Many individuals are going into online businesses and online marketing which is known as Internet Marketing (IM) to making money online to supplement main income or depending on IM as a primary source of affiliate paid.
There are many ways one can make money online and affiliate marketing is the most popular method. How much money and How you make money online with affiliate marketing depends on the type of affiliate marketing program you’ve signed up for, and the income you can make also depends on your internet marketing and SEO skills.
Here are three ways affiliate marketing and program paid:
1. Most affiliate marketing programs compensate their affiliates in different ways: Pay-per-click (PPC), pay-per-sale (PPS), or pay-per-lead (PPL).
In pay-per-click affiliate marketing, the affiliate is paid whenever he directs traffic to the merchant’s site.
PPS and PPL affiliate marketing programs work rather differently. In PPS, the affiliate only gets paid when his referral converts into an actual sale. In typical PPS affiliate programs, the affiliate would usually get a commission for each conversion. PPL affiliate programs work the same way, although affiliates are paid a fixed fee whenever his referral converts into a lead for the company.
2. Some affiliate marketing programs are two-tier programs, wherein the affiliate is also allowed to recommend other affiliates to the merchant. In such affiliate programs, the affiliate would not only be paid for the traffic or sales that he would direct to the merchant’s site but also for the traffic or sales directed by the affiliates who signed up with the program through his recommendation.
3. Yet another way of earning more profits with affiliate marketing is through residual affiliate programs. Residual affiliate programs are affiliate programs where the affiliate gets paid a number of times for as long as the merchant keeps the customer the affiliate has referred to his site. One form of residual program gets the affiliate paid a commission every time the referred customer purchases something on the merchant’s site. Another form of residual affiliate program gets the affiliate paid a percentage every month for as long as the company keeps the referred customer.