An online marketing practice in which a business rewards an affiliate for driving traffic or generating a sale brought about by the affiliate's marketing efforts. In turn, the affiliate receives compensation based on performance measures. Popular terms associated with this type of marketing are pay per click, pay per lead and pay per sale.
An intermediary between merchants and affiliates that allows affiliates to advertise the merchant’s products in exchange for commission. The affiliate network benefits both parties, in which the merchant reaches a broad network of affiliates and the affiliate does not have to meet a sales quota.