AFFILIATE MARKETING THE BASICS August 22, 2020 postman Business What is Affiliate Marketing? Affiliate marketing is defined as the process of earning a commission by promoting the product or service of a company and earn a piece of the profit for each sale that you make. This is a popular tactic to drive sales and generate significant online revenue that both benefit the brands and affiliate marketers. Simply put, affiliate marketing involves referring a product or service by sharing it on social media platforms, websites, or blogs of the affiliates to increase sales by targeting the same audience. The commission rates for these programs vary greatly, depending on the company and the offer. Average-paying affiliate programs offer somewhere between 5% to 30% commission rate per sale. However, with some negotiation, you can discuss with your affiliate manager and increase your payouts so you can boost your bottom line. How to Get Started? The ...
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