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Many people today have heard of affiliate programs. These programs may also called Re-seller Programs, Associate Programs, Commission or Pay-Per-Sale or Pay-Per-Click programs.
If you’re considering joining an affiliate program there are a few things you should know before signing up. One of the first things you should know is what type of affiliate program it is that you’re considering signing up for.
There are several different types of associate program, some of which are named above. And while they all have something in common, there are important differences you should be aware of.
You’ll want to do your research, read the affiliate information and ask questions first before signing up and investing any amount of time or money into the endeavor.
One of the major differences you’ll find amongst associate programs is how much they pay and when they pay. How much a program pays can range from pennies per click if it’s a pay-per-click program to as much as a 50% commission if it’s a pay-per-sale program.
All of this should be clearly stated in the affiliate agreement. As for when they pay, that varies from program to program, too. Some programs pay daily, others weekly, and still others can take up to 90 days to pay.
Again, this should all be clearly stated in the affiliate agreement.
Another topic that needs to be addressed is non-compete agreements. You need to know whether or not the affiliate program you’re considering signing up for has a non-compete clause in its agreement or if they’ll have you sign a non-compete agreement.
If either of these are the case you need to clearly understand the agreement before signing it. This type of clause or agreement generally prevents you from taking part in any activity that can be seen as competition for the party who’s requesting the agreement.
This means that if you sign up with “Affiliate Program X” and sign a non-compete agreement with them then you’re not allowed to also sign up for “Affiliate Program Y’s” affiliate program, too.
Most of what you need to know about an affiliate program is clearly stated in their agreement.
Just be sure to take your time and read it carefully and ask any questions you may have before signing up.
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