In the digital age, individuals and businesses alike are constantly seeking ways to maximise their online earning potential. One of the most popular and effective strategies to achieve this is through affiliate marketing. This business model, which leverages the power of partnership and performance-based commission, has become a go-to for content creators, influencers, and entrepreneurs. If done correctly, affiliate marketing can significantly boost your online income with relatively low investment.
1.What is Affiliate Marketing?
Affiliate marketing is a performance-based marketing strategy where an individual (the affiliate) earns a commission by promoting another company's product or service. Essentially, it involves recommending products to an audience via blogs, social media, or websites, and earning a percentage of the sales made through your unique affiliate links. The more sales you generate, the higher your earnings.