Affiliate marketing is a form of online marketing that involves promoting products or services from another company and earning commissions on sales or referrals made through your unique affiliate link.Here's a breakdown of the process:1. An advertiser (also known as a merchant) creates a product or service they want to sell.2. An affiliate marketer (you) joins the advertiser's affiliate program by registering on their website or through a third-party affiliate network.3. You receive a unique affiliate link or code to track your referrals.4. You share the advertiser's product or service with your audience through various marketing channels, such as social media, email marketing, blog posts, or video content.5. When someone clicks on your affiliate link and makes a purchase or completes a desired action (e.g., fills out a form), you earn a commission.Affiliate marketing benefits:- Low startup costs- Passive income potential- Opportunity to promote products you believe in- Flexibility to work from anywhereCommon affiliate programs:- Amazon Associates- ShareASale- ClickBank- Commission Junction- RakutenTo succeed in affiliate marketing, focus on:- Choosing products that align with your audience's interests- Creating valuable content to promote products- Building trust with your audience- Disclosing your affiliation with the product/ service (FTC guidelines)Remember, affiliate marketing requires effort, patience, and a well-thought-out strategy to generate significant income.