Hi, can anyone tell me in brief that what is Affiliate Marketing?

Affiliate marketing is promoting the products of other businesses, to your audience to earn commission in return. 

It works like this:

• Suppose you own a website/YouTube channel where you share information about digital marketing/web development
• You join a good hosting affiliate program to recommend their service to your audience
• You will get affiliate links from the business which you can share on your website or YouTube channel
• Your audience will click on the link and purchase a hosting service
• You will get the commission for referring a new customer to the business. 

Get more information about affiliate marketing: 

 

Simplest way to put is to say it's an advertising model in which a company compensates publishers to generate traffic or leads to the company's products and services. The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.