I found a list of Strategies that people have used to make money online with affiliate marketing.
Method 1 - Direct from Advertising to Affiliate links
You run an advertising campaign and get people to actually click on the ad links to your affiliate link, thereby driving traffic direct to your affiliate landing pages.
Method 2 - Viral ebooks You write a viral ebook with plenty of affiliate links in them, then unleash them into the marketplace.
Method 3 - Teleseminars You run a teleseminar, and tell people to go to a website address which you own, that redirects to an affiliate link.
Method 4 - Podcast You record an MP3 with content, but have ads recommending a specific product during the time of your podcast.
Method 5 - Viral video Video is uploaded to video sites like YouTube.com and you make people come to your website for more. The website is a redirected domain name to an affiliate link.
Method 6 - Screencam video with redirectionYou send out video content using Camtasia Studio, but there is a URL redirect at the end of the video that leads people back to your affiliate landing page.
Method 7 - Domain name redirect You buy a domain name which is similar to a well-known product being sold, and redirect this to the actual affiliate product landing page. Misspelt words often become profitable instantly.
Method 8 - Website article You write an article and get people to click on a link in your website.
Method 9 - Email/Ezine to blog articleSimilar to #8, except you send emails or an ezine regularly to people, then you drive them to an article you write on a blog.
Method 10 - Resale rights productsYou offer resale rights to products that already have your affiliate links in them. While people make money on the front end, you make money on the back end.
Method 11 - 2-Tier Affiliate program You run your own affiliate program leveraging on the principal product creator's 2-tier scheme. You then hire more people to sell on your behalf, leading you to focus primarily on training your sub-affiliates.
Method 12 - Classified Ads - place a classified ad and run people to the site you are advertising. Many classified sites are free of charge