Issue 75: The Real Affiliate Marketing Secret
Nicheology Profit Letter Issue #75
by Paul Evans ===========================================
Nicheology Members:
Last week I mentioned doing some training to help you take the “triangles” to a deeper level. Here's the first video…
http://www.nicheology.com/members/269.cfm
It's going to D.A.R.E. you to increase your online income.
Pay super close attention at the 16:36 mark. You'll get a concept there few ever teach about. It's not a tactic, it's a concept. Apply it and grow rich! :-)
Profit Letter: The Real Affiliate Secret
Yesterday I shared 4 ways to make more profits with affiliate marketing.
http://www.nicheology.com/public/268.cfm
Now then…
The Real Affiliate Secret
Most affiliates promote one time sale offers (which should definitely be part of your plan).
However, the REAL secret to making big dollars as an affiliate is to create residual income…
................. Definition ................. "Residual income" is any income that is derived from existing customers making additional purchases every month. For example: If a customer orders a web hosting package through your affiliate link, they pay a MONTHLY fee for that hosting service, and you earn a MONTHLY commission for your referral as long as the customer's account remains active. ................. Definition .................
Those payments continue to come in AUTOMATICALLY, even when most of the world is watching for the latest news reports to ticker across the television screen concerning the latest “epidemic” or economic hiccup.
There needs be no involvement from the customer to generate sales. The subscriptions are in place, and payments are made automatically via their subscription.
The following truth is so profound and so critical to understanding the "real affiliate secret", I decided to highlight it as a sidebar to make certain you don't skim past it without realizing its significance...
................. Sidebar ................. With "REGULAR" sales, the customer needs to click in order for you to generate profits. [I.E. Place an order]
With "RESIDUAL" sales, the customer needs to click in order to STOP you from generating income. [I.E. Cancel their subscription]
Big difference.
................. Sidebar .................
Do you see the significance here?
Throughout the past year I have been working towards building more residual income, specifically as backend offers to my viral eBooks, and the results have been tremendous...
...a five-figure monthly income from recurring programs alone.
While inevitable events of life [like war and other catastrophic events, "down" websites or servers, saturated market, etc.] often slow one-time purchase sales, there is a nice feeling of security in knowing that the residual income you build will continue to come in like clockwork.
So, here's the "real secret" to earning huge affiliate checks every single month. While everyone is promoting the heck out of all of the same basic programs you are, you need to refine who it is that you are promoting.
Bottom line: Start FOCUSING on those affiliate programs that offer MONTHLY commissions.
Here's why...
Let's say you promote an absolutely awesome product by Mr. Guru that sells for $29.95 (average price on the market today). And Mr. Guru is super generous and gives you 50% commission. By the time all of the processing fees are out of the way, you earn about $14.00 for a new customer.
And you're done with that customer -- it's time to move on and find the next guy.
HOWEVER, if you promote an affiliate program that pays MONTHLY, let's say www.nicheology.com then here's what you would find happens...
Memberships range from $47-$97 PER MONTH. You earn $15-32 PER REFERRED CUSTOMER, PER MONTH.
With the $29.95 product, you earn $14.00 for all of your efforts in finding a customer. One time commission. That's it. Time to find another customer.
With the MONTHLY service, you earn $15-32 for that same customer. Then, next month you earn another $15-32. Month after that, still bringing in $15-32. For each and every month that the customer continues to use the service you continue to bring in $15-32.
Do you see the potential here?
And, if you get just three people to join through your affiliate link, you're getting YOUR membership for FREE.
But forget about the free membership. With just 10 referred members you could be making $150-320 each and every month!!
You see, that's the Real Affiliate Secret. Target residual affiliate program that pay you time and again!
Success is NOT an Accident,
Paul
P.S. If you are a current member and interested in making a residual income through our affiliate program, please contact Mark Thompson, mthompson@infomarketresults.com The five year anniversary is coming up May 25-29 and it will be the PERFECT time to promote!
Nicheology... Find Your Niche. Build Your List. Launch Your Product.
www.nicheology.com/join.html
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