Will anyone not be interested in making money just by referrals.
Affiliate marketing is all generating revenue just by share the info in your website or webpages.
What is Affiliate Marketing?
Affiliate marketing is the showcasing of products or links which an online retailer or website pays commission to an external site for traffic or deals created from its referrals. Affiliate marketing is measured based on the performance of the shared product or link that converts as a transaction.
Affiliates go about writing a post on a product in the market which helps the prospects, looking for the particular product, make a decision to purchase. In turn the referral website get a commission paid for this reference. This is not only restricted to a written post it can also be display ad or just a link that is place in a page that fetches high traffic.
Another flavour is to offer coupons for a purchases or some actions take on a website. Affiliate marketing is generally adopted by the B2C market which is more beneficial to them. This does not ignore the B2B marketers to adopt Affiliate marketing techniques but the scope for B2B is quite challenging and can be used effectively with proper execution.