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Can anyone explain CPA networks to dummies?

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A CPA network is a cost per action advertising network. They pay publishers when a visitor does something (does an action) like for instance click on an ad. In this case, it becomes CPC (or cost per click) or they could also pay publishers if the click converts to a sale wherein it becomes Cost Per Conversion. :)

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I've read the basic description, but I still feel kind of confused... 

I know it's cost per action. And I know this means anything from signing up with your e-mail, clicking on an ad, providing a credit card number, whatever.


But is it basically just selling ad space on my website like normally?

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