What is Affilate marketing?
Affiliate marketing is a process of promoting another persons product and getting a percentage commission on any sale made to a customer that they introduce to the seller. It works well because it allows the seller to reach a wider audience than they can with their own efforts, and the marketer to make money through their marketing skills without developing a product of their own.
Affiliate marketing has been used for a long time in the adult industry. It was in 1996 when Amazon’s affiliate program brought affiliate marketing into the main stream. Because of this Amway and other online suppliers began to adopt the model, the popularity spread so more people began working as affiliates.
It is also not just big companies supplying physical products that have taken advantage of affiliate marketing as a delivery system but also small time entrepreneurs were quick to see the value of a system that allowed hundreds of people to promote their products for them, without paying advertising costs unless a sale was made.
Affiliate marketing is a method of promoting a website, in which an affiliate is rewarded for every visitor, subscriber and/or customer provided through his efforts. It is a modern variation of the practice of paying finder's-fees to individuals who introduce new clients to a business. Compensation may be made based on a certain value for each visit (Pay-per-click), registrant (Pay-per-lead), or a commission for each customer or sale (Pay-per-Sale).
