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5 Steps to Making $10,000 per Month with Affiliate Marketing

 

5 Steps to Making $10,000 per Month with Affiliate Marketing

5 Steps to Making $10,000 per Month with Affiliate Marketing

If you are dreaming about making $10,000 per month, then using affiliate marketing is an option.

Just know that you cannot go from zero to making $10K. There are steps you need to take to get there.

There are only five steps, but they are all essential.

You must walk these steps, and you must repeat them. Some daily. Some weekly or twice a month.

Consistency is more important than simple taking action.

So let us look at the first and most important step.


Build a List

Email marketing is ten times more effective than social media marketing.

You can share affiliate links on Twitter, Instagram or TikTok until you are blue in your face.

And you can 10X your income by using an email list instead.

How do you grow your list?

You give away a freebie with high value to your audience. If you already have followers on social media, this is where you start.

Get an autoresponder  Click Here For Leads Leap All in one platform.

Invite your existing followers to join you there and give them your valuable freebie.

And now you can send them emails.

Instead of hoping and praying that your social media of choice will show your content to the right people, you are now in charge.

You can send emails directly to your audience. You still need them to open your emails, but we will take care of that in the next section.


Engage with Your Emails

What would you rather read?

A boring text with a link to an affiliate product? Or an engaging, maybe entertaining text that segues into a promotion of a relevant products that will help you?

Your audience is no different from you.

If your audience finds that your emails are always worth reading, they will open every email you send them.

Not everybody will, of course. It is rare to have a 100% open rate.

But if you always do your best and put yourself in the receiver's place when you write an email, you will get high open rates.

That does not mean that everyone who opens will click your link or buy. But we can increase our odds to make that happen.


Find Good Offers

You could be writing the most engaging emails in the world, and you could make your readers fall over with laughter every time you send an email, but if you send them the wrong offer, you will not get sales.

Quite logical, right?

This is why it is mandatory to find the right offer.

The right offer will:

  • Help your audience.
  • Be priced correctly.
  • Offer you a high commission.

The order is important here.

You need to think of your audience first. What would be of value for them? What will help them solve a problem or make more money or save time?

What would they really love to get their hands on?

If your affiliate product is not the answer to their prayers, then skip it.

It also needs to be priced correctly.

If you pick something really valuable, like one month's vacation with everything paid in Bali, and the price is $7...

Your audience will go, "Why is it so cheap? There is something hidden here. I don't trust it."

On the other hand, if it is priced higher than the perceived value, nobody will buy either.

Your audience must believe that it would be worth it to them to exchange their money with the offer.

Sometimes, you will stumble across an offer that fulfills both of these mandatory points.

Maybe it is a membership that costs $500 for a year. Very reasonable, when you think of what the members get. Lots of help and lots of money-making tips.

But your commission is only 10%.

This means that for every $500 you convince your subscribers to spend, you will make only $50.

All things being equal, it is easier to sell a $100 product than a $500 product. And most digital products pay you a 50% commission.

Here you would need to make an estimate:

  • How many $500 products can you sell and how much would that bring in?
  • How many $100 products can you sell and how much would that bring in?

If the answer is two $500 products, you would make $100.

And if you could sell ten $100 instead, you would make $500.

The commission you can make combined with the effort it will take you to make the sale matters.


Create an Irresistible Bonus

Even when you present your audience with the close-to-perfect offer, there will still be some who are on the fence.

Or they consider buying from someone else.

Affiliates will often promote the same products, so you are constantly up against competitors with bigger lists. And some of your subscribers will also be on their lists.

To get your fence-sitters ready to buy and to make your shared subscribers choose your offer, you need an irresistible bonus.

Preferably this bonus will be even more valuable to the potential buyer than the product alone.

If you spot a flaw in the product, it is a perfect opportunity for you to fix that flaw with your bonus.

If you see a way to improve the product, then do it with your bonus.


Make Your Offer Time Limited

During a launch, there will be a natural time limit to the main offer.

Your bonus and campaign will follow the same limits. But if it is not a launch, you can still make your offer time limited.

Let your audience know that if they buy now, they will get your awesome bonus. They can buy anytime later, of course. But for your bonus, it is now.

When you add urgency, you will get more sales.


Rinse and Repeat

You need to keep taking these steps.

Every day, you should do something to grow your list.

Every day, you should send out engaging emails to train your subscribers to open your emails.

Every time you want to promote an affiliate offer, you must find a great offer and create a great bonus.

With these five steps, you can easily grow your income to $10K or more per month.


In Conclusion By following these five essential steps, you can unlock the potential to earn $10,000 per month with affiliate marketing. Building a strong email list, engaging with your audience, finding the right offers, creating irresistible bonuses, and adding urgency to your promotions are the keys to success. Consistency is crucial—keep growing your list, sending engaging emails, and refining your strategy. With dedication and persistence, you can achieve significant financial rewards and build a thriving affiliate marketing business. Start implementing these steps today and watch your income grow!

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