8.1 What is Affiliate Marketing? Affiliate Marketing is a performance-based marketing model where individuals (affiliates) earn a commission for promoting someone else’s products or services. The affiliate promotes a company’s product through a unique tracking link , and when someone buys through that link, the affiliate earns money. Simple Definition: Affiliate Marketing means earning a commission by promoting other people’s or companies’ products online. Example: A YouTuber promotes a mobile phone using an Amazon link — if viewers buy using that link, the YouTuber earns a commission. 8.2 How Affiliate Marketing Works Affiliate Marketing involves four main participants: Merchant (Advertiser / Seller): The company or brand that sells the product or service. Example: Amazon, Flipkart, or a software company. Affiliate (Publisher / Promoter): The person or website promoting the product for a commission. Example: A blogger writing reviews o...