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Step 2: Increase Conversion Rates. Offer incentives to those who buy through your affiliate link. For example… free ebooks, software, ecourses, etc. People love gifts.
Step 3: Increase Your Profits Per Sale. You could raise price of your product or service. Or you could raise your commission per sale, especially if you can pull in good sales for program you are promoting. Just ask program owner or manager. You could also get more affiliates into your program or joint venture with more potential partners (this is extremely powerful).
Step 4: Sell More To Existing Customers. This is main one. Get same customer to consume more products or services. This means more commission for you. This is Real Affiliate Strategy! It is easier to sell to an existing customer than it is to find new customers… and it’s cheaper too. Once you have a customer, keep in regular contact with them. Don’t keep selling to them, otherwise they’ll feel used and walk away. Get them to subscribe to your newsletter. This could be a bonus for them buying your product or service. If you don’t have a newsletter, send articles to them every now and again. Make sure information you send is relevant to them. They’ll begin to trust you more and more, over time. Then, when you advertise, you will get guaranteed buyers of your product or service. Best of all, it will cost you nothing to advertise to them again!
The key strategy is Step 4, as this incorporates all other strategies. Now this brings us to Real Deal...
This is derived from existing customers. The difference here is that when you sell a product, you make a one time profit. With a recurring income you make a monthly profit from existing customers who pay a monthly fee for your product or service. This keeps going for as long as a person remains a paying customer.
Which do you prefer… a one time profit or a continuous income from a customer for a one time effort?
I know which I’d go for!
The bottom line is to focus on affiliate programs that offer monthly commissions. Work once and get paid for as long as that customer stays a member of your program. To do this it’s best to sell a product to a person and then follow up with them afterwards. A person will more likely pay for a product than join a program where they have to pay a monthly fee. Use steps above to help you get your new customer to join your monthly program. This is Real Deal.
Anthony Farrell is a member of Profits Vault Monthly, where you can earn a monthly residual income, and from resale rights. For a Free eCourse on how to do this, please send a blank email to... mailto:ebooktosuccess@ListWarrior.com Newsletter: mailto:email@example.com