Before you start in affiliate marketing, do get yourself educated about the various ways you can make money. There are a few different lucrative ways to generate an income from affiliate marketing and they are all equally powerful if implemented in the right way. Here are 3 different powerful ways to create cash from affiliate programs:
Pay Per Sale
This is the most popular among affiliate marketers. The concept is simple - if you make a direct sale of a product through your affiliate link, you receive an affiliate commission, the amount of which is decided by the merchant beforehand. You will receive a percentage of the sales price. This can range from 4% (Amazon's products) to 75% (Clickbank digital products such as ebooks and software).
Pay Per Lead
Making money from pay per lead programs doesn't require customers to buy anything from your affiliate link. They just need to sign up for a free report, free quote or free membership for you to get paid! That's the beauty of pay per lead programs. You receive commissions even though customers might not buy anything!
Multi-tier Affiliate Marketing
Multi-tier affiliate marketing is a little more complicated as it involves tiered marketing. However, it can be wildly profitable. If a customer you refer to an affiliate product joins the affiliate program, you can earn commissions from every sale they make. This is autopilot income at it's best. This is not to be confused with network marketing or multi-level marketing since multi-tier affiliate marketing usually only involves only one tier.
Fabian Tan is the author of the free 51-Page Report:
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