Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.
ClickBank is a privately held Internet retailer of both physical and digital products. ClickBank was founded in 1998.[1] The company has more than six-million clients worldwide[2] which secured it in becoming the 87th largest Internet retailer in North America.[3] ClickBank is a subsidiary of Keynetics Inc., one of Idaho's largest privately held technology companies.[4] The company has headquarters in Boise, Idaho, and offices in Broomfield, Colorado.
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Affiliate marketing is also called "performance marketing", in reference to how sales employees are typically being compensated. Such employees are typically paid a commission for each sale they close, and sometimes are paid performance incentives for exceeding objectives.[21] Affiliates are not employed by the advertiser whose products or services they promote, but the compensation models applied to affiliate marketing are very similar to the ones used for people in the advertisers' internal sales department.
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