Definition: in eCommerce, is a form of marketing that comprises methods allowing a business to gain more in-depth market penetration by collaborating with websites aimed at specific Internet users groups. This marketing approach is beneficial for both parties, as a company can acquire new customers, while the affiliate website owners are being compensated for their service with commission fees. The prime example of effectively using affiliate marketing is Amazon.com that has thousands of affiliated websites dedicated to a specific area of interest, with all of them directing visitors to Amazon.
In a Sentence:
There’s always an option of paying an affiliate marketing organization to find new clients for you. I’ve heard that it’s one of the quickest ways to help your business evolve.
Using affiliate marketing is a popular trend occurring on the Web, with thousands of companies attempting to widen their customer base by collaborating with other websites and blogs.
All-In Supplies is still new to affiliate marketing, but it already managed to sign a deal with one of the biggest poker-dedicated websites on the Internet.
Synonyms and related words: affiliate model, online marketing, SEO marketing, digital marketing