Affiliate marketing is a performance-based marketing model where affiliates earn commissions by promoting products or services on behalf of merchants. This relationship is built on a mutually beneficial partnership, where affiliates drive traffic and sales to the merchant's site, while merchants provide the necessary tools and incentives for affiliates to succeed. Understanding this ecosystem is crucial for marketers and advertisers looking to leverage affiliate marketing as a viable income stream. By grasping the fundamentals, you can harness the potential of affiliate marketing to expand your reach and achieve your financial goals.
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