How Many Types Of Affiliate Marketing Are There?

types of affiliate marketing

It is a complicated world. Just when you thought making money non traditionally has become easy due to technology advances. It may be surprising to some to find out how complicated affiliate marketing can be. That is why you need to know how many types of affiliate marketing there are in the world.

Affiliate marketing is not as simple as buying a website and creating a blog. There are many different types of affiliate marketing and it is not limited to just different platforms. To find out the answer to the question, all you have to do is continue reading our article. It has the information you need so you are aware of what affiliate marketing involves.

Types Of Affiliate Marketing

The experts say that there are only 3 types of affiliate marketing. They are as follows

– reward
– traffic source
– platform

These three types are broken down into more sub types that make understanding affiliate marketing a little complicated. Each of these types have their pros and cons which can make working within their boundaries a little risky as well as very rewarding.

1. Reward Type

It has two sub categories and they are:

1. Bonuses from services
2. Services

2. Traffic Source

Again there are two sub types to this category.

1. Traffic arbitrage
2. Own platform

Own platform which has several sub categories to it. These extra divisions are known as: website, blog, forum , and social network account/group.

3. Affiliate Marketing Platforms

This category comes with 3 sub types and you may be more familiar with them.

– The first is CPA network also known as cost per action network.
– Second is affiliate network that is a bit more sophisticated.
– Finally the third sub category is direct affiliate. You are in charge and provide the tools your affiliates need to do their work

Which one you choose to work within is up to your talents and business senses.

The Different Types Of Affiliate Marketers

Affiliate marketing is not made up of just the above types of affiliate marketing. There are also the different types of affiliate marketers that play a large role in business success. Here are the different types you will encounter if you want to be an affiliate marketer or have one work for you

1. Webmaster

This group either own their own websites or build websites for others. They are found on different affiliate marketing platforms and you can contact them directly if you need their services.

2. Search Affiliates

These are very business minded people who are using their own money to create a high rate of investment. The problem is to in making sure they follow the rules.

3. Bloggers

They post a lot of information online for you. Their comments and reviews help generate traffic for your business. One of the best groups to work with is called the mummy blogger group.

4. Coupon Sites

These affiliate marketers help people save money while getting more business for you. They usually have an established audience that can take advantage of any coupons you send out through these sites.

5. Review Sites

There are many affiliate marketers who like writing reviews of different products. You may recognize their work as their headlines read the top 10 best or the top 15 best and so on. The affiliate marketer gets a commission when one of their audience members click on the affiliate link given to them by the different vendors

6. Loyalty Portals

The companies that have this affiliate marketer option have an established audience which they allow you to tap into through publishing your ads. These portals help create more traffic for your business

7. Incentive Programs

The traffic you get increases through these programs but the quality of that traffic may not be all that desirable. It is a risky venture as you may not generate a lot of sales or cash but you will get a lot of traffic

8. eMail Marketing

This is self explanatory as all you are doing is hiring marketers to send ads to the people on your e-mail list. The trick here is not to violate the rules laid out by Can-Spam. If you do violate those rules, you may have some extra problems on your hands

9. Traditional Media

Yhere is where you might be implementing your CPA affiliate marketing type. To get started you have to make a proposal to the print and electronic media and create a contract

How Many Types Of Affiliate Marketing Are There? Pros & Cons

Pros

generate more traffic to your website or business
get your products in front of more eyes
create your own conditions and rules
more flexibility in the reward system
you get more control over the situation
more options for co-operation
opportunities to negotiate working relationship

Cons

lots of effort to find the right affiliates to work with
affiliate programs may be too limited in attracting top affiliates
fewer traffic providers to work with
create more work for yourself than necessary
hard to monitor affiliates
no sales guarantee working through affiliates
competition for affiliates is high

How Many Types Of Affiliate Marketing Are There? Some Final Words

Now that you know the different types of affiliate marketing, you can make some better, more intelligent decisions. The key will be to do your research and see which type will work with your business or affiliate marketing business plan.

Also, you need to remember that working through affiliates is not going to guarantee that you get sales. Affiliate types are merely the traditional salesman in a different uniform. Like traditional salesmen, they will make their pitch and try to convert the customer into a paying customer.

Using any of the affiliate marketing types is risky, but if you do not do it then you may not make any sales either. How many types of affiliate marketing are there? More than enough to help your online business generate the traffic it needs to survive. Do your research and make sure you find the right affiliate marketers to work with. Or the right affiliate programs to work with.

How Many Types Of Affiliate Marketing Are There? Related Video

Why Boomers Should Blog For Money

baby boomer statistics

Everybody is doing it! Well maybe not everybody and you should not be a lemming. That is why you should consider why boomers should blog for money before you set out to create a blog.

These reasons are compelling and legitimate.

All it takes is a few minutes of your time to look at these reasons and see if blogging for money is right for you. What do you have to lose? You never know. You may find a good reason that motivates you to start a blog for money.

Reasons To Start A Monetized Blog

You may be blogging already. The next step is to upgrade your website and allow it to be used for revenue instead of just likes and shares.

Take a look at the following reasons. See if they are compelling enough to motivate you to monetize your website with a blog. Maybe create one so you can enjoy your senior years like you did when your young adult years.

1. Your Pension Is Not Going To Be Enough

Yes, the baby boomer generation has been declared the richest generation of all time. BUT that does not mean every member of this generation has more than enough money to cover those retirement years.

You are going to need a second income to add to your pension and a monetized blog may just be the ticket. Besides, you can do it from home so you do not have to face that morning commute

2. It Builds Your Self Worth

Retirement is a big change of life event. Many people lose their identity and their self worth when they have to retire at age 65 or 70. Having a new path to move into helps you keep your identity and makes sure you feel good about yourself.

You won’t be a burden on your children. Remain independent longer. You will be able to cover any emergencies that arise that normally would cripple you financially. Also, you can show your grandchildren that life doesn’t stop when they reach retirement age.

3. It Gives You Something To Look Forward To

Before you retired you could look to your job as a reason to get up in the morning. Your job gave you purpose and meaning.

Monetizing your blog, or starting one, can do the same thing. You can go to bed each night looking forward to what the next day will bring. As you have new challenges to overcome, and new rewards that make life seem worth living, a blog can help you achieve that.

Too many retirees die too early as they do not know what to do with themselves once they retire. You can avoid that scenario by blogging for money. You have something to keep you going each day. You can still make a good contribution to your family and life.

4. There Is A Large Boomer Audience To Sell To

This is something you should really consider. The richest generation has about 90% of its people shopping online. That is a huge market to tap into and you already know the generation lingo. No adapting to younger minds that do not think like you.

Plus, targeting your own generation creates great marketing strategies. You already know what they have been through as you have lived it. Building bridges to your boomer audience will be easier than ever.

5. The Start Up Costs Are Minimal

This is a good reason to start blogging for money. There is little risk to you and your financial security. If the plan doesn’t work out you are not losing a lot of money. The key is to make sure you know what you are doing and can get all the tools and supplies you need at low costs.

Find experienced bloggers to consult with and test the waters. You may tap into something that continues to give you self worth and independence.

Blogging For Money Taps Into Your Strengths

It is hard to retire after 45 to 50 years of working hard. Sometimes people feel like they and their experience are being put on a shelf in a museum. It is only to be looked at by curious members of the younger generation.

One thing that blogging for money does for boomers is let them use their experience, their education and their business sense to a greater degree. You can use your seasoned judgement to help younger businessmen and women succeed by helping them avoid the mistakes you made.

Retirement is not a time to sit back and just watch yourself grow old. You still have the intelligence, the drive and the ability to make a contribution to society. It just takes being a little innovative and some technological savvy to repurpose yourself.

Life Lessons

Think about all the lesson you have learned and how those life lessons could be used for a positive influence on younger business people who have not been in business long enough to learn what needs to be learned.

Blogging for money helps you tap into those strengths and lets cooler heads prevail when business heats up. The impact you can make is vital to the success of younger people and in time they will be able to pass on what they leaned from you to those that follow them.

You get an opportunity to create a legacy that feel in previous generations had.

Why Boomers Should Blog For Money Some Final Words

You may not feel like you are ready to retire. Yet, it will happen and you should prepare yourself for that coming event. Blogging for money lets you continue to be a positive contributing member of society while still being able to enjoy your golden years. You are never too old to take an adventure that is rewarding and meaningful.

Why boomers should blog for money? The answer to this question is simple. It is to keep you alive, thriving and independent. It also allows you to be an positive influence on those younger generations that seem lost and do not know what to do with themselves. Consider the reasons and make your decision.

Why Boomers Should Blog For Money: Related Video

We make a case in this video as to why baby boomers should start a blog of their own. The crazy thing is you can pay someone as little as $5 to set it up for you.

You can hire a writer who posts and publishes too. This really makes blogging very hands off if you want to do it that way.

Do Boomers Get Paid Quick On Affiliate Marketing?

Do Boomers Get Paid Quick On Affiliate Marketing?

Some affiliate programs pay faster then others. Instant pay programs using PayPal are sweet. Do boomers get paid quick on affiliate marketing?

Its all about the money. That is why people get into business. They want to make more money than they currently are. The answer to the question do boomers get paid quick on affiliate marketing is unless they know someone in the accounting department they will be paid like everyone else.

How Do You Get Paid In Affiliate Marketing

Every affiliate marketing platform or program has their own payment method. Some are unique while others stick to the same options as their competitors. Then some programs pay by the percentage while others pay you in actual dollars.

Amazon, one of the lowest commission rates out there, pays around 4 to 8% per sale. On low ticket items that does not amount to much. Other companies may pay you $40 on a $200 sale and less for lower sales amounts.

It all depends on the program you are signed up with. The good thing about these programs is that you get to choose which products you will represent. That means you have a say in how much you will be paid per sale.

The trick here is to represent those products you think will generate the most sales and pay you the biggest amount over the time you represent those products.

The Different Payment Options

As we have already said the different affiliate programs have different ways to pay you for your sales work. Here are a few of those methods:

1. Pay per sales. This is the traditional salesman commission payment. You are either paid by a flat percentage rate or a flat dollar fee. This is just like a traditional salesman in a department store or car dealership. Your account is credited with each sale you make and then you can extract that money after the threshold has been reached

2. Cost per lead. Is a little better than the first option because you do not have to make a sale to get paid. You just have to get people to click on the link and sign up to a free trial or other option. The company wants leads more than anything so they are willing to pay for that help

3. Pay per click. Similar to #2, this is where you get paid a small amount for every time one of your website visitors click on your link. They do not have to sign up for free trial or anything.They just have to click on the link.

4. Mixed payment plans. This is where the affiliate program pays you more than once for a series of transactions. What that means is that you may get paid for the lead or click, then paid again when the sale is made.

Affiliate Marketing Thresholds and Payment Methods

Even as a baby boomer you cannot escape these two aspects of affiliate marketing.They are a part of every program and there are not changes to the rules for different generations.

In other words you as a baby boomer will be paid n the same manner as a millennial. Here are a few of the payment methods used by affiliate programs:

You are paid by company check- this is a standard business options as it helps with their bookkeeping and gives the company a paper trail to show their stockholders how they are spending the money.

Wire transfer- Can also be done if you give them your bank details.

Pay Pal or similar outlets- This is usually the quickest way to get paid and it is convenient for both you and the company
Gift card- some companies do not like to pay in cash and use this method to save money

Payment thresholds are a little bit different. The above just tells you how you can get your money and if you are with a reputable firm then you should have no problems. The problems come in when you hook up with a bad vendor or company.

Thresholds Defined

There are two classifications that define this term. The first is the minimum amount of money you need in your account before the company will send it to you. Like commissions, these thresholds are determined by the program not you. Unless they give you a choice.

The minimum amount can be set as low as $10 or as high as $200. Once you have made that much money you can get paid. The second classification is time interval. The payment may be sent to you after one month, 2 months or even quarterly.

Some companies do a one or two month hold back before releasing the money. There are several business reasons why they do that and if you need the money quickly, you may need to find another program to work with.

The rules and terms are all spelled out for you before you sign up. Look these over carefully as the baby boomer is not going to be an exception and they will not get paid any faster than the rules stipulate.

To make a request to get paid all you have to do is go to the program’s dashboard and click on the button for payment. Sometimes it is a $ and after pressing the button, follow the instructions.

Do Boomers Get Paid Quick On Affiliate Marketing? Some Final Words

Getting paid is a very rewarding experience. It can mean a job well done or simply a paycheck to help you cover extra bills and so on. Plus, you get a good feeling when you are paid for your services.

In affiliate marketing, like traditional stores, the terms of payment are already set up and all you have to do is agree to them and you will be fine. What you need to concentrate on is getting sales or clicks.

Do boomers get paid quick on affiliate marketing? No faster or slower than anyone else who participates in these programs. If you pick the right company then you may be paid quicker but only according to the rules laid out in the affiliate marketing agreement.

Do Boomers Get Paid Quick On Affiliate Marketing? Related Video

In this video we talk about how and when affiliate programs such as Google AdSense, Amazon, and JV Zoo pay you.

Is Starting An eCommerce Business Hard For Baby Boomers To Do?

sell crafts online

Is starting an eCommerce business a hard thing for baby boomers to do? Not really. There are many different ways to get started including drop shipping. More and more baby boomers are looking at starting an online business of their own as a way to earn more money in retirement. Unless it is a better …

Read moreIs Starting An eCommerce Business Hard For Baby Boomers To Do?

Is It Hard For Boomers To Start An Online Business?

Is It Hard For Boomers To Start An Online Business?

Many people avoid starting their own online home business because they think it is hard. Nothing could be further from truth, especially for baby boomers. The baby boomer is generally categorized as being born between 1945 and 1958 or 59 depending on which statistic you believe. That puts the youngest at 61 or 62 years …

Read moreIs It Hard For Boomers To Start An Online Business?