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Hear this out loud PauseAn affiliate agreement is a contract between two parties who will work together to generate sales or other transactions. The two parties are referred to as the "affiliate" and the "affiliate network." The affiliate network provides access to its customer base, while the affiliate provides traffic and/or sales leads.
Hear this out loud PauseIf you decide to engage in affiliate marketing, you're going to need and want certain legal agreements and disclosures in place on your website to be both legal and successful. These important agreements and disclosures include: Affiliate disclosures/disclaimers. A Privacy Policy.
Hear this out loud PauseIn the business world, affiliated companies are often simply called affiliates. The term is sometimes used to refer to companies that are related to each other in some way. For example, Bank of America has many different affiliated companies including Bank of America, U.S. Trust, Landsafe, Balboa, and Merrill Lynch.
Hear this out loud PauseThe 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.
An affiliate is a company in which a minority stake is held by a larger company. In retail, one company becomes affiliated with another to sell its products or services for a fee. Affiliate relationships exist in many different types of configurations across all sorts of industries.