The first question you may ask your self is, what is affiliate marketing and how can it be good for my business?
Affiliate marketing is a form of advertising in which the advertiser only pays the publisher when there are measurable results for each visitor or customer brought by the affiliate’s own marketing efforts.
There are 3 parts involved:
The advertiser or merchant selling a product and ready to pay other people to sell and promote their business.
The publisher promotes an advertiser’s product or service in exchange for earning a commission.
The consumer that sees the product on publisher website and actually buys the product.
To connect all parts and administrate the click, sells and to set up the these functions, there are several websites you can sign in too. Or some advertisers/merchants offer their own affiliate program.
Although affiliate marketing maybe still be unknown to the general public, increasingly it is being used by manufacturers, looking for a cheaper way to promote their products or services, and this type of advertising, undoubtedly, is a financial outlay much lower than advertising campaigns. There are many different prices, which makes this service affordable for all budgets.