Affiliate Marketing holds huge benefits for eCommerce store owners to promote their products and services. This is one of the few strategies that comprise extremely low risk and high rewards. 

In affiliate marketing, you only need to pay to affiliates when they convert customers, not for driving them into your website. This is a popular strategy that many big brands are following to drive sales and generate significant online revenue. Notably beneficial to both brands and affiliate marketers. 

“As of 2016, 81% of brands and 84% of publishers leverage Affiliate Marketing”.

If you have not considered affiliate marketing yet, it’s time to consider taking the benefit of this profitable revenue stream. In this guide, you’ll learn how to get started with affiliate marketing but before discussing anything, let’s discuss What Is Affiliate Marketing?

What Is Affiliate Marketing?

Affiliate marketing is an online selling strategy that lets a store owner increase sales by allowing Affiliate to promote their product and services to the same audience. In this process, “Affiliate” earns a commission by recommending the product to others. Additionally, it makes it feasible for affiliates to earn money on product sales without buying for their own.

In simple words, in Affiliate marketing, Affiliates promote a product or service by sharing it on their blog, social media platforms, or website. When a shopper buys the product through the unique link associated with their recommendation, the affiliate earns a commission.

Affiliate Marketing Work

Image source: Monsterinsights

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