How to Set Up an Affiliate Program Online (5 Steps)

Determine the commission amount you would like to pay for your affiliates. E-commerce marketplaces typically require more commission payouts to attract affiliates. It may appear that you are getting less money by offering a higher commission payout (more than 30 percent), but the more affiliates you have, the more potential for income.
Create a website for your product and/or affiliate program. A website for your product allows affiliates to link customers back to your website, where they can make a purchase. If you have not had a website designed for your business and you are not proficient in designing one yourself, contact a freelance web designer by going to sites like getafreelancer.com or Elance.com.
Establish whether or not you are going to set up an affiliate program that will require you to handle the payouts and tracking of affiliates or if you want to have a third party affiliate program established for you. Click Bank is the largest third party affiliate program for digital products. They handle enrollment, tracking and payment of your affiliates.
Purchase affiliate tracking software. If you do not want to use third-party affiliate programs, purchase affiliate software to track and pay your affiliates. Affiliate tracking software will provide a unique link that will be given to each affiliate. When they send customers to you through their link you will be able to connect the customer to your affiliate so you can properly pay them.
Set up a plan for paying your affiliates. PayPal, a third-party merchant processor, is preferred and accepted by many affiliates. Otherwise, determine if you will send a paper check or use direct deposit into your affiliates' accounts, though they may not feel comfortable giving you their account numbers.
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How to Make Money Daily From Home

Assess your hobbies and strengths to determine what type of freelance work you should do. Though you work for clients, as a freelancer you must motivate yourself to work so it's important that you both enjoy what you do and are good at it. Writing, editing and Web development are just three types of freelance work that you can do from home.
Gather a portfolio of your best work or make one if you don't already have one. Potential clients want to see proof that you can complete the work that they contract you to do.
Divide the amount of money that you need to cover your monthly expenses by 20 or 30 to determine the minimum amount of money that you must make each day. Divide by 20 if you plan to work Monday through Friday and by 30 if you plan to work every day of the month. Divide the result by the maximum number of projects you can complete each day (for example, editing 4 articles or designing 1 website). This the minimum you can afford to charge each client.
Open a PayPal account. Clients commonly pay this way for work-at-home jobs since it allows for fast, secure money transfers without disclosing your location.
Search your local newspaper and websites such as vWorker, Elance, oDesk and Craigslist for freelance job listings in your area of expertise. Apply to every job for which you are qualified, quoting a fee equal to or higher than your minimum depending on the complexity of the project.
Accept as many projects as you can fit into your schedule. Request at least part of your fee upfront to protect yourself against clients who won't pay after you deliver the work.
Work in a quiet space in your home to help yourself focus since your productivity determines your income. Fulfill the client's requests entirely and check in often to make sure that you aren't wasting time doing work that the client won't accept. Deliver the project promptly to encourage the client to refer you to others, as well as to keep your schedule clear for more projects. Save a copy of your work to include in your portfolio.
Repeat Step 5 daily to keep a flow of clients. Though a client may enjoy working with you, since you're a freelancer it's unwise to consider him a reliable source of income.
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