One of the fastest ways to make money online is through different types of affiliate marketing systems.
Here’s how this business model works…
You promote another business, product, or service and the business will then reward you based on the sales, page visits, clicks or offers that were completed because of your efforts.
Today, I’m going to talk about the different affiliate marketing systems, and 6 proven methods to putting more of the green stuff inside your bank account.
Affiliate marketing systems give you the almost all of the tools that you need to promote their products. In fact, unlike other Internet marketing endeavors, affiliate marketing does not always require you to have your own website. The company will provide you with your own unique affiliate link, which you should use to direct traffic to their website.
You will also be given an account at the affiliate site. Through your account, you can track the products that you’re promoting, the number of clicks that your affiliate links get, and how many of these clicks are being rewarded by the company. Take note that your potential customers need to use your affiliate links for you to get credits. Otherwise, it is impossible for the affiliate marketing systems to track your efforts and to reward you for them.
Six Types of Affiliate Marketing Systems
1. Pay per sale
Pay per sale is the most common affiliate marketing system. It is also the simplest for newbies to understand. Every time a customer buys a product through your affiliate link, the seller pays you a commission. If you have your own website or blog, you may place your affiliate links in the banner or side bar. You can also send your affiliate link to your subscribers.
2. Pay per click
Those who have participated in many affiliate marketing systems know that this is the one of the easiest to do. All you need to do is to convince your readers or subscribers to click on your affiliate link. Your affiliate links are usually placed in banners or other website advertisements.
While this affiliate marketing method is highly beneficial for promoters, the business using this system might have some disadvantages. It is difficult to track which clicks came from valid potential customers.
3. Pay per link
Pay per link is a rarely used affiliate marketing system. What you need to do is to display the affiliate link on a website for a limited time. This may be in the form of a link within an article or an invitation to visit the website. Because the websites that use this promotion method are being penalized by Google, very few use this system.
4. Pay per printout
Every time a customer prints out a coupon, the advertiser pays you a commission. This affiliate marketing system is tracked in the same way as pay per click. Sometimes, the merchant may also place a unique code in the coupon, which will be used in tracking coupons for offline transactions.
5. Pay per view
Just display the advertiser’s banner on your site until it receives the agreed number of unique views. The advertiser will use various methods to make sure that each visitor has a unique IP address.
6. Pay per sign up
This is also one of the simplest affiliate marketing systems. You have to convince your visitor or subscriber to visit the advertiser’s site and to complete an action, such as creating an account. The merchant usually offers a free eBook or PLR (private label rights) product that will be sent to their new subscribers once they complete the signup process. A sale is not required.
To make the most of each affiliate program that you participate in, use various methods to promote your link. Aside from using your website, blog and subscriber list, place your affiliate links in forum signatures (whenever permitted by forum administrators). You can also use social media sites, such as Facebook and Twitter in promoting products from different affiliate marketing systems.
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