Affiliate programs can be a very powerful source of income for your website and many meaning the majority of websites on the net uses affiliate programs to generate revenue from there websites and many are making lots of cold hard cash. Here are the most common terms that you will encounter with affiliate programs
-Cost Per Click (CPC) or Pay Per Click (PPC)
-Cost per thousand (CPM)
-Cost Per Action (CPA)
-Cost Per Sale (CPS)
Cost Per Click (CPC) or Pay Per Click (PPC)
The cost per click-through; the fee charged every time a user clicks on a
banner ad or HTML link. Cost Per Click is most probably the most used affiliate
program for publishers. One of the most successful affiliate program is Google's
very own affiliate program Adsense.
Cost Per Thousand (CPM)
Cost per thousand is the cost, per 1000
impressions, of buying advertising space in a given media vehicle. For example,
$50 CPM means each impression cost 5 cents. Cost per thousand is a great way to
make some revenue from your website since it pays you every time a ad has been
viewed on your webpage. This is a great program if your site doesn't have a high
click through rate.
Cost Per Action (CPA)
The Cost Per Action is the fee charged every time
a user completes a desired action, such as filling out a form, downloading
software, or viewing a series of pages. The Cost Per Action is usually a high
paying program I have seen companies wanting to pay you $30+ per lead you
generate for them.
Cost Per Sale (CPS)
The Cost Per Sale; the fee charged every time a
user completes a purchase usually a commission is earned. You can make some real
cash with CPS programs average $40-$60 for a good program and the good thing is
you don't need to control any stock or any billing.
There is a huge potential for you to make some
serious cash from your website(s) but you will have to search for the right
program to suit your website and your visitors also there are high potential in
clicks, sales or leads if you add ads that are relevant to the content on your
website pages for e.g. if your site is about cats & dogs the find ads for pet
insurance or pet care. Also to succeed in the website game you will need
visitors to your site so promote and promote on directories and exchange links
with other sites.
Good Luck With Your Online Ventures
Martin has been making a living with affiliate revenue for the past couple of
years you can by joining Martin's Webmasters Newsletter for free.
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