The secret is out - affiliate marketing is an excellent source of promoting your business, building a great reputation and client base without having to spend extensive budgets on advertising. Not only have sole proprietorships grown their businesses exponentially with affiliate marketing, but the big boys of business are jumping on the bandwagon as well. Companies ranging from LifeLock to Virgin Mobile and EuroStar have initiated very successful affiliate marketing campaigns - cementing the tremendous efficiency of this promotional strategy.Research shows tremendous increase in affiliate marketingAccording to the British research firm, E-consultancy, affiliate marketing has grown more than 45% in the UK alone, generating an increase of £3.13 billion ($4.65 billion USD) in the last year - and these are only conservative estimates for one country. Imagine how much affiliate marketing is growing in the United States and worldwide.What can the tremendous popularity of affiliate marketing be attributed to? Further studies show that 95% of companies that engage in affiliate marketing appreciate how “cost-effective” this strategy is, especially in growing customer bases and increased revenues.Indeed, there are no significant start-up costs when it comes to starting an affiliate marketing program. You do not need to pay for ad spots, […]

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