Source: monsterinsights.com
Affiliates act as advocates for the business, brand, or product they promote. They can be an influencer, a new or returning consumer, or a small marketing firm. They can market a product using a website, blog, social media, or email. Affiliating networks pay associates either a flat fee or a portion of each sale they generate. The result is usually a sale, while in other cases, programs may pay affiliates for leads or app downloads.Source: unsplash.com
Here are some of the benefits of affiliate marketing on Shopify:Source: shopify.com
You can also add exclusive sales or complimentary items to your compensation package as a reward. Affiliate programs with generous rewards are more likely to attract top affiliates who can consistently sell products. It also builds trust with potential affiliates by proving your Shopify business's credibility.