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What is Affiliate Marketing?
Affiliate marketing is simply when individuals like you and me promote other people's products and earn a commission for every sale made as a result of your promotion. The promoters are better known as affiliates and the owner's of the products are usually referred to as vendors or sellers. Affiliates are provided with a unique link containing their own tracking code which links to the vendor's website. When people click or visit this link and make a purchase at the website, a portion of the sale will go to the affiliate. The amount depends on what the vendor has previously stated. This amount is usually stated as a percentage but may sometimes be a dollar amount. Affiliates may generally promote their link as they like, either online or offline. Affiliate marketing is a win-win situation for both vendor and affiliate. Vendors do not have to worry about advertising costs as affiliates can do all the promotion for them. Affiliates can either promote companies for free or pay for advertisements at various outlets.