What is Affiliate Marketing | Definition
Affiliate marketing is a way or method for Merchants to create an online network of Affiliates to promote their goods on a pay-for-performance basis. The Affiliate displays text links or banners on its websites. Revenue sharing between online advertisers and online publishers, whereby compensation is based on performance measurement, typically in the form of sales, clicks, registrations, leads, a hybrid model, or sales generated. Affiliates or Publisher are website owners that wish to generate income from the traffic to their websites. Affiliate Program Marketer offers website owners a ready-made base of hundreds of advertisers (merchants). Affiliates or Publisher carry banners, buttons & text links promoting the merchants and earn commissions based on the results generated by the advertising.
The following definition quoted by wikipedia:-
Affiliate marketing is an Internet-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s marketing efforts. Affiliate marketing is also the name of the industry where a number of different types of companies and individuals are performing this form of Internet marketing, including affiliate networks, affiliate management companies, and in-house affiliate managers, specialized third party vendors, and various types of affiliates/publishers who promote the products and services of their partners.
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August 13th, 2008 at 11:01 pm
[...] Affiliate Marketing is considered as one of the easiest ways to make money online. What you need to do is to convince the online visitors to buy the product from you over your competition. The followings are some tips to become successful affiliate marketer in this business. [...]