Asked by
Krystal Monica
on Oct 24, 2024
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Affiliate marketing is when a merchant pays a commission to another online entity for directing business to the merchant's website.
Affiliate Marketing
A marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generated from its referrals.
Commission
A fee paid to an agent or employee for transacting a piece of business or performing a service, especially a percentage of the total amount of business transacted.
- Distinguish between different types of internet-based business models and their unique attributes.
Verified Answer
GP
Learning Objectives
- Distinguish between different types of internet-based business models and their unique attributes.