Monday, September 22, 2008

Different types of affiliate marketing

There are three main types of affiliate marketing. These three types are Pay Per Click (PPC), Pay Per Sale, and Pay Per Lead.

1. Pay per click affiliate marketing is perhaps the easiest type of affiliate marketing to get started in. Google Adsense is a prime example of affiliate marketing and is a very good way to make money online. Basically, you get paid every time someone clicks on an advertisement on your website. The earning potential is limitless, but depends on how much web traffic that you receive. A site with more traffic and well placed ads can make hundreds or thousands of dollars everyday. In order to make that kind of money, you would need to have a very large and popular website.

2. Pay Per Sale affiliate marketing is usually structured on a commission style pay. You earn a percentage of each sale that you generate for a company. The easiest programs to utilize this type of affiliate marketing with are Amazon Affiliates and Clickbank. You can review or recommend products from these sites and then post your affiliate link. If someone clicks the link and buys the product, then you are paid a percentage of that sale. You may decide to pay for advertising if you want to focus solely on this type of affiliate marketing. You can utilize Google Adwords to attract targeted traffic to these reviews or recommendations to get some sales. I have successfully started a number of websites that have just affiliate links with reviews of the products and have made money from it too. Adwords will be discussed in more detail in another article.

3. Pay Per Lead affiliate marketing involves getting people to sign up for a free trial of a service or just simply signing up on a website. You may get $0.01 to $10 or more for each lead that you may generate for a company. These types of programs are more on a company by company basis rather than having a program like clickbank. However, there is one program that comes to mind that covers both Pay Per Sale and Pay Per Lead. This program is Commission Junction. Commission Junction or CJ is a great resource for website owners and bloggers who want to promote real, tangible items rather than the informational and digital items on clickbank. CJ allows you to get paid a percentage of each sale that you generate for a company and for generating leads for different companies or services. CJ is definitely something to look into.

This should provide you with a brief but informative idea of what Affiliate Marketing is all about. There is A LOT of money to be made in affiliate marketing. If you haven't done so already, make your own free blogger blog or Google pages site and get started making money.

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