-
Dec29
Affiliate Marketing Tips – Is Your ROI Worth the Promotion?
No CommentsMany affiliate marketers will pick a product to sell without giving any consideration to the ROI they are getting from the sale of the product. In many cases, they could actually be losing money for each sale they make. Not sure if this is you? Well, then this article is one you’re going to want to read. After you’re done with it, you won’t be throwing good money after bad any longer.
One of the most common ways to promote affiliate products is pay per click. It’s probably the most efficient way of getting traffic to your web site. But is your pay per click campaign worth running for the product you’re promoting? Well, there is an easy way to figure this out…just using a little math. Yes, you know…math. That thing that you said in school that you’d never need.
Let’s say you decide on promoting a product that’s a $47 ebook and it pays 50% commission. Well, that means that you get about $23.50 per sale, less processing fees. Let’s say it’s $20 for every sale to make this very easy. Now, you’re running a pay per click campaign for certain keywords that are costing you 10 cents per click. Now, let’s say, for argument sake, that the product converts 1 in 100 clicks. That means that you’re spending $10 for every sale you make.
Now, on the surface, this doesn’t look too bad. You’re making a $10 profit on each sale. But what if you could find another product that also pays $20 per sale after fees but the keywords only cost 5 cents per click and that product converts 2 sales for every 100 clicks. In this case, you’re making $40 for every $5 spent. This is a much better ROI and you’re selling the same priced product.
Naturally, a lot of these things you’re only going to find through testing. So when you find a good product to promote, don’t settle on it. Always look for something that might pay a better ROI. That’s how you constantly grow and improve your business. If you follow these simple tips, you’ll find that you’ll be quickly heading in that direction.
To YOUR Success,
Steven WagenheimTired of being an affiliate failure? Want to turn yourself into an affiliate assassin like I am? Want to land in the top 20 of every affiliate promotion you tackle just like I do? Check out my site at http://www.stevewagenheim.com/affiliateassassin/index.html and start earning a solid income as an affiliate marketer.
Leave a Reply
You must be logged in to post a comment.
Archives
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- April 2008
- March 2008
- February 2008
- January 2008
- June 2007
- May 2007
