Affiliate marketing means you promote a product or a service of a company and if it makes a sale you’ll be able to have a portion of the profit earned by the company.
Let’s say there is a company which sells fitness equipment through their website, they need to make more sales by giving promotions through affiliate marketers. Then they will create an affiliate program which consists of affiliate accounts for marketers.
Inside an affiliate account there are customizable website links called promotion URLs, inside those URLs there is a tracking code for each affiliate marketer.
If you promote your affiliate link on a website you own or via any other online advertising program such as adwords, Microsoft advertising and if sales are generated through your affiliate link, you’ll get a percentage of the sale price of that product.
They will pay you using Paypal, Payoneer, Bank wire or using other payment methods.
Here are some affiliate networks:
Common sense about online marketing.
Way to Monetize:
After a promoted product is sold, you’ll get a percentage of the sale price.