What Exactly Is Affiliate Marketing?
Affiliate marketing is a marketing process in which a merchant or company approaches other people to advertise their products or services. In this process, the merchant promotes his products to other individuals or websites which are mostly useful for his website or community.
In affiliate marketing, a merchant plays an official role in promoting and advertising products to relevant people or websites. He makes a certain portion of the products available for other people to advertise which he allows them to display on his website. When a user clicks on that ad and buys the product, the merchant receives a percentage commission as a supply bank.
Under this process, the merchant does not spend advertising expenses only for their products, rather they only pay commission to the sellers when there is a sale for their products. It helps in creating an economy for them, as they do not need to spend as per the budget for advertising and selling the products for the respective benefits.