When it comes to affiliate marketing, there are many different types of models.
First is Cost Per Click (CPC), in which you are paid whenever a visitor clicks on your link and buys a product.
Cost Per Action (CPA) means that you will get paid whenever a customer takes an action, for example when someone fills out a lead form or downloads an eBook. Cost per acquisition (CPA) or cost per sale (CPS) means that you will get paid only when a customer makes a purchase.
Next is pay per impression, which refers to any time your ad appears before it gets clicked on; in contrast with CPM, which stands for Cost Per Mille or thousand impressions viewed by potential customers.
The final model is Cost Per View (CPV), which refers to any time your ad plays; if people see it without clicking first, they won’t have a chance to convert.
Finally, pay-per-download and pay-per registration you’ll earn each time someone converts through one of these actions—but not necessarily completes any sales. For example, if somebody registers for a free trial subscription but then doesn’t follow through and makes their next payment.
Be careful with non-conversion rewards; it can be easy to lose money!
It's also important to consider how you're going to get paid. With some arrangements, like CPCs and CPVs, you can expect payment as soon as 30 days after reaching your benchmarks while others require more planning.
However, just because other models tend to take longer doesn't mean they aren't worth your efforts!
There is plenty of value in working towards paying off loans or saving up money even if payouts come further down the road than other opportunities might allow.