Marketing is the process of selling some products and doing some service to customers. Promoting there branded products by advertising and improving companies sales and another main goal is to find the right customers to approach for sales.
Affiliate Marketing is one of the more popular advertising techniques for online retailers. Affiliate marketing is a commission-based referral partnership, typically between a website owner and an online retailer who wants to promote their product.
website owner puts links or ads on their site that promotes the retailer’s product to the visitors of the site, ideally potential customers for the retailer. In exchange for the promotion, the retailer agrees to share a percentage of the profit with the website owner (or affiliate), if the transaction generates a lead.
Depending on the agreement, affiliates can earn commission each time a visitor clicks the ad, registers for more information, or completes an online purchase, for example. Commissions can vary depending on the nature of the transaction. Retailers generally pay a higher commission for transactions that result in sales as opposed to a page views or completed surveys. Commissions are usually paid as either a percentage of the sale or as flat fixed price.