As a beginner in affiliate marketing online you want to know how many types of affiliate marketing programs we have today online and which one is going to work for you the best.
So far today we have many different affiliate marketing programs online which are classified in a few types of categories.
In this post I will number and simple explain the most popular types of affiliate marketing programs that affiliate marketers are using to generate an extra online income.
Popular Affiliate Marketing Programs
Here are the categories of the most popular affiliate marketing programs online:
- Pay Per Click
- Pay Per Performance
Pay Per Click affiliate programs or PPC are well known among affiliate marketers, and for sure I know that you have already met this term many times when you were browsing online, but how do PPC affiliate programs actually work?
Let’s say you have your own website and you place banner or contextual advertisement to promote product of any chosen company (Google AdSense or Yahoo Publisher Networks).
Always when the visitor comes to your website and click the banner, he will be relocated to the main company’s website and you will get a certain amount of money, even you get money if the visitor doesn’t buy anything.
But the amount of the money that you will earn from this kind of affiliate program is very small per click, and usually is always no more than one dollar.
If you have a lot of visitors on a daily basis on your website it is good to use this kind of affiliate program to earn some extra income.
Pay Per Performance affiliate programs or PPP is one of the most popular types of affiliate program online and most attractive for affiliate marketers.
In this type of affiliate program, the company will only pay you a commission when the visitor buys something or when the visitor becomes a lead.
You as an affiliate will have to spend your own money to promote a product of your chosen company. On this way online companies are saving a lot of money. The commission that affiliate marketer are earning from this kind of affiliate program is from 15% to 20% of the price of the product.
Pay Per Performance affiliate programs are classified in two types:
Pay Per Sale and Pay Per Lead
Pay Per Sale is very popular affiliate marketing program among the affiliate marketers online, because as the name says you will always get paid when the visitor comes on your website, click on the link or banner for the product you promote and make a purchase.
The commission that you will get for this kind of affiliate program is higher than the commission you will receive in PPC affiliate program. Usually the commission goes from 8% to 75%. It depends of the price of the product that you are promoting.
Pay Per Lead this is a little bit different type of affiliate marketing program from PPS and usually are using companies who need leads to grow like a insurance and finance companies.
With this type of affiliate marketing program you will get commission always when your referred visitor to the company’s website that you represent is interested and fills up an application form with required information regarding the business of the company.
If you decide to use this affiliate marketing program the commission that you are going to receive from every referral is similar like a commission in the PPS affiliate marketing program and usually is fixed.
Residual Income Affiliate Marketing
Another affiliate marketing program that is also very popular among the affiliate marketers is Residual income.
So this is a type of affiliate marketing program that is different from the others affiliate marketing programs, because when you as an affiliate marketer promoting products and referring the visitors to the company that you represent, will be rewarded with commission not only once the visitor make a purchase, but anytime when the same visitor comes to the company’s main website and make a purchase you will get commission.
Besides these affiliate marketing programs also well know programs among affiliate marketers are:
Single Tier, Two Tier and Multi Tier
Single Tier – this is a type of affiliate marketing program where you are getting the commission only from the referred visitor who made a purchase.
Two Tier – in this type of affiliate marketing program you will get a commission from your referred visitor that purchased something through your affiliate links and also you will get commission from his direct referrals that made a purchase through his recommendation.
Multi Tier – it’s a type of affiliate marketing network similar to Two Tier affiliate marketing program but here you as an affiliate get commission generated from all referrals from the all Tiers down in your affiliate marketing network beginning from your referrals in your Single Tier.
I hope that information on this page will be of great value and is going to give you better understanding of the types of affiliate marketing programs and it is your job to discover which type will be better for building your successful affiliate marketing business online.
If you have any question or comments regarding this topic, please leave below in the comment section and I will be more then happy to answer you.
Best Regards !!!
