Are you one of the folks that need to make some residual income to help ease financial pressures that you could be under due to the economy, and maybe in the procedure you would like to collect some real wealth? Here’s a quick test on affiliate marketing. Let’s see how you do.
The following are two affiliate marketing systems, you select which one is better. Let’s see if you can pick which one will be more lucrative?
It takes one hundred clicks to make a sale. Each sale pays a $100 one-time commission. There’s a five percent refund rate. If you pay $0.80 per click, what quantity of cash will you make per $100 investment?
In the second selling eventuality in a similar way takes one hundred clicks to make a sale. Every sale offers $100 commission but also gives a monthly residual commission of $10. As shown, there’s a five percent refund rate and the average length of the subscription is four months. Now, if you pay $.80 per click as in the 1st example, how much will you make now for your $100 investment?
In the first affiliate marketing example it would cost $80 to make one sale.
$100 – $80 = $20 less five percent refund rate equals $19 net profit. That’s a good 19 return on your marketing investment.
In the second, same result for the primary sale – but the NET PROFIT is much much more impressive thanks to the monthly residual income! Here you would get $19 for the up-front sale and a further $40 over a period of time. That is $59 net profit for a 59 ROI.
Residual Income – That Tiny Additional Goes a Long Way
If you were to examine any Super Affiliate’s selling model you will soon find out 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 extra cash. Many will offer a free report or special bonus if you purchase 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 quite often worth up to five greenbacks per name each month to its owner. It is reasonably possible there’ll be a later upsell offered through an email that gives them the chance to earn one more commission.
Super Affiliates will probably target promoting products that can appear to only pay a one-time commission, but in fact 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 continuing opportunity to earn extra income, you need to go for it. Make sense? It’s the biggest difference between an awesome 59 ROI or a lot less galvanizing 19 .
The Secret to Prosperity is Multiple Streams of Residual Income
The longest brook in the world is the Nile. The only possible way you can appreciate the size of the Nile is by seeing it from outer space. It is awe-inspiring. What you do not see when you look down from your rocket is that the Nile is what it is because it’s fed by thousands of tiny tributaries. Thousands of them. This massive River only exists due to all of the little tributaries and streams that run into it.
Look at your affiliate marketing efforts in the same way, by making multiple streams of income , you are making a brook of wealth. You need to begin by promoting a number of different products that have the advantage of creating recurring streams of income. Stick to those and nothing else.
Ultimately you will be able to sit back and like that river of income. Imagine beginning every month off with a growing amount in the bank without doing a thing! Isn’t that the ideal eventuality?
No more considering how much your income will be and whether you’ll be in a position to pay the bills that residual income will soon build up to be sufficient to cover the bills before you even start on any other income-producing projects. See if my source of residual income is right for you… Click here!
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Richard La Compte’s Blog
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