To market products and services, companies whether big ones or middle ones recently start using affiliate marketing programs to expand their business, so people around the world would get in touched with them easily. Not to mention using affiliate marketing programs is lucrative since it's cheap and affiliate marketing yields consistent online profit. For Affiliates, Affiliate marketing program is easy to be implemented and doesn't cost much money, all one should do just promoting product or services from company through his/her blog or website.
There are tons of affiliates programs on the net with various types of mechanism. But basically they are the same, the most basic of characteristics usually go into 3 classifications:
* Pay Per Performance * Pay Per click * Residual Income Affiliate Marketing Programs
Pay Per Performance Pay Per Perfomance (PPP) affiliate is probably the most used affiliate programs by online companies. Because they pay only if an affiliate referral make an action, such as purchasing products from referral links. And the affiliates is positioned as marketer in this affiliate program because they need to promote affiliated company's products or services with their own money. Therefore, company gain two advantages from this kind of affiliate program, one their money will spend IF their products bought, secondly their affiliates help them financially to promote their products! Thus, before you decide to join this affiliate program, make sure you have fully known what will it take. Generally PPP separated into 2 classes:
* Pay Per Sale (PPS) The title speaks for itself. Thus, as an affiliate you will be paid only one referred by you make a purchase. * Pay Per Lead (PPL) This kind of affiliate program is a bit different with PPS, usually it used by insurance companies and financial institute. As an affiliate you will receive a payment if the one referred by you requested a quote or filled up the online application form.
Pay Per Click (PPC) Affiliate Program No one has not known this type of affiliate program, if you haven't, you probably haven't spent enough time on the net. PPC programs are the most easy way for blogger to earn money online through blogging I think. If your visitor click a banner or text ad which integrated within your blog, you'll be paid, the amount of money for each click are various depends on the price of the keyword. Giant Advertising companies like Google Adsense, Yahoo Publishers Networks use this kind of affiliate program.
Residual Income Affiliate Marketing Programs As an affiliate, You will not only be paid for anyone who you referred visit the companies site, but you will also be paid if they purchase the company's products or services.
This kind of affiliate programs, is probably the most chosen by publisher or affiliate to be participated with since it doesn't take extra money for them to make a promotion like Pay Per Performance (PPP) Affiliate Program.
The above 3 types of affiliates will definitely generate you an income, each of them has its own mechanism that could be fit or not fit you. Thus, make a little analyze about one of programs before deciding to jump into it. And search for informations related to it, and make a test. You would find which one is fit you and which one is not
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