| Atricle Dump |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Internet and Businesses Online > Affiliate Revenue > Do You Get It? |
|
Atricle Dump - Do You Get It?
A Brief Description Of RV Trader Websites figures based on one of my actual affiliates....If you happen to be in the market for an RV, be it new or slightly used, there are a number of resources out there, at your disposal. Perhaps one of the most prominent, however, would be an RV trader website. An RV trader website is, in short, an ad listing for people looking to sell used RV units or to buy brand new ones. Most will have some sort of special features to get you more interested or to help you along with your sale or purchase, but for the most part, the above description serves as both form and function for the websites.On This particular individual has one link to the SimplyWholesale site from one of his own sites and in the first month of being an affiliate, he earned ?60. Month two, daily sales continued and with renewal subscriptions, my affiliate earned ?230. Month three (the current month), this particular affiliate is on target to make over ?400 in commission. Each week this affiliate refers roughly the same number of new members to the site but look at how quickly the commission payments are growing each month. The point of this article isn't to try and persuade you all to sign up as affiliates for SimplyWholesale (although that would be great!) but to get y Do You Have a Thirty Second Selling Proposition (Commercial) About Yourself? I base many of my articles and newsletters on my own day to day experiences in the world of Internet marketing. Things that have happened to me. Emails I have received. Interactions I have had with customers, subscribers and other Internet marketers.As a self employed business owner or sales person you really need a quick 30 second proposition statement. This statement should tell the person you are speaking too, enough about yourself or your business to make them curious and want to ask you more questions about what you do.As an example if you ask me what I do for a living which of the following replies would you react more favorably too.1- I sell life insurance.2- I help people achieve financial independence by showing them how to earn $500 to $1,000 a week on a par The more I work online, the more it becomes apparent to me that some people just don't 'get it'. What don't they get? Well in my experience, many things but the 'thing' that someone didn't 'get' this week was the benefit of marketing an affiliate product which has a recurring income element to it..... One of my membership websites, SimplyWholesale, has an affiliate program which allows anyone to link to the site and earn 50% of any sales generated by their visitors. Nothing special here - millions of websites offer a similar deal. In addition, because one of the payment options offered by SimplyWholesale is a monthly subscription, my affiliates can also earn 50% of future monthly subscription payments made by a member who they introduce to the site. Again, nothing special here - many membership websites have the same arrangement. So what's the story? Well, last week I received an email from an affiliate 'complaining' that he wasn't earning enough money from his customers who were only signing up for the monthly subscription option. (A monthly membership is ?4.99 so his earnings would have been ?2.50 on each one). Now, this individual had been referring, on average, one new member to the site per day and the vast majority were opting for the monthly membership. The odd one here and there was paying for a yearly membership which generated a higher commission but the majority, as I say, were paying monthly. So everyday for the past couple of weeks, this guy has earned ?2.50 from having a single banner on his website. Assuming this continues for the next two weeks, he will have earned at least ?77.50 for the month. Actually it will be more than this due to the annual subscriptions but let's keep things simple :-) Ok, ?77.50 isn't a life-changing sum of money but let's move things forward a month or two (and this is the bit that the guy clearly hadn't thought of when he emailed me with his 'complaint')..... Month two, assuming the level of sales continues, he will earn another ?77.50 BUT he will also see an income from the second monthly subscription payments made by the members he referred to the site in month one. It is fair to assume that some members may cancel their subscriptions but to date we have a pretty low cancellation rate. Let's work on the worse case scenario and say that 20% of his members cancel in month two - he will still earn over ?60 from the renewals. Add that to the ?77.50 from the new members and month two earnings are getting on for ?140. Things are starting to look a little more interesting.... This isn't just theory - let me back it up with some 'real-life' figures based on one of my actual affiliates.... This particular individual has one link to the SimplyWholesale site from one of his own sites and in the first month of being an affiliate, he earned ?60. Month two, daily sales continued and with renewal subscriptions, my affiliate earned ?230. Month three (the current month), this particular affiliate is on target to make over ?400 in commission. Each week this affiliate refers roughly the same number of new members to the site but look at how quickly the commission payments are growing each month. The point of this article isn't to try and persuade you all to sign up as affiliates for SimplyWholesale (although that would be great!) but to get yo Finding Talent For Your Staffing Company rs. Nothing special here - millions of websites offer a similar deal. In addition, because one of the payment options offered by SimplyWholesale is a monthly subscription, my affiliates can also earn 50% of future monthly subscription payments made by a member who they introduce to the site. Again, nothing special here - many membership websites have the same arrangement.If you are a recruiter, a manager or an owner of a medical staffing agency, your priority and lifeblood is finding talent for your medical staffing agency.The positions you are trying to fill are probably from facilities that called that same afternoon and they are requesting that you send them a qualified candidate tomorrow. This can be a real danger for your medical staffing company, your reputation as well as your ability to get business is and will always be tested. You cannot let business slip through your fingers, leaving you to So what's the story? Well, last week I received an email from an affiliate 'complaining' that he wasn't earning enough money from his customers who were only signing up for the monthly subscription option. (A monthly membership is ?4.99 so his earnings would have been ?2.50 on each one). Now, this individual had been referring, on average, one new member to the site per day and the vast majority were opting for the monthly membership. The odd one here and there was paying for a yearly membership which generated a higher commission but the majority, as I say, were paying monthly. So everyday for the past couple of weeks, this guy has earned ?2.50 from having a single banner on his website. Assuming this continues for the next two weeks, he will have earned at least ?77.50 for the month. Actually it will be more than this due to the annual subscriptions but let's keep things simple :-) Ok, ?77.50 isn't a life-changing sum of money but let's move things forward a month or two (and this is the bit that the guy clearly hadn't thought of when he emailed me with his 'complaint')..... Month two, assuming the level of sales continues, he will earn another ?77.50 BUT he will also see an income from the second monthly subscription payments made by the members he referred to the site in month one. It is fair to assume that some members may cancel their subscriptions but to date we have a pretty low cancellation rate. Let's work on the worse case scenario and say that 20% of his members cancel in month two - he will still earn over ?60 from the renewals. Add that to the ?77.50 from the new members and month two earnings are getting on for ?140. Things are starting to look a little more interesting.... This isn't just theory - let me back it up with some 'real-life' figures based on one of my actual affiliates.... This particular individual has one link to the SimplyWholesale site from one of his own sites and in the first month of being an affiliate, he earned ?60. Month two, daily sales continued and with renewal subscriptions, my affiliate earned ?230. Month three (the current month), this particular affiliate is on target to make over ?400 in commission. Each week this affiliate refers roughly the same number of new members to the site but look at how quickly the commission payments are growing each month. The point of this article isn't to try and persuade you all to sign up as affiliates for SimplyWholesale (although that would be great!) but to get y What is MICR Check Printing ne new member to the site per day and the vast majority were opting for the monthly membership. The odd one here and there was paying for a yearly membership which generated a higher commission but the majority, as I say, were paying monthly.Here's a concise guide to MICR and associated technologies.Magnetic Ink Character Recognition (MICR) was developed to utilize the benefits of computer technology in the banking industry. Prior to the use of a MICR line, check sorting by account number was a manual process. Two systems were previously used to handle the large numbers of checks processed in the banking industry: Sort-A-Matic and Top Tab Key Sort.The Sort-A-Matic system included 100 metal or leather dividers numbered 00 through 99. Each check was placed in the corres So everyday for the past couple of weeks, this guy has earned ?2.50 from having a single banner on his website. Assuming this continues for the next two weeks, he will have earned at least ?77.50 for the month. Actually it will be more than this due to the annual subscriptions but let's keep things simple :-) Ok, ?77.50 isn't a life-changing sum of money but let's move things forward a month or two (and this is the bit that the guy clearly hadn't thought of when he emailed me with his 'complaint')..... Month two, assuming the level of sales continues, he will earn another ?77.50 BUT he will also see an income from the second monthly subscription payments made by the members he referred to the site in month one. It is fair to assume that some members may cancel their subscriptions but to date we have a pretty low cancellation rate. Let's work on the worse case scenario and say that 20% of his members cancel in month two - he will still earn over ?60 from the renewals. Add that to the ?77.50 from the new members and month two earnings are getting on for ?140. Things are starting to look a little more interesting.... This isn't just theory - let me back it up with some 'real-life' figures based on one of my actual affiliates.... This particular individual has one link to the SimplyWholesale site from one of his own sites and in the first month of being an affiliate, he earned ?60. Month two, daily sales continued and with renewal subscriptions, my affiliate earned ?230. Month three (the current month), this particular affiliate is on target to make over ?400 in commission. Each week this affiliate refers roughly the same number of new members to the site but look at how quickly the commission payments are growing each month. The point of this article isn't to try and persuade you all to sign up as affiliates for SimplyWholesale (although that would be great!) but to get y Shifting the Sales Compensation Paradigm me with his 'complaint').....Executive SummaryHow do you protect cash positions while balancing the seemingly contradictory problem of keeping cost of sales under control and your sales force intact while revenues decrease. Compensating sales efforts appropriately is one solution for protecting margins, profit and cash. Solving this issue may take creating a new paradigm for sales representative compensation.Longing For the Good Old DaysIt was like a feeding frenzy when business was booming, backlogs were steadily increasing and customers were payin Month two, assuming the level of sales continues, he will earn another ?77.50 BUT he will also see an income from the second monthly subscription payments made by the members he referred to the site in month one. It is fair to assume that some members may cancel their subscriptions but to date we have a pretty low cancellation rate. Let's work on the worse case scenario and say that 20% of his members cancel in month two - he will still earn over ?60 from the renewals. Add that to the ?77.50 from the new members and month two earnings are getting on for ?140. Things are starting to look a little more interesting.... This isn't just theory - let me back it up with some 'real-life' figures based on one of my actual affiliates.... This particular individual has one link to the SimplyWholesale site from one of his own sites and in the first month of being an affiliate, he earned ?60. Month two, daily sales continued and with renewal subscriptions, my affiliate earned ?230. Month three (the current month), this particular affiliate is on target to make over ?400 in commission. Each week this affiliate refers roughly the same number of new members to the site but look at how quickly the commission payments are growing each month. The point of this article isn't to try and persuade you all to sign up as affiliates for SimplyWholesale (although that would be great!) but to get y Make Money With Google Adwords figures based on one of my actual affiliates....Many people are aware of Google's Pay Per Click program , Adwords. People use Adwords for many reasons, to promote their existing business and to try and bring new products and services to market.There are an ever growing number of people however, that use Adwords in a very different way. These people are affiliate marketers. They get paid for recommending other businesses products and services. They hold no stock, work from home when they want to, and a reasonable number of these people create a huge amount of wealth for themselves, sim This particular individual has one link to the SimplyWholesale site from one of his own sites and in the first month of being an affiliate, he earned ?60. Month two, daily sales continued and with renewal subscriptions, my affiliate earned ?230. Month three (the current month), this particular affiliate is on target to make over ?400 in commission. Each week this affiliate refers roughly the same number of new members to the site but look at how quickly the commission payments are growing each month. The point of this article isn't to try and persuade you all to sign up as affiliates for SimplyWholesale (although that would be great!) but to get you to think about the potential of small payments either for your own products or as an affiliate. I have built several businesses around very low pricing structures and it works very well. I am also an affiliate for one or two low price products and some of these schemes have been sending me cheques for years even though I stopped promoting the actual product ages ago (the commissions are earned from customers who I referred years ago who are still using the site or service in question). With online business costs so low, it doesn't always have to be about the hundred dollar products and in fact, the 'less than a tenner' products can also be extremely lucrative.... Copyright (c) 2006 Richard Grady
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Business Coaching #2 - Work-Life Balance & Fulfilled Living The Myth of the Natural Born Sales Wonder
|