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What Is Affiliate Marketing?
Affiliate marketing is a term that has become synonymous with online advertising. It refers to a marketing strategy in which a business pays its affiliates or referral partners for each sale they make.
Affiliate marketing means that you accept payments from other people who want to sell your product or service and then share some of those profits with you. When someone signs up for an affiliate account with your company, they are paying you a small percentage of their purchase price. This is called “affiliate payments” or “referral payments”. Your job is to promote their products through advertising on your site or through social media channels like Facebook and Twitter. In return for promoting their products, they pay you a commission on every sale that comes from the referral.