What is a referral link?
Referral is an act of referring something to someone. A similar or maybe synonym words are affiliate and endorsement. In the Internet age, you can refer someone about something by sending a link that leads to the location of that something on the Internet, that is what referral link is. In most cases you are a third party that refers someone’s product you will receive commissions for referring. For example, if you download Brave Browser using my link https://brave.com/faj135 and use it for a month, I will receive a commission of $1 worth of BAT. “https://brave.com" is the website “faj135” is my unique referral code (note: not all referral link follow this style).
At https://0darkking0.blogspot.com/p/online-affiliate-endorsement-and.html I keep a list of referral links along with necessary information such as how much the commission is, what the requirements are, and where to find more info.
What is referral link for?
For the product owner
To advertise their product to gain more customers. Generally, the more the customers the more the revenue. This is called marketing, every company generally have a marketing department to attract more customers. They put advertisements on websites, social media, video platform, TV, etc, and/or they have a sales person who searches for customers whether online on down the street. Most of the time, the salary of sales people depends on how much customers they attract.
Referral link is a new idea. Instead of just having sales person do the marketing, they also encourage customers to market for them. Indirectly, the customers becomes 3rd party freelance sales person. It’s the art of networking where info about the product spreads from one person to another. A customer may refer to their peers, and those peers may refer to their other peers as well, and so on. The customers are rewarded in each successful referral.
For the referrer
Again, the referrer becomes 3rd party freelance sales person. Referral link became one method to make money online. This becomes an option for content creators or anyone active in the digital space to monetize their contents. Almost all content creators are not paid to make their contents, they work for free. If it is just that, limits their potential in content creation. They their own living as well, they need to eat, drink…