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Which of the following is/are the part(s) of affiliate marketing?

20. Which of the following is/are the part(s) of affiliate marketing?

1. The Merchant
2. The Affiliate
3. The Customer
4. All of the above

Answer: D) All of the above

Explanation:

The following are the parts of affiliate marketing -

1. The Merchant
2. The Affiliate
3. The Customer, and others.