What does Affiliate Marketing mean?
Affiliate Marketing is a performance-based marketing strategy where individuals or businesses earn a commission by promoting someone else’s products or services. Affiliates place ads, share links, or create content that encourages people to buy products through a unique affiliate link. When a purchase is made through the link, the affiliate earns a percentage of the sale. It’s a popular way to monetize websites, blogs, and social media platforms.
Example:A blogger writes a review of a skincare product and includes an affiliate link, earning a commission on any sales made through the link.
Example: An online influencer uses affiliate marketing to promote fashion items, earning a percentage of the revenue from purchases made through their links.
Did you know?
Affiliate marketing is responsible for driving approximately 16% of all online orders worldwide, making it a major driver of e-commerce!
