How to Make Money as an Affiliate Marketer
How to make money being an affiliate marketer is a question often asked and Internet marketers tend to get completely overwhelmed by the 101 things they need to do (or think they need to do) to be successful online.
That’s why getting an education is so important. When it comes to earning $100,000 or more online, it is easier to simply break it down as to what it takes to earn that sort of money as an affiliate marketer on the Internet.
So if your goal is to make $100,000 then how much do you need to sell? Here’s a handy chart (I’ve rounded up the numbers). As you know, there are many different product and services you can promote and sell. You can sell ebooks, webinars, seminars, e-classes, memberships etc, as well as also choosing which price point you charge.
|Product Price Point||Yearly Sales to get $100,000||Monthly Sales to get $100,000|
As you can see, earning $100,000 (around $8,500 per month) in Internet marketing is “doable” if you simply break it down to what needs to happen on a weekly basis. (For more on how to accomplish goals, see this post here.)
If you’ve got an initial product that sells for $7 that you use to build your customer list and then you introduce another product that up-sells for $197 on the back-end, you only need to sell 43 of those back-end products a month to break the $100,000 barrier. Well actually fewer, because you already made $7 on the initial sale.
Also understanding the different affiliate commission programs is important, as some will pay lifetime commissions, not just a one-time payment, so you can easily get paid over and over every month.
So how do you get visitors to your site?
You need them to want to read your blog posts or sales copy and how do you get them to do that can best be summed up in one sentence: “Write about your own personal experiences in story form“.That’s it! People love stories, especially true ones, that show you overcame an obstacle, solved a problem, created something positive and so forth.
So if you’re writing a blog post about how to increase traffic, use your own examples of what you did, how you did it, and the results. If you can flavor it with storytelling skills that keep your reader riveted, so much the better.
And who better to show you how to tell a story than professional stand-up comics? These guys live and die by the story, they either get it right or they’re booed off the stage, and being ‘booed’ is not fun.
So what’s the steps to storytelling – according to comedians?
Be Brief (don’t ramble – get to the point)
- Give Details (the useful ones – don’t bog the story down with useless stuff)
- Use Story Twists (surprise is a wonderful thing)
- Work the Crowd (or in this case, your readers)
- Act out the Characters (difficult to do, but lending your own personality to your writing is extremely important)
- Practice (write often – the more you write, the better you’ll get)
- End on the Biggest Laugh (or point if you’re a blogger)
Turn Your Copy into a Conversation
Regardless of what you’re writing, a blog post, an article, a sales message, etc. Your copy should sound personal and relevant to the person reading it. You don’t want to sound like you’re writing a textbook to a class of students or a news article to the masses. Instead, your tone should be similar to a one on one conversation with a friend.
So how can you achieve this? With a little research and a healthy dose of imagination. This is one of those tricks that natural writers do without thinking about, and the rest of us can learn with just a little practice.
What you’re going to do is create a “persona” of your ideal audience member. For example, if you’re writing a sales letter, your persona is the customer. Hopefully, you have a good idea of who your customers are, and if not you might want to engage in some research to find out.
You can even turn your text into video, you can take any article and create an audio / video presentation or ‘sales letter’ and then post on your website or upload it to youtube and publish all over the internet. to see how exactly see my post What is Easy VSL
Target your audience
Choose one customer: Someone who has purchased your products in the past and reads all your stuff. This person might be real or imaginary, it doesn’t matter.
Now write a bio for your customer, answering these questions: Male or female? Age? Where does s/he live? Occupation? Likes? Dislikes? Desires? Goals?
The Fun Part
Now for the fun part: Make friends with this customer. Imagine having a face-to-face chat about your latest product or the blog post you’re about to write.
- What do you tell him or her?
- What questions do they have?
- Do they understand what you’re saying, or do they need clarification?
If you’re thinking you can’t do this, it simply means you’re out of practice.
All children have imaginary conversations in their heads, and you did as well. This is your chance to let your subconscious mind go to work, filling in the words your persona would say to you in a conversation. You’ll be surprised by what you discover because you’re opening the door to knowledge you didn’t even know you had.
Now then, once you’re got a good sense of who your persona is, go ahead and write that blog post or article or sales message directly to your persona, just as you would write a personal letter.
Connect with Them
Be sure to connect with them on an emotional as well as intellectual level. Your persona is the only one that matters when you are writing because it is just the two of you having an intimate conversation.
And if all of this sounds terribly silly, don’t worry. Just try it. You’ll be pleasantly surprised by how much better your writing can become when you’re writing to that one specific persona.
Next, we need to Create a Headline
Look at the difference between these two headlines:
- Increase Your Website’s Traffic
- Get At Least 1,000 More Visitors To Your Website Each and Every Day
If the headline says you can increase traffic, your skepticism is high. But if it says you can increase your opt-in traffic by 33%, now we’re starting to believe and keep reading. If your headline isn’t promising something specific, you might want to rewrite it.
This last ingredient is “authority.” For many people, especially in the United States, they believe in an authority. What authority are you incorporating into your marketing message?
For example, if you’ve got a testimonial from a well-known person, are you putting it at or near the very top of your sales letters and videos? If not, you might want to place it where it can’t be missed and split test to see how much of an increase in sales it means for you.
BONUS: If your product and / or marketing message is controversial enough, unusual enough or crazy enough, you can get MASSIVE free publicity, too, just as with my post about; Marijuana Smuggler Seeks Job
Bottom line: Even the strangest product can be sold to the right market. IF you’ve got the right message. Be sure your headline captures attention and uses specificity, backup your claim with third-party authority, and you can sell most anything.
Think outside the box
As an example of ‘out of the box thinking‘ how could you Profit from Bin Laden’s death?
Well, that’s exactly what one enterprising 23-year-old asked himself back in 2011 when he heard the news of Osama’s death. What did he do? He jumped onto the internet and set up a T-shirt shop online, selling t-shirts that said things like, “Obama GOT Osama,” and “Thank You Seal Team 6.”
He set a website up that night, working until 3:30 in the morning. By the next evening, he had sold more than 10,000 items at $12 a piece that’s $120,000 gross in 24 hours – not bad for an evening’s work. Don’t believe it? – check out this link.
Even if only $10,000 or $20,000 of that was profit (after he paid for the shirts to be made and shipped out), that’s still awesome money for one night’s work. And thats of course doesn’t include the sales he went on to make in the following days and weeks.
Whether you think this guy is brilliant or morbid it got me to thinking… how can I profit from what’s in the news?
“Believe me, I no longer look at CNN or the other news sites quite the same, and it gets my head spinning with ideas. How about you?
But the evening news isn’t the only place to find the latest trends, nor is it practical for most of us to race home and build a website to sell t-shirts. So how do you find what’s going to be hot next?
Well, the internet makes it easier than never before to keep your finger on the pulse of the latest and hottest trends. I’ve compiled a list below of websites to consult, and would recommend one word of caution: It could be easy to get overwhelmed by this sheer volume of information available. Thus, when you find a great idea, I suggest you immediately stop looking and begin optimizing it straight away.
There is a tremendous advantage to those who are first to hit the market with the information or product that consumers want, for one thing, it can be surprisingly easy to score high in the search engines.
For another, you can become part of the story, generating free publicity for your website and product. But if you bounce from one idea to the next without taking action, well, you know what will happen. Nothing. So look to your heart’s content, but when you find a winner, stop looking and start moving.
Here’s a list of places to search; Google Hot Trends – What’s hot on Google right now. Google Insights – Includes graphs, regional interest, comparisons, etc. Google Blog search – All the latest and most popular posts Google Zeitgesit – Based on the aggregation of billions of queries typed into Google Yahoo Buzz – What the world is searching for Bing Social – The hottest social topics Trendy!bing – Google trends meet Bing results Topsy – Real-time search for the social web
Are you excited, thinking about all that you’re going to accomplish online?
Are you filled with the hope of building a big business and dreams of earning lots of cash? Do you daydream about how you will spend that cash? What about when you get a new idea, do you grin from ear to ear just thinking about how great it’s going to be? If so, then I have one word for you. STOP.
Stop hoping, stop daydreaming, stop wishing and instead do this – START and get this free eBook
That’s it. Just start. Start building that business. Take the first step now. Not tomorrow, not next week but right now. Nothing ever gets accomplished from hoping, wishing and dreaming.
True, it makes you feel good, for a short time, yes it programs your subconscious mind but don’t, let an opportunity slip through your fingers.
Take action. Get that online education, Get started with Wealthy Affiliate and you can start for free right now and learn how to make money as an affiliate marketer.
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