1. affiliate programs has four main corner stones: merchants

1.    
Affiliate
and Sponsored Content:

Active
Blogger, YouTube Creators and Fan based pages on Facebook and Instagram,
Client’s E-mail Database holders are most suitable for this mode of passive
income sources.

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now

Selling
products in the real world market is even harder than actually manufacturing
the product. So this is where performance based marketing networks such as Amazon
Associates, Click bank, eBay comes to play. These affiliate programs has
four main corner stones: merchants (whose products needs to be sold,
e-retailer, company), networks (play as intermediate between merchants and publisher,
controls payment model, provides product selection), publisher (one who
actually advertise the products over his channel) and lastly the customers (one
who buy the product, king of the market).

These sites
generally have a well maintained database of the products to be sold, detailed
sale reporting, special discounts, sale tracking and detailed pay-outs. An
affiliate can choose any product from the database and post in over to his media
(site, channel, pages, email etc.) via affiliate URL provided. There are four
primary model of payments.

a)     
Cost per Sale: It is a low risky, high profit
revenue model used by the marketer to attract a huge amount of new customers
using publisher’s channel.

b)     
Cost per Action: The marketer pays the publisher
over the click, impression, sign up or required action to be performed by the
customer. This model of payments has very low returns.

c)      
Cost per Click: The publisher get paid each time
a customer clicks on the web site on the ads.

d)     
Cost per Mile: This is also called “cost per
thousand advertising impressions”. Generally Radio and TV based ads are based
on this payment model.

These
networks provides its affiliates with a commission on each product sold from
their sites.

What you have
to do?

After signup
on any affiliate website search for the products you want to market among your
audience get the affiliate link copy it and paste it over to our blog or
YouTube video description. Now you are all set, each time as per revenue model,
when preferred action is performed by the customer you get your commissions. You
can also endorse the product in your content by reviewing it. But remember to
choose only those products you have used and have a good opinion about. If you
cheat on your audience they will all leave you alone and lose all credibility
.So be careful.

Sponsored Content are similar to the
affiliate marketing except the fact that there is no network model used here.
The interested company straight away have contacts the media creator based on
the demographic of audience and topic of the content created. They will also have
all direct dealing with the creator for endorsing them. This could in turn
generate a huge difference in the commission you will earn. Best example of
sponsored content in video are of Pew die Pie endorsing Disney games.