Many big name companies have used affiliate programs to extend there reach on the market. Some of these different types of programs include pay per lead, residual income (also known as recurring commission, recurring income, lifetime commission and lifetime income), affiliate networks, cpa networks, two tier programs, ad networks, and contextual ads. Eighty percent of affiliate programs today use revenue sharing or cost per sale (CPS) as a compensation method, nineteen percent use cost per action (CPA), and the remaining programs use other methods such as cost per click (CPC). No matter what type of commission these great programs pay, you can still earn a very generous income from them.
Affiliate programs offer the best opportunities to start an online business, or to grow an existing one to new levels. Some use these programs to supplement their existing offline income while others actually generate all of their income through the affiliate programs they promote. There are thousands of affiliate programs on the Internet covering just about every product and service you could imagine. To keep from getting overwhelmed, I recommend promoting only three or four programs at the same time, and make sure they offer training.Some affiliate programs have a large variety of marketing materials available to you for promoting their products and services, including dozens of banners in all shapes and forms, pop-ups, mail-outs, and just about every type of promotion tool available.
Affiliate programs are extremely popular due to their simplicity and effectiveness, and they can be a very powerful source of income for you and your family. Affiliate programs are a great way to monetize your web site and you should definitely take the time to look into them. Most of these affiliate programs are absolutely free to join and with a little hard work and the right knowledge, it really is easy to make a good living with affiliate programs.