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7 Reasons Why Top Affiliates Earn Thousands Per Month While Others Struggle To Earn $300
By Franck | November 22, 2009
There are no doubts that affiliate marketing is one of the best ways to make money online fast, and it can be done without a website and without any experience.
However, you need to invest in yourself (whether it’s time and money) to build a profitable and long lasting affiliate business. The problem with many beginners is that they just want to make money without doing any work. This is not the right affiliate mindset. In fact, this “I want money now” mentality will hurt your online business in the long run.
Remember this: you do not want to make money today. You want to make a nice and steady income every single month, and eventually quit your day job (sooner than later). Sure, affiliate marketing is the fastest and easiest way to make money online, but almost nobody tell you how to create a real affiliate business that make money consistently.
Why?
Because gurus know that if they tell you the truth and that you know that you need to work, many people will not end up buying their products… since working is not what they want (they already have a day job!). What they want is the dream. Gurus give you want you want: dream and promises.
Heck, anyone with an once of copywriting knowledge will tell you that you need to push people hot buttons and give them what they want (most of the time, it’s not really what they need to solve their problems).
Mark Ling changed the game. Whenever Mark releases a product (like his Affilorama Premium 2010 Edition), he makes sure that he proves you his techniques work. He build live websites in front of his audience to show you that it works for real, and most importantly, that this stuff is working today.
Want To Earn FAT Commission Paychecks
With Super Affiliate Techniques And Tools?
www.AffiloramaPremium2010.com
So why some affiliate earn pennies while others rake in thousands of dollars every single month?
Here are the 7 reasons (there are more, but these are kinda very important):
1. Commitment
They make sure to work on their affiliate business every single day. Even if it’s a few hours, they make sure to do something (like writing a blog post for example.)
2. Data driven decision
They know their numbers.
I’m talking about the numbers of unique to their website, conversion rate from subscriber to purchase, conversion rate from visitor to subscriber, visitor value, lifetime customer value, etc.
They gather a lot of data and analyze them. It’s very important because you will know at a glance what affiliate program is performing.
Let me give you an example. Some of the affiliate program I promote has a $0.10 visitor value. That means that for every unique visitor to my website, I will earn $0.10 dollar in affiliate commission.
Example A: If 100 person visit my website, my income is $10. If 3000 people visit my affiliate site, my income will be $300. So if I want to make $3000.00 per month with this website, I’ll need 30000 unique visitors per month to this site. That’s a lot.
Example B: Now, I promote a site that has a visitor value of $1. If 100 person visit my website, I’ll earn $100… and if 3000 visit my website, I’ll make $3000.
Question:
Which one would you promote?
I’ll promote the affiliate product in example B all day long…
Many beginners don’t know their numbers and promote product A… plus they can’t drive a decent amount of traffic to their site. There’s almost no hope they make money.
Do you see how it works?
Let’s go to the next…
Want To Earn FAT Commission Paychecks
With Super Affiliate Techniques And Tools?
www.AffiloramaPremium2010.com
3. Investing
Top affiliate earners invest in their education. They learn what works and what doesn’t, and whenever something can accelerate their success, they make sure to take massive action.
It can be a new product that help them to enhance what they already know. But the difference with struggling affiliates is that they actually read and use the ebook/software/membership they bought.
Or it may be hiring a full time (or part time) virtual assistant that will instantly double their productivity.
4. Perpetual Profits
Super affiliates make sure to only promote products that pay them over and over. I mean recurring products like web hosting, or product that pay for every sale the owner will make in the future as a direct results of the lead you brought into his sales funnel.
This is really important. Let me give you an example.
Affiliate A promotes a $37 product and earn $22 in commission. If he sells 10 product per month, he’ll earn $220 per month. Next month, he needs to find 10 new customers, and he will still earn $220.
Affiliate B also promotes a $37 product, and earn $22 in affiliate commissions, but it’s a monthly audio interview product. If he sells 10 of those, he’ll earn $220 the first month. Now, pay attention because on month two, he will need to find 10 customer to earn $220, and his income will be $440.
So here, affiliate A makes $220 per month, while affiliate B makes $440 per month with the exact same number of customers.
Better to be affiliate B…
5. Mindset
Top affiliate earners know what they want. They will not stop working on their project until they reach their goal. In fact, they’ll treat their affiliate product as it was their own.
6. High Priced Product
Super affiliate earners don’t only promote high priced item (for fat commission paycheck) all the time, but they make sure to have a couple of those in their arsenal. It takes you the exact same efforts to promote a $20 product and a $2000 product. No difference. And even better, the high priced product may convert better than you cheap $20 product because the owner can afford to pay for the best copywriters who write hypnotic copies. They can also afford to give a lot of free amazing material away during their product launches…
Let’s take an example to illustrate this point (in both cases, the website converts at 1%):
Heck, if you manage to get 200 hundred visitors to your affiliate link for a $1000 commission, you make $2000 in affiliate commission.
On the other hand, if you get 200 visitors to your $20 product, you’ll make something like $20. Yup.
7. Bonuses
Top affiliate earners use bonuses to boost their conversion rates.
This one is big and it can make you a lot of money because people who visit your web page (or bonus page) already want to buy. They just want a better deal. So if you are ready to buy Mark Ling’s affilorama premium 2010 newsletter, check out my bonus below…
Here is a good example of a bonus page: Affilorama Premium Bonus
Click Here To Visit The Affilorama Premium 2010 edition website
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Franck Silvestre gives free Internet Business Coaching and advice. He makes thousands of dollars online with article marketing, his own products and other affiliate programs and teaches others how to start making money online with simple and proven techniques.
Topics: Affilorama, affiliate marketing | 2 Comments »
November 22nd, 2009 at 8:59 am
Thanks for posting the article, was certainly a great read!
March 11th, 2010 at 4:59 pm
Hi Ben,
I am glad you like it. I hope you put what you learned into practice (and me too by the way).
Franck