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Bringing the World to Your Door
Before becoming a netpreneaur, I was an entrepreneur. First, I owned a successful child care center which grew to capacity in less than two years. When I sold that, I bought a little flower shop that had less than 300 customers and grew it to what...
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Email Marketing 2005…Do’s & Don’ts
1. Make sure all your email recipients are opt in or double opt in. This means that they have subscribed to your ezine, newsletter, report or e-course.
2. Always provide an unsubscribe link
3. Always sign each email with your name,...
'Take Dead Aim' with Affiliate Programs
One of the key success secrets for those that are successful with affiliate programs is to focus. You must take dead aim. There are many thousands of affiliate programs you can join. Yet to succeed you must ignore 99% of them. You must select a...
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How To Use RSS Feeds In Your Marketing
It was Friday night. I finished reading a book about RSS feeds. Quickly set up one for my site, submitted it on directories and went to bed.
Sunday morning, I noticed a sale. Idly, I scanned my logs to see where the buyer had found me.
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Affiliate Commissions: The $15 Minimum Sale
How can you boost your affiliate commissions?
Scenario: You participate in one or many affiliate programs. You get plenty of hits. Your sales ratio is about 2% (which is good) and yet you’re only making $42.80 per month. It’s okay, but nothing to shout about.
Consider this: If you put just as much time and effort into marketing each affiliate program, then receiving affiliate commissions of $15 per order is much better than receiving affiliate commissions of $1 per order. It costs you just as much in your own time yet you make 15 times as much.
Why join affiliate programs that sell products or services with such low affiliate commissions? For a reasonable return you will need extremely high volume. How about earning $65 per sale? Or perhaps even $100 per sale?
I hear you say that it is difficult to get many sales of this size – but even if you only got 5 sales per month from a $100 affiliate commission that would be $6,000 per year from just one program. Compare that to our $1 per
affiliate commission program. You would have to sell 500 items per month and 6,000 per year. On a sales ratio of 2% this would mean you would have to get 300,000 visitors per annum or 25,000 visitors per month. That is very hard!
With our $100 product we need only 3,000 visitors per annum or 250 visitors per month.
Maybe we might not get 60 sales out of 3,000 visitors. Lets say we still get 60 sales but out of 30,000 visitors. We still have 1/10th of the number of visitors for the same amount of affiliate commissions per annum of $6,000. And we all know how difficult it can be to get traffic.
Sell products or services with higher value affiliate commissions and you need less traffic. Now I like it when someone tells me I need LESS traffic!
About the Author
David McKenzie of http://www.brisney.com For great ideas on promoting your web site or marketing your affiliate programs subscribe to our Free twice monthly newsletter by sending a blank email to mailto:brisney@brisney.com
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