A popular definition of affiliate marketing is
“Affiliate marketing is a relationship between a merchant and a publisher. Merchant who allows you to link to that business. When a visitor clicks on the link at your site and subsequently makes a purchase from the merchant, you receive a commission based on the amount of the sale, a referral fee or a pay-for-click fee”
So what is affiliate marketing?
The merchant may be selling a product eg DVDs or e books, or they may be trying to sign on clients eg a bank.
The merchant pays you a commission once the visitor has completed the desired action eg bought a product or completed a registration form. This commission attracts people towards affiliate marketing
The merchant knows that the visitor is from you because you link to the merchant’s site through a special affiliate link. This link is unique to you and you alone. This link is also called affiliate marketing link
Other affiliates will have there own special affiliate link which is different from yours.
Although different persons doing affiliate marketing for the same product have different, unique affiliate links, all these links point to the same website, the merchant’s website.
The affiliate aims simply to drive as much targetted traffic as possible to his/her own unique affiliate link
The beauty of
, once your site is up and running, you can continue to earn money from it whether you are in bed, on holiday or sleeping.
This is called passive income.
It is passive because after the initial effort of researching your chosen market, building a website and setting up your campaign, you can continue to earn from this with very minimal day to day input in your campaign.
To learn more about affiliate marketing in detail click here