Pay Per Click (PPC) PPC – this is the most popular type among of all affiliate marketing for affiliates with small websites. And this is the easiest way to earn money. In this type of affiliate marketing, the merchant will pay his affiliate whenever a visitor is referred to his site.

Pay Per Performance (PPP) PPP – this is the most popular affiliate marketing for the merchant. This is also the type of affiliate marketing that is too lucrative. In this type of affiliate program, the merchant only pays the affiliate when ever his referral translates into an action.

Pay-per-performance affiliate marketing – this are classified into two types, the PPS or pay per sales and the PPL or the pay per lead.

• PPS – this is the type of affiliate marketing that the merchant will pay the affiliate a certain fee whenever the visitors he has referred to the merchant’s site will actually buys something from the merchant’s site.

• PPL – this is a slight variation of the PPS type and this is often used by insurance and finance companies and other companies who are rely on leads for their company to grow. This is the type of affiliate marketing that the affiliate is paid whenever the visitors that he referred to the merchants sites fills up an application form or any other similar that is related to the company’s business.

Single-Tier, Two-Tier, and Multi-Tier Affiliate Marketing - this was based on the different levels or tiers in the affiliate network in which the payment are made.

• Single-tier affiliate marketing program – this are the type of affiliate marketing that the affiliates are only paid based on the direct sales or traffic he has referred to the merchant.

• Two-tier affiliate marketing programs – this is not only paid for the direct traffic or sales that he refers to the merchant’s site. But, in every traffic or sales referred by various other affiliates who have joined the program will also pay.

• Multi-tier affiliate marketing – this was works in the same way, but the affiliates gets additional commission for a wider number of affiliates in a different tiers in the network of affiliate.

Residual Income Affiliate Marketing – this is when the affiliates get paid not only just ones for its every customer he has referred to the merchant’s sites. It is also paid whenever the customer he has referred returns to the site and purchase another product again.

Affiliate Marketing is internet based marketing.  This is a practice of a business reward of one or more affiliates.  It is also revenue of sharing venture between a website owner and an online merchant.

Affiliate Marketing also drive traffic to another with just only using one website. This is a form of online marketing, that frequently overlooked by advertisers. Affiliates often use regular advertising methods; this will overlaps the other internet marketing methods to some degree.

I can say that this is also a great way for the website owners. It’s a way for them to earn extra money without actually doing anything. And this all involves placing an ad on the websites.
Though Affiliate Marketing has its benefits it also has its cons. But still there are many people use this affiliate marketing because people know that this is the best way to earn money online, for good and without any pressure.