As a newcomer, if you want to make money online, choosing affiliate marketing is definitely a very wise decision. If you aim to achieve a monthly income of $10,000 from working at home, you cannot afford to miss out on affiliate marketing as a side project.
Today, I’m going to introduce some mainstream ways to make money with affiliate marketing offers.
1.CPI
Cost per install (CPI) is a billing model based on the number of app downloads and installations.
Common offers include games, tools, etc.
You won’t typically find this type of offer in mainstream top-tier affiliate networks, but it’s more common in less exclusive affiliate networks.
Alternatively, you can find such offers in specialized mobile-focused affiliate networks.
Professionals in this field often use advanced techniques to achieve success, with monthly revenues starting at around ten million.
However, newcomers may find it challenging to handle directly and may consider skipping it.
2.CPC/CPM
Cost per click (CPC) / Cost per mille (CPM) are two common methods of monetization in affiliate marketing.
In simple terms:
You display advertisements from advertisers on your website. Each time a visitor views an ad, it counts as one impression, and you earn revenue for each impression. If a visitor clicks on the ad, you earn additional revenue.
This method should be familiar to many, as it’s similar to the ads displayed within articles on platforms like this one. If you click on an ad, the content creator earns revenue.
Google AdSense operates on this model.
These types of offers are rare in foreign ad networks nowadays, so they can be disregarded.
They are among the most popular monetization methods for English websites.
The first two methods of monetization mentioned earlier can generally be disregarded due to the scarcity of offers. Next, I’ll discuss the more mainstream methods of affiliate marketing monetization.
3.CPA/CPL
Cost per action (CPA) is a billing method based on user actions.
These actions can include:
- Clicking on an ad
- Registering an account
- Completing a transaction
Typically, the most common action considered is registering an account. Examples include games and dating platforms, which fall under the CPA category.
CPA generally comes in two types:
- SOI (Single Opt-In): Commission is earned upon registering an account.
- DOI (Double Opt-In): Commission is earned after registering an account and verifying email.
As games and dating platforms are significant offer types in the foreign ad network field, the operations are more substantial. Consequently…
Nowadays, these types of offers have very strict KPI requirements. Although they belong to the CPA category, if you carefully review some offer descriptions, you’ll find that advertisers usually have two requirements:
- A certain proportion of active users
- Within the active users, a certain proportion of paying users
Meeting these two conditions is necessary for advertisers to confirm your performance. This is also why many students see their deposits but ultimately have their performance canceled.
Similar to CPA is CPL (Cost per Lead):
CPL involves billing based on user leads. Both CPA and CPL are now generally discussed together and referred to as “filling out forms.”
The difference between them is that CPL requires filling out more detailed information according to the advertiser’s requirements. Examples include buying cars, insurance, home decoration, home repairs, loans, etc., all falling under the CPL category.
4.CPS
Cost per sale (CPS) is a type of advertising where advertisers pay based on actual sales generated.
This is the most preferred type of advertisement by advertisers because you need to help them sell their products before you can earn commission.
For advertisers, they are actually making money because they only share a portion of the profit from the product sale with you.
So, whether it’s ten years ago or ten years from now, the market space for this type of offer not only does not decrease but also increases, with more and more offers available and advertisers increasing their annual advertising budgets.
Nowadays, most of the top-tier affiliate networks primarily focus on this type of offer.
And…
For independent websites, this is also the largest source of income, without exception.
There are many channels for promoting CPS overseas because foreign platforms are generally more open, unlike domestic platforms that block independent website links.
Any mainstream foreign platform, such as YouTube, Pinterest, Facebook, Instagram, etc., allows you to include advertiser offer links while posting content.
As long as users make purchases through your promotional links, you will receive a certain percentage or fixed commission.
