You\’ve probably bought something through an affiliate website without even realizing it, if you\’ve purchased something online. Here\’s a good example.
Mike decides that he needs a new credit card because the interest rates on his current cards are too high. So he goes to the Yahoo! Search Engine and does a search for \”low interest credit cards.\” He finds a site towards the top of the search results that compares several different credit cards. The site is called \”Credit Card Comparison,\” or CCC.
Mike decides that he likes the Discover Card featured on the site. CCC\’s site provides a direct link to Discover\’s site, so Mike clicks on the link and applies for the card.
What actually happened in the above scenario is that Mike landed on an affiliate site when he did a search for a credit card. The affiliate site provided valuable information that Mike wanted and so was redirected to the Discover site, where Mike applied for a card.
Mike didn\’t care that Discover was able to trace what site actually brought him to the their site. Discover was well aware that CCC was the website that directed Mike to them, as they are able to track who does. Discover paid CCC a predetermined fee, maybe like $15, for sending Mike to their site.
This was done because the service was provided to Mike. A comparison of several low interest rates for credit cards is what he was looking. CCC is a successful affiliate marketer because they provide a vauable service. Discover received his business.
The credit card market represents a major opportunity for new affiliates. Credit card companies are so anxious to acquire new customers that they are willing to pay high commissions to affiliatemarketers.
A great example is also learned from American Express, who is willing to pay $100 for each credi card referral. So, doing the math – if you send a very low number of only 5 referrals, you still have the opportunity of making $182,500 just on American Express!
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