Affiliate Marketing – Generating Business Cashflow without having to Create your own Product
Affiliate marketing has been around a long time. It’s a massive industry many are really not aware of yet. Unless you’re actually in “affiliate marketing” you probably didn’t realize how you can use it. Whether you want to generate leads with little and eventually no out of pocket costs. Or to quickly turn a struggling business into a profitable sales machine…
These two ways are how affiliate marketing can improve your bottom line. And it works for nearly any product or niche.
Affiliate Marketing – Gaining Cash Flow
Every business needs a constant stream of high-quality leads who are interested in what you have to offer. But most businesses can’t afford the advertising required to generate that stream of leads. Or they can’t afford the time required to generate enough leads to see high enough profits if they are attempting ‘free’ or organic marketing.
So…What is the Solution?
Well…consider if you could be profiting from your lead generation, or at least breaking even…before you ever presented what you’re actually selling to the lead. Imagine having hundreds or even thousands of new people every day coming through your marketing and sales pipeline, being introduced to your sales offer(s) who you already profited on before they even got there. You can make money even when the prospect says ‘no’ to what you are actually selling.
That’s the key to winning online. You actually get paid to build your list! This allows you to cover ad costs or simply get more revenue from the same lead and new customers from free marketing strategies that cost time.
And that’s what affiliate marketing can do for your sales funnel!
How it works:
I have entire training courses on how to do this, but in a nut-shell, you find a product that is related to what you sell on an affiliate network like Click Bank or JVZoo, or one of the other affiliate networks. Or take a look at the products you use every day in building your business and see if they have affiliate sales opportunities.
Certainly, choosing a great affiliate product is key to your success with this strategy, and we can help you choose the right product. But let’s stay focused on the strategy for now so you get the power and simplicity of it.
Become a Kartra Affiliate to Generate Thousands in Monthly Commissions
We’ll Build You a Blog for $99 and Show You How to Generate Free Leads!
You create an ad campaign that targets an audience that is interested in the affiliate product you selected. This can be on Facebook, YouTube, Google or Bing, or any other network.
The ad you create transfers people to a lead capture page, where you show the prospect a headline and a video that explains what problem you can help them solve if they enter their email and continue. This is referred to as your marketing funnel.
Ideally, you’ll then send them into a landing page where you offer some value and start to build a relationship with them. The ultimate goal is to recommend the affiliate product that already has a high converting sales page so you can start generating commissions ASAP.
Increasing You Revenue…
By using this system, and offering additional affiliate offers on other pages and/or through email later, you increase the revenue generated on each lead. Your Average Lead Value and Average Customer Value goes way up! You are now getting paid to generate a list of email addresses you can use. The list is made up of people who are already getting to know you, and as long as you are truely providing value to them…trust and maybe even like you. Therefore, when you present your own business’s offers to this new audience, you have turned a struggling business into a cashflow machine.
We call this a system for predictable cashflow.
Of course, eventually you can build your own sales pages that convert. Especially once you have great testimonials on how much you have helped people already and/or great success stories. Either way, if you have a struggling business right now, you may not have the time or resources to put all that together in the short run. So the model I just described is a faster solution.
Author: Jeremy T. James
List of some Affiliate Products I recommend
Become a Kartra Affiliate to Generate Thousands in Monthly Commissions
We’ll Build You a Blog for $99 and Show You How to Generate Free Leads!