Affiliate Marketing Secrets

Like above question, i’m a webmaster of a affiliates Amazon sites. Please answer my question and i will give you some coupon code or discount of amazon products !!!

Perhaps the simplest way to explain affiliate marketing is that it is a way of making money online whereby you as a publisher are rewarded for helping a business by promoting their product, service or site.
There are a number of forms of these types of promotions but in most cases they involve you as a publisher earning a commission when someone follows a link on your blog to another site where they then buy something.
Other variations on this are where you earn an amount for referring a visitor who takes some kind of action – for example when they sign up for something and give an email address, where they complete a survey, where they leave a name and address etc.
Commissions are often a percentage of a sale but can also be a fixed amount per conversion.
Conversions are generally tracked when the publisher (you) uses a link with a code only being used by you embedded into it that enables the advertiser to track where conversions come from (usually by cookies). Other times an advertiser might give a publisher a ‘coupon code’ for their readers to use that helps to track conversions.

We have a small online business, it’s very much a niche business related to domain names – not selling them by the way. Anyway, business was great when it started initially as we were the only non-domain register affiliated service out there (and still are) but very quiet now – we did very little advertising initially and really pretty much none after that.
We run it basically as a hobby but it does have potential. So, we’re thinking – we charge x for our service, we setup some type of coupon code system with a unique code for each affiliate, the customer gets lets say 10% off when they arrive at the site and enter the code to purchase our service, we can then track which affiliate gets how much. We’re thinking generous commissions of say 50% on the net take. Would something like that work? Never tried anything like it so just wondering? By the way we have a service which folks absolutely have to use – if not from us from someone else but we are quite literally the cheapest such service on the net, problem is we don’t advertise and we don’t advertise because we don’t get the business….a loop, lol. Thanks.