What is Affiliate Marketing

 

Affiliate marketing is a type of performance based marketing in which a business awards one or more affiliates for each visitor or customer brought by the affiliates own marketing effort. This means that you are doing business but some other is attached with your business and doing marketing and advertising your product and services on behalf of you and he is earning a profit for each customer he gets for your product or service.

We can also say that affiliate marketing is a process where publishers earn commission by promoting and advertising a product or service made by another retailer or business. That affiliate partner is rewarded a payout for providing a specific result to the retailer or advertiser. Means if you give customers or consumers to a business then you will also earn profit.

Affiliate marketing is basically outsourcing your business marketing process to other people or company to advertise your product or service and if they give customers to your product or service then they also earn a decent amount of profit from this kind of Marketing. This is also the easiest way of marketing and advertising your product.

Affiliate Marketing can also be done by selling your product at a very popular brand and whenever they sell one of your products or service you give them a decent amount of profit. It can be done through social media or you hire a famous person or celebrity for this program to advertise your product on social media and earn profit from that.