How to be Successful with Affiliate Marketing? Here’s How I made Six Figures with this Formula!

Hey there, glad that you are here, and welcome to this video. If you are someone looking to learn affiliate marketing, or you are trying to decide if you should be spending money on an affiliate market platform, then this video is going to be very helpful to you. Because not only you’ll be able to understand what affiliate marketing is and how it use, youll also know the success formula of affiliate market that most gurus out there are charging hundreds or thousands of dollars schooling this. I am sharing this with you because I know it is going to be very beneficial to you, extremely if you are new to this. Hey, this is Jack from Income Stream Builders, and since 2017 I’ve retire my full-time job, and I’ve been able to generate a full-time income from home through affiliate market. Since then, I’ve spend thousands of dollars learning from different gurus about affiliate market, and implemented their strategies. And I realize that everyone of those leader are basically schooling the same thing, but only an synopsi or a more focused version of what I am about to share with you.What you are going to learn in this video is an overview of a success formula in affiliate market, and because there are so many topics within this overview itself, there will be more helpful videos coming your practice in this channel. So, if this is your first time here on this path, do click the subscribe button and check that bell so that you’ll be notified whenever brand-new videos are published. So, this video is a little lengthy, but its required. I won’t waste any of your time. I well known valuable your time is. So, if it is convenient for you right now, satisfy block out everything else and focus on this, or if its not convenient for you right now, then I recommend that you save this video tie-up and is coming to it when you have the time.So this video will be broken down into several parts. First, we’ll be talking about what affiliate marketing is, then well be talking about the success formula for affiliate sell, then I also be sharing with you a hypothesi called the stages of consumer awareness which is a crucial concept to understand if you want to be successful in selling anything online. It confines particularly neatly into the success formula, then we will dive into each of the elements of the success formula, and then we will wrap everything up with some suggestions to you on how are progressing. There are really a lot of things to cover, so let’s get started. Now, if you don’t know what affiliate marketing is, it is simply a strategy for companies to promote their produces without having to pay for advertising.Instead, the companies will compensate a defined is tantamount to people, like you and me, whenever we can bring leadings or auctions to their business. So, for example, fellowship A here wants to promote its concoction through affiliate commerce, they create an affiliate program and says that they will pay its affiliates 30% board whenever a sale is fixed. So, parties like you and I can assemble the company as an affiliate. Once we are approved as an affiliate, they will provide us with a unique affiliate relation. We need to use this affiliate link to promote the products of the company so that any auctions or contributes obtained through this association will be labelled to us, and that’s how they compensate us accordingly. So, we will go out there and share this link to the world, and how we do that is through media like blogs, social media directs like Facebook, YouTube, Instagram, Snapchat, or whatever.All such is announced traffic programmes. But, if you are just going on these channels to share your link, hardly anyone will buy, like if you are promoting a weight loss product, and you assemble a weight loss Facebook group to share your link, hardly anyone will buy, and there is a chance that you’ll get censored. And that’s why for each and every of these traffic methods, there is a requirement to proven strategies to promote affiliate makes. Well talk more about this in awhile. So, there are people who are using Facebook, YouTube, Twitter, or whatever, and if someone happens to click on your affiliate link, which casts him or her to the company’s website. Then, he or she buys a make which maybe cost $100. The company will pay you $30, because you are the one who attained that marketing happen. So, this is how affiliate marketing runs. I hope this simple illustration is helpful to you. If you have any questions feel free to leave a comment below.Now let’s move forward. The success formula for affiliate commerce is this. First, you need traffic, we’ve talked about this just now. You need beings to look at your render and buy something, and if you don’t have freight, you won’t make money. It is as simple as that. So, you need traffic, but not any kind of traffic. You need people who may be interested in the products that you are promoting. There are modes that you can identify interested expectations; we’ll talk about this when we go in detail about this section last-minute. Then next, there is a requirement to an affiliate connect. This affiliate bridge is a process for you, as an affiliate marketer, to show that you understand the problems, the requires, the needs of the people, as well as demonstrating that the products that you recommend are most likely solve their problems.Then, you gotta get parties to either trust you or trust that the products will work for them in the process. If you can hit all these indications, by the time those people read the final product, they will more likely buy from it. Again, we will come back to this section later. Now the final ingredient in the formula is a profitable product or an affiliate program. There are a few things to look at to identify a profitable product. First is the commission rate. So, for example, if your goal as an affiliate marketer is to earn $ 3,000 per month from your business. I believe this amount will get you out of any full-time job.If “youre ever” selling a make for $100, but you are only getting$ 2 of each auction, then you need to sell 1,500 entries per month to get a $ 3,000. Now, in comparison, if you sell a $100 worth of produce and you get $50 out of it, you only need to sell 60 components per month to get the $ 3,000. The higher the commission rate, the quicker youll reach your goal. This is the first thing that we look at when identifying productive products. Now, the second thing to look at is if there is a value ladder of commodities, which normally looks like this. You’ll begins with a low-pitched ticket or a free make at the bottom, and you specify significance to the consumer even though they are the concoction is free. Then, if consumer interests notes appreciate in what you offer, you have another level of produce that responds to a higher value. If you are going to promote a concoction that costs a few thousand dollars upfront, it will not be as effective.So, the highest the price that you can offer, the more expensive it is. For example, if you get a free voucher to a dentist to cleanse your teeth, the next thing you are familiar with, after the Dentist worked on your teeth for a few minutes, she will ask if you are a smoker because she sees that your teeth are yellowed. No one likes yellow-bellied teeth, so the Dentist says no problem, I will get this fixed for you if you want to.Then you consented, and she starts with teeth whitening, and then the Dentist doesn’t stop there. After a while, the Dentist suggests that you need a retainer because your teeth is shifting. So and before that, you’ve invest $50 on teeth whitening and then a few hundred dollars on the fee. This is what we called the value ladder. The Dentist addresses your needs and then hints a higher valued produce to you. And in this case, the teeth whitening and the retainer.Another illustration is the apple commodities. First, you have the iPad, then you have another add on of the apple pencil, then the apple keypad, and then the sleeves, and so many other things. It depends on the needs of the user. And the better the company can identify its cost ladder of commodities, the better for its affiliates. Because you can promote a low-toned ticket produce upfront for a company, and then you continue to get paid whenever the customer buys a higher ticket product, that’s how you give a lot of fund. Of trend, the products you promote are required to comply with the needs of the people; otherwise, everything will not make sense. Now, I want to share with you another significant concept called the 5 stagecoaches of customer awareness. This notion is very useful to you if you ever want to be successful in affiliate marketing, ecommerce, or basically selling anything online.Everyone who ever considered buying anything online will go through these theatres. Our job as an affiliate purveyor is to influence consumers to go from one place to another to eventually to buy a product. So, the first stage is where a person who doesn’t know that they have a problem. Like for example, a girl who has an oily scalp that might lead to hair loss in the future, but right now, he has his whisker intact.Or when a person is young and healthy, they don’t feel the need to buy insurance. This stage is where the problem of that person is not apparent hitherto. And this is the hardest group of beings to convince and head them to the next stage because they need to have a self-realization before they can shift to the next stage.No one can tell this group of parties they have a problem, merely they will know it themselves when the problem is more apparent. So, commonly for affiliate marketers, we don’t want to target this group of beings, because it is a waste of time, act, and money. What we should be more focused on is the next group of people who once acknowledges that they have a problem. At the current stage, it is much easier for us to communicate because the prospects are more aware that they have a problem. Now it is up to an individual or the prospect to decide if they want to progress to the next stage to solve their problem, or they just wanna leave the problem hanging.And as affiliate purveyors, our job is to try and influence our prospects into the next stage, which is the solution stage. Remember, just now where we talked about the affiliate aqueduct, this is the bridge for consumers to go from “now I have a problem” to “I found the answer , now I am going to try it, ” and in between is how you communicate with your consumers. Showing that you understand their problems and issues, demonstrating that the products will work for them, and going them to trust your recommendation. I hope this is making sense to you. Stage 3 is where people have buying goals. They won’t necessarily invest a couple of thousands on produces upfront, but they are willing to spend some money trying produces. And if you can get beings in place 2 to this stage then you’ll be able to earn money.And in stage 3 if the consumers found that the commodity is just what they need. Then they will commit to it which means they will go all-in with the make expend hundreds of thousands of dollars on the product. Remember what we just said about the appreciate ladder of commodities just now. This ties very closely with the success formula. So, in stagecoach 3 it is about promoting a product that is low ticket but caters good value to buyers. And, in stagecoach 4, the consumer really likes the commodity that youre promoting, and they are willing to spend more fund. For example, it could be a $ 30 spa treatment in theatre 3, but because the consumer likes the therapy so much better, that they purchased a year-long package that cost a couple of thousands. Stage 4 is where shoppers are willing to devote a lot a lot of money on a specific product to solve their problem. And finally, the last stage is changeover. When a person feels that the product or service that he or she bought has completely changed “peoples lives”, like if he or she was a fat person who now turns muscular, or if he was a bald guy who now has baby hair.What would that person do next? Will they go out there and share their experience with others? You bet so, right. They will go out there and tell others who have the same problem as the government has. This is the stage where people become advocates of a company’s product or solution. So these are the 5 stages of purchaser awareness, just take a minute and think about it. When was the last time you bought something meaningful, did you go through these places unknowingly? Leave a comment below if you have an epiphany. Now, we, as affiliate purveyors, need to focus on creating content that serve these 2 groups of beings. People in the problem awareness stage and parties in the Solution awareness stage. If the person you are talking to is in the problem awareness stage, you want to lead them to the solution stage, and if they find themselves in the answer stage, you wanna bring them to the product stage. I hope this does feel to you. Anyway, before I move forward going into detail on the traffic and the affiliate connect, I hope you’re liking the information I am sharing.And if you do, I hope that you can demolish that thumbs up button below this video. Alright, let’s get moving. The traffic. As I’ve mentioned, there are a lot rooms for you to get traffic. Blogging, Youtube, Facebook, Twitter, Snapchat, TikTok, or whatever. But, you can’t apply every single method because it will blow your head. The quantity of creation that is needed to be done to be successful in any one of those traffic approaches is big. I haven’t seen anyone becoming successful because they focused on all the traffic techniques. However, countless parties became successful, are concentrated on one or two of trafficking in human beings techniques. You merely have to figure out which traffic programme you are most comfortable with. And, if you want my suggestion, I would say Blogging and YouTube for free traffic methods.But if you are an introvert who doesn’t like to talk to people or appear on videos, then blogging might be suitable for you, but if “youre ever” comfortable in front of the camera, then obviously, YouTube is ideal for you. Then, I would recommend Facebook Advertising if you are willing to deplete some money on get traffic. If you miss my recommendation on a good trend that learns these traffic methods, do check out the links in the description box below. But anyway, we will be deep-diving into each of the traffic techniques in future videos. Once they are available, I will affix a join in the description as well, or if you just wanted to get apprise on new videos on this channel, then hit the agree button and check that bell notification.But now I just wanted to realize some separations on this big topic, traffic. And I want to give you some penetrations into the mindset and the psychology of beings abusing the internet. Traffic is broken down into 3 groups. We have cold traffic, heated traffic, and Hot traffic. You must realise that whoever comes in contact with your material has different intentions. Most of the time, beings deplete material when there is a need; they will more likely go to search engines to look for information instead of searching for information on social networks, like Facebook, Instagram, and all. And whatever that they are searching for in the search engines, you can determine their goal. For example, if somebody was to look for a spaghetti recipe, what does it imply? It means that they just want to get recipes, it is that simple, they don’t have any intention to buy anything.So if you are someone creating content on a Spaghetti recipe, make sure that you don’t sell pots and goes to them. Most of the time, if you ever search for any food recipes, these websites, they won’t sell anything to you right up front. Because they know it won’t work, but they will try all means to get your contact information because they know, you may be interested in buying stuff in the future, but not right now. That’s the intent and a psychology behind person searching for food recipes. Now, if somebody were to search, for example, the keyword “All-Clad Metalcrafters Review, ” which is a brand. What does it symbolize? It means that the person is interested in buying a product from All-Clad Metalcrafters, because perhaps he or she got some recommendations from friends or category, or maybe he or she saw an advertisement somewhere, but the key is, that person is interested in products of that label. So, if you write a review that reactions all the questions that the person has, you may be able to get that person to buy the product through your affiliate link.So, technically, people who are searching for product recalls or best labels for metal jackpots, for example, have buying intents. So, they are in Stage 3 of awareness, which is the solution stage, and hence they are warm traffic. And hot traffic is basically people who are followers of commodities or at least they don’t mind spending a lot of money on the product or solution, and they won’t hesitate to share their product experiences with others.Now that we know there are 3 types of traffic tell us talk about free traffic and paid traffic in general. Let’s talk about paid traffic first, you will pay money to buy ads, it doesn’t take much effort to create an ad or to run an ad campaign, but you need a lot of knowledge and skill, like copywriting, reason, and persuasion.You need to understand what makes people want to click on your ad, what makes people want to pursue further through your ad, and how you get parties to buy something at the end. If you are a beginner, it is tough for you to acquire this kind of skill, it requires a lot of pattern. If you go out there, pay a few cases hundred dollars or thousands of dollars to buy a course that claims you can make money fast, it is through paid ads. But the thing is, they can teach all they want, but if you can’t comprehend the ideology behind a successful ad, you won’t be successful. And more likely, you’ll be losing money on buying the ads.Every guru will tell you that you shouldn’t magnitude an ad if it is not a prevail ad. A winning ad necessitates a dollar in ad waste that converts into more than a dollar in receipt. But what you don’t know is that for apprentices, as you are acquiring that knowledge, you’d probably take 20 tries or 50 tries or even more, before you were identified successful ad. This means that you are probably going to spend another $200, $500, $1,000, or even more to buy traffic to find one winning ad that’s on top of the money that you’ve spend on a course. Many parties go into paid push expecting to earn quick money. They go in there, create one ad, they run it, and expect things to happen. But when they are tried 2 occasions, 3 times, and expended quite a sum of money, they found themselves not making coin at all, and in fact, they are losing money. And as they progress without answers, they didn’t think that seeing a successful ad is possible, and they cease. Why do I know this? Because I’ve tried it myself, and it is not easy.You can earn money really quickly if you been identified successful ad, but for you to find one, it requires a lot of knowledge and skill from you, as well as a lot of fund to spend on ads. In general, if you intend to go into paid advertising, I would recommend that you meet a civilize planned that comes with personal coaching. Because through personal coaching, you can learn from someone who is more experienced than you, and you can learn, you can acquire the talent much more quickly. If you want my recommendation for a paid pushing develop planned that comes with personal coaching then check out the link on the description box below. Now, let’s talk about free traffic.If you are someone who wants to earn money online without spending a lot of fund then, Blogging and Youtube will be good for you. But, here’s the reality. Good-for-nothing is easy, even for free traffic, free freight doesn’t mean its free. There is always a trade-off. With Free traffic, you gotta spend a lot of time and effort to acquire it. You have to create content and nonsense regularly. But, leading deeper into free traffic, there are mainly 2 informants, one is from Social media, and the other is from search engines. You gotta understand the differences between these 2 to come up with a strategy. Social media traffic is immediate, but it wouldn’t last-place. For example, you affixed an section tie on Facebook, you can get quick traffic to your content, but if there is little to no involvement on your berth, it will get dropped.You will never get consistent commerce from Social media, unless you frequently post interesting content. And people from social media, they are more likely to be in stage 1 and 2 in the stages of awareness, unless they already know about you beforehand, and hence then there cold traffic. They have no intention of buying anything upfront. You gotta understand this. Plus, beings from social media, they expect to consume interesting content, they are not interested in a make re-examine or a best of kind of content, or any salesy material, and all.So if you are going to get people to read your content on social media, make sure that it is interesting to them. And, you gotta make sure that as well that you are capturing your readers’ email addresses or contact information so that you can lead them into a buying state later on. If you don’t do that, then you can’t expect any marketings from social media. Does this make sense? Now, trafficking in human beings from search engines is diverse. You can identify the search intent through the keywords beings type in Google or youtube, and how they land onto your website. They can either be in stages 2, 3, 4 or 5 depending on the content that they are consuming. And the one thing about this is that once your content is ranked highly on search engines, especially for keywords that are targeting parties in theatre 3, you will get consistent targeted traffic that generates marketings. That’s why previously you are familiar with these 2 sources of traffic, you can come up with a traffic programme, like creating material on your website that comes search engine traffic, and then you post your essay associate on social media channels.I hope this starts appreciation. Now lastly, we are going to talk about the affiliate bridge. There are many ways to do this. Once you got the traffic, you gotta send them to this affiliate bridge, it could be a way for you to get a contact information as I’ve have just mentioned, or you could send your traffic straight-from-the-shoulder to a video or blog upright that will help you transmit a letter addressed to your gathering. And the theme you need to show that you understand the needs, wants, troubles, and passions of your target audience. Then you need to Build rapport and trust, either to you as an affiliate marketer or towards the product that you are promoting. And ultimately, youre gonna demonstrate that your concoction that you are promoting can solve the problem of your target audience.If you can hit all these pointers, you will have a very profitable affiliate bridge. Let me give you an example if someone were to land on an commodity that you have written, maybe it is an article about the best guitar to buy for rookies. In that essay, you deliver the information that he or she is looking for, but you can go further to figure out the guitar tour of that individual.Maybe that person is really a novice who wants to start playing guitar. Then in that article, you can pique the interest of that person by offering a simple chord progression training that will help that person play like a professional in minutes, that will probably get the attention. Then before he or she can get that course, you ask for an email address. Then, formerly he or she put in the contact information, you can send that person to a video whatever it is you coach the chord progression, you introduce yourself, share with him your travel to playing professional guitar. You deliver what you promise to that person. Then after that, you recommend that person to check out a guitar training course.If that person joins the training course, huge, you made a sale, but if that person doesn’t check out that training course right at that moment, that is fine because you have the contact information. Then, a day last-minute, you send a handy email to that person and learn him a second set of chord progression, then some days later, another email that offer more price. If that person depletes your material, most likely, he or she would have already established some confidence in you or whatever that you promote.Then again, you ask that person to check out the training course again. So it is the lead capture page, a video, or an essay that fulfills the promise acquired on the make captivate, then email sequencing. This is a highly effective way to promote any affiliate commodities. I hope this originates smell to you. So, this is an overview of how you can be really successful with affiliate marketing. I want to thank you for your time here with me, and I hope that this information can help you decide whether you should or should not join a learn planned. If you demand my recommendation, do check out the links below this video I’ve gone through numerous training programs and these are the ones that are genuine in teach you how to succeed. I’ve left some bonuses in the links as well. Anyway, I hope you have learned a lot from here, and do crash that thumbs up to let me know that I have done a good job explaining. And if you have any questions at all, feel free to leave them below in the comments area.This is Jack from Income Stream Builders, don’t forget to subscribe to this channel and check that bell for more helpful videos like this. All the best to you, and I look forward to seeing you attained ..

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