing list or download your content probably

have a good amount of interest in what you offer them and so they

might become customers. On the other hand, those who just surf

around on your site without signing up for anything are mostly just

looking around and so they usually won't become customers.

A prospect is also known as a potential client.

It's important to know that for some companies, a lead can be different

than for others.

For some companies, a lead is someone who has expressed interest in

their product or service. Other companies take contact information

from any company to be a lead. You want to turn these leads into

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customers so your goal should be to convert the highest number of

leads possible.

EPC (Earnings Per Click)

You earn a percentage of proceeds from every person that clicks on

your link and visits the merchant’s website.

A/B Testing

A/B testing can be known a split testing. Split testing allows you to

check the effectiveness of different websites or creatives when they are

being run in parallel.

Affiliate ID

This is a unique identifier given by the affiliate or merchant programs

that you are promoting. It tracks your sales, clicks and often traffic to

ensure you are entitled to any compensation this program provides.

Ad Blocker

This technology is what prevents ads from displaying on a website.

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Ad blocking is on the rise, so the IAB has launched their L.E.A.N.

program to make ads better and give them a more pleasurable

experience so they can take down their blockers.

Ad blocking technology has for a for a long time made it possible for

people to take back their privacy and limit how much information is

collected about them. And now, due to the proliferation of this

technology, over 15% of online consumers are starting to use this as an

option. Not only is this problematic because so much content is served

based on preferences and data.

One of the problems with advertising is that advertisers are starting to

use more intrusive ads that disrupt the customer experience.

Advertising is not just about luring in customers, but also providing

them with an enjoyable experience. The best way to stop ad blocking is

to improve the user experience across all modern browsers.

Encrypted

For advertising on secure websites, it is actually necessary to ensure

that you're making creative pieces that are SSL-compliant. This means

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that they will be more secure and adhering to the particular protocol

for establishing a secure connection.

The goal is to ensure that the content of your communications are

encrypted so that unauthorized parties can't read them.

Return on Investment (ROI)

This is the profit you made. It's calculated by taking the money you

made minus your total expenses and other costs like taxes and fees.

A high ROI means that your profits are higher than the costs, so you’re

making good money.

The ROI calculation is one of the easiest to calculate which means it

doesn't require complicated math. It has input fields that are easy to fill

in and will provide you with useful information on your decision-making

process.

First Click

Affiliates will be rewarded commissions when they introduce the

customer who made the purchase. This is because the customer will

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use their cookie for a certain amount of time, and the affiliate who

introduced them during that window will get rewarded.

Last Click

Programs that give commissions to affiliates, determined by who was

the last person to link the customer with the product or service they

bought.

The list below contains a few of the most popular abbreviations in

affiliate marketing:

• SERP: Search Engine Results Page

• AOV: Average Order Value

• SEM: Search Engine Marketing

• B2C: Business to Consumer

• EPC: Earnings per Click

• B2B: Business to Business

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Conclusion

Affiliate marketing is a business opportunity that doesn't require heavy

start-up costs, years of experience or expertise. The best part? It can be

started instantly, without any of these prerequisites.

You'll notice measurable benefits from even a single campaign pretty

quickly and can see success within just a few hours of starting.

The next step is to create an action plan and build your bonus pages so

that you can stand out in the marketplace and maximize conversion

rates. You can learn exactly how to get started inside of the Million

Dolla Challenge program at: Million Dolla Challenge

The affiliate marketing world brings with it a lot of opportunities. You can make from $10,000 a year to six-figures and beyond if you focus on building a target list and motivating them with your content. It's an incredibly profitable place to be, for sure!

To your success,

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Resources

Here is a link to a special resource that I believe will help you:

Million Dolla Challenge Program:

>> Million Dolla Challenge