What is affiliate marketing?

Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each customer brought about by the affiliate's marketing efforts. In simpler terms, it is a way for businesses to generate sales and leads by partnering with other individuals or companies who promote their products or services.

Affiliates typically promote the business's products or services through their own websites, social media platforms, email lists, or other channels. When a customer clicks on the affiliate's unique affiliate link and makes a purchase, the affiliate earns a commission on the sale. The commission rate and terms of the partnership are usually agreed upon in advance between the business and the affiliate.

Affiliate marketing is a popular way for businesses to expand their customer base and for affiliates to earn passive income by promoting products they believe in.