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How much can you earn with affiliate marketing?
Actually, there is no limit to earning with affiliate marketing since everything depends on sales made, which may vary from time to time for different products.
As a merchant, you can earn hundred dollars or up to several millions in one year depending on the number of sales you make. For example, let’s say you are selling a simple product (like an eBook) for US $5. If you make a thousand sales for this product in one month, you will have earned $5,000 from that one product. What if you have 20 products costing around the same price and you sell 1000 copies of each product? Then you will earn 20x1000x$5 = $100,000 that month. Crazy amount? Think about it. In a year, you will have made a revenue of $1,200,000.
To earn this money as a merchant, you need to make your products stand out from the rest in their categories. You need also to make sure you market and advertise your products, and connect with marketers through different affiliate networks to increase your sales.
As an affiliate, you can make huge income through affiliate marketing business. Your earnings depend on your marketing skills and traffic sources. If you drive good number of well-targeted traffic to the merchants’ sales pages, you can make millions of dollars in a very short time.
You need to convince the potential customers on the features and benefits of the specific item you are promoting. Let them know the good things that the product will help them do or will do for them. This could be through a well-explained video or informative blog post.
Then, you can get traffic for these resources by using paid advertising to reach more targeted audience. Once the audience have read or watched the whole blog or video consecutively, there are high chances that they will be influenced and click the buy button you have added at the bottom. And once they buy, you have your share of revenue.
For example, a product may be paying you $3 commission for each sale you drive. If you make them a thousand sales in one month, you’ll have made $3,000. What if you make a thousand sales for twenty different products? That will bring you $60,000 revenue in a month. In one year, you will have made $720,000. This is amazing, right?
To increase your earnings, you need to promote a big number of high-converting products. Use good advertising techniques to drive more traffic to your review materials and then wait for the passive income to flow.
You can make millions of dollars per year as an affiliate marketer; you just have to be cautious when you decide to try it. In addition, don’t give up too soon; good results may not show immediately, but with continuous efforts, they will definitely show.
That is to say that you are the only limit to the amount of your revenues. Do what others are doing, join the networks that are famous in supporting your niche, and you will soon be a good example of a successful affiliate marketer or online merchant.