Step 1 - Selecting A Network

Find A Reliable & Trustworthy network. Most networks have a $100 minimum threshold and payout via paypal/check or wire transfer.

Step 2 - Choose An Offer

Within that network choose a LOW PAYING offer. A lot of you will ask why even promote an offer that pays $1.20?
Because these offers convert the easiest being an email submit, download or perhaps a zip submit. Keep in mind low paying offers have the potential to do
huge amounts of volume. Most if not all email submits give something away for free being the case the opt-in rate/click thru rate are 10-15% higher than just selling a product.

Step 3 - Angles

Once you chosen an offer write down at least 10 ANGLES on how to promote it. We'll call this offer we chose the IPhone 5S Giveaway with this offer payout is $1.20 per email submit.

Here are my 10 Angles:

1. Enter To Win An IPhone 5s Before They Are Gone.
2. Claim Your IPhone 5s Before Someone Else Does.
3. Receive Your IPhone 5s Before Its Too Late.
4. Get Your IPhone 5s In As Little As 2 Days
5. Don't Miss The Opportunity to Get Your Iphone 5s
6. Free Iphone 5s for a limited time only.
7. Iphone 5s Giveaway Quantity Limited
8. Low in Stock IPhone 5s Giveaway
9. 3 Iphone 5s Remaining Claim Yours Now
10. You Have 2 Minutes To Claim Your Free IPhone 5s

Step 4 - Traffic Source

This is an important step CHOOSE the right traffic channel.
If your promoting an email submit some channels to look into are:

1. Redirect Traffic
2. Emails
3. Social Media think Facebook and plenty of fish.

For a newbie I would stay away from 7search/Bing and other PPC services until you have a bigger testing budget. Why ? Because with other PPC services you have to spend a decent amount of money weeding through sites and blacklisting those with bot clicks and fraudulent traffic.

Step 5 - Running A Test Campaign

What we want to do now is run a test campaign to see if the offer can convert by itself without a landing page. This is known as direct linking. For traffic sources that do not allow direct linking what you can do is "Iframe" the offer via your website/webpage. For a $1.20 offer I usually test with $20. The point of this test is to see if you can get any conversions. If you get 0 then drop the campaign completely. If you breakeven all the better but expect this campaign not to be profitable as your investing in DATA.

Step 6 - Landing Page

Once we found that offer converts well by itself we want to do whatever we can to increase the conversion rate. By having your own landing page you have more control in that you can track in depth + presell the user. In creating a landing page don't over complicate the process. If the offer is a free iphone include a deadline this increases the urgency for the user to act.
You can also enter your own email submit form to capture this user and constantly remarket in the future.

Step 7 - Profitability
You have your network, your offer, your angles, your traffic source and now your landing page. Run your offer and keep optimizing landing pages. Test Genders, Test Time, Test Colors, Test Buttons, Test Test and Test some more until you have 500% ROI. You can be rich in affiliate marketing just don't focus on too many things at a time.

How does this equate to $100+ a day? Easy all you need is 84 conversions a day to hit that daily $100 milestone.

CPM $20/$0.46 Per Thousand Impressions = 43,000 - (1.9%CTR) = 817 Clicks - 10.5% CR = 86 Conversions Per Day. Remember freebies/sweepstakes/giveaways ALWAYS have a higher conversion rate compared to selling a product or asking users to pull out a credit card.

PPC $20/$0.02 = 1000 clicks - 10.5% CR = 105 Conversions