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From this course, you’ll learn how you can successfully leverage affiliate marketing as a new sales channel to drive growth for your business. You’ll be able to understand and then put into practice the essential steps that large, global brands use to make their affiliate marketing programmes a success – plus valuable tips in getting it right that most never share.
In November 1994, CDNow launched its BuyWeb program. CDNow had the idea that music-oriented websites could review or list albums on their pages that their visitors might be interested in purchasing. These websites could also offer a link that would take visitors directly to CDNow to purchase the albums. The idea for remote purchasing originally arose from conversations with music label Geffen Records in the fall of 1994. The management at Geffen wanted to sell its artists' CD's directly from its website but did not want to implement this capability itself. Geffen asked CDNow if it could design a program where CDNow would handle the order fulfillment. Geffen realized that CDNow could link directly from the artist on its website to Geffen's website, bypassing the CDNow home page and going directly to an artist's music page.
New traffic to your site and company is a huge benefit. The affiliate lead will bridge trust between you and the customer which is vital for a consumer to take the next step and buy the product. The customer will more than likely return to the site and spread the information to others about your product.This is a win because the potential customer might not have otherwise had access to the product if had not been advertised and marketed through the affiliate’s website. In addition, with the ever growing and changing market of the internet the company may need to be looking for new affiliates to work with to match their target demographic. So, the method of marketing is constantly growing and adapting to match the current customer.