Terms and Condition

Affiliate marketing is the process by which companies outsource their sales and marketing, relying on affiliates that earn a commission to advertise their products.
These affiliates choose to promote products of their choosing, usually going for items or services they truly enjoy. They then earn a piece of the profit made from each sale they secure.
As a result, affiliate marketers are essentially ‘prosumers,’ i.e., consumers turned providers.

Why You Need Affiliate Agreements (or Terms and Conditions)

The evolution of marketing strategies has brought a series of challenges around the legal and moral implications of selling products online.
Nowadays, terms and conditions are everywhere, from online shopping sites to subscription-based services, social media, and entertainment platforms.
These legally binding agreements are necessary to help businesses establish a legal bond between brands and their users (in this case, affiliates).

These agreements help to define the terms of the partnership between both parties and for affiliate marketing includes

Definitions of terms Tracking and measurement
Commission rates
Sales validations and payment schedules
Compliance
Confidentiality clause
Term of agreement and termination
Disputes

An agreement makes each party’s obligations and legal responsibilities clear to both parties. Additionally, it can help to protect intellectual property and provide a framework for resolving any disputes between both parties.

Commission Rates

Every affiliate agreement needs to have the commission rates included because it gives the affiliate transparency on what they will be earning and will encourage them to promote you. Without seeing a commission rate upfront an affiliate might be less inclined to promote you to their audience.
This can include product-specific commission rates, category commission rates, tiered commissions (based on sale value or amount), commission by affiliate type, or any other commission structure.

Sales Validations and Payment schedules

You need to make it clear to your affiliates how often you will validate (or approve) your affiliate sales and let them know that any sales returns will be rejected. If you have a 30-day return policy you would do sales validations every 30 days, and then once this is done, how soon after a sale is approved you will pay the affiliate commission.
By including payment schedules into your affiliate agreement you will give clarity on when your affiliates will be paid and how often so that both you and the affiliate can plan financials. This can help you as a brand to manage expectations with your affiliate and create trust.

Disputes

In your affiliate agreement include information on the process for disputes and how they will be handled. You should outline the process step by step so that it is clear and easy for affiliates to follow.
It might start with direct communication, and if that can’t be resolved mediation. As a brand, you want to try to avoid legal action as much as possible but it could happen. It is essential that you include the jurisdiction or legal system that will govern the dispute so that you are covered if an affiliate does decide to pursue legal action.

Contact Us

If you have any questions about our Terms and Condition, please contact us:

By email: support@affzip.com

Subscribe our newsletter and get latest updates.

Visitor Today

Active Subscriber

Email:

Terms and Condition

Privacy Policy