Are you one of the many individuals that would like to form multiple streams of income to help pay the bills during these intense financial times? Take this fast affiliate marketing test we will warn you, it does contain some maths. Let's see how you do, it is not tricky. Below follow 2 precise real-world promoting strategies. Your job is to work out which one will be more profitable in the long run.
In the first eventuality it takes a hundred clicks to make a sale. Every sale pays $100 in commissions. The refund rate is a low 5%. At $.80 per click, what's going to be the return on your initial $100 investment?
In the second eventuality it takes the same - a hundred clicks to make a sale. That sale also pays a $100 commission, there is however the added bonus of an extra $10 a month commission for four months. There's also a refund rate of 5%, and you will get paid that extra $10 four times. Again, if you pay $.80 per click what will your return on a $100 investment be?
The answer for the first example is like this : it costs you $80 to make one sale. So that means you made $20 but you have to take off five pc for the repayments, leaving you with $19 net profit. 19% is a rather good ROI. In the second example you'll still receive $19 in commissions for that initial sale, but you also receive $40 for those four monthly sales. So if you add the $19 to the $40 then you have $59 which translates to a 59% investment return a far more fascinating end result!
Residual Income Makes A Giant Difference!
If you were to examine any Super Affiliate's marketing model you will soon learn the only time they will offer a product that pays only once for the original sale, is when they can leverage that sale into making more money. Many will supply a free report or special bonus if you buy this product thru their affiliate link, where the leverage comes in is when they collect your opt in info from their landing-page, what they are giving you for free involved you giving something away for free too! A targeted opt-in list is quite often worth up to 5 bucks per name every month to its owner. It is reasonably possible there will be a later upsell offered via an e-mail that gives them the opportunity to earn yet another commission.
Super Affiliates will often concentrate on promoting products that may seem to only pay an one off commission, but in reality turn out to pay a major amount in monthly residual income. What you can learn from this exercise is if an affiliate marketing product does have a continual opportunity to earn additional income, you need to go for it. Does not which make sense? It's the most notable difference between a grand 59% ROI or a much less electrifying 19%.
Swell Your Income Streams let them Flow into a Stream of Residual Income!
The longest brook in the world is the Nile. The only real way you can appreciate the dimensions of the Nile is by seeing it from outer space. It is awesome. What you don't see when you look down from your spaceship is that the Nile is what it is because it's fed by thousands of tiny tributaries. Thousands of them. This huge Brook only exists because of all the little tributaries and streams that run into it.
By understanding that many small streams of income can build to make a stream of wealth you need to take your affiliate marketing efforts to a higher level. Start by promoting products that pay residual monthly income on top of an initial commission. Don't be tempted by other products, these are the ones which will create wealth in the long run. After just a few months you'll see these little streams of income turn into a major flood of income. The great thing about residual monthly income is that you never start a month with nothing in the bank. Imagine that!
No more wondering how much your income will be and whether you will be able to pay the bills that residual income will shortly build up to be enough to cover the bills before you even start on any other income-producing projects.
In the first eventuality it takes a hundred clicks to make a sale. Every sale pays $100 in commissions. The refund rate is a low 5%. At $.80 per click, what's going to be the return on your initial $100 investment?
In the second eventuality it takes the same - a hundred clicks to make a sale. That sale also pays a $100 commission, there is however the added bonus of an extra $10 a month commission for four months. There's also a refund rate of 5%, and you will get paid that extra $10 four times. Again, if you pay $.80 per click what will your return on a $100 investment be?
The answer for the first example is like this : it costs you $80 to make one sale. So that means you made $20 but you have to take off five pc for the repayments, leaving you with $19 net profit. 19% is a rather good ROI. In the second example you'll still receive $19 in commissions for that initial sale, but you also receive $40 for those four monthly sales. So if you add the $19 to the $40 then you have $59 which translates to a 59% investment return a far more fascinating end result!
Residual Income Makes A Giant Difference!
If you were to examine any Super Affiliate's marketing model you will soon learn the only time they will offer a product that pays only once for the original sale, is when they can leverage that sale into making more money. Many will supply a free report or special bonus if you buy this product thru their affiliate link, where the leverage comes in is when they collect your opt in info from their landing-page, what they are giving you for free involved you giving something away for free too! A targeted opt-in list is quite often worth up to 5 bucks per name every month to its owner. It is reasonably possible there will be a later upsell offered via an e-mail that gives them the opportunity to earn yet another commission.
Super Affiliates will often concentrate on promoting products that may seem to only pay an one off commission, but in reality turn out to pay a major amount in monthly residual income. What you can learn from this exercise is if an affiliate marketing product does have a continual opportunity to earn additional income, you need to go for it. Does not which make sense? It's the most notable difference between a grand 59% ROI or a much less electrifying 19%.
Swell Your Income Streams let them Flow into a Stream of Residual Income!
The longest brook in the world is the Nile. The only real way you can appreciate the dimensions of the Nile is by seeing it from outer space. It is awesome. What you don't see when you look down from your spaceship is that the Nile is what it is because it's fed by thousands of tiny tributaries. Thousands of them. This huge Brook only exists because of all the little tributaries and streams that run into it.
By understanding that many small streams of income can build to make a stream of wealth you need to take your affiliate marketing efforts to a higher level. Start by promoting products that pay residual monthly income on top of an initial commission. Don't be tempted by other products, these are the ones which will create wealth in the long run. After just a few months you'll see these little streams of income turn into a major flood of income. The great thing about residual monthly income is that you never start a month with nothing in the bank. Imagine that!
No more wondering how much your income will be and whether you will be able to pay the bills that residual income will shortly build up to be enough to cover the bills before you even start on any other income-producing projects.
About the Author:
Who else wants to discover how to create endless leads, earned tens of thousands in commission and get paid out even when we sleep? Online MLM Business. Plus, you will get vital access to a passive income streams article.
