L16-DM-Affiliate Marketing

Affiliate marketing is a performance-based marketing strategy where businesses reward affiliates for driving traffic or sales to their website through the affiliate's marketing efforts. Affiliates promote products or services through various channels, such as blogs, social media, and email marketing, earning commissions for successful referrals. This model allows businesses to expand their reach and increase sales without significant upfront costs, while affiliates benefit from earning passive income.

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