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WHAT IS AFFILIATE MARKETING ?

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  Affiliate Marketing for Beginning Marketers Affiliate marketing is when you market a company's item or product in exchange for a percentage of the sales you earn. Commissions typically are proportional to the sales cost, but they can also be fixed.   Why do affiliate marketing? Two reasons are listed below why you should think about doing affiliate marketing: 1. Low-cost and low-risk Beginning a business requires initial costs for goods such as employees, rental, equipment and so on. This is costly and risky. Affiliate marketing is a simple process. All you require is a website. If you don't succeed the way you want, all you've wasted is time and a bit of cash. 2. Easy to increase A typical salesperson sells products from one particular company. If you are an affiliate marketing professional you are able to promote various products from different businesses as well as earn commissions from each of them.   What is affiliate marketing? The retailer provides each affiliate w

WHAT IS MARKETING MIX ?

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  What is 'Marketing Mix' The Marketing mix is a collection of strategies, or actions used by companies to advertise its brand or product on the marketplace. The four Ps comprise the typical marketing mix: Price Promotion, Product, and Place. Today, however, the marketing mix more often includes other Ps, such as packaging, positioning, and even Politics as crucial mix components.   The 4Ps in advertising? Price: is the amount which is attributed to an item. It is based on the cost of production, segments focused, the capacity for the marketplace to make payments supply-demand and many other factors, both indirect and direct. There are many kinds of pricing strategies. Each one is linked to the overall business strategy. Pricing can also serve as a delineation to distinguish and improve the appearance of the product. Product: is the product that is actually sold. The product has to meet the minimum amount of performance, otherwise the most effective work on other components i