I don’t mean to scare you. All of it is manageable. Take your time to digest the information properly before you start to work on the prescribed action steps.
Use the Goals-of-the-DAY and Ongoing Goals as your guideposts, your beacons of light. Understanding the concepts will boost your confidence level in applying them. Even as adults, we never lose our need to know why things work the way they do.
It’s critical that you finish each DAY of this course before you begin the next. The DAYS build on each other. Always keep in mind that you are following a step-by-step process.
Please don’t feel that you have to rush. Work at your own pace, as time allows. This is not a race. Sometimes, you will be able to devote large blocks of time each day to the course. At other times, you may have only 15-30 minutes per day to spend on it. In this situation, it could take you a week or more to complete
a “DAY” of the course. And that’s perfectly normal!
It does not matter how long it takes you to complete the course. The key is to set aside a realistic amount of time each day to “do” the course. You’ll find it was time well, no best, spent.
Ready to go…
1. DAY 1
Intro To Affiliate Business Basics
Being a great affiliate is NOT about
selling... It’s about PREselling.
Goal-of-the-DAY... This is the only DAY where you have nothing to do except read the material. Actually, that’s wrong. Your Goal-of-the-DAY is to understand, understand deeply, the concepts outlined here, culminating with the concept of PREselling to maximize Conversion Rates.
With this goal in mind...
1.1. Focus on Maximizing Profit
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 (i.e., the amount of money your business makes)...
1) Refer more visitors to the merchants that you represent.
2) Increase the Conversion Rate (i.e., the percent of visitors that you refer to your 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 day and 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 imply that you must minimize expenses, too. After all, if you spend no money or time on 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 every hour you spend on your business. Bye all friends Now We'll meet on next week.
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