Online affiliate marketing is a performance-based marketing strategy where individuals or businesses (called affiliates) earn a commission by promoting other companies’ products or services through unique affiliate links. When someone clicks on the affiliate's link and makes a purchase or completes a specific action (like signing up or filling a form), the affiliate earns a pre-agreed commission.
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Join an Affiliate Program: Affiliates sign up with an affiliate network or directly with a company’s affiliate program.
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Get Unique Affiliate Links: After approval, affiliates receive tracking links tied to their account.
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Promote Products/Services: Affiliates promote these links through blogs, websites, social media, email marketing, YouTube, or PPC ads.
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Track Performance: Cookies and analytics tools track every click, lead, or sale.
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Earn Commissions: Based on the defined payout structure (CPS, CPL, CPA, CPC), affiliates receive payments, often monthly or bi-weekly.