Affiliate marketing is all about promotion of products and services in exchange for a fee, otherwise referred to as: Commission. It is a kind of symbiotic relationship where by all the parties involved are happy. This is because when affiliates find products or services they like and are passionate about, they market it to others. When those potential customers makes a purchase or performs other action(s) required of them, the affiliate earns a certain percentage of commission from the sales made. The company also benefits because of new sales from customers that they might not have ordinarily been able to reach. The customers are also happy because they learnt about products or services that will hopefully satisfy their desires or needs.
According to Pat Flynn, “The beauty of affiliate marketing is that you don’t have to invest time and effort to create a product to sell. You can begin selling something as an affiliate as soon as you have a platform to sell it on”. Affiliate marketing is also a kind of online business concept that take advantage of systems of automations that allow transactions and income flow, real-time presence is not required. Investment of time to creating valuable products and experiences for your audience is what will guarantee a bountiful harvest. Just know it that it is not an easy task at all.