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Play Now →Affiliate marketing is a type of performance-based marketing where businesses reward affiliates for each customer brought to them by the affiliate's own marketing efforts. Typically, affiliates earn commissions on sales that are generated through their customer referrals.
Although sometimes used interchangeably with referral marketing, there are key differences between the two channels. If you aren’t sure what type of program is best for your brand, check out our guide on affiliate vs referral marketing.
There are three basic steps in the process of affiliate marketing:
Affiliate marketing is growing in popularity because it is a very effective way for businesses to reach new customers.
It also enables businesses to track the effectiveness of their marketing efforts by seeing which affiliates are generating the most sales. Additionally, it is a cost-effective way for businesses to advertise, as they only pay commissions to the affiliates who generate sales.
Sign up for a free trial of GrowSurf to lower your customer acquisition costs, increase customer loyalty, and save gobs of time.
GrowSurf is modern referral program software that helps product and marketing teams launch an in-product customer referral program in days, not weeks. Start your free trial today.
Word-of-mouth marketing reigns supreme when it comes to growth and increasing sales. According to the Word of Mouth Marketing Association (WOMMA), there are more than 2.4 billion brand-related conversations everyday in the United States.
the news is a tech and finance newsletter that gained over 339k subscribers using GrowSurf referral program software. Learn the drivers behind their growth.
Did you know it's 5x cheaper to retain old customers than it is to gain new ones? In this blog, we explore 85 game-changer customer retention statistics.
If you're on the fence about launching a customer loyalty program, let these 50 powerful customer loyalty stats convince you why it's so powerful.
Looking for the best alternative to ReferralCandy? Look no further than GrowSurf, the top-rated referral program software for B2B and B2C tech companies.
Feeling short on time managing your referral program? Learn how to automate your referral marketing program that scales with your business needs.
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See referral programs that our customers have implemented.
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Recurly 
PayPal 
Tango Card 
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