Let us start with the simple definition for the term Affiliate. It can be a company or a corporate that is generally called an affiliate of other when it is related to another. It generally has a subsidiary kind of relation but does not control the company. It is a process which continously tries to know and satisfy the consumer needs.
Affiliate Marketing is the hottest buzz in the business world and it reached peaks with the evolution of internet usage. Affiliate marketing is revenue sharing advertising between two websites. The affiliate website will display an online advertisement of another website. Internet traffic from the affiliate site will be driven to the other website. The affiliate is compensated for displaying the advertisement.
In simple words, Affiliate Marketing is a system of advertising, in which site A agrees to feature buttons from site B, and site A gets a percentage of any sales generated for site B.This is a kind of deal which benifts both the websites and it soon became a good advertising method to try for many webmasters.
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