By the easy way to understand, Affiliate Marketing brings a great chance to make money online when publishers called as Affiliates effortlessly assist the business in advertising your products, services or site. Just visit online store, find the favorite item and then share as well as refer it to others. And the awarded prize is an amount of commissions that is a piece of profit store owners as you give to them when a sale is created. Apparently, it is simple to know that Affiliate Marketing establishes subtly a beneficial relationship between store owners and consumers.
Discovering the huge benefits from Affiliate Marketing, Mageplaza Affiliate extension based on Magento 2 platform for all eCommerce stores. Mageplaza Refer Friends module becomes a crucial marketing tool when allowing to build multiple affiliate programs with a variety of actions to earn the commission as you need for the own Affiliate system. Coming with Magento 2 Affiliate Standard edition, you will arm the most necessary features for the successful marketing strategies.
This is the process of earning a commission by promoting services or products of other companies. Once affiliates refer a sale to you, they get paid a commission. There are few numbers to prove that Affiliate Marketing is real effectively process to increase merchant sale and this marketing method growing up significantly.
Affiliate marketing is considered to be one of the world's fastest growing and best internet marketing techniques to earn money online and I will explain why - Cost effective: Marketing on the internet is cheap and you don't have to worry about the production cost as the product is already developed by the seller. You don't need a physical business location or hire employees either.
- Global Market:Online marketing gives you the opportunity to reach people all over the world easily.
- No Fees: You don't need to pay anything to join affiliate programs.
- No Storage No Shipping:You don't need to worry about storage, packing or shipment of the product. They are all taken care of by us.
- No customer support:You don't need to provide any customer support or deal with consumer complaints as we do that for you.
- Passive income:A regular job can give you a fixed income as long as you continue to work. Depending on your marketing skill Affiliate marketing can create a steady flow of income even when you are not in front of your computer.
- Work from home:If you make enough money then you don't have to worry about going to work at the same time every day or getting stuck in traffic. You can work in the comfort of your own home.
Store admin has rights to create as well as manage clearly unlimited campaigns through the name of campaign, active time, status and priority. With each Affiliate program, you can reward different commissions amount to specific Affiliate groups. Besides, it is necessary to set the priority for a new campaign, and the campaign, whose priority is higher, is active first.
Easy to add/ edit/ delete Affiliate accounts Classify Affiliates into different Affiliate groups Auto-send email notification for creating account, updating balance, and withdrawing commissions. Set the maximum of commissions in Affiliate account balance Option to configure: Require admin's approval Option Allow negative balance or not
Add unlimited Affiliate programs Enable Pay Per Sale promotion to pay commissions 3 type of commissions: Percentage of grand total, Percentage of total profits and Fixed amount Add multiple tiers as you need per Affiliate program Select specific groups Public and Private affiliate campaign for specific affiliate groups. Enable Lifetime Commissions Schedule Start and End campaign Apply shopping cart rule for campaigns Set referal discount each campaign
Easy to hide affiliate link and parameters Switch between parameter or hash in configuration Configure refer code or affiliate ID
Upload banner (image/flash) and text link for sharing. Enable traffic statistic of banners & links
Allow refunding commissions when applying as payment method Lifetime commission supported
Set the maximum and minimum of commissions per withdrawal request Admin can set withdraw fee
Easy to pay out affiliates with mass action
Support referral buttons: Social button (Facebook, Twitter, Google Plus, Instagram,...) and Email button. Import contacts from social accounts. Easy to hide affiliate link and parameters
Affiliates get comissions based on sales that refer from their links.
Transfer via PayPal or Banks if there is withdrawal requirement.
Affiliate can see current balance on every page of Affiliate area Track, manage all affiliate's transactions Affiliate link in footer of every page.