Affiliate marketing is a popular business model for generating significant online revenue. Extremely beneficial for both brands and affiliated distributors, Compensation is important for everyone.
Some Figures on Affiliation
Thus, there is a 10.1% increase in affiliate marketing spending in the United States each year, which means that by 2020, that number will reach $ 6.8 billion.
In 2018, content marketing costs were estimated at 62% of the costs of traditional marketing programs while simultaneously generating three times more revenue than traditional methods. In fact, 16% of all orders placed online can be attributed to the impact of affiliate marketing.
In March 2017, the Amazon Affiliate Program changed, offering rates of 1 to 10% of product revenue to creators, allowing affiliates to significantly increase their passive income based on their Marketing Tools.
For example, Jason Stone’s affiliate marketing, also known as Mentor Millionaire, has reached $ 7 million in retail sales during the summer of 2017.
Affiliate marketing Definition
Here is the definition of affiliate marketing: This is the process by which an affiliate earns a commission for marketing the products of another person or company. The affiliate simply looks for a product he appreciates, then promotes the product and earns a share of the profits from every sale he makes. Sales are tracked via Links or Affiliate Platforms.