One trend that is growing in popularity amongst Merchants in their effort to stay competitive is affiliate marketing. This is a Pay-for-Performance model that allows the merchants to pay an agreed upon commission only after a sale has resulted from the efforts of members enrolled in the Merchant's affiliate marketing program. Joining Merchant affiliation programs are usually free in most cases and allow merchants to utilize the services of thousands of affiliates that are marketing the merchant’s products and services. The upsides to programs such as these are tremendous as the merchant is only paying for results. If an affiliate is unable to generate sales or leads for the merchant, the merchant pays no fees to the affiliate.
The BountyShopping Affiliate Network is a revolutionary concept that lets the merchant offer rewards to their customers, create their own affiliate network and personally be part of a larger affiliate network.
The reward aspect allows merchants to select the level of rewards their customers will receive from shopping with their business. The rewards create the incentive for customers to frequent the business more often and usually increase the amount spent with each visit.
The Merchant also has the opportunity to create an affiliate network. As their customers and others make referrals that result in sales, the merchant would pay a commission to those affiliate members responsible for this action. The members in their network are compensated when their marketing efforts result in others making purchases with this merchant.
The Merchant is also part of a larger affiliate network that rewards them on the efforts of members in their affiliate network. As their affiliate members make purchases at other merchants in the network, the merchant receives commissions on these purchases. When the affiliate members make referrals and others join the program, the merchant will also earn commission on the purchases made by the referred members. The affiliate members can utilize a multitude of methods to market the program. Of the most popular would be creating links on their web pages and/or websites, word of mouth, email communication, blogs, activity within social networking communities, placement of promotional items (this would be postcards, counter displays and door hangers), etc.
The future of shopping revolves around the affiliations that are made. Customers will earn cash back on all their purchases and earn commission on the purchases of those in their affiliate network. Merchants will belong to a nationwide reward program that will provide rewards to those shopping with their business. They will also have their own affiliate network and possibly thousands of affiliates that will be responsible for other consumers shopping at their business. As part of the BountyShopping Affiliate Network they will also earn commissions on the shopping of all affiliates and referred affiliates in their network.
Finally, merchants also receive cash back on their business and personal purchases. When they make referrals to other merchants they will earn commissions on purchases our members make at this establishment.
With all these features it should be quite obvious that The BountyShopping Affiliate Network will be a force to reckon with. The only question that remains is when will you join the trend?
For more information visit http://www.bountyshopper.com/Content/merchant_info.php
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