What are affiliates and vendor?

OK, let's look at a few definitions;

Let's start with the term: vendor

The dictionary defines a vendor as:
"someone who exchanges goods or services for money. One that sells or vends such as a street vendor or a vendor of software products on the Web. Simply put, this is the seller of any number of goods of any possible type. From tyres to cars, new homes to pets, the person doing the selling is the vendor. Traditionally, he/she is selling goods that they may or may not have produced or manufactured themselves."

Now let's look at the term: affiliate

The dictionary defines affiliate as:

"anyone that has an agreement with a seller (vendor) to represent (sell) his or her product
within the terms that the seller has dictated in exchange for remuneration (payment) of some type, normally a percentage of the sale."

Got it? Good, because that is the really exciting part of doing business on the web.

There are literally THOUSANDS of companies out there willing to PAY YOU to sell their products and services.

All you do is introduce people to a vendor's product, and we'll show you how to do that too!

The rate of commission paid to affiliates varies widely from vendor to vendor. I have seen vendors pay out from 3% all the way up to 75% or even higher.

In my experience, electronically delivered goods (intangible goods) such as ebooks, website
memberships, etc., offer substantially higher commissions than hard goods (tangible goods).

This is largely due to the fact that there are lower associated costs with electronically
delivered goods. (stores on computer or diskette,endless supply, no additional production costs etc.)


ClickBank stands alone as the #1 online provider of electronically delivered goods.

They deal solely with electronically deliverable products and services. That's all they handle.

Nope, you can't get a birdhouse or a backyard pond kit through ClickBank, but you could order plans on how to make your own.

As a matter of fact, ClickBank currently offers thousands of the hottest-selling products &
services and pays each affiliate up to 75% commission on each and every one of them!

Now I know you are thinking, what is ClickBank's interest in it?

Simple. It's money.

For every transaction that is performed through ClickBank, they're paid a percentage or
minimum transaction fee. In my mind, it's well worth the expense. By handling all financial
transactions, just think of the headaches they take away from both the vendor and the affiliate.