Affiliate

Affiliate marketing is a form of online marketing that involves promoting products or services from another company and earning commissions on sales or referrals made through your unique affiliate link.

Key Players
1. *Merchant*: The company that creates the product or service.
2. *Affiliate*: The individual or business that promotes the product or service.
3. *Affiliate network*: A platform that connects merchants with affiliates.

How it Works
1. *Affiliate joins a program*: The affiliate joins an affiliate program or network.
2. *Affiliate promotes products*: The affiliate promotes the merchant's products or services.
3. *Customer clicks affiliate link*: A customer clicks the affiliate's unique link.
4. *Customer makes a purchase*: The customer buys the product or service.
5. *Affiliate earns a commission*: The affiliate earns a commission on the sale.

Benefits
1. *Low startup costs*: Starting an affiliate marketing business requires little to no initial investment.
2. *Passive income*: Affiliates can earn passive income through sales and referrals.
3. *Flexibility*: Affiliate marketing can be done from anywhere with an internet connection.

Common Affiliate Programs
1. *Amazon Associates*: One of the largest and most popular affiliate programs.
2. *ShareASale*: A network that connects affiliates with thousands of merchants.
3. *Commission Junction*: A well-established affiliate network with a wide range of merchants.