Affiliate programs have fast become one of the most popular ways to bring in extra income with your website. The reason for this is that you often do not have to pay anything to get started, you usually have to do relatively little, yet you will see a return on the space and time you provide for the affiliate program. Affiliate programs are all over the Internet, typically the most difficult part of them is choosing which one is the right one for you.
Affiliate programs or networks sound big and scary and like something you cannot do, but it is simply an intermediary that you go to for the purpose of selecting advertisers for your website. These advertisers usually pay to be a member of the affiliate program and then every time the advertisement on your website is clicked on you will be paid a portion of what the affiliate network is paid for each click.
Every affiliate program works a bit differently, so before you choose one you may want to be aware of how you will make money through these programs. There are three basic payment setups and they are pay per impression, pay per click, and pay per sale or lead. One payment scheme may benefit some while another payment scheme would more greatly benefit another.
Pay Per Impression
Pay per impression means that you are paid according to the number of times any given advertiser's banner is displayed on your website. How much you make is usually calculated by the CPM or click per thousand. If your CPM is $10 that means that you will be paid $10 for every 1,000 displays of the banner. This doesn't sound like much, but if you have a lot of traffic to your site it will add up.
Pay Per Click
Pay per click means that you are paid when the visitors to your website click on the advertiser's banner. This payment scheme typically pays better than the pay per impression, but you depend on your visitors to click on the advertisement or banner to get paid. If you get a lot of traffic you can usually do quite well with a pay per click set up but if you don't have a lot of traffic it is difficult to earn with such a setup. If you can select the advertisements that will appear on your website so that they are relevant to your site you'll see better results.
Pay Per Sale
A pay per sale or lead set up will give you the highest payment amounts, but the number of people that actually click on a banner and give the company a sale or lead is a lot less than will click on the banner or simply load the page. You'll always do better with a pay per sale or lead scheme if the banners or advertisements are targeted toward your audience, and if they are good you can earn a good deal of money through this sort of affiliate program.
There are a ton of great affiliate programs out there, and you can often work with more than one. You should definitely check them out before you sign up just so you are sure that your goals and the goals of the affiliate network are the same. The more control you are given over the ads the network places on your website the better your earnings will be. Affiliate programs can really add to your current earnings so that your website more than pays for itself each year. Every website owner should look into affiliate programs because it's easy and can earn a substantial amount of money over time.
Enzo Chiu - Freelance Programmer & Web Developer. You can find many advices about how to make money at home and also many Google Adsense tips and tricks at his website http://www.MakeMoneyAtHome-Idea.com