The above is not only a million dollar question (excuse the
pun), but also a very important one for anyone wanting to make
online money with affiliate marketing
In real terms, earnings are completely up to your efforts, and
the sky is virtually the limit, but always make sure that you
get the best commission possible.
When you examine any affiliate program, one of the very first
things that you should look at is the commission per sale. This
may often be portrayed as a percentage, or as a dollar amount
figure. If the commission is only presented as a dollar figure,
it then becomes important to locate the sale price of the
product, and figure out the commission percentage.
It is advisable to go with affiliate programs that offer a 50%
or higher commission. If the product is higher priced however,
you may consider going as low as 30% commission, but not lower.
You should also carefully consider exactly what amount of sales
it will take you to earn the amount of money that you have set
as a goal. The amount of $25 per sale may sound like a lot, but
if you require 5000.00 a month to live comfortably, you will
have to make at least 200 sales each month in order to reach
your target. This could be very realistic for certain products
in an exclusive niche, and totally unrealistic for products in
other more common marketing sectors.
Always consider the “what” and “who” of selling i.e. what
product you are selling, and to what target market. This will
give you at least some guidelines to determine whether the
number of sales needed to make the money you require is indeed
realistic.
If you find that the number of sales required is not realistic,
you will then need to either look for something uniquely
different to sell, or alternatively look for additional products
to broaden your range. Another strategy is for you to start on a
smaller scale, with smaller commissions and use this is a
stepping stone to work your way up. You have no doubt heard of
Super Affiliates, and this is exactly the strategy that they
follow.
Super Affiliates are successful because they have the ability to
show the product owner or affiliate manager that they understand
the market and have the credentials to make a large number of
sales each and every month. They are consistent in their efforts
and their track record enables them to negotiate directly with
the product owner for a higher commission. They therefore first
prove themselves by making substantial sales first, and this can
then puts them are in a commanding position to negotiate.
Remember that you might have some marketing expenses to take
into account, and this might erode some of your commission. Do
not spend more money on promotions than you are making in
commissions as this does not make good business sense.
Good luck with your affiliate marketing.
Gerard.
Beware of the affiliate scams and do your background work before
jumping into any program. For a comparison of the best affiliate
programs, please visit my site at
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