How to Earn $1,000 A Month As An Affiliate Marketer
For most affiliate marketers, the $1,000 a month plateau is an
excellent short-term goal. Once you're earning $1,000 a month,
$5,000 or $10,000 a month doesn't seem that unattainable. With
that in mind, here is a simple formula for hitting the $1,000 a
month mark.
When I first started out as an affiliate marketer, I did
everything backwards. Instead of building a list of subscribers,
and then marketing to them, my strategy was to send prospects
directly to merchant sites, hoping they would buy the products
being promoted.
You can trim several years off your learning curve by building
your subscriber list immediately, and then marketing products to
them right away through a pre-written autoresponder series.
Obviously it's slightly more complex than that, but by adopting
this strategy, you'll be able to enjoy the best of both worlds!
Some ways to build your mailing list include article marketing,
exit exchanges, ezine ads, List Builder Pro (pay service),
pay-per-click ads, traffic exchanges, and viral list building
programs.
Decide which of these options works best for you, (while keeping
your eyes open for other methods) take action and get started
building your list!
Also, here's a little trick for getting your visitor to a
merchant site, AND capturing their e-mail addresses
simultaneously: pop-under pages! After a website visitor has
subscribed to your mailing list and leaves your site, you can
display a pop-under and potentially make a sale at the same time!
Now let's calculate how many subscribers you'll need to earn
$1,000 a month. Although your commissions per sale could be much
higher, let's be conservative and say you'll be earning $20 per
sale of each product you're promoting.
Based upon this figure, you will have to make 50 sales a month.
That's less than two a day, and hardly beyond your reach. If the
merchant site converts one percent of its visitors into paying
customers(a one percent conversion rate is decent), you will
need to send 5,000 people to the merchant site every single
month.
To lower the number of people you'll need to send to a merchant
site, consider A) promoting a product that pays out higher
commissions, and B) promoting a product with a higher conversion
rate.
If you promote a product that converts two percent of your
visitors into paying customers, and pays out $40 per sale, you
will only need to make 25 sales a month, and send 1,250 people
to that merchant site, to hit the $1,000 mark.
Set a goal of how many new opt-in subscribers you want every
week. Also, if you can, promote two-tier affiliate programs to
increase your commissions even more.
One final note in closing: Send out three or more mailings every
time you promote a particular product to your list. Research
shows that the highest response often comes from the second and
third mailings. Study how veteran marketers market to you in
order to get a sense of how to put together a profitable
mailing.