Getting Referrals Is Easy

PeopleWhiteGetting referrals is easy. Getting active referrals is not. Growing your online business is a numbers game. You want to be persistent with your marketing so your business will grow. Since only about 1 out of 10 referrals will become active, you can see where growing your business will take time and persistence.

Getting Referrals

Whether you are growing your personal list or building your affiliate business, getting referrals or opt-ins should be your number one goal. Since building your business is playing a numbers game, you want to get as many referrals or opt-ins per day as possible. If you think of the number referrals you get per day as the building blocks to your business, then you will understand the importance of putting more blocks down each day. Eventually some of your block foundation (referrals), will become active. If you are averaging 1-10% activity rate from your referrals, this means out of every 10 referrals you will get about 1 active referral. In larger number, about 10 active referrals per 100. Can you see why consistently building your business is so important? It truly is a numbers game.

Keep Growing

These numbers may seem extremely low to you. Trust me I understand where you are coming from with that thinking. When I first started building my online business, I thought everyone I came in contact with would be just as motivated and excited as I was to be working online. I learned they are not. Even though you may experience periods of success averaging higher percentages of active referrals. As you keep growing your business, the activity number will level out. The KEY is to KEEP GROWING. If you average only 1 referral per day: 30 per month – 360 per year. At a 10% success rate, you will have 36 active referrals by the end of the year. That’s fantastic. If you want more, work harder but whatever you do keep growing.

Getting referrals is easy but the truth about getting active referrals is it takes time and persistence to build your numbers. Work those averages.

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The Perfect Affiliate Marketing Plan

Have you ever wondered how to create the perfect affiliate marketing plan? The number one question we get asked is how can I make money online. First, you need a plan. Below I will outline a perfect plan for beginning affiliate marketers.

Step 1 – Find a Product

The absolute first thing you need is a product to market. It is now you need to realize you are not going to make any money unless someone spends money on a product. Collecting free pennies may be fun but, if you are wanting to create a monthly income, you need to market a product. That doesn’t mean you have to break the bank to get started. In our step 1 we want to find an affordable product which you can promote without causing any financial stress on your budget. Enter the banner co-op programs. A banner co-op allows your banner ads to get views from other members ad displays. Your banners will display over and over again at ad venues you may not even know about. You COULD NOT possibly advertise to this many potential customers… ALL BY YOURSELF! That is the genius of using banner co-ops.

There are several banner co-ops out there which you could use for your #1 product. Most of them are very affordable. One of the new ones is Viral Ads Club which only allows it’s upgraded members to display banners. This is the type of market I like to target. Paying members who will display your banners at places they find valuable. Viral Ads Club is very affordable at only $2.95 a month. This minimum investment gives you a legitimate product to market.

Viral Ads Club

 

Step 2 – Marketing Strategy

Now you have found a product to take to market you need a marketing strategy to build your business. The great thing about using a banner co-op as your product is it gives you the ability to build more than one stream of affiliate income. Not only can you build your downline in the banner co-op itself, you can build your downline in another affiliate product of your choice.

This is how it works: you take your banner co-op page and put it in rotation at all of your traffic sources. This will create ad impressions for the banners you have listed inside the banner co-op. You will be receiving traffic to your banner co-op affiliate link while, at the same time, building up ad impressions for your own banners which will be displayed when the other co-op members send traffic to their co-op link.

This is an efficient way to market more than one affiliate program. When you choose the banners you want to display from inside the co-op rotation, it would be wise to promote another site where you are upgraded. You can very easily find another traffic source which has an affiliate program where you can earn 30-50% commissions if you are upgraded. Find a program where you can upgrade for a maximum of $7.05 a month. Add this to the $2.95 a month for the banner co-op and you are ONLY SPENDING $10.00 a month on your online business.

Step 3 – Build Your Traffic

The final, and possibly hardest, step is to build your traffic. We created a multi- income affiliate business by upgrading in 2 sites: the banner co-op and one traffic source. We are spending $10.00 a month, or less, on our online business. Now we want to get maximum exposure to our co-op ad page so we can grow our online business. This will require either time or additional cash to build the traffic. First, you should utilize the one traffic resource you have chosen to upgrade in to the max. Make sure to use all the resources inside to gain traffic exposure to your co-op ads. By upgrading at a traffic source, you will normally gain ad credits at a higher rate than a free member so be sure to use this resource.

For more traffic, pick 5 traffic sources a month and do your best to get 1000 hits a day to your banner co-op affiliate page. 1000 may seem like a lot to a beginner but it’s not. With 5 traffic sources a month, that is only 200 page views a day at each source. Then, pick 5 different traffic resources the next month and do the same thing. Create 1000 hits a day to your co-op ad page. Repeat this cycle each and every month. (And yes, you can re-use some of the earlier traffic resources.)

Above, I tried to outline the perfect affiliate marketing plan any beginner with a small budget can use to start building an online business. I hope you find some of this information useful in your journey to building your online business.

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