What is Affiliate Marketing?
Affiliate marketing is an online sales tactic that lets the business increase sales by allowing other websites or blogs to become its affiliates. The affiliates target the potential customers to earn a commission for recommending the merchant’s product to others.
How Affiliate Marketing Works?
Affiliate marketing is based on the revenue-sharing model. The business sells more products by offering promoters a financial incentive through an affiliate program. It makes it possible for affiliates to earn money on product sales without creating their own products. Affiliate marketing involves referring to a product or service by sharing it on a blog, social media platforms, or website. The affiliate earns a commission each time someone purchases through the unique link associated with their recommendation.
Affiliate marketing as a performance-based opportunity can become an important part of the e-commerce business and a significant source of revenue.
Best Affiliate Platforms
Setting up an affiliate or referral program through ShareASale or Commission Junction can get the business a lot of potential customers via affiliate links on different blogs and coupon websites. On the other hand, an affiliate on CJ or ShareASale can earn a commission for recommending the other business to their website visitors.
