Want To Know What Affiliate Marketing is


Below Is A Well Defined Summary Of What You Need To Know:



Affiliate marketing explained for absolute beginner`s




Definition:

Affiliate marketing is a performance-based marketing strategy where businesses reward affiliates for driving desired actions, such as clicks, leads, or sales, through the affiliate`s promotional efforts.

Example:- Promoting a fitness product on your blog, earning a commission when someone clicks your affiliate link and makes a purchase.




Essential Components:


Affiliates: Individuals or entities promoting products/services.

Merchants or Advertisers: Businesses offering products or services

Affiliate Networks: Intermediaries connecting affiliates with merchants

Tracking and Cookies: Mechanisms to monitor affiliate-generated traffic and sales




Commission Models:


Pay-Per-Sale (PPS): Affiliates earn a commission for each sale

Pay-Per-Click (PPC): Affiliates earn for each click on their affiliate link

Pay-Per-Lead (PPL): Affiliates earn for generating leads or sign-ups



Affiliate Links:


Unique Identifiers: Links with specific codes to track affiliate activity

Example:- www.example.com/product?aff-YourID