Affiliate marketing is all about getting the right offer in front of the right audience, but that doesn’t happen by luck. It happens through smart media buying strategies. Media buying is the process of purchasing ad space across digital platforms, and it’s becoming one of the most powerful strategies in performance marketing.
With the rise of trends like programmatic ads and AI in media buying, brands now have more control, flexibility, and data than ever before. But while the tools have become more sophisticated, the challenge remains the same: How do you maximise ROI?
Here’s the catch: the return on investment (ROI) depends heavily on the payment model advertisers choose. Are they paying per click, impression, lead, install, or sale? Each model carries its own risk, reward, and optimisation strategy.
In this guide we simplify media buying into two main topics: Platform-Based Media Buying Models, which focus on where ads appear (like social media, search engines, and display networks), and Performance-Based Media Buying Models, which define the payment model, how costs are calculated based on impressions, clicks, leads, or sales.
Understanding these models will help you choose the best strategy to maximize your ROI based on your budget, target audience, and business goals.
Media buying is the strategic process of acquiring advertising space to promote offers, drive traffic, and achieve measurable marketing goals. In affiliate marketing, it’s a critical component for reaching the right audience at the right time with the right message. Success in this area doesn’t come from guesswork; it comes from making informed decisions about where your ads appear and how you pay for them.
At its core, affiliate marketing is performance-driven. You only succeed when your traffic converts, whether that means a click, a lead, or a sale. It gives affiliates the control and flexibility to select traffic sources, optimize delivery, and scale campaigns. Moreover, it ensures that your advertising efforts are aligned with clear goals.
Choosing the right platform is key to a successful affiliate campaign. Let’s look at the major platform-based models and how they help drive ROI:
Search advertising involves purchasing ad placements on search engines like Google and Bing to target users actively searching for products or services. These users typically have high purchase intent, making search ads highly effective.
Industry-Wise Average Conversion Rates (CR):
To maximise performance, affiliates can strategically target different types of keywords based on user intent and campaign goals. For instance, generic keywords are broad, industry-related terms that reach users in the awareness or research phase. A skincare brand might bid on phrases like “products for oily skin” to attract users exploring potential solutions.
On the other hand, brand + generic keywords combine the brand name with a product-related term to capture high-intent traffic. A coupon website, for instance, might target “Karma Ayurveda Coupons” to reach users already interested in the brand and looking for the best deals.
This model includes running paid campaigns on platforms such as Meta (Facebook and Instagram), Snapchat, Twitter, and now LinkedIn Sponsored Posts. It allows precise targeting based on demographics, interests, behaviors, and even past actions.
This method is ideal for affiliates running campaigns in lifestyle, beauty, fashion, and personal finance, where visual storytelling and engagement matter. For example, an affiliate promoting a credit card offer can use Facebook Carousel Ads targeting young professionals aged 25–35 who recently searched for financial products.
Native ads are designed to match the look and feel of the surrounding content on websites or apps. Rather than appearing like traditional ads, they resemble editorial content or recommended articles, which often leads to higher engagement and trust.
Popular native platforms are Taboola and Outbrain (content recommendation widgets on premium publisher sites), and Yahoo Gemini (Native ads within Yahoo’s content properties).
For example, an affiliate reviewing tech gadgets can place a native ad on a news site recommending a “Top 5 Budget Smartphones in 2025” article that includes affiliate links to partner stores.
Display advertising includes visual and interactive ads (text, banners, videos) shown across websites and apps. This category offers a wide variety of ad types, allowing affiliates to choose formats that best match their campaign goals.
Common Display Formats:
Choosing the right model of media buying is important to affiliates who aim to maximise their ad budgets and achieve optimum conversions. There are models appropriate for branding purposes, and some are more suitable for performance-oriented campaigns. The key here is knowing what model works with your strategy and how it will impact your bottom line.
CPM, or “cost per mille” (mille is Latin for thousand), is a purchasing strategy where the advertisers are charged per 1,000 impressions of an advertisement, whether the user has clicked on it or not. This works best for brand awareness campaigns as it allows companies to reach masses at once. It is best suited for high-traffic sites and high-end publishers where visibility is key. However, one of the largest disadvantages is that there is no assurance of user interaction or conversions.
Advertisers will pay for impressions that don’t necessarily convert to actual interactions, so it is a dangerous bet for those in performance marketing. CPM campaigns are also very susceptible to fraud because ads are shown in placements where users have no chance to see them, resulting in ad waste.
CPC (cost per click) is a more performance-driven model where the advertiser only pays when a user clicks on the ad. This guarantees that some form of engagement has occurred. CPC is appealing because it can be accurately targeted at an audience, and if done correctly, it can be a scalable and effective process. Advertisers pay only when someone indicates interest by clicking on the advertisement, avoiding unnecessary ad expenditure.
Click fraud still poses a challenge, though, as either competing bots or disreputable competitors might generate artificial clicks that inflate expenditure without producing genuine conversions. Moreover, excessive competition will drive CPC charges up, meaning that certain niches are too costly. Though CPC guarantees interaction, a click may not always be a conversion, so additional optimisation is needed to enhance ROI.
Cost Per Lead (CPL) is a popular model in affiliate marketing where advertisers only pay when someone shares their contact details. This could be filling out a form, signing up for a newsletter, or requesting a callback. It’s a great way for brands to find potential customers without paying for clicks or views.
CPL works especially well for businesses in industries like finance, insurance, and B2B services. These areas often need to collect leads before making a sale. Since users willingly give their details, it shows they are truly interested. This means better chances of turning those leads into actual customers.
CPA (cost per action), CPE (cost per engagement/event), and CPS (cost per sale) are all pay-for-performance media buying platforms where advertisers will only be billed when some desired action has taken place. These models reduce risk for advertisers a great deal because they only incur costs for measurable outcomes like the user signing up, interacting with content, or buying something. Because payments rely on actual conversions, these models have a better ROI potential than CPM or CPC. These models are good fits for affiliate marketing objectives where performance is everything.
However, CPA deals may be declined by certain media partners owing to risk factors since they earn money only when the conversions occur. Plus, there’s always fraud in the back of their mind, particularly if poor tracking has been implemented. Despite the fact that these models call for more prolonged optimization phases, they still top the list among the most coveted options by the revenue-based affiliates.
CPI (cost per install) is most widely applied in mobile ad campaigns, where an advertiser pays when a user installs an app using a particular ad. CPI is highly effective for app-based affiliate programs and serves to pay the advertiser only when a direct install happens. CPI campaigns can be very effective with targeted user acquisition campaigns.
Fraud is a serious concern in this category, as there are some affiliates who make money by creating bot or install arm fake installs to earn commissions. Furthermore, though acquiring users is half the battle, retention is still a problem. There are many CPI campaigns that fail to deliver due to low-quality users who download an app but do not use it, so quality needs to be more important than quantity.
CPV (cost per view) is primarily utilised for video advertising campaigns where advertisers pay according to the views their advertisement gets. This model works best for brand awareness and video engagement campaigns. YouTube provides CPV advertising to enable businesses to reach their audience through engaging video content.
CPV may be a cost-effective way to increase engagement, but conversions are not guaranteed. Because marketers pay for views that don’t result in meaningful actions, poorly optimised CPV ads can be expensive. Furthermore, view-through rates frequently don’t indicate genuine interest. Therefore, it’s critical to examine user activity beyond views.
Selecting the best media buying model is crucial to maximising return on investment and making sure your affiliate marketing initiatives complement your corporate objectives. Assessing user intent should come first. If you’re targeting users actively searching for solutions, like insurance, credit cards, or tech products, search ads (Google, Bing) deliver high-intent traffic that converts well. For visual or interest-based promotions, social media (Meta, Snapchat, LinkedIn) is a better fit.
Consider traffic volume and conversion potential. Pop and push ads can generate massive reach at a low cost but typically bring low-intent users. In contrast, in-app and video ads can be more engaging and conversion-driven, especially for app installs and limited-time offers.
The budget also plays a key role. CPC and CPM are suited for larger budgets focused on brand awareness, while CPL, CPA, or CPI work best for performance-focused campaigns with measurable ROI. Your campaign goal, be it lead generation, sales, installs, or engagement, should dictate the model you choose.
At vCommission, we don’t just help you pick a media buying model; we empower you to make the most out of it. Our affiliate network supports a variety of performance-based models like CPA, CPL, CPS, and CPI, giving you the flexibility to pay only when you get real results, be it a lead, sale, install, or action. This performance-first approach ensures your ad budget is spent efficiently with clear, trackable ROI.
Depending on your campaign objective, we recommend tailored platforms and formats. Promoting a finance product? We help you leverage search and native advertising for high-intent lead generation. Launching a mobile app? Our CPI campaigns across in-app and push ad networks ensure installs at scale. Running an e-commerce campaign? CPS or CPA, through display and social ads, delivers measurable conversions with controlled costs.
With vCommission’s in-house tracking tools, fraud detection systems, and publisher network, every campaign is backed by data and transparency. You get access to top media partners, real-time insights, and hands-on support to test, optimise, and scale what works best.
Join vCommission today and experience performance marketing that’s built for ROI!