An affiliate is a person or a group of people who advertise a third-party product or service to generate sales and get paid a commission.
Affiliates Explained
The affiliate generally runs a blog, a social media page or a website and incentivizes the followers to click on the ad banners or directly market the product to make a sale.
Once the follower buys the advertised product or service, the affiliate gets a fee or commission which is generally a little percentage of the sale price. Affiliates can be found in all kinds of niches ranging from musical products to trading services like opening an account with brokers via affiliate links or buying courses.