In today's article we will talk about What is Affiliate Marketing and How Does it Work. So, first of all you have to know about affiliate marketing.
What is Affiliate Marketing
Affiliate marketing is marketing in which you have to sell products from another company, and in return that company gives you some percent commission on the price of that product.
According to the definition:
Affiliate Marketing is a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.
How Affiliate Marketing Works
Every product that is sold by affiliate marketing passes through 3 people:
- The Merchant
- The Affiliate
- The Consumer
1. The Merchant:
The merchant gets his product marketed to sell, for which he assigns this to the affiliate.
2. The Affiliate:
Affiliate does the marketing of the product given by the merchant so that he can sell the product to as many people as possible.
3. The Consumer:
The consumer is for purchase the product that uses the product.
The affiliate gets some percentage of the price of every product purchased by the consumer as a commission.
Conclusion
Anyone can join affiliate marketing and earn a lot of money sitting at home. To do affiliate marketing, we have to join affiliate programs of companies like Amazon, Flipkart or Clickbank.
After joining the affiliate program, we can select the product of your choice and generate affiliate links.
We have to promote that affiliate link more and more because we have to sell as many products as possible through that link.
The more products we sell, the more money we will get because we get some percentage of the price of each product as a commission.
So hope you understand how affiliate marketing works. If you have any doubt about affiliate marketing, then you can ask us by commenting, we will reply to your comment as soon as possible.
Thank You :)
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