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Affiliate marketing is a performance-based marketing strategy where businesses (merchants or advertisers) reward affiliates (publishers or partners) for driving traffic to their website or generating sales and leads. Here are some key points about affiliate marketing.
Affiliate marketing as a concept has evolved over time, with contributions from various individuals and companies shaping its development rather than having a single developer. However, William J. Tobin is often credited with pioneering affiliate marketing through his creation of the Prodigy Network in the late 1980s. Prodigy Network allowed businesses to partner with other websites to promote their products, essentially laying the groundwork for what would become modern affiliate marketing.
Earning from affiliate marketing involves several key steps and strategies: Earning from affiliate marketing requires persistence, consistency, and a willingness to learn and adapt. Success often comes gradually as you build your audience, establish credibility, and refine your marketing strategies over time.
No, affiliate marketing itself is not illegal. It's a legitimate marketing strategy where businesses (advertisers) partner with individuals or companies (affiliates) to promote their products or services in exchange for a commission on sales or leads generated. Many reputable companies and brands around the world utilize affiliate marketing as part of their marketing mix. However, like any business activity, affiliate marketing must be conducted ethically and in compliance with applicable laws and regulations. Here are some key considerations to ensure legal compliance in affiliate marketing: