Affiliate Marketing Site Meaning
Consumer clicks on brand s promotion on the affiliate s site and a cookie is then stored on the consumer s browser see the next section below for more on cookies.
Affiliate marketing site meaning. Affiliate partner promotes a brand s products or services on their site. There is a 10 1 increase in affiliate marketing spending in the united states each year meaning that by 2020 that number will reach 6 8 billion. Despite appearing a novelty this business model emerged in the 1990s. Understanding affiliate 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. This is what makes it possible for the affiliate network or saas platform to track the consumer s progress from the affiliate s website through to. This party called the affiliate searches for a brand partner promotes their products on their social media accounts blog or other platforms and then makes a profit from each sale. Affiliate marketing is a process in which one party earns a commission from marketing another company s products.
Affiliate marketing works in the following way. The industry has four core players. The affiliate promotes the product of an entrepreneur company in exchange for a commission for each sale or action carried out.