The main idea of affiliate business is that you are promoting someone else products or services. If there is a transaction based on the agreement it means you will have commission. In the beginning, affiliate business is only limited on the product promotion from the affiliate businessman to the customers.
If there is someone buying the products from your affiliate link it means you will get some amount of money as the commission. In the next development, there is also a significant development in affiliate business and nowadays the activity is not only limited in the selling process only. There are several types of affiliate business, which are:
1. Pay Per Sales (PPS)
Pay Per Sales is considered as a traditional affiliate. In this affiliate, you will get a commission or payment if you can sell your affiliate products from your affiliate link. You can take Amazon Associates, Clickbank, and PayDotCom as the example of PPS business.
2. Pay Per Lead (PPL)
Pay Per Lead is a kind of affiliate business in which you will get your payment or commission if you are successfully ask someone to join a specific program from your affiliate link.
3. Pay Per Action (PPA)
Pay Per Action (PPA) is a kind of affiliate business in which you will get your payment if you are successfully asking someone to do something based on the requirements from the affiliate link.
The activities can be very specific and it has their own parameters which have to be completed. For example, you are successfully asking someone to fill a specific survey, download specific software, and many more.
Although it looks similar, you need to have different type of skill to run those affiliate businesses above. For that reason, it is a must for you to learn about the system of the affiliate before following it.
You also need to make sure that you have sufficient skill to do the affiliate business. Just remember what Sun Tzu told us “A wise general will always try to make his troops strong first (physically or morally – based on the need) before attacking their enemy.”
It will be great to have correction and additional information from you.