What is Affiliate Marketing?

Answer:
Affiliate marketing is a method of

online marketing. Merchants and affiliates make up an affiliate network and become marketing partners within this network.

Within an affiliate network, merchants are able to have affiliates advertise products for them at a lower cost while also promoting their products to a large audience. Affiliates are usually paid on a commission basis from merchants. These affiliates utilize various websites to host links or banners which, in turn, increase traffic to a number of additional websites. Affiliate programs may promote one group of merchants on an exclusive basis. Other affiliate programs may promote different types of merchants in various areas.

Affiliate programs offer pay per action, pay per sale, pay per lead and pay per click programs that can be promoted on your web site. Affiliate marketing is an extremely popular avenue to promote both products and services.