What is an Affiliate Marketing?
Affiliate marketing is a way of getting a commission by promoting other’s products. You see a product you like, endorse it to others and get a piece of the profit for every sale that you make.
This article will explain how it works. When it comes down to genuine marketing, there are a couple of sides of an affiliate calculation. The affiliate marketer and the product maker.
Thus, affiliate marketing can be thought of as the method of spreading product marketing and product making between various parties in which every party gets a share of the profits based on their contribution.
It’s not just the product creation or endorsing that defines who you are as an affiliate marketer.
You can be both the marketer and creator and yet still make a profit from the fundamental idea of distribution revenue.
The Merchant: Also known as the seller, the retailer, the vendor, or the retailer. This is the group that makes the product. It can be a big company, like Shark that makes vacuum cleaners.
Or, it can be a single individual like Suzi Orman, who sells online courses about finances.
From startups to entrepreneurs, anybody can be a vendor with an affiliate marketing program. They don’t even have to be directly connected. They just have to have to sell a product.
The Affiliate: This group is sometimes called the commissioner. Affiliates can also be individual folks to entire businesses. An affiliate marketing company can make a nice amount of cash in commissions every month or millions of dollars every month.
This is the point where the marketing occurs. An affiliate endorses one or many affiliate products and attempts to entice and persuade potential customer. Interested in affiliate marketing? There’s no better time than the present.