Affiliate marketing is shaping the digital marketing scenario. However, if you are a newbie then you might ask the same question, what is Affiliate marketing? To answer that, it is the process in which an affiliate agent or affiliates earns a fee or commission for selling another person’s or company’s products.
The job of the affiliate is to bring the products accessible for its audience via funnels. If a sale of product is made via his/her reference then the affiliates earn a piece of the profit from each conversion.
How Does Affiliate Marketing Work?
Affiliate marketing can be compared to traditional sales, however, it requires no door-to-door sales as compared to the traditional market. But it involves customers, companies, and affiliates or affiliate marketers.
2. The publisher.
3. The customers.
How Do Affiliate Marketers Get Paid?
Pay per sale.
Pay per click.
Pay per lead.
This method is also known as CPA, it works on the fact that affiliates based on the number of leads they are able to provide. The affiliate must have enough skills to convince the customer to visit the merchant’s website and complete anyone of the desired action such as filling up the contact form, signing up for product review, subscribing to a newsletter or downloads software or files.