Sunday, July 12, 2009

Types of Affiliate Marketing

Affiliate marketing has recently seen a tremendous surge in popularity recently. And there are several reasons for this sudden interest towards affiliate programs. The immediate benefits of affiliate marketing have become clearer to people, i.e. that this method of marketing is one of the quickest ways to make money online is becoming a common knowledge. In fact, there are many affiliate programs available on the internet, at your disposal to be chosen as you like them.

Merchants and affiliates can both benefit from affiliate program greatly. Merchants get an opportunity, through this method, to advertise their products in a very cost-efficient manner, and as for the affiliates, they promote the products to make profits. It's one of the easiest ways available for both parties to earn some real money online.

Best of all, affiliate marketing is no longer considered just another alternative means to earning money: it is very much a major source of income nowadays for both merchants and affiliates. The profits earned through affiliate marketing are bigger and better than ever, and it is no longer a secondary source of additional income. Affiliate programs and marketing is here to stay.

In order to break into this exciting world, there are a few things you need to know, and be aware of. These include knowing the various types of affiliate marketing programs, which program accomplishes what, and so on.

Different Affiliate Marketing Programs: Single, Double, Multiple Tier

In two-tier based affiliate marketing programs, the affiliates are paid based on the traffic and sales that he has managed to refer to the website of the merchant, as well as based on the traffic and the sales that various other affiliates have referred to the merchant, all of whom have been recommended by him in the first place. In a similar manner, in multi-tier affiliate programs, the affiliate gets paid in the same way, only difference being that in this case, there are several more tiers which lead to additional income. Therefore, two tier and multi tier based marketing programs are a definite improvement over one tier a program, which pays the affiliate from a single direction only. Single tier programs consist of affiliate marketing types like PPS, PPL and PPC.

Residual Income Affiliate Marketing

by Cristopher Freville
Residual income affiliate marketing, on the other hand, is different. In this case, the affiliate is paid only when the customer referred to by him returns to the website to buy another product. Sales percentage commission and a fixed fee are the two factors on which compensation depends, in this regard.

Merchants and affiliates benefit differently from these affiliate programs, as these various types of affiliate programs work in different ways for both parties.

Which affiliate program you would rather go with is entirely your decision. Keep your eyes and ears open, research on the matter before making a decision. Rest assured, affiliate marketing is here to stay. It is one of the best ways to make money on the internet, and is really coming out into the open now, thanks to greater awareness and publicity and new opportunities. It's the perfect time for you to break into affiliate marketing if you haven't already, and prosper. Give it a go, and you won't be disappointed in the least