Affiliate programs are undoubtedly one of the most powerful systems of business available today. When they first appeared, they were a stunning example of how the powerful traditional strategy of joint-venture marketing, when combined with the power of the internet, created an entire new industry that solved the biggest problems faced by webmasters and web merchants.
For webmasters who specialized in creating valuable web content and building web traffic, the problem was how to effectively convert their traffic into a viable source of revenue.
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