In simple words we can say that “earning commission by promoting or selling others products” You chose a product, promote it and sale it. On every successful you will get commission.
How Do Affiliate Marketers Get Paid?
Affiliate marketer gets paid in any of following ways.
Pay per sale
On every successful sale merchant is going to pay marketer a commission. For example an affiliate marketer sells a T-shirt in $30. Let’s suppose he gets $7 as commission. This $7 is earning which he is going to earn on every successful done through his affiliate link.
Pay per lead
Some affiliate marketing platforms pay their marketers on the basis of lead, which is also called lead generation. Lead can be a website visit or contact information, email address, mobile number. Through these leads an organization targets their customers for selling their products.
Pay per click
This is very simple process an affiliate marketer will get paid if any customer visits a website (store) from clicking at link or ad on affiliate marketers content or video. Affiliate marketer gets paid for increasing web traffic.
The Benefits of Affiliate Marketing
For brands affiliate marketing is very important as it brings a huge traffic on website in a very low cost. In other words products of a brand are promoted in a very little investment.
Brand awareness is another benefit that can be obtained through affiliate marketing. It allows new companies – small or large – to grow their brand awareness by increasing the audience base, acquiring customers who have not previously heard about them.