What is affiliate marketing?

What is affiliate marketing? 

Affiliate marketing is a performance-based marketing program where a business rewards affiliates for each customer brought about by the affiliate's own marketing efforts. An affiliate promotes the business's products or services and earns a commission on any resulting sales.

Affiliate marketing allows businesses to expand their reach and top into new customer bases through a network o affiliates. The affiliates act as independent contractors and promote the business's offering in exchange for a commission on any resulting sales. This is a mutually beneficial relationship as the business gets increased exposure and the affiliate earns money for their efforts. The commissions can vary depending on the program. The success of an affiliate marketing program depends on the strength of the relationship between the business and its affiliates, as well as the quality of the affiliate's marketing efforts.