Affiliate
Marketing
What is
Affiliate Marketing?
Affiliate marketing is performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s marketing efforts. For example, the company might pay the affiliate a certain percentage of any sale resulting from the customer clicking on the affiliate’s link. Businesses should consider affiliate marketing because it effectively drives traffic to their website and generates leads. It also costs less than advertising, as the company only pays the affiliate when a sale is made. Furthermore, because affiliates are only paid when their marketing efforts produce results, it is an effective way to ensure the business receives a high return on investment. Finally, affiliate marketing offers access to an extensive network of websites, allowing the company to reach a broad audience.
How does affiliate marketing reach new customers?
Affiliate marketing can reach new customers by leveraging a network of website owners, influencers, bloggers, publishers, and other affiliates to promote products or services. Affiliates can acquire new customers using targeted advertising, SEO and content marketing, email campaigns, incentivized offers, and various social media campaigns. Some affiliates also promote their products by offering incentives and discounts to new customers.