‘7 Reasons Why Top Affiliates Earn Thousands Per Month While Others Struggle To Earn $300’ by Franck Silvestre
Franck Silvestre’s latest article is titled “7 Reasons Why Top Affiliates Earn Thousands Per Month While Others Struggle To Earn $300”. [Article]
Franck Silvestre’s latest article:
So why some affiliate earn pennies while others rake in thousands of dollars every single month?
Here are several reasons:
1. Commitment
They make sure to work on their affiliate business every single day. Even if itâs a few hours, they make sure to do something (like writing a blog post for example.)
2. Data driven decision
They know their numbers.
Iâm 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. Itâs 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, Iâll need 30000 unique visitors per month to this site. Thatâs a lot.
Example B: Now, I promote a site that has a visitor value of $1. If 100 person visit my website, Iâll earn $100⦠and if 3000 visit my website, Iâll make $3000.
Question:
Which one would you promote?
Iâll promote the affiliate product in example B all day longâ¦
Many beginners donât know their numbers and promote product A⦠plus they canât drive a decent amount of traffic to their site. Thereâs almost no hope they make money.
Do you see how it works?
Letâs go to the nextâ¦
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3. Investing
Top affiliate earners invest in their education. They learn what works and what doesnât, 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, heâll 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 itâs a monthly audio interview product. If he sells 10 of those, heâll 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 Bâ¦
5. Mindset
Top affiliate earners know what they want. They will not stop working on their project until they reach their goal. In fact, theyâll treat their affiliate product as it was their own.
6. High Priced Product
Super affiliate earners donât 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 launchesâ¦
Letâs 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, youâll make something like $20. Yup.
7. Bonuses
Top affiliate earners use bonuses to boost their conversion rates.
7 Reasons Why Top Affiliates Earn Thousands Per Month While Others Struggle To Earn $300
*This news post was submitted by Franck Silvestre.
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