Are you one of the many folk that would like to create several streams of income to assist pay the bills during these intense finance times? Take this fast affiliate marketing test we are going to warn you, it does contain some mathematics. Let’s see how you do, it’s not tricky. Below follow 2 precise real-life marketing strategies. Your job is to work out which one will be more moneymaking in the longer term.
Are you one of the folks that need to make some residual income to assist in easing financial pressures that you could be under due to this recession, and maybe in the act you would like to accumulate some real wealth? Here’s a fast test on affiliate marketing. Let’s see how you do.
Here are two affiliate marketing systems, you choose which one is better. Let’s see if you can decide which one will be more lucrative?
In the first eventuality it takes a hundred clicks to make a sale. Each sale pays $100 in commissions. The refund rate is a low five percent. At $.80 per click, what will be the return on your initial $100 investment?
It takes a hundred clicks to make a sale. Each sale pays a $100 and a once per month commission of $10. There’s a five pc refund rate and the average regular subs lasts four months. If you pay $0.80 per click, how much money will you make per $100 investment?
The answer for the first example is as follows : it costs you $80 to make one sale. So that suggests you made $20 but you should take off five pc for the kickbacks, leaving you with $19 net profit. 19% is a rather good ROI. In the second example you will still receive $19 in commissions for that preliminary 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 interprets to a 59% investment return a far more desirable end result!
Residual Income That Tiny Extra Goes a Great Distance
If you were to examine any Super Affiliate’s promoting model you’ll soon learn the only time they’ll 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 information from their landing page, what they are giving you for free concerned you giving something away for free too! A concentrated opt-in list is often worth up to five greenbacks per name each month to its owner. It is quite possible there’ll be a later upsell offered thru an email that gives them the opportunity to earn one more commission.
The heavy hitters in the affiliate internet marketing business trump that than that, they target promoting their products which at first provide an one off commission but go on to supply an upsell to something that gives a monthly residual income, for example a membership site.
So that the key to the best affiliate marketing opportunities is not about the first commission, it’s about what follows later on. Are you able to blame them? In the example above, it’s the most important difference between 19% and 59% investment return.
Multiple Residual Income Streams is the Key to Wealth
The longest river in the world is the Nile. The only real way you can appreciate the scale of the Nile is by seeing it from outer space. It is grand. What you don’t see when you look down from your starship is that the Nile is what it is because it’s fed by thousands of small tributaries. Thousands of them. This huge River only exists because of all of the tiny tributaries and streams that run into it.
By understanding that many small streams of income can build to make a brook of wealth you should take your affiliate marketing attempts to a higher level. Start by promoting products that pay residual monthly income on top of a preliminary commission. Don’t be tempted by other products, these are the ones that may create wealth in the longer term. After only a few months you’ll see these little rivers of income turn into a serious flood of income. The fantastic thing about residual monthly income is that you never start a month with nothing in the bank. Imagine that!
You’ll never start the month from the start having to figure out what you have to do to make money to meet the bills it’ll already be there in your account - is the ultimate in monetary security.