Cashback sites - All you need to know
If you have ever surfed the internet then you have surely come across cashback websites. These websites are designed to reward visitors for making purchases from their websites by automatically cashing in a percentage of the purchase price. For example, if the customer buys a couple of candles from your website then you would be able to claim a cashback credit against that total purchase. This means that instead of paying the merchant or website owner for the product, you in fact are then able to get a cashback credit against that purchase. Still, if you need money, lenders such as Flash Financial Guide will give you an installment loan, but it is not the same as a cashback site.
The merchants or companies who run these cashback sites attract a specific type of clientele and as such, have been designed to operate in a certain way. To illustrate how cashback works it is important to, first of all, have a basic understanding of how affiliate marketing works. Essentially, affiliate marketing involves one party (the merchant) contacting other parties (clients) via the internet and seeking to persuade them to sign up for a particular deal. The client is then asked to pay a certain amount of money in order to become an "affiliate" and this money is then divided up between the affiliate and the company that is offering the deal.
How does the cashback system work?
This system works because the client has no control over what products he/she chooses to promote but by using their own website and choosing a certain amount of money to spend, they can be assured that a certain percentage of each sale will go to the advertiser.
How does cashback works in practice is usually through the affiliate accepting payment from somewhere else on the internet? The payment in this case is not made directly to the affiliate but instead to the advertiser who pays the affiliate a sum of money to make their advertising job easier. When the affiliate has received this payment they then divide the money back into their own account. If the amount of money paid to the advertiser was a large one then the money-back site would issue a credit to that person. The credit given is generally determined by how much money was spent by the client.
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