Advice on creating tailor-made terms in the affiliate affiliate agreement template should also provide insight into the initial and current responsibilities of the Affiliate and the company. For example, is the Affiliate responsible for maintaining a certain degree of trust in the brand and the way they write or present the company? Are they responsible for reporting certain performance ratios to the company? Is the company itself responsible for providing affiliates with ongoing support, resources, or performance metrics to help them succeed? These are all things that should be taken into consideration before creating a partnership program, but once it is decided, it will be useful to describe it clearly in the agreement itself. Affiliate agreements are if another party sells products on behalf of another company. Affiliate marketing is a very common practice in which a site hosts a product only to get a percentage of the total sale price. An affiliate agreement will serve as the basis for a productive and profitable relationship. An affiliate agreement cannot usually be used if there is only one general affiliation open to all. You should create an affiliate agreement to protect both parties in the transaction and clearly state what will happen in different circumstances. Many companies have a marketing site or other document that describes key terms such as compensation structure in affiliate program participation requirements in one place. If the company introduces new products or services that are not initially covered by the partnership agreement, it may include in the agreement a clause allowing it to update the agreement to include adequate remuneration and consideration for those new products. .