WHAT IS AFFILIATE MARKETING?
Affiliate marketing is a marketing process in which an affiliate earns a commission for marketing another marketer/brand’s products/services. The affiliate promotes a product and earns a segment of the profit from each sale. These sales are tracked through affiliate links from one website to another.
There are 3 parties that take part in Affiliate marketing:
- Brand/Seller/ product creators
- The affiliate/advertiser
- Consumers
WHAT MAKES AFFILIATE MARKETING SO IMPORTANT?
Affiliate marketing is important because of the many advantages it provides such as:
1.It is performance-based. The affiliates are motivated to drive the desired conversion because they get paid only after they accomplish the task.
2.Whether you’re aiming to break into the retail industry or into something more niche, affiliates will help you broaden your audience in a short amount of time.
3.Affiliate marketing is highly cost-effective
4.Affiliates can scale your traffic and sales quite rapidly.
5.Affiliate marketing can go a long way to boost your business’ reputation.
Contact us in case you are looking for a one-stop information platform on affiliates and influencers. We will help you pick those whose experience is aligned with your niche.