What is Affiliate Marketing
Affiliate Marketing is a type of performance-based marketing where a business rewards external partners (called affiliates) for generating traffic, leads, or sales through the affiliate's marketing efforts. In simple terms, affiliates promote a company’s products or services, and they earn a commission whenever their promotion results in a sale or other desired action.
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Key Players:
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Merchant (business selling the product)
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Affiliate (promoter/marketer)
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Consumer (customer buying the product)
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Affiliate Network (sometimes acts as a bridge between merchants and affiliates)
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Example: You share a product link on your blog or Instagram. When someone clicks that link and makes a purchase, you earn a commission.
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