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If I had the choice to build the ideal affiliate program, it would be a collaboration between a statistics-driven incorporation of actual users' content/navigation/text preferences and webmasters' design/promotion skills.
Basically similar to BYOT but about 3 generations advanced.
It should have the following:
dynamic click tracking
dynamic tours-click pairing
context detection
personalized content for users based on click history
Basically, build retention while maximizing webmasters' income but not rewarding webmasters for being complacent.
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