The 3 basic ways Affiliates set up your payments.

The 3 basic ways Affiliates set up your payments, (For you to get paid).
•Pay-per-sale (also called cost-per-sale): Amazon.com’s affiliate program is an example of a pay-per-sale arrangement. In this arrangement, the merchant site pays an affiliate when the affiliate sends them a customer who purchases something. Some merchant Web sites, like Amazon.com, pay the affiliate a percentage of the sale and others pay a fixed amount per sale.
•Pay-per-click (cost-per-click): In these programs, the merchant site pays the affiliate based on the number of visitors who click on the link to come to the merchant’s site. They don’t have to buy anything, and it doesn’t matter to the affiliate what a visitor does once he gets to the merchant’s site.
•Pay-per-lead (cost-per-lead): Companies with these programs pay their affiliates based on the number of visitors they refer who sign up as leads. This simply means the visitor fills out some requested information at the merchant site, which the merchant site may use as a sales lead or sell to another company as a sales lead.
This is information you should know going in, now there are several other ways to get paid and you will learn those along your journey. I hope you enjoyed this list it is something I learned from howstuffworks, remember I will be sharing fantastic content from several people and systems that I am associated with in this 30 day series.  Advise from my friend…