Apr 03, 2022
In Share your story with us
If there are no rules governing your affiliate program, you email list open yourself up to being taken advantage of. Your affiliate terms and conditions help hold legitimate affiliates accountable while protecting your business. So you need to pay special attention to it. Here's how to set up your affiliate terms and conditions. Why does your program need affiliate terms and conditions? Every transaction we make, whether it's buying groceries at the store or paying a plumber to fix the sink, is governed by a contract. The basic principle of this contract is that you pay an agreed amount in exchange for a certain service, but it goes much further than that. Affiliate marketing is transactional: you pay a commission for a referral, so that too must be covered by a contract. Again, the basic premise is that your affiliates receive some reward for a specific action, but the details of the email list relationship are much more complex than that. Your affiliate terms and conditions are how you manage your affiliate relationships and the transactions you have with your program members. Without clear guidelines, it is impossible to build trust and ensure a fair affiliate program for both parties. This means that your affiliate terms and conditions should be one of your first priorities when starting your affiliate marketing program. How can I create an affiliate contract? People refer to the contract you enter into with your email list affiliates in different ways. You will hear it referred to as an affiliate agreement, affiliate terms, affiliate terms and conditions, terms of service, operating agreement, and more. Essentially, they're all about the same thing: a contract that protects both parties. So how do you go about creating affiliate terms and conditions? There are three main options:have your agreement drafted by a lawyer use a terms and conditions generator write the agreement yourself nothing prevents you from drafting the terms and conditions of your affiliation yourself, but when you go to a professional, it can give you that extra peace of mind. Whichever route you choose, there are certain basic elements that your affiliate terms and conditions are likely to include.