---
title: "Performance marketing basics everyone should know"
description: "This article explains what performance marketing is and how you can apply it to grow your business. Read more here."
url: "https://www.mickyweis.com/en/what-is-performance-marketing/"
source: "https://www.mickyweis.com/en/what-is-performance-marketing/"
published: "2020-10-30T10:47:40+00:00"
---
![engagement fb](https://www.mickyweis.com/wp-content/uploads/2021/04/engagement-fb.png)

Performance marketing is a marketing approach that is becoming more and more popular. The interesting part is that with performance marketing, you only pay when you get results.

This could mean that you only pay if your ad brings in a new customer or at least a customer inquiry.

The most common example of performance marketing is [affiliate marketing](https://www.mickyweis.com/en/affiliate-marketing/). Here, you pay a commission per conversion. A conversion could be a product purchase, a customer inquiry, or a meeting booking.

If you get relevant conversions and set your price correctly, it is a very reliable way to get value for your marketing budget.

## **Other examples of performance marketing**

Affiliate marketing is, of course, not the only type of performance marketing. Here are some other good examples:

- Advertorials, where you pay per click or CPM (cost per thousand impressions)
- Google Ads, where you only pay per click
- Influencer marketing, where you give a percentage of the sales they generate

If you, as a business owner, are not already using performance marketing, it is very exciting to explore. The possibilities are endless, and with many of these channels, you have almost nothing to lose by testing them out.

**In other words,** your payment depends on performance.

![Micky Weis](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2072%2072'%3E%3C/svg%3E)

### Micky Weis

Freelance fractional CMO · 17 years in digital marketing · Copenhagen

Micky Weis er en af Danmarks mest erfarne digitale marketingeksperter med næsten 17 års erfaring. Han arbejder som fractional CMO og specialiserer sig i SEO, organisk vækst, AI i marketing, affiliate og kommerciel strategi. Han har arbejdet med brands som Hummel, Matas, Tattoodo og Firtal, og driver i dag sin egen praksis, Weisio, fra København.

[LinkedIn](https://www.linkedin.com/in/mickyweis/) [Get in touch](https://www.mickyweis.com/en/external-cmo/)

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