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Showing posts with label income. Show all posts
Showing posts with label income. Show all posts

Monday, December 02, 2019

How Affiliate Marketing Benefits Influencers

Affiliate marketing work table with a computer, mobile phone, notepads, folded eye glasses and many pencils.
In affiliate marketing, merchants rely heavily on influencers as dependable affiliates to market their products. If you’ve had a bit of experience in Internet marketing, there is no doubt you already know why and how affiliate marketing works. Affiliate marketing derives its effectiveness by serving as an online referral program for merchant’s products/services. It thus serves as a very powerful marketing method where a trusted influencer helps to get a merchant’s product/service in front of the right buyers by way of influencer activities online.

Online, many affiliates know very well that affiliate marketing has lots of benefits for businesses and consumers. What many of such affiliates tend to overlook are the benefits in the affiliate relationship for themselves. Since it is¬ human beings who are influencers, many affiliates usually have lots of good reasons why they personally recommend items to their follower’s base online. They all know that all well-known affiliate marketing structures inevitably involve three parties, viz: the merchant/ business selling a product/service, the publisher/blogger/influencer promoting the product/service and the consumer. Without all three benefitting adequately from the marketing structure, it cannot yield good results. Influencers too benefit a great deal from this structure, the reason many take their influencer activities as real business.



 

Following are some of the most visible benefits influencers derive from affiliate marketing arrangements. 

Affiliate Marketing Helps to Grow Influencer Followers

The real strength of influencers always lies in their followers count. That is the income earning asset. Like every marketer knows full well, earning followers organically is always a very big challenge. For many influencers, to get in the big league, they do so many things to grow their followers count first before thinking of making money. With the advent of social media, many influencers now find it much easier to grow their followers count by promoting products /services on many social media channels. This way, they do increase their online popularity through valuable and well-tailored content they routinely post on these channels. When any of their posts manages to go viral on social media, their followers count benefits immensely as a result. What many readers want online are trust, authenticity and authoritativeness of content. Influencers who manage to give their followers these tend to earn more followers as a result. Social media is darn so popular that the ability of influencers to benefit from it is a given. All they need do is to always stand ready to give new ideas and content as well as brand new audiences which affiliate partnerships makes possible. Naturally, if a merchant whose products an influencer is promoting has a strong presence online and he opts to share the influencer’s content, that alone can help grow the influencer’s followers count in multiples. Affiliate partnerships with well-known brands are also a great way to boost influencers’ reputation and legitimacy. That ultimately leads to more followers for such influencers down the road.

Affiliate Marketing Enhances Unlimited Income for Influencers

 
In affiliate marketing, influencers tend to earn differently depending on their followers’ strength or the products they are promoting. There is practically no limit to what influencers can earn from their affiliate efforts. Earning income is probably number-one reason why most influencers choose to enter into affiliate contracts. On the average, many influencers earn some $5000-$50,000 per annum from affiliate income alone while some others by combining other online income streams earn some mind boggling sums. Many influencers with some 50 million or more followers earn big in affiliate marketing. At some point, the bulk of this income comes from passive income from contents they’ve posted in the past which had embedded ads and links.


Affiliate Marketing Allows Influencers to Work from Anywhere
 
Flexibility of work output stands today as an asset in an increasingly busy world. Building up influencer presence online can be quite tasking but with work flexibility, it can be taken on anywhere 24/7 provided there is internet access. That is work freedom which modern day workers really crave for. As an influencer, no matter where you are in the world, so long as you have a working internet connection, you can fully support and grow your affiliate marketing partnerships from there. If this coveted freedom allows you unfettered work to keep producing content such as photos, videos and blogs, you get to earn more clout and money as a result. Because of this work freedom, many influencers now use their own website/blog as a great way to combine their influencer marketing business with their affiliate income. They add passive income to that by working with merchants to embed banner ads/links into their websites and content. Inevitably, that translates to more earnings down the road.


 

Tuesday, July 09, 2019

How to Create Multiple Revenue Streams for Your Blog


Two bundles of currencies, a wallet, a calculator, a notepad and pen on a table.
There are multiple ways to make money from your blog if it has been getting some good measure of traffic.  I have used some of these methods myself while I have never tried some others but I hear of bloggers who routinely earn money from multiple streams of sources. Many bloggers earn just a second pay check from blogging while others earn a fulltime income from same sources. What you earn depends largely on the streams you are using, how good you are at blogging and how popular your blog had become. This popularity is measured by inbound traffic flow to the blog. That is really what brings in the income.


 

For most bloggers, making money with their blog is readily their most important objective for blogging. The better and more consistent they are at it, the more money they make. Many bloggers make averagely $5,000-$20,000 per year while some even post much higher figures from one of or a combination of the following methods.

#1. Display ads measured with Google Adsense where income comes from PPV, pay per view or PPC pay per click.
#2. Affiliate Display ads. You can also earn an agreed percentage in commissions from products actually purchased from ads displayed on your website as an Affiliate Marketer.
#3. Sale of E-books.
#4. Fees from Webinars.
#5. Sale of how-to videos.
#6. Sale of packaged courses.
#7. Direct payments for display ads to announce or promote events or products.
#8. Earned fees for letting others market with your Email list.
#9. Earned fees for helping to run surveys on your blog.
#10. Fees from Magazine or Bulletin subscription.

This list is by no means exhaustive. As bloggers get smarter by the day alongside the deepening of the internet and proliferation of smart hand-held devices like IPhones, Tablets and Smart phones, many more income earning ways get developed by bloggers. It is very crucial to have a viable revenue strategy for your blog because even if you are not interested in making a living from your blog earnings, you need resources to keep developing and growing the blog. You may need 2-5 hours daily to add good content to your blog. This is precious time that you are investing in your blog. This time must somehow be compensated for by what you earn from the blog. Without earnings from your blog, it will be difficult for you to fund and maintain your content creation. If you can’t maintain your content creation, you will not be able to grow your blog to keep it relevant and competitive enough in the densely saturated blogging world.



 

Thursday, February 02, 2017

Why Affiliates Should Have Their Own ECA Stores

Home business work station with a computer, mobile phones, potted plant and sundry work tools.
 It is very good for affiliates to have their own ECA stores at TripleClicks if they want to take full advantage of the good business model that SFI represents. SFI itself envisaged it and therefore encourages affiliates to have their own stores by providing easy access and facilities to do so. As an affiliate, having your own store gives you the following benefits.

1. You can earn sales VP from what you sell in your store.

2. You can make tangible income from the profits in your store.

3. You can promote your own store easily on and offline.

4. You can offer sales promos and even discounts in your own stores to attract buyers.

5. You can offer competitive prices even at reduced rates as you wish in your own store.

6. You can earn extra commissions from promoting the products in your own store.

7. You can sell any products of your choice approved by SFI.

8. You become an accomplished business owner in SFI by owning your own store.

9. SFI helps you to announce and promote any new products in your store.

10. You get an additional communication channel from your ECA store to affiliates.

Sunday, January 29, 2017

How to Boost Your Income in SFI Business

Black laptop with floating dollar billls from screen.

I hardly know of any SFI affiliate who will not relate positively to this topic. Reason is because all SFI affiliates are in the business to maximize their earnings albeit in a cost-effective way. That is exactly why as affiliates differ from one another, their strategies and expectations in SFI also differ. I believe you can make the following your guiding principles if you want to enhance your own earnings. 


 

1. Do only those things in SFI which enhance your income earning capability.

2. Make workable monthly plans and follow them through.

3. Do not overlook tips from SFI, your Sponsors, your a2a Friends and from other Affiliates through the open forum.

4. Be systematic and diligent in working your SFI business.

5. Promote SFI and TripleClicks as widely as you can.

6. Obey and follow SFI rules of success.

7. Read, read, read and learn all you can about SFI.

8. Do not rely on a get-rich-quick route in SFI.

9. Do not dissipate useful energy on flights of fancy in SFI.

10. Approach your SFI business like a business, a real and profitable business.

With the above as guiding principles, you will be able boost your earnings in a cost-effective manner when doing the following to earn income in SFI.

- Do your daily, weekly, monthly and other activities to earn maximum VersaPoints.
- Use cheap or even free methods to promote SFI and TripleClicks.
- Set up a Standing Order to buy important goods at up to 17% discount.
- Position your business to earn income from ALL income streams on offer in SFI.
- Position your business to leverage on your past efforts at duplication to earn more income.
- Position your business to use the recommended 3-step plan to boost your earnings. 



 

You can do all these things effectively and efficiently by promoting your business cost-effectively, building a viable downline cost-effectively, teaching your downlines to promote and build their own businesses cost-effectively. If you can replicate that over and over again, through at least 5 active PSAs, you can successfully boost your earnings in the most cost-effective way.

I do hope this information helps. Happy earnings!!!

Tuesday, November 29, 2016

7 Timeless Lessons About Making Money

Stack of $50 dollars bills potruding from the hip pocket of blue jeans.
I always argue that money-making is not a modern science. The principles have been with us since ancient times, and they are as valid and reliable today as they have always been right from ancient times. Why then do many people find it difficult to make and grow money using ancient wisdom? Fact is, anyone can make money so long as they follow the rules. These here timeless lessons which our grandparents used can also be used by us for similar results.



01. Increase your ability to earn. No matter what business you are doing, it is within your power to increase your ability to earn. This is rather very obvious. The better your ability to earn, the more money you make. If you want to increase your income, you must increase your ability to earn. If you want to increase your ability to earn, you must increase your value to society. This you can do by improving yourself and learning more skills relevant for your increased productivity.

02. Control your expenditures. This you can do by striving to spend less than you earn. Somehow, earned money never seems to be enough for spending. It takes real discipline to keep expenses down while striving to increase your earnings. This is one very potent way to grow your money. If you are sincerely keen on making money/building wealth, it helps to get on a budget, and to start spending less than you make. The balance left can go into savings and or investments.

03. Guard your money from loss. Even if you are able to build up a lot of wealth through the careful investment of your money, you will discover that it is far easier to lose money than to gain it. What to do! Just explore ways to guard your money from loss through careful vetting of any investment. What that means is that you should not be reckless or stupid with your investments. The wisdom of the ancients says, "Guard thy treasure from loss by investing only where thy principal is safe, where it may be reclaimed if desirable, and where thou will not fail to collect a fair rental. Consult with wise men. Secure the advice of those experienced in the profitable handling of gold. Let their wisdom protect thy treasure from unsafe investments."

04. Insure a future income. You may be aware that your entire life is divided into three distinct segments namely, your learning years, your earning years and your yearning years. Naturally, as you age, your ability to earn income will drop. You won’t be as ambitious, your health will begin to fail and there is a very real possibility that you’ll someday die. That is inevitable anyway. Therefore, the smart thing to do is to plan ahead for the day that you will no longer be strong enough to be able to work. That is, during your yearning years, what can sustain your income will be returns from long term investments. Making profitable long term investments is a great way to “insure a future income.”

05. Make regular savings. This is what the ancients refer to as “make thy gold multiply.” In modern terms, you make real money through savings by way of “compounded interest.” That happens when you put your savings to work to earn more money. Habitually saving a percentage of your earnings, say about 10% over time accumulates somewhat and with compounded interest, your money grows exponentially.

06. Earn from investments. This is what the ancients refer to as “start thy purse to fattening.” It is one smart way to allow your money work for you. You can do a variety of investments, from stocks to real estate investing to gold. All of them yield money for you in a variety of ways even with a one-time investment. With good investments, you earn income around-the-clock 24/7 even if you do nothing else but watch.

07. Make where you live a profitable investment. In ancient times, this was the same thing as “make of thy dwelling a profitable investment.” In modern times, when it comes to matters relating to where you live, it is better to take a mortgage than to pay rents in perpetuity. Rents do increase over time, but mortgages remain relatively stable over a prolonged period of time. Therefore, with mortgages, you are making a profitable investment in the home you domicile. That is one great way to save money and to grow your wealth.



As you can see from the foregoing, making money/creating wealth is not rocket science. The principles may be very old and have been around since ancient times but they are just as important today as they were back in ancient times. Wealth creation and making money is not a mystery. It is not luck and it is not a secret. It is a repeatable process, something anyone can do if they are discerning enough. In fact, you can find all these principles in my favorite “little money book” published in 1926 by George Samuel Clason. It is named “The Richest Man in Babylon.” With it, Mr. Clason tells his wealth creation stories with a collection of parables which are as relevant today as they were in ancient Babylonian times. Get a copy of that little book for yourself today.

Monday, November 28, 2016

6 Probable Reasons Why You Are Always Broke

Two hands with wrist watch, bangle and ring holding out a couple of dollars bills.
Worldwide, it now appears that many people are just scraping by financially. Even those not technically classified as poor are just managing to get by financially. The sad result is that many of us are always walking around broke even if we earn regular incomes. Somehow, for most people, that income just isn’t enough to allow them live the kind of life they will like to live. Here now are some of the probable reasons why.



01. Poverty comparisons. If you always think that your financial situation is better off than someone else who maybe starving, that does not make your own financial situation any better. What you are doing is simply trying to make sense and justify your financial situation by finding others that are worse off than you are. That in a way explains only your own situation and can leave you real broke while thinking that you are better off than some other persons.

02. Financial recklessness. The habit of spending money on things you don’t need and can’t even afford is one common form of financial recklessness that may leave you broke most of the time.

03. Economic illiteracy. If you are always broke, chances are, you are economically illiterate. It means you either spend money without giving a serious thought to the value of money and the wide range of uses it can be put or you are just taking money like any other commodity that is expendable. That is economic illiteracy and it can leave you real broke most of the time.

04. Over-dependence on paid employment. Most people who are on paid employment live from paycheck to paycheck and they are always broke. These are people who work 9-5 daily and they are always looking forward to the next paycheck. If you are unable or unwilling to engage in activities that will allow you earn additional income alongside your paycheck, you will always be broke.

05. Trying to live like the Joneses. This is one form of financial recklessness that can leave you broke all the time. Trying to live exactly the way your neighbor is living is reckless. Doing things with your money exactly the way you see your neighbor doing them is not on too. The earlier you come to the reality that you are not Mr. Jones, your neighbor, the better for your finances.

06. Financial apathy. If somehow you become apathetic about your finances, you will always be broke. There is no way you can have money if you don’t pay attention to it. It helps to admit to where you are financially and start paying attention to your money. Acting like there is no problem doesn’t make the problem go away, it makes it worse. Money issues are so very serious issues which no one who wants to avoid being broke most of the time can afford to ignore.