The definition of Affiliate Marketing:
A system of advertising / selling products or services whereby compensation is based on performance measures, typically in the form of sales, clicks, registrations, or a hybrid model. It is popular because of its “pay for performance”
In one sentence Where a third party advertises products or services on behalf of a retailer in return for an agreed commission for a sale or lead.
The definition of Affiliate program:
An automated marketing program where a Web advertiser or merchant recruits webmasters to place the merchant’s banner ads or buttons on their own Web site. Webmasters will receive a referral fee or commission from sales when the customer has clicked the affiliate link to get to the merchant’s Web site Web site to perform the desired action, usually make a purchase or fill out a contact form. The most common types of affiliate programs include pay, pay-per-lead, and pay-per-sale
On a basic level, affiliate marketing sounds easy. All you have to do is put up a website, recommend a product and get paid when somebody buys through your link. Sounds simple – right?!
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