Affiliate marketing is a type of
performance-based marketing in which a business rewards one or more affiliates
for each visitor or customer brought by the affiliate's own marketing efforts.
The industry has four core players: the merchant (also known as 'retailer' or
'brand'), the network (that contains offers for the affiliate to choose from and
also takes care of the payments), the publisher (also known as 'the affiliate'),
and the customer. The market has grown in complexity, resulting in the emergence
of a secondary tier of players, including affiliate management agencies,
super-affiliates and specialized third party vendors.
Affiliate marketing overlaps with other Internet marketing methods to some degree, because affiliates often use regular advertising methods. Those methods include organic search engine optimization (SEO), paid search engine marketing (PPC - Pay Per Click), e-mail marketing, content marketing and in some sense display advertising. On the other hand, affiliates sometimes use less orthodox techniques, such as publishing reviews of products or services offered by a partner.
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