What Is Affiliate Marketing?
Affiliate marketing means promoting a third party's products online for a commission. You can simply add affiliate products links to your blog or blog post. If any of your blog readers click on that link and complete an action( Buying, email submit etc.) then you will get paid.
Types of Affiliate Marketing
1.Pay Per Lead: This is what affiliate marketing is all about, being paid for an action. Most programs fall into this category as it means being compensated for an action taking place on the advertisers site. This can be anything from taking a survey, or filling out a form request a free trial.There is no set range for commissions in the cost per action (CPA) market. You will see email submit offers pay out in the $1-$2 range, while there are much higher program like weight loss trials (with credit card submit), that pay in the $40-$60 action range.
2.Pay Per Sale: Much like Cost Per Action, but more targeted towards sales and purchases. A Cost Per Sale method of advertising usually pays a set price, or a percentage of final purchase. Amazon.com’s associate program can be considered Cost Per Sale, as you will only earn percentage (commission) on every purchase referred to their site.
3.Pay Per Click: The majority of affiliate programs are running on a Per Per Lead or Pay Per Sale structure.Programs using a Pay Per Click method, are paying affiliates based on the number of clicks they generate for an advertiser regardless of sale. You won’t find as man affiliate programs using a Pay Per Click model, as it leaves the door open for fraudulent activity and lower conversions on final sales.
Who track this sales and Pay the commission?
What is an Affiliate Network?
The best way to describe an affiliate network is to think of a mediator between merchants (advertisers) and affiliates. If you’ve ever bought a house, you normally have a lawyer and use an escrow account. The seller and buyer won’t exchange money and/or the house, until both parties are satisfied… the same concept can be applied to an affiliate network. The affiliate network stands between the merchant and affiliate and insures
legitimacy for both sides. The primary reason why affiliate networks exist is so an affiliate can find a wide variety of offers in one location, and merchants can have access to many affiliates.The affiliate network does the overhead of recruiting affiliates, bringing in new advertisers, tracking leads and sending our payments. For performing this overhead, affiliate networks receive a commission, usually receiving commissions in the 15- 30% range for their work. (Example: If an offer is paying $10 per lead, the advertiser is probably paying $13 and the network earns $3 per lead.)
See the list of Affiliate Networks that you can join.
1.Click booth
2.Neverblue
3.Peerfly
You can join all of these affiliate networks and make money. But getting an affiliate program in your niche is depends on the networks.So you can join directly with companies in your same niche.
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