‘Affiliate marketing industry can redefine industrial paradigms’ – ‘Entrepreneur’ Blog
Sahil Chopra says, “One of the oldest forms of marketing that give you a chance to make some money or commission when referred online product is bought that is what affiliate marketing is all about. While you don’t have to create a product yourself, the challenge lies in taking on the pivotal role of simply linking up the buyer and the seller.
The seemingly simple sounding world of affiliate marketing may make it a lucrative and preferred career option in the online space, but it’s highly competitive too. And to stand apart in the competition, it’s imperative to know the market needs, learn how to promote products, what works and what doesn’t, in order to be successful in the sphere of affiliate marketing.
The two decade old affiliate marketing industry has its set of followers and critics that have been at a tussle to emphasize on their respective arguments. In the UK, by 2012, affiliate marketing represented 6 percent of the country’s online economy and attributed to £9 billion in sales, according to research by the Internet Advertising Bureau (IAB). Market statistics reveal that the followers or the merchants are likely to spend $4.5 billion on affiliate marketing in 2016“.
Affiliate marketing industry can redefine industrial paradigms
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