An
Affiliate Marketing is an Internet-based marketing
practice in which a business or company rewards one or more affiliates
(Member)
for each customer brought about by the affiliate's marketing
efforts. It is an activity of crowd-sourcing.
In simple
terms, it's a reward given by the company to the
affiliates for bringing members to the site.
These
rewards are given in the form of virtual
credits to affiliates account which they can redeem against the site
fees or
for activities on the site as specifically described in the company's
affiliate
program.
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