What Is Affiliate Marketing?

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bangalorewebguru

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What Is Affiliate Marketing?
« on: August 10, 2017, 12:26:49 PM »
 What Is Affiliate Marketing?

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Dina44

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Re: What Is Affiliate Marketing?
« Reply #1 on: August 10, 2017, 01:39:06 PM »
Affiliate marketing is one of the oldest forms of marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission.

This commission varies from $1 to $10,000 depending on what product you are promoting.
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Jeffscott

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Re: What Is Affiliate Marketing?
« Reply #2 on: November 07, 2017, 10:17:22 PM »
An old method but still one of the most effective strategy in marketing today wherein you will also be a part of the company's success and conversion.
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jack89

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Re: What Is Affiliate Marketing?
« Reply #3 on: November 13, 2017, 03:24:45 AM »
Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts.



Benefits Of Affiliate Marketing

1. Performance-Based

The main advantage of having an affiliate program is that it is entirely performance-based. Because affiliates are only paid a commission once the desired action has taken place, they’re more motivated to drive the conversion you’re looking for. This mitigates any efforts that drive traffic with little to no value to your company while also ensuring that you get what you pay for.

2. Broader Marketing Efforts

Affiliates can be found in every market and product category that exists today. Whether you’re looking to break into the retail industry or for something more niche like handcrafted vintage toys, there will always be relevant websites to align with. The great news is that many of these affiliates will already have an established visitor base. These partnerships grant the opportunity to expand out into new markets that you might not otherwise have had the bandwidth to explore or to further saturate your existing target markets, giving your brand a much stronger online presence. Think of these partners as an extension of your current marketing or sales team.

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