Bonuses: Some merchants will offer bonuses for reaching certain sales thresholds, creating another opportunity to generate revenue for major affiliates. For example, a company may offer a $500 bonus to affiliates that generate $25,000 in sales in any given month. While only a very small percentage of affiliates will ever hit this target, it can translate to a higher effective commission rate (the extra $500 on $25,000 in sales is effectively an additional 2% commission). Here’s an example of a bonus commission offer (in this case, $625 for hitting the $25,000 mark and $1,250 for generating $50,000 in monthly sales):
Recurring affiliate programs are definitely the way to make serious income online. If you can add high paying affiliate programs, then you will notice a big increase in your monthly revenue which will allow you to go full time if that is your ambition. Harsh has a good list of programs in the internet marketing field but there are residual programs in many other niches such as health and beauty. So no matter what the topic of your blog/site, look out for some form of recurring income otherwise you are really missing out.
It’s hard to believe the success that this super affiliate has achieved in such a short amount of time. As of this post, Charles has only been in the affiliate marketing business for 9 short years. Yet he has made millions of dollars and become one the top trainers in the business. His Affcelerator workshop training is well received among the elite affiliates in the industry.
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Being an affiliate marketer isn’t a difficult job as you can see. But using your resources to generate enough publicity is the key. Let me suggest to you a few more foolproof methods garner enough views for your links. Join a number of communities and groups as it will help you in gaining enough people you can circulate it around. If there are around 0.1 million active people in a group, then there’s a high chance at least 10,000 would click it. Out of the 10,000, there’s a good chance about 10 people would make the purchase. This is the process you can follow in a number of different groups that’ll help you in gaining some great deal of profits.
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Hello, Steven. Nice article. You have hit the nail on the head. I too believe that both old and new marketing needs to compliment each other to get the desired result. I feel that with data from new marketing solution like social media shall be added to old tools like email marketing and direct mailers to make them more efficient and bring real business value. Thanks for highlighting the points.
Promote up-sells/cross-sells. You can even set up an autoresponder sequence for someone after they purchase and get repeat customers. Depending on the products you sell, you could offer an upsell, or cross-sell related products. For example, if someone buys a digital camera, you can offer to add a lens, a tripod, and other accessories to their order before it ships. Or, if you sell products that people buy frequently (like food or disposable items, like diapers), you can automatically send them offers for new items when you know they’re about due for another order.
Emails triggered by milestones, like anniversaries and birthdays, are fun to get -- who doesn't like to celebrate a special occasion? The beauty of anniversary emails, in particular, is that they don't require subscribers to input any extra data, and they can work for a variety of senders. Plus, the timeframe can be modified based on the business model.