Affiliate Marketing
Affiliate marketing is a performance-based strategy where individuals (affiliates) earn a commission for driving traffic or sales to a brand through unique referral links. It relies on trackable performance and incentivizes partners to generate measurable results.
Calculation:
Tracked via cost-per-sale (CPS) or cost-per-lead (CPL), often using unique tracking links or discount codes
Example:
A fashion influencer includes an affiliate link in their YouTube description. Every sale generated through that link earns them 15% commission.