An affiliate link is a URL that directs customers to a company's website or product sales page. It is composed of a company's domain name followed by tracking parameters.
Here is an example: www.yourdomain.com/tr4ck4n98p421m3939s
Using affiliate links, you can monitor your conversions and affiliate marketing strategy performance. In addition, affiliates are compensated based on the number of clicks, sales, and leads they generate through the affiliate link.