Affiliate Marketing 101: The Ins and Outs
Affiliate marketing is a performance based marketing strategy where a third party, like a blogger, YouTubers, or social media influencer, promotes a company's products or services in exchange for a reward. Most often, that reward comes as a commission for every sale or lead they help generate. For businesses, working with affiliates helps reach goals such as: - Boosting sales - Driving more website traffic - Increasing brand visibility - Reaching new audiences One of the biggest advantages of affiliate marketing is its cost-effectiveness. Companies typically pay only for actual results, such as confirmed sales or sign-ups, making it a relatively low-risk marketing channel compared to traditional advertising. Compensation for affiliates can take several ...