Affiliation is a marketing agreement whereby an online retailer uses the community and reputation of an external website for traffic or sales generated by its referrals.
For example, you want to promote your product on other people’s platforms. You will start by creating an affiliate link on your dashboard in the affiliate section. Then create affiliate resources such as a banner, text links, and promotional content that you will provide to the owner of the platform. This is the third part, find the platform you want to work with. Finally, you can track and analyze the results of your affiliate links. Using tracking technology, you can monitor the performance of each affiliate link. This helps you understand which affiliates are generating the most sales, allowing you to optimize your strategy.
How does affiliation works?