Affiliate marketing or partner marketing is one of the most cost effective online marketing channels. It's especially popular with SMB, SaaS and eCommerce. Unlike PPC, with affiliate marketing, you only pay for real sales in the form of affiliate commission. That way, you don't have to pay for advertisement which doesn't work. Affiliate marketing improves your Page Rank and SEO by having affiliates link back to your website.
Affiliate software is software that let's you track clicks and signups and assign them to the right affiliates with the option of reports and payouts. Affiliate software is used to run an in-house affiliate program with the advantage of complete customization and ability to control and manage your affiliates, commissions and setups. Starting an affiliate program with affiliate software Post Affiliate Pro is fairly easy even non-tech professionals.
There are numerous repositories to source affiliate products and services from. However, some of the biggest are sites like Clickbank, Commission Junction, LinkShare and JVZoo. You'll need to go through an application process, for the most part, to get approved to sell certain products, services or digital information products. Once approved, be prepared to hustle.