The basics of affiliate marketing
Affiliate marketing is one way that both a company and the “marketer” are able to make money from a product. Affiliate marketing is one of the most cost efficient ways that a company or merchant can market a product. Google adsense is a prime example of a successful affiliate marketing program.
Affiliates (the ones actually putting the ads up) see affiliate marketing as an easy to use method of making money online passively. Many blogs and websites update their content once per day and let the visitors do the rest by clicking on the ads on their site. Anywhere from $0 to $130,000+ can be earned by affiliate marketing each month.
There are three basic forms of affiliate marketing that are the most widely known. They are: Pay Per Click (PPC), Pay Per Sale (PPS) and Pay Per Lead). Each form has its own pros and cons.
Pay Per Click marketing pays the affiliate every time someone clicks on an advertisement on his or her website. This is the most popular method because of the high click volume on many sites daily.
Pay Per Sale marketing does just that; it pays you everytime some one from your website clicks on an advertisement and purchases the product being advertised. PPS marketing has the highest pay rate but a relatively low turnout rate.(how many people actually buy the product). It is a great way for an already popular site to make some extra income.
Pay Per Lead is some what of a medium point. It falls between PPC and PPS because people still have to click on the ads, but instead of paying for a product, they might have to just sign up for free information about the product. It is also has a high pay rate per lead, as much as $1 to $50+.
Affiliate marketing is the best way that a new or exeperienced webmaster can monetize their website. Google Adsense is one of the leaders in this field, and is what millions of affiliates use daily for the sole source of income.
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