How Much Do You Know About Affiliate Programs?

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As an indispensable part of the affiliate marketing, affiliate programs have become one of the most popular online money making options. But what are affiliate programs? Do you know how many types of affiliate programs? This article will give you some information about these.

The definition of affiliate programs

Affiliate programs can provide you with a way to make money online right from the comfort of home. Most affiliate programs (also known as associate programs, partnership programs or reseller programs in order of popularity) are generally pay-per-sale (PPS) marketing programs for products or services, based on the concept of revenue sharing. Affiliate programs are a way for you to sell another company’s products or services and receive a commission. You write the content that you typically write and then link to the products that you talked about. When one of your customers clicks on the link and buys the product, you get a small commission of the sale.

Types of affiliate programs

1.Pay per sale (also known as commission-based programs): it is by far the most common type of affiliate programs. ...
... In pay per sale affiliate programs, you get paid for each of the sale that you are able to generate. If you refer a visitor to the merchant’s site and the visitor makes a purchase, you get a percentage of the sale as a commission.
2.Pay per lead: pay per lead (PPL) affiliate programs is a little different than pay per sale (PPS) programs. In pay per lead affiliate programs, you get the payments as a one-time fee for generating some leads for your merchant companies. In other words, companies employing these programs derive pay to their affiliates upon the number of visitors they refer and sign up as leads.
3.Pay per click (also known as click-through programs): pay per click affiliate programs are one of the easiest affiliate programs for web publishers to make money online with. In pay per click programs, you get paid for every visitor that you are able to send to the online merchant with the help of a banner or a text link, irrespective of the sales. That’s to say, it is not required that visitors buy anything, merely that they come to the merchant’s site.
4.Flat fee affiliate: essentially, the flat-fee referral programs pay you based on a predetermined amount for each of the visitors who make at least one purchase or any other transaction with the merchant, irrespective of the ticket value of the various transactions.
5.Single tier program: single tier programs the most basic of all types of affiliate programs. The single-tier affiliate programs are flat programs that reward only on direct transactions.
6.Two tier program: two tier affiliate programs are unique，for they allow affiliates to make money in two ways. They reward transactions generated by affiliates, but they also have a system in place to reward affiliates for bringing new affiliates into the program.
7.Multi tier program: multi-tier affiliate programs reward affiliates who sign up other affiliates several levels “deep”. It means that with multi-tier programs you get paid several levels deep for referring new affiliates or customers who become affiliates.

In conclusion, this article talks about affiliate programs from two aspects: the definition of affiliate programs and the different types of affiliate programs.

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