How can I make money referring new affiliates to an affiliate program in the future?
A two-tier affiliate program works like magic in this situation!
Affiliates are becoming more intelligent every day.
As a result, affiliates nowadays are aware of the distinctions between the various forms of traffic for which they might receive payment.
There are numerous definitions, including CPM, CPC, CPA, CPL, and CPD.
CPM stands for impressions, where the publisher (the owner of the website) is compensated each time a banner is displayed.
CPC stands for cost per click, and it refers to the practice of paying a publisher (or email marketer, or other marketer) each time a banner or text link is clicked.
The word “performance marketing” refers to the collection of all other payment methods; it is also where the term “affiliate” is most frequently employed.
A marketer that uses a number of techniques (including displaying banners or text links on their own website, purchasing sponsored listings on search engines, email marketing, and many more techniques) to direct people to another website receives payment only when an action is taken.
This action can take many different forms, including a download (CPD refers for Cost per download), a sale (CPS stands for Cost per Sale), a lead (CPL is for Cost per Lead), and many others.
CPA (cost per acquisition) is a word used by some in the Internet sector to refer to performance-based marketing, while it is also occasionally used to refer to particular campaign types, like leads or sales.
The remainder is simple to understand now that the challenging element has been overcome.
An action can be a lead, a sale, a download, or any other kind of action that the advertiser desires. The affiliate is compensated for delivering visitors to a specified landing page where an action occurs.
As an illustration, some advertisers want to expand their databases so they pay for each opt-in email address they receive.
Other advertisers want leads from particular areas so they pay for zip codes and then attempt to persuade the visitors to fill out a more detailed lead form after entering their zip code.
The fact that the affiliate is compensated when an action occurs is the common denominator.
Finding new marketers to sign up under you to do EXACTLY what you are doing — sending traffic to various offers and getting paid when the visitors take some sort of action — is the definition of a two-tier affiliate program.
That being the case, why would you want additional marketers to register under you to advertise the same offers?
Any offer on the Affiliate Network can be promoted by Mark.
The best part is this, though.
John receives a portion of any sums paid to Mark that are in excess of what Mark is paid.
Therefore, if John refers Mark and Mark receives payment of $1000 in Month 1 and the 2 Tier Affiliate program pays 5%, John will receive $50.
But it gets great still…
Some 2 Tier Affiliate Networks give commissions for LIFE.
Therefore, John receives a referral commission FOREVER rather than just for a month or a year.
John may just sit back and collect the checks as he introduced Mark if Mark develops into a terrific affiliate and begins producing HUGE commissions every month.
When looking for affiliates to join beneath you on 2 Tier Affiliate Programs, keep these three factors in mind:
Is the affiliate network or program reputable, does it have accurate monitoring so your referrals are tracked correctly, does it provide worthwhile campaigns and offers for affiliates to promote so they truly make money, and does it make timely payments?
What portion of the sums that your referrals receive in compensation do they pay you on, assuming the affiliate program or network is reliable?
Since every program is unique, it is important to compare them all to determine the industry norm.
How long will you continue to get referral fees?
There are various variations between those who pay for a month and those who pay for their entire lives.
So do your research and select a 2 Tier program that will pay you for the job you accomplish now well into the future.