What is an Affiliate Program?
An affiliate program is a marketing strategy where a company partners with individuals or other businesses (affiliates) to promote its products or services. Affiliates earn a commission for each sale or action (like a sign-up) that they generate through their promotional efforts.
Here's a simple breakdown of how it works:
1
Affiliate Joins the Program
An individual or business signs up for the company's affiliate program.
2
Promotion
The affiliate promotes the company's products or services through various channels such as websites, blogs, social media, or email.
3
Tracking
Unique affiliate links or codes are used to track the traffic or sales generated by the affiliate.
4
Commission
The affiliate earns a commission for each sale or action completed through their promotional efforts.
Affiliate programs are popular because they allow companies to expand their reach and sales without upfront advertising costs, while affiliates can earn money by promoting products they believe in.
