What is Affiliate Marketing?

 

What is affiliate marketing?

Affiliate marketing is where you promote another company’s product or service in return for a commission on the sales you generate. Commissions are typically a percentage of the sale price, but can occasionally be a fixed amount.

Why do affiliate marketing?

Here are two reasons why you should consider doing affiliate marketing: 

1. Low-cost and low-risk

Starting a business means incurring upfront costs for products, employees, equipment, rent, and so on. This makes it risky and expensive. With affiliate marketing, all you need is a website. Even if it doesn’t work out, all you’ve wasted is time and a little bit of money.

2. Easy to scale

A typical salesperson only sells products from one company. As an affiliate marketer, you can promote products from many different companies and earn commissions from all of them.