Affiliates earn revenue by promoting a product or service to their audience and earning a commission on any sales generated through their referral. Affiliates typically receive a unique tracking link to track their referrals, and they can promote the product through various channels, such as social media, websites, and email marketing. The commission rate varies depending on the affiliate program, but it can be a percentage of the sale price or a fixed amount for each referral. Some programs also offer tiered commissions, where affiliates can earn a higher percentage if they refer more sales.
This mind map was published on 4 May 2023 and has been viewed 111 times.