What is affiliated marketing?

Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts. The affiliate earns a commission for each sale or lead generated through their referral link. This form of marketing is commonly used by online businesses to drive traffic and sales.

Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts.

How it works:

1. A business (the merchant) partners with individuals or companies (the affiliates).
2. Affiliates promote the merchant's products or services through their own websites, social media, or other channels.
3. The merchant provides a unique affiliate link to each affiliate.
4. When someone clicks on the affiliate link and makes a purchase, the affiliate earns a commission.

Benefits of affiliate marketing:

For merchants:
- Cost-effective way to reach new customers
- Ability to tap into the expertise and reach of established affiliates
- Performance-based, so only pay for results

For affiliates:
- Opportunity to earn commissions on sales without having their own products
- Choice of products or services to promote
- Flexibility to work from anywhere

Types of affiliate programs:
- Pay-per-sale: Affiliates earn a commission for every sale made through their link.
- Pay-per-lead: Affiliates earn a commission for every qualified lead (e.g., person who signs up for a newsletter).
- Pay-per-click: Affiliates earn a commission for every visitor who clicks on their link.

Examples of affiliate marketing:
- Bloggers promoting products relevant to their niche
- Influencers sharing products they use on social media
- Email marketers sending out newsletters with affiliate links
- Website owners displaying banner ads or product reviews