Affiliate Marketing is a performance-based marketing strategy in which businesses pay affiliates (publishers or influencers) a commission for sending visitors or sales their way via affiliate links.
Affiliates promote products or services on platforms such as websites, blogs, and social media and can earn commissions when successful referrals or sales occur – creating an arrangement in which businesses reach a wider audience while affiliates gain passive income by promoting products they believe in – it’s a win-win scenario!
Effective affiliate marketing requires finding suitable partners, setting commission rates competitive enough, and closely monitoring affiliate performance to ensure success!
