Knowing the lingo gets you places
Published on 2/18/2017
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Understand The Lingo Of Marketing
Know Your Market Potential
Before you take a trip to a foreign country, you likely make it a point to try and learn some of the language, just so you fit it. And so it is with affiliate marketing. Knowing the lingo gets you places.
Here's a short list of terms you will need to know:
Affiliate Marketing: usually associated with a commission structure that pays out only on one level
Autoresponder or Drip System: software that automatically sends out email based on client programmed criteria
Direct Marketing: usually used by people trying to differentiate themselves from MLM (multi-level-marketing)
Forced matrix: a type of sales commission structure
Multi-Level-Marketing (MLM): commission structure built on payouts 10
at two or more levels
Networking: making connections with people to create a mutually beneficial affiliation
Network marketing: used by the MLM industry to denote their businesses operate at more than one level
The above terms are just some of the ones you will run into fairly frequently. If you run into others, do some research on the Internet.
If you know more terms, feel free to comment them with a short explanation, im sure the readers will appreciate, and so will I :)
Knowledge Is Indeed Power!
Yours in success,
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