Joining an Affiliate program is the perfect choice for individuals who want to work from home. Affiliate programs are ideally suited for the new work from home parent, grandparent or anyone who wants to increase their income from the comfort of their home.
Affiliate programs are easy to start and grow into a lucrative second income. In order to succeed with any affiliate program, the most important element is learning to choosing the right type of affiliate program. The next important step is create an effective advertising program.
The different flavor of affiliate programs include:
Pay Per Click (PPC)
The Pay Per Click or (PPC) affiliate marketing model pays the affiliate when a visitor clicks on an ad. This is not the most lucrative model for a new affiliate. This model requires some SEO skills. The affiliate has to know how to optimize a site to get the highest click through rates. The relationship of Google to the AdSense publisher is the best example of PPC affiliate marketing.
The major benefit of PPC is that it is a virtual hands free way to earn income. Once a traffic generation system is in place, the income is almost automatic.
Pay Per Performance
The second method is Pay Per Performance (PPP) Model. This model is the more lucrative. This is also the easiest way to earn money for the new affiliate. The model pays the affiliate when a sale is made. The work at home affiliate is paid a percentage of the product selling price. Some affiliate choose products that generate $50 – $150.00 per sale. These types of percentage of sales commissions can add up quickly.
Pay Per Lead
Real estate agents, insurance agencies and law firms rely on referral marketing for sales. These industries pay for leads. In this type of affiliate relationship, the affiliate gets paid when the visitor completes a form. A realtor would pay a PPL affiliate for a referral to someone who is interested in refinancing, purchasing or selling a house.
These referral fees from PPL affiliate marketing can often be a fixed amount of a percentage amount of the completed transaction. In the case of a completed transaction, there may be a long waiting period for the money.
Whether you choose PPC, PPP or the PPL model as you core business, the most important element in any type of work at home business is the ability to market the program effectively.
When you work from home as an affiliate, all the elements for a successful work at home business are ready for the affiliate to start earning money. The only element missing is an effective advertising campaign that get lots of visitors to your website.
The simple formula is that the more people you get to your site, the more money you earn. Experienced work from affiliates use a combination of advertising methods that include:
- Google AdWords
- Article marketing
- Ezine advertising
Even though affiliate managers may state that a work from home affiliate program is free to join, there is still a cost involved. There are a few ways to advertise a site for no cost. Article Marketing and forum marketing are the most effective free methods. However, even these methods will take time to learn and implement. It is important to understand as a work at home affiliate, marketing is the lifeblood of your business.