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How to Start a Business. (What is Affiliate Marketing?)

Author
V Kelly B
Published
Wed 04 Aug 2021
Episode Link
None

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Affiliate marketing is the process of earning money (commissions) every time you promote a company’s products or services and drive a sale. You only get paid every time you drive a sale, just like a commission-only sales representative.

Passive income.

That’s the dream, right?

Make money while you sleep.

For 99% of people, affiliate marketing is how they get started.

The idea behind it is that you promote other people’s products, often through an affiliate network, earning a commission if people actually end up buying thanks to your marketing.

It’s based on revenue sharing. If you have a product and want to sell more, you can offer promoters a financial incentive through an affiliate program. If you have no product and want to make money, then you can promote a product that you feel has value and earn an income from it as an affiliate marketer.

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