myntra launching affiliate program
Affiliate
programs are big sales generating channel for E-Commerce sites across the
world. These Affiliate programs by E-commerce sites have also led to
hundreds and thousands of affiliate commission based businesses.
Even in
India, most of the comparison sites or deal aggregating sites work purely on
affiliate commission basis, which in itself is quite lucrative.
Before we get
into comparing various Affiliate programs, here is a short explanation of what
it means for people who may not be aware of it.
Affiliate
programs work on a simple principle – offering fixed commissions on product
sales.
So for
example, If I am an affiliate partner of Flipkart and for any sales that happen
through me, I will be paid a certain fixed percentage (or fixed amount) of the
sale value.
Unlike other
forms of advertising, Affiliate programs work very well for e-commerce sites,
because they know the exact RoI from it.
Most of the
Indian E-Commerce sites have Affiliate programs and we bring to you the
comparison of them all in one place: