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this is a website about internet marketing, making money
on the internet, affiliate programs, underachiever's formula, e-commerce,
internet business, how to make money, residual income. it is also web
hosting, ebook cover, google adwords, google cash, ppc advertising,
google money. Stop Being An Ignorant & Broke Affiliate, Learn How To
Be A Rich One! If you need a straight, no minced words, free article
for content, regarding why & what it takes to be successful in an Affiliate
program, along with a "Scam Advertisers Blacklistem Forum", feel free
to use this article by Mac, titled: Stop Being An Ignorant & Broke Affiliate,
Learn How To Be A Rich One! You have permission to reprint on your web
site or in your e-zine. Please insure the following: a) The article
is printed in its full form with no changes. b) You include the byline
at the end of the article so all affiliates can benefit from the article
and the "Blacklist All Crooked Affiliate Programs" discussion & message
board. By MacD Nov.20/2004 http://www.moneyhonesty.com Home of Trustworthy
Money Making Opportunities. Affiliate Programs: As you read on you'll
see why a 2 tier system gives everyone involved the same Honest opportunity,
and WHY everyone involved makes MONEY. And the sweet thing about it..
Every individual Affiliate starts building their OWN Independent, Profitable,
Private Little Empire...IMMEDIATELY! This is ACCOMPLISHED by Affiliates
sticking together. Did you know Affiliates are the Largest Group of
workers on the Internet? Let's put that to work for us. Don't be saying
- To heck with him, why should he make any Money? That means you don't
get it yet. (working together) . If you don't want or think, the Affiliate
who introduced you to a great Affiliate program you signed up with (their
actually your partner) deserves to make any money on your sales, and
you figure you can make the same or more without him. "You better think
again". If every Affiliate thought like that, it wouldn't be possible
for ANY Affiliate in this whole World to make much money. And surprisingly,
that's one of the reasons the majority of Affiliates don't make any
money. That, along with the dishonest schemes just around every corner.
( More info. on schemes, a list of scam advertisers and a scam forum
& message board at http://www.moneyhonesty.com/disc2_welc.htm ) Your
forgetting that it takes a whole team. Everyone relying on each other
to pull their weight. "Team play is EXTREMELY CRITICAL" (It's the ONLY
way you can assure success in an online Affiliate program) If you truly
want to make as much money as you possibly can from your Internet marketing,
you *MUST* work together with other Internet marketers (Affiliates).
PERIOD. No matter what you are trying to "do" with your life, you will
excel at a much faster pace by surrounding yourself and learning from
others that are also trying to do the same thing. You are reading this
because you are trying to make money from home as an Internet marketer.
You are trying to build wealth by making money from your efforts on
the Internet. You can certainly "go it alone" but if you take advantage
of how EASY it is to make friends with other Internet marketers, and
then to share in their results and experiences, you will make FIFTY
TIMES the amount of money than if you only rely on yourself to build
wealth with the Internet. It's tough for a beginner to "pick and choose"
an honest program, tougher yet trying to work with a loosing situation
constantly in their face. A good Affiliate program will take care of
the "pick and choose", then all you have to do is work together. It's
quite simple to be doing well as long as your all on the same page.
Smart Affiliates actually work WITH & FOR each other, and are achieving
their goals. I long for the day when all Affiliates realize that fact.
REMEMBER Your Business will grow by everyone being reliable and working
together. So, if you still don't get it.....read on. It Gets Better:
Your sub-affiliates earn the same high commissions YOU DO, selling and
promoting the affiliate products. With a sub-affiliate program (two
tier), you have the opportunity to recommend the Affiliate Program to
your customers, subscribers, visitors, opt-in e-mail list, etc... and
recruit an army of sub-affiliates. For each sale that one of your sub-affiliates
make, you earn a percentage of your sub-affiliates sale above and beyond
the high commission that they're earning! (Your % from your sub-affiliates
sales come straight from the owners profit, not from your sub-affiliates
earnings.) And this translates into extremely easy residual income straight
into your pockets.... There's nothing like working from home... More
and more people are dropping out of the 9 to 5 rat race to offer services
/products from home. They start part-time and grow their business until
they can finally quite the daily grind that pays them scarcely enough
to make ends meet. And more times than not, it's not enough... Like
I mentioned above, Affiliate programs are filled with "get rich quick"
schemes. You must consider each opportunity carefully. Anything that
offers big money for no work is a scam. Think about it - they wouldn't
even need you if that was the case. Now the good news... If you put
the effort into building your business, Affiliate programs can make
working at home a very effective, justifiable and exceptionally profitable
choice. A Comprehensive Plan Having a comprehensive plan in place from
the get-go will help ensure that your affiliate business is built on
a solid foundation of loyal customers. With the right approach, you
can use a good solid Affiliate program to build lasting relationships
with those customers -- AND help them grow their own businesses! The
Internet is still young... we have not yet scratched its surface. Start
now though, while the opportunities are still great. If you don't take
the initiative now, and get started towards the lifestyle you want for
yourself / your family... To cut a long story short - If you do NOTHING,
wherever your at now, is where you'll always be. I can't predict where
your headed, or not headed. But I can say this, DON'T JUST BE A READER
- BE A DOER! If you keep repeating actions which fail, you'll continue
failing. If what you're doing isn't working well, it's time to change
it, to move out of your comfort zone and try something new. However,
whatever you do, if you want to start an internet business you have
to take action. Remember The Unwritten Affiliate Rule: Successful Affiliates
Work With Each Other, Not Against Each Other. We are all working towards
the same end. Most Guru's Were Once An Affiliate, Keep That In Mind.
Have You Noticed That Group Of Guru's At The Top Today. They STILL Work
Together, Everything From J V's To Brainstorming New Product "TOGETHER".
They Knew How To Do It Back Then, And Still Do It. We Can Do It Too!
If We All Work Together, We Can Be The Next Group Of Guru's At The Top.
Please keep this intact, so all Affiliates can learn from the above
article, and also take advantage of the "Scam Advertisers Blacklistem
Forum & Message Board" to put a stop to working relentlessly and then
getting beat out of their "HARD EARNED MONEY" MacD, Author & Webmaster
of http://www.moneyhonesty.com Home of Trustworthy Money Making Opportunities.
*** Be very careful about your promotion program, there are many schemes
out there where the program is legit, makes huge money, makes fantastic
promises to the Affiliate, But you will never, ever get paid. Their
mindset - Get free advertising for your Product, compliments of your
friendly Affiliate. I'm an older Affiliate and I'm fed up with it. And
I'm doing something about it to help other Affiliates stay clear of
these scumbags. Check out the Blacklistem Forum at http://www.moneyhonesty.com/disc2_welc.htm
How to use the Micro Niche Calculator
Let me try to help ... but first let me explain what is it that you
would have to key-in into the calculator.
I'll put an example for you ...
Ad Impression
This is where you estimate how many ad exposure that you will get per
month. When using Overture Search Term Suggestion Tool and let say that
you searched for - 'cookie recipe', and you see that there's 37,820
seaches done on Overture's network ... well, when you start an ad campaign
where and you rank number 1 for that term, maybe you'll get about 37,820
ad exposure ... so you can use that estimate.
Now ... put that figure into the ad exposure - 37820
Click Through Rate
This is where you estimate your ad exposure vs how many clicks that
you get. Let say that your ad is not really compelling. Let's just estimate,
out of 200 people, 1 person will click on your ad. That is 0.5% click
through rate.
Now, put that in Click Through Rate - 0.5
Cost Per Click
This is where you estimate how much you are paying for a click. Putting
in 0.05 means that you are paying 5 cent for a click on your ad. Let's
just say that you are paying about 20 cents for a click on you are ...
so here you need to 0.20. If you want to estimate that you are paying
$1.00 for an ad click, put in 1.00.
For this example, let's just say you are paying 20 cents. Put in there
0.20.
Selling Price
This is how much you want to sell your ebook / software for. If you
want to charge people $25 before they can download your ebook, put in
there 25. If you want to charge people $27.77 before they can download
it, put in 27.77.
For this example, put in 27.77.
Conversion Rate
Conversion rate is about how well your website is selling. If you are
estimating that your website is able to sell 2 ebooks to every 100 visitors,
your website has a 2% conversion rate. If you are estimating that your
website is able to sell 1 ebook to every 200 visitors, your website
has a 0.5% conversion rate.
In this example, let say that you website has a conversion rate of
2% - Put in there - 2.
Credit Card Processor
Now you can choose which third party credit card processor you want
to work with. The most famous would be ClickBank. Then there's 2CheckOut
but 2CheckOut does not have a builtin affiliate feature. Other's are
RegSoft, RegNow, Plimus and Share*It. Each of these company charges
differently to accept the payment on your behalf. I have no say which
is good or which is bad. You make your own decision.
Just for the sake of this example, let say that you go with Clickbank.
Select Clickbank from the drop down list.
Now click Calculate
You should be able to get the following numbers
| Total Visitors |
|
189.1 |
| Credit Card Processing |
$ |
3.08 |
| Gross Profit Per Sale |
$ |
24.69 |
| Total Sales |
|
3.78 |
| Total Gross Profit |
$ |
93.33 |
| Total Advertising Cost |
$ |
37.82 |
|
|
|
| Net Profit |
$ |
55.51 |
|
|
|
| Net Profit Per Sale |
$ |
14.69 |
| Cost Per Sale |
$ |
13.08 |
| Total Investment |
$ |
49.46 |
| ROI |
|
1.12 |
Total Visitors
From the number of Ad exposure and being able only to get 0.5 click
through rate, you should be able to get only 189.1 visitors. (37820
x 0.5%)
Credit Card Processing
For going with Clickbank and selling your ebook at $27.77 each, for
each sale Clickbank will take $3.08 from you.
Gross Profit Per Sale
After Clickbank takes $3.08 from your $27.77 selling price, you are
left with $24.69 for each sale.
Total Sales
Because being able to bring 189.1 visitors to your website and your
website is able to convert 2 people into buyers for every 100 visitors,
you get about 3.78 sales for that month
Total Gross Profit
This is Gross Profit Per Sale multiply by the Total Sales
Total Advertising Cost
This is your total advertising cost for that month. Because your ad
has a 0.5% click through rate, with 37,820 ad exposure, you should get
about 189.1 clicks. Paying for 189.1 clicks at $0.20 each, you are paying
a total of $37.82.
Net Profit
This is (Total Sales x Selling Price) - [(Total Sales x Credit Card
Processing ) + Advertising Cost ]. This is your total net profit for
the month.
Net Profit Per Sale
Now this calculates how much net profit you are making on each ebook
sales. This is Net Profit divided by Total Sales
Cost Per Sale
This is how much you are spending to get ONE sales.
Total Investment
This is how much you are spending that much on Credit Card Processing
and on advertising
ROI
Now this is return over investment. How much you make vs how much you
spend. In this case, you spend $49.42 to make $55.51. (55.51 / 49.42)
OK .... I think this should explains it.
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