Are you one of the many people that would like to make multiple streams of income to help pay the bills during these intense financial times? Take this fast affiliate marketing test we will warn you, it does contain some maths. Let’s see how you do, it’s not tricky. Below follow 2 exact real-world promoting systems. Your job is to figure out which one will be more moneymaking in the long run.
In the first eventuality it takes a hundred clicks to make a sale. Every sale pays $100 in commissions. The refund rate is a low five percent. At $.80 per click, what’s going to be the return on your primary $100 investment?
In the second scenario it takes the same – one hundred clicks to make a sale. That sale also pays a $100 commission, there is however the extra bonus of an extra $10 a month commission for 4 months. There’s also a refund rate of five pc, and you will get paid that additional $10 4 times. Again, if you pay $.80 per click what will your return on a $100 investment be?
The answer for the 1st example is like this : it costs you $80 to make one sale. So that means you made $20 but you should take off 5% for the repayments, leaving you with $19 net profit. 19% is a good ROI. In the second example you’ll still receive $19 in commissions for that initial sale, but you also receive $40 for those 4 monthly sales. So if you add the $19 to the $40 then you have $59 which interprets to a 59% investment return a much more desirable outcome!
Residual Income Makes A Giant Difference!
If you were to look at any Super Affiliate’s marketing model you’ll soon learn the only time they are going to offer a product that pays only once for the original sale, is when they can leverage that sale into making additional cash. Plenty will supply 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 info from their selling page, what they are giving you for free concerned you giving something away for free too! A focused opt-in list is often worth up to 5 bucks per name every month to its owner. It is reasonably possible there will be a later upsell offered through an email that gives them the chance to earn one more commission.
Super Affiliates will often target promoting products which will appear to only pay an one-time commission, but in truth turn out to pay a big amount in monthly residual income. What you can learn from this exercise is if an affiliate marketing product does have a continual chance to earn additional income, you must go for it. Does not which make sense? It’s the difference between a grand 59% ROI or a much less galvanizing 19%.
Swell Your Income Streams let them Flow into a River of Residual Income!
The longest stream in the world is the Nile. The only real way you can appreciate the dimensions of the Nile is by seeing it from outer space. It is grand. What you do not see when you look down from your spaceship is that the Nile is what it is because it’s fed by thousands of tiny tributaries. Thousands of them. This huge Brook only exists due to all the small tributaries and streams that run into it.
By accepting that many small streams of income can build to form a stream of wealth you should take your affiliate marketing attempts to a higher level. Begin by promoting products that pay residual monthly income on top of an initial commission. Don’t feel tempted by other products, these are the ones that may create wealth in the long term. After just a few months you’ll see these little streams of income turn into a serious flood of income. The beauty of residual monthly income is that you never start a month with nothing in the bank. Imagine that!
No more earn more commissions thinking how much your income will be and whether you will be ready to pay the bills that residual income will shortly build up to be residual income stream adequate to cover the bills before you even start on any other income-producing projects.
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