Your Ad Here

Affiliate formula


The goal of any business, including your affiliate business, is to maximize
profits. Profit is simply your income minus your expenses.As an affiliate, there are exactly two ways to increase your income.

1) Refer more visitors to the merchants that you represent.

2) Increase the Conversion Rate (i.e., the percent of visitors that you refer toyour merchant… visitors who deliver the response for which the merchant
pays, whether that’s a sale, or a lead, etc.).

Simple formula, right? If you refer 100 visitors per day to a merchant and 1%
buy, you get paid for that one purchase. But if you send 1,000 visitors per dayand 3% buy, you get paid for 30 purchases.

Yes, thirty times more! So it’s pretty clear how to maximize affiliate income!

Of course, every business has expenses,too. Maximizing profits does not implythat you must minimize expenses, too. After all, if you spend no money or timeon a business, you have no business! You must get the best possible traffic-building and sales-converting results for every dollar you spend... and for everyhour you spend on your business. Time is money. Don’t count your hours as zero cost simply because they do not cost you “out of pocket.” Assign your time a dollar value -- it will put your affiliate business on a solid, professional “business footing.



0 comments:

Post a Comment

Popular Posts

Recent posts