MY Affiliate Marketing

by Krishan Chopra Digital Infopreneur

What Is Affiliate Marketing and How Can I Use It For Business? Finding ways to generate new sales leads can be incredibly difficult task for some business owners.

Recommended Features

Right Product
Affiliate Link
Promtion
E Mailing
Follow Up

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What is Affiliate Marketing?

Affiliate marketing is essentially an exercise in revenue sharing that sees a company pay someone a commission in exchange for referred business. The concept itself has been around for ages but thanks to advances in ecommerce and digital technology in recent decades, affiliate marketing has rapidly evolved into its own dynamic industry.

Affiliate marketing as we currently understand it was first deployed online by a start-up called PC Flowers & Gifts in 1994. By launching an organized revenue sharing platform through the iconic Prodigy Network, founder William J. Tobin convinced thousands of other companies and publishers (or affiliates) to passively promote his companys products in exchange for a small commission. PC Flowers & Gifts earned millions in affiliate sales, and registered affiliates were able to earn a small income with little-to-no-effort.

Tobin went on to patent the idea in 1996, and scores of digital pioneers inevitably hijacked and rejigged the model. Amazon launched a hugely successful associate program in 1996 that rewarded website owners for promoting the company and in 2003, Internet upstart Google streamlined the process by launching its Google AdSense program.

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