What is affiliate marketing

[LikiFerio]

Hi,
What does the term affiliate marketing means. Recently I received a promotional mail that shows up to sign up a service related to affiliate marketing. Under thing the company will pay up some amount. I did not clearly understand this. Does this need a charge to be paid up. And in what way does a user gets money under affiliate marketing. I know about Google Adsense which is a type of advertisement service. Thanks.

[Techno01]

Affiliate Marketing is type of internet marketing practice in which a customer gets business rewards by introducing other customer. This is also termed as crowdsourcing. There are three major parts of this marketing practice. The first is the seller, the affiliate and the customer. The practice is generally used to sell out more products and pay the customer or affiliate some rewards or commission on sale basis.

[Trio]

Affiliate marketing is a type of online product marketing tool. Under this some affiliates or you can say a third party seller contacts the buyer. The more product is sold then the affiliates receives more commission on it. It is entirely a commission based business in which the income depends on the sold products. It has increased the online sale process more as compare to older times.

[deveritt]

It is a one more type of e-commerce tool which is used for selling product online. The tool aims are various parties to maximize profit by encouraging more people to participate in the sale process. There are many sites which offers you free joining and then you can keep on adding up consumers under you.