Affiliate Marketing

Affiliate marketing is a system where you post specific links or ads on your pages, and you get paid every time someone not only clicks on it, but signs up for the program. Because they have to sign up for the program for you to get paid, the payout is often quite higher than the AdSense, paid per click payouts. For example, as you see to the right, I have posted some affiliate ads, one is for 000webhost.com and another for inboxdollars.com. If someone clicks on inboxdollars, and signs up for their program, both they and I get paid $5. Once you are signed up you can post the same links on your pages as well.
Affiliate marketing and multi level marketing are very similar, an affiliate marketer simply is more Internet based. You are like a sales man as it were, selling the service the web page is offering. Once again, this can be tricky, it takes time, you have to look at it like a job, if you spend 40 hours a week just posting links in blogs and forums and anyplace you can, you possibly could drive a great deal of traffic to your site, and or links. To make decent money, enough to make a living off of it however, you should use a combination, as I do, of affiliate links and other services like AdSense.
Of course you would not really want to simply spam the ads all over the place, what you need to do, to really do well with affiliate programs, is to create a web page about something you are very much into, and knowledgeable about. Then, just like you would with AdSense add the affiliate links to the site. When the link is for a specific product, you may start a page all about that one product then add a link for it on the page.