Affiliate Marketing is an advertising scheme where the affiliate (the party that promotes a service or product of a specific brand) gets a commission for every successful lead or sales he generates for that brand.
There are different types of affiliate networks with various commission rates (ranging from a few % to 50% or even more). Users can join affiliate programs via 3rd party affiliate networks or directly on the brands’ websites, which have their in-house affiliate systems.
Online businesses that have affiliate programs usually get about 10 - 30% of their revenue via affiliate marketing. This means that this is an important marketing channel to consider for your business growth.
IT service providers usually don’t use affiliate marketing to promote their services. Around 81% of interviewed IT companies don’t use any kind of affiliate marketing, according to the latest TechBehemoths survey.
At the same time, digital agencies can help your business set up, launch and expand your affiliate marketing program. Their knowledge, expertise and professionals can help you build a new revenue stream via affiliate marketing.
Here are some advantages of having an affiliate program:
- Increases your brand awareness
- Generates leads and sales
- No need to hire employees
- Affiliates do the advertising job for your business
- Affiliates’ revenue is based on their performance
- Can be automated and run autonomously
- Is generally a low risk investment
Here are some things to look for, before hiring a digital agency which provides affiliate marketing services:
- Expertise
- Technical knowledge
- Skilful team
- Price range
- Portfolio
- Approach & techniques
- Communication & reporting
- Customer reviews
There are more than 790 affiliate marketing service providers listed on TechBehemoths. The web agencies are from all over the world provide a wide set of digital marketing services, including branding, advertising, pay per click, SEO and more.
To ease the selection process, we’ve created a powerful filter which you can use to choose the right companies based on your project requirements. Browse their profiles and contact them for possible collaborations. The service is free and there is no obligation to hire!