Affiliate marketings is based on the concept that the affiliate promotes another person’s or company’s products or services and earns a commission for it. All sales are tracked via affiliate links and the affiliate takes a percentage of the profit from each sale from their website, blog, social media, app, etc.
How does Affiliate Marketings work?
There are three main elements to affiliate marketings. First, the seller, an individual or a company who creates the product or service and might be involved or not in marketing it. Second, the affiliate, a person or an enterprise who promotes the product to their audience and gets a share of the retail price.
Is Affiliate marketings worth the effort?
The short answer is ‘Yes, absolutely!’. It can bring big rewards but it certainly needs an investment of time and effort. As an affiliate, it is important to focus on a category you understand and can focus on. Then, define a highly targeted and ready-to-buy audience and attract them with the right keywords.
What is an affiliate?
The term affiliate defines two very distinct business concepts. In Corporate and Tax Law, an ‘affiliate’ is a company connected to another company as a subsidiary or a member. In the context of online commerce and marketing, an affiliate is a company, or an individual, who sells or markets the products or services of another company.
