What is Affiliate Marketing?
Let's break down what is affiliate marketing by definition. "In electronic commerce, means of achieving greater market penetration through websites who target specific groups of internet users. For example, Amazon.com (which sells books, electronics, pharmaceuticals, toys, and many other items) has thousands of affiliated interest specific websites from where the visitors can reach products offered by Amazon. The entire sales transaction takes place at Amazon's website which is equipped to handle the complete online payment acceptance process. Amazon passes on a percentage of the sold item's price as commission to the affiliate website from where the sale originated."
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It means that you are part of the company kind of like an employee and that you promote their product or render their service to customers in which you make a commission or a sale from the company.
Being an affiliate, is meant to be apart of just, like being in a gang, you are affiliated with it. And in this case, you are marketing the product or service, pushing it to those that want it. Which ties together being part of the company which you use their products or service to provide to the customer therefore you make money from it. The company that you are promoting for is the manufacturer or another word is advertiser and you are also called the publisher. Publisher and affiliate is the same thing, different word that's all.
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Posted in Law Post Date 02/01/2017