Affiliate marketing is a well-known strategy to drive sales and create a substantial online income. Incredibly valuable to brands and affiliate marketers, and the marketing tactic now is at the helm of many successful campaigns and plays an instrumental role in deriving desired results. Put simply, affiliate marketing is a marketing practice by which affiliate marketers can earn commission on every lead they generate for the products or services offered by another company.

Affiliate marketing follows a simple step-by-step process:

Along with creating earning opportunities for affiliates, affiliate marketing also creates a win-win situation for both brands and consumers.