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Bruno Duarte
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Bruno Duarte   My Press Releases

You’re Making Money, Not Losing It. Dashing The Affiliate Doubts.

Published on 4/10/2015
For additional information  Click Here

So where do we start with affiliate marketing?

Well, the first and most important thing I want to get out of your mind is that you're losing money, or the amount of money you gain by putting in the extra time and effort to run an affiliate program isn't worth it.

I want to show you a few more examples and sum it up with a couple of sentences that should dash any doubts you have in your mind about whether this is all worth it or not.

Lets look at a different example this time. One where the price and short term gains aren't quite so visible. Take a membership site. Lets say you're running it at a modest $15 per month. I could sit here and tell you that with 200 members that you referred yourself is $3000 per month. Not bad. A handy little earner there. The problem comes when you start talking about giving 60% commissions to affiliates who promote for you.

It doesn't seem like a good deal at all. That leaves you with a rather tiny $6 profit per sale per month.

I think this is where the whole affiliate program is a bad deal state of mind comes up a lot with the people I meet.

That looks like a massive cut in profits, but lets say again that you have 150 affiliates, and this time, due to the lower price, and it being slightly easier to get people to part with their cash compared to a $500 product, 15 of your affiliates refer 15 members each that just happen to stay with you for a year. That's a miniscule $337.50 extra per week.

Now some might see that as not worth it, but lets add that up. $1350 per month,  $16,200 per year. Looks a little more now. I could buy myself a 64" plasma screen with that, or 6 brand new top of the range computers. What would you buy with an extra $16k a year? Not a bad little earner for something that originally took your profit per sale down to a hardly impressive $6.

So here's the thing, and this applies to all cases I can think of. If it's viable to have an affiliate program, have one, because lets face it; a sale by an affiliate that cuts your profits on that sale by 60% isn't a 60% loss, it's a 40% gain on a sale that quite likely would not have been made without that affiliate. The potential for this is huge, but we're done with examples for now. If that didn't persuade you that having a solid line of affiliates ready to promote for you is as important, if not more important than having your own list, nothing will.?

Look at it this way. With affiliate marketing you're kind of adding to the resources you have on hand, and your promotion power.

As much as joint ventures and a big hungry and responsive mailing list are great, they're massively enhanced by a few hundred affiliates going for you. ?

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Bruno Duarte / HomeBiz Essentials

http://homebizessentials.biz/


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