Affiliate Marketing is an Arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals. It is one of the oldest forms of marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission. The commission always varies on what product you are promoting. You might be wondering how companies track the record of who is sending the traffic and making the sales, the simple answer is with a tracking URL (a unique link given to you by the affiliate company or product company). whenever you are writing about their product, you can simply use this special tracking affiliate link to recommend the company’s site can simply sign up for the program and get your unique tracking link Many online companies who sell products such as shoes, web-hosting spaces, or some other service, usually offer an affiliate program.
Therefore, affiliate marketing can be seen as the process of spreading product creation and product marketing across different parties, where each party receives a share of the revenue, according to their contribution. The idea behind it is to promote other people’s products, often through an affiliate network. Affiliate Marketing is based on revenue sharing.