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An affiliate agreement refers to the terms of services between an advertiser and an affiliate (generally a publisher or website) that oversee and define the affiliate relationship.
An affiliate agreement is a contract between the two parties: the host or offering business and the affiliate. Like any other type of contract or agreement, it's important to put this affiliate agreement in writing.
For companies who have an affiliate program, you will often have a standard boilerplate agreement that is required for all new affiliates to sign. Two of the most vital parts of your agreement that should be included in your contract are the legal and monetary stipulations.
The affiliate marketing agreement should include the affiliate's role, the promotional guidelines an affiliate should follow, and how to earn commission. It should also lay out your company's role, responsibilities, and the commission you offer in the affiliate program.