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Affiliate marketing can be a lucrative career, but you’re not sure which path to take. Read on for some simple explanations to help you decide.

As you already know, affiliate marketing is a very simple yet powerful concept and it is known as the simplest and easiest way to make money on the internet. Basically, it is about using the internet to sell products or services of other companies and services. The affiliate earns a commission from the customer for every sale made.

There are many types of affiliate advertising, but they all fall under two main types, pay-for-performance and pay-per-click.

Pay-Per-Performance

Under this umbrella, pay-per-performance (PPP) means that affiliates earn commissions when a visitor takes a required action from their affiliate ID. This can be a real sale where the commission rate is typically between 10-50% and the most popular products offer less commission than the most popular, or it can be the way presented here. Affiliates are paid for each registered person. on the customer’s website. This can be great for affiliates as they can earn anywhere from 15-20% on every sale made.

Pay-Per-Click

Pay-per-share affiliate marketing, also known as PPC, is considered the most popular and easiest way to make money and is ideal for people with small websites. The seller places the banner in the written advertisement created by the customer on his own website. For each click on these banners or ads, a commission is paid to the customer and affiliates. The following sale is not required, so the payment is usually small (usually less than $1) compared to the other options mentioned in this article.

Affiliate marketing can be divided into residual and tiered marketing; single-tier, two-tier, and multi-tier.

Residual income marketing

Once the buyer makes their first purchase, which is made through the affiliate seller’s link ID, the buyer not only pays a commission on the sale but also receives a commission based on the buyer’s sale. The way to achieve this is easy to understand; A cookie is created from a unique affiliate ID and placed on the buyer’s computer at the time of initial purchase. As a cookie, this expires after three months but may take longer. When the customer returns to the store to make another purchase, their computer is automatically checked to see if the affiliate cookie is registered and if found, they are billed for the sale. It is important to note that cookies do not damage your computer in any way and do not contain any personal information that can be seen or used by others.

Single Tier

The affiliate receives commissions for traffic or sales on the client’s website based on either a PPC or PPP program.

Two-tier

The affiliate gets the service for whatever the buyer does and they get the service based on the performance of the other affiliates that introduce themselves.

Multi-tier

The affiliate is paid in the same way as in the two-tier program, but the tiers can go further than the work the affiliate and their affiliates do in the market. The depth of the level can be unlimited.

Credit: Karen Thomson