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Affiliate marketing is an advertising model in which a company compensates third party publishers to generate traffic or leads to the company s products and services.
What is affiliate marketing definition. The main goal of affiliate marketing is for website owners to reach new markets. Affiliate marketing works in the following way. It s defined as a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals. The third party publishers are.
The affiliate promotes the product of an entrepreneur company in exchange for a commission for each sale or action carried out. The other website gets a commission for sales or traffic that it generates from its referrals. Despite appearing a novelty this business model emerged in the 1990s when amazon the us giant in the retail segment began making the. Affiliate marketing is a marketing arrangement in which the online retailer pays commission to another website.
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