Affiliate marketing is a type of online marketing in which a business rewards affiliates (partners) for driving traffic or sales to its products or services. In affiliate marketing, the business provides a unique affiliate link or code to the affiliate, which they can share with their audience through various marketing channels, such as social media, email, blogs, or websites.
When someone clicks on the affiliate link or uses the affiliate code to purchase a product or service, the affiliate earns a commission from the sale. The commission can be a fixed amount or a percentage of the sale value, depending on the agreement between the business and the affiliate.
Affiliate marketing is popular among businesses as it provides a cost-effective way to reach a wider audience and increase sales. For affiliates, it provides an opportunity to monetize their online presence and earn income through commissions.
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