To abbreviate, anybody who is into the virtual world has some idea about affiliate marketing! Just that this jargon appears intriguing.
What's affiliate marketing?
If Affiliate Marketing is a concept you do not have much idea on, or you have not heard it before, this read is for you. 😀 Hope you find it useful! Affiliate marketing for beginner is simplified in this blog! Put in simple words: affiliate marketing is a popular way of marketing where a marketer affiliates (associates/ partners) with other online businesses or individual bloggers.
Here is Affiliate marketing simplified:
I am a marketer, I have a service to sell. I will associate myself with a blogger who writes blogs. Furthermore, I will have a simple expectation from the blogger, he or she will just embed my service link somewhere in the blog in a very subtle, or direct way depending upon their mutual understanding. The idea of affiliate marketing for websites is to redirect the readers of the given blog to my territory! The probability of having visitors on my website, clicking on the services in the offing becomes high vis-à-vis not having put any effort in this scope!
There are affiliations of two types, one as talked above, that is through Bloggers and the other is the websites. One can go either or both ways! Now, the big question you may be getting in your mind is, “do we have to pay for this association?” May or may not — until that click converts into a purchase!
It all depends on the terms the two parties agree upon, anyway, it's a win-win situation for both parties. Usually, there is a commission for the affiliate out of every item sold.