What Is Affiliate Marketing?

 

Affiliate Marketing

Affiliate marketing is a form of referral program where you get paid for referring products. If a user purchases a product from your referral, you receive a commission. This commission varies based on the product or service you’re promoting.

Unlike other ad types that pay based on clicks or views, affiliate marketing works on a CPA (cost-per-acquisition), or CPL (cost-per-lead) basis. This means that you’ll earn a commission only when someone takes an action, like purchasing a product or signing up for a free trial, etc.

After selecting a product, you can get an affiliate / referral link and promote the product through that link on your site.

Who Is Affiliate Marketing Best for?

Whether you’re an absolute beginner or a six-figure blogger, affiliate marketing would be the best monetization strategy for you alike.

Unlike advertising, the best thing about affiliate marketing is that you can start monetizing your site from day 1. Since affiliate links are naturally integrated into your content, your site wouldn’t look amateurish.

Plus, you can make a decent income even if you don’t have a massive amount of traffic on your site. However, you’ll need to make sure that your website is attracting the RIGHT traffic that actually wants to read your product recommendations.