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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 BUSINESS MODEL ?

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  What Is a Business Model? The term “business model" is a reference to a business's strategy to earn profits. It defines the products or services that the company intends to offer, its established potential market and any planned costs. Business models are essential for both established and new companies. They can help emerging firms attract investors, attract employees, and inspire employees and management. Established companies should update their business model, or they'll be unable to recognize changes and threats ahead. Business models can help investors determine which companies are appealing to them, and employees comprehend the future of a business they might want to join.   Understanding Business Models The business plan is an overall strategy for operating a profitable company in a particular market. The most important element of the company model will be the value-added proposition. It is a description of the services or products that an organization provides a