In the case of cost per mille/click, the publisher is not concerned about whether a visitor is a member of the audience that the advertiser tries to attract and is able to convert, because at this point the publisher has already earned his commission. This leaves the greater, and, in case of cost per mille, the full risk and loss (if the visitor cannot be converted) to the advertiser.
Once your hosting is set up, you need to install a content management system (CMS) for your site. We recommend WordPress because it is easy to use and a beginner (like you!) can quite quickly figure out how it works. Most good hosting providers will have a one-click install option for WordPress, which means it will only take you a couple of minutes and you will have WordPress installed on your site. 
Thanks for reigniting my spirit bro. Affiliate marketing is the game changer when it comes to making money on your blog.I neglected it at the start but now i really see it as a necessity. In 5 months i have earned twice waht i made with PPC(Adsense) to be precise. Selling poducts and getting commisions brings the highest cash. Will be around some other time to check out your write ups. Hope to see you on my blig some day too. Cheers.
The frequency and method of payment vary as well. Most programs pay their affiliates monthly, although a few pay more frequently. Some require that affiliate earnings reach a specific threshold, which can be as low as $25 or as high as $100. Some programs don't have a threshold. There are programs that pay through direct deposit into your bank, but a vast number pay through PayPal.
Some advertisers offer multi-tier programs that distribute commission into a hierarchical referral network of sign-ups and sub-partners. In practical terms, publisher "A" signs up to the program with an advertiser and gets rewarded for the agreed activity conducted by a referred visitor. If publisher "A" attracts publishers "B" and "C" to sign up for the same program using his sign-up code, all future activities performed by publishers "B" and "C" will result in additional commission (at a lower rate) for publisher "A".
Whenever advertisers look for direct display ads or sponsored post ads on any blog or website they usually look for the metrics as those are the only signs via which one can get idea about the quality of website before even contacting with the owner. Getting targeted visitors via traffic generation tool will improve the rank and the rank will help you to get more advertisers who will pay you.
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