January 30th, 2012
In the current economic climate we are all looking to make a little bit of extra cash and one way could be through affiliate marketing. But just what is affiliate marketing?
Affiliate marketing is basically a revenue sharing programme between a brand and a website owner. So how it works is you put ads on your website and is a customer click through or new customers go to the company you could earn a bit of the profit.
When it comes to affiliate marketing there are three ways to earn money – pay per click, pay per sale and pay per lead. So what’s the difference between the three?
Pay per click
How this option works is that every time a potential client leaves your website by clicking on one of the ads you earn a certain amount of money depending on the product or service offered.
Pay per sale
This way you would earn money for every sale is made through a customer clicking on an ad.
Pay per lead
This basically means you can earn money for every customer who registers on the company website as a result of the ad.
Making money from affiliate marketing
If you own a website or a blog affiliate marketing could be a good way to earn a few extra pennies and you don’t even have to do much you just have to place an ad on your site.
However, there are some disadvantages to affiliate marketing as you have to make sure you have properly researched the company so that you will get all the revenue you are owed. Also in some cases an ad could be on your site for months without any click through and if the commission rate is small it could take a while to get any kind of revenue.
You also have to make sure that you are keeping your website going with content that people want to read because if you don’t have visitors to your site you are not going to make money from affiliate marketing.
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