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Affiliate Programs
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Making money from affiliate programs is probably the most popular way to make money on the Internet, with the majority of all websites on the Internet having some form of affiliate links to help them generate some revenue.
The affiliate links usually direct you to an online shop, where you can complete a purchase of a specific item. The website that displayed the affiliate link that generated the sale would earn some form of commission � perhaps %10 of the total transaction value.
Therefore the website displaying the affiliate link is happy, because they have just earned money directly from a visitor to their website, in the form of affiliate commission. The affiliate company is also happy because they have just generated a new sale, without having to actually do any work (except for the work involved in setting up the affiliate program).
The great thing about affiliate programs is that there are so many different categories of websites to be affiliated with, so no-matter what the topic of your website is, you will still be able to find a website to be affiliated with. If you are able to display products on your website that are actually related to the topic of your website, you will be far more likely to be able to make money as an affiliate. So many online-companies have their own affiliate programs, so you are really spoilt for choice when it comes to displaying affiliate links on your own website.
Usually most website owners decide on displaying either affiliate links or text/image advertisements. With the adverts they only tend to earn a small amount of money per click received, whereas with an affiliate program if they can just manage a couple of sales from a few hundred clicks, they will probably earn an impressive amount of money (usually more so than from just people clicking the advertisements).
The amount of money you can expect to earn from affiliate programs will completely depend on the subject of your website. In this respect, affiliate programs are quite similar to other advertising programs, in the sense that some categories are more lucrative than others. For example, if you have a gambling related website and joined an affiliate program, you could earn around £20 per sale. However, if you had a celebrity pictures website, you might think a program like a mobile-phone ringtones program would suit the site. This would probably earn you around £2 per sale. If you had a football website you might display affiliate links to an online football shop. This will probably only earn you around %5 of orders made from the affiliate links on your pages, which would probably only translate to around £2.50 per sale. Therefore the amount of money that you could earn from affiliate programs will depend entirely on the category of your website (as well as the popularity of your website, obviously).
If you find a website that you would like to be affiliated with, it is best to go directly to that website and have a look at some of the links on the site. Sometimes you will find that a website has its own affiliate program directly on their website. In this case you will simply fill in the application form on their website, and wait to see if you are accepted into the affiliate programs.
Some websites might not appear to have their own affiliate programs, but if this is the case there is still a high chance that they do have an affiliate program, but that they are members of an affiliate portal. This basically means that they use a third party to manage the affiliate program. Popular affiliate portals include Commission Junction and Affiliate Future. These websites contain thousands of affiliate programs, which you can apply to join simply by opening an account with the affiliate portal website.