Depending on the price point of your products, you can safely say that once you're launching it, if you expose it to your customers and affiliates at the same time, you can expect to cover the cost of the software, I would say on average, within two to three months. Cover the annual fee of whatever software that you're paying if you stick by the initial strategies that I mentioned, and you're aggressive enough to get enough exposure to it.
So many brands and companies build their audiences on Facebook and Google+, which is fine, but we don’t own those names – Facebook and Google do. If we are thinking like real media companies, the asset is in the audience. Getting an email address is the first critical step to figuring out who my reader is and, hopefully in the future, my customer of some sort. If our goal is to drive sales or keep customers happy in some way, we first need to get them as part of our audience. If I have one regret as a business owner, it’s not focusing on building our email list earlier in the process.
Part of the affiliate marketing game involves picking out merchant partners and products to promote. If you’re promoting a crap product, you can probably send some traffic through the affiliate link by doing a good job of marketing it to your audience. But once they get to the merchant site and are disappointed in what they see, they’re probably going to abandon.
The diverse array of companies involved in email marketing ensures that no one party can make changes that would have a widespread effect, and unlike Facebook or Twitter, if you invest the time and money into building and cultivating a great email list, your subscriber list will be an asset you own. Thus you’ll be able to leverage your list without the threat of someone limiting its effectiveness.
A lead magnet (a.k.a. an optin bribe) is something amazing that you give away for free in exchange for an email address. This doesn’t have to cost you anything to create; most lead magnets are digital materials like PDFs, MP3 audio files, or videos that you can create yourself at minimal or no cost. It can be absolutely anything you want, so long as it provides value to your visitors for free.
It can mean sharing it on your social media profiles. It can mean including a few articles or video in your weekly newsletter that relate to your products. It can mean going on internet forums and replying to individuals whose questions you know how to answer. It can mean writing a guest post that gets your name and website name onto another person’s site, expanding your reach to their network as well.
You might think that super affiliates would not want to help each other, but this is not the case. In fact, super affiliates become super affiliates because they help each other. Jim and Sue will sell Bob’s e-book. Next month Bob and Jim will promote Sue’s software tool. The month after that Bob and Sue will peddle memberships in Jim’s online community. Go through the archives of different super affiliates’ blogs and sign-up for their email newsletters. Watch for who they sell for. Then, follow those people. Soon you will uncover the pattern of cooperation for yourself. Notice too that super affiliate clans tend to share an industry or niche. This ensures that no matter whose product or service they are selling, they will always be selling something that can interest their audience.