What is affiliate marketing?

Affiliate marketing is an advertising model in which a company compensates

third-party publishers to generate traffic or leads to the company’s products
and services. The third-party publishers are affiliates, and the commission fee
incentivizes them to find ways to promote the company.
There are several platforms to earn money through affiliate marketing, some of
them are listed below:
 Your own website or blog.
 Instagram.
 YouTube.
 Twitter.
 Facebook.
 LinkedIn.
 Reddit.
 Email.
 For a business, affiliate marketing offers a much-needed scale without
accessing large advertising budgets. Even one successful affiliate can
bring much more traffic, leads, and sales than a traditional marketing
campaign or even a highly effective online advertising campaign.
Affiliate marketing offers a cost-effective way to promote a brand, and
it’s products across multiple channels while not spending huge sums
without results.The rise of affiliate networks makes it easy for
companies to start, manage, and importantly attract new affiliates to
promote a brand.