Explain Affiliate Marketing?
Affiliate Marketing is derived from the concept of revenue sharing. Here the affiliate partner advertises a product or service on his website/ blog for some percentage of profit.
This type of marketing is also known as performance -based marketing.
Affiliate marketing is also known as performance based marketing. It is one of the important channels of digital marketing. It is useful when you want to reach a more global audience.
It involves the business owner and one or more website or affiliates website owner. In exchange for a percentage of profits the affiliate website owner place advertisement of the business owner’s product or service on his own website.