Affiliate Marketing What Is
Affiliate marketing is the process by which an affiliate earns a commission for marketing another person s or company s products.
Affiliate marketing what is. Affiliate marketing is a process in which one party earns a commission from marketing another company s products. Affiliate marketing predates the internet but it is the world of digital marketing analytics and cookies that have made it a billion dollar industry a. Affiliate marketing works in the following way. With this method you recommend that others join affiliate programs and you receive a commission when a sub affiliate makes a sale similar to mlm or multi level marketing.
The two forms of marketing are differentiated however in how they drive sales where affiliate marketing relies purely on financial motivations while referral marketing relies more on trust and. Affiliate marketing refers to performance based marketing where affiliates earn commissions for driving traffic and generating revenue for a company. Affiliate marketing is the process of earning a commission by promoting other people s or company s products. 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.
Despite appearing a novelty this business model emerged in the 1990s when amazon the us giant in the retail segment began making the service available to anyone who. This is a great way of making money from an affiliate program. The practice has been around for almost as long as the internet. You help to make a sale the company rewards you.
The affiliate simply searches for a product they enjoy then promotes that product and earns a piece of the profit from each sale they make. But the increasing prominence of digital solutions has made it ubiquitous. When someone buys through your affiliate link you get a commission. The affiliate promotes the product of an entrepreneur company in exchange for a commission for each sale or action carried out.
Affiliate marketing is when you promote other companies products. Affiliate marketing is commonly confused with referral marketing as both forms of marketing use third parties to drive sales to the retailer. The best thing about affiliate marketing is that you can do it at scale.