Affiliate Marketing is an marketing practice where are business rewards one more more affiliates for reach new customer that the affiliate brings to the business. There are a number of different ways to pay commission to affiliates. This form of marketing has proven to induce organic, viral growth for many internet based businesses.
Glossary
Social Media Marketing (SMM) is a form of internet marketing that helps you build your brand and creating communication channels through social network participation including, but not limited to various social media networks (MySpace, Facebook, LinkedIn), social bookmarking (Digg, Stumbleupon), social media sharing (Flickr, YouTube), review/ratings sites (ePinions, BizRate, Yelp), blogs, forums, and news aggregators.
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Analytics involves taking traffic data from your website and analyzing that data to discover opportunities and pitfalls regarding the performance of your internet marketing efforts of your web strategy.
Resources:
- Web Analytics: An Hour a Day
- Google Analytics (Free Web Analytics Software)
- Google Analytics Blog
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Word Of Mouth Marketing (WOMM) is the act of passing on information verbally or digitally from one person to another in the form of recommendation or opinions on products or services of a company or brand.
Resources:
- 5 Word Of Mouth Marketing Strategies for Your Business
- Wikipedia on WOMM
- Word Of Mouth Marketing Association (WOMMA)
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