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January 18, 2010
Posted in
Attraction Marketing
This Affiliate Marketing update is coming to you in just the nick of time. Why you may ask? I will reveal that at the end of this article so read on!
Affiliate Marketing has been around for a very long time and began way back in the early 20th century. Businesses would pay other businesses to advertise and sell their merchandise which would open up a whole big audience of customers that they had never marketed to.
Many times these businesses would have a joint venture that they would sell each others' products so they had leverage to a larger market demographic. Let's say a dentist with a service but no product teamed up with a pharmacy that did sell products the patients could use.
The chiropractor would refer his customers to the pharmacy and they would get a discount mentioning the chiropractors name. The chiropractor could make money from the referrals to the pharmacy.
Now after looking at this the chiropractor decides that the pharmacy has more to gain on this deal. So the chiropractor would then in turn offer a discount to any referrals the pharmacy sent to the chiropractor business and they became affiliates.
