What is Affiliate Marketing ?
Its a question that I get asked quite often on various forums which arent affiliate related such as general business ones and on msn from people who are interested in what I do and what it involves. I’ve had a quick play in photoshop and come up with the following diagram to help explain.
Explanation - Affiliate Marketing is a method of promoting a website, in which an affiliate is rewarded for every visitor, subscriber and/or customer provided through his/hers efforts. Payment can be per visit (Pay-per-click), registrant (Pay-per-lead), or a commission for each customer or sale (Pay-per-Sale).
Its similar to methods that businesses use such as gyms where by refering your friend to join you get paid £20.
For more info read: http://en.wikipedia.org/wiki/Affiliate_marketing