Why 300 Premium Sales For Vegas?
So the Las Vegas Super Affiliate Conference is over. I qualified to attend but unfortunately could not make it due to my mum not being well. I'm glad to say she is much better now and recovering at home.
Attending the Conference must be a life changing event for the WA super affiliates who qualify to attend. Those who attend year in and year out have worked out how to get a minimum of 300 Premium sales. But why is it set at 300?
For many people who join WA and have been members for a while, 300 may seem like a high number of sales to achieve in a calendar year.
From my own experience it is a high number but it is achievable.
Also, 300 is I feel the right number if you are aiming to achieve a full-time income through following the WA Bootcamp training program.
Once you get to 300 recurring monthly Premium sales then your monthly income will be a minimum of USD $6750 ($22.5 x 300) which does not include new Premium sales and Yearly upgrades. So you can just imagine how much you can potentially earn monthly.
300 Premium sales equates to getting 25 Premium sales monthly over 12 months.
In terms of referrals, it works out that if you are getting highly targeted traffic to your website then you may find that 1 in 10 referrals will upgrade to Premium.
Some affiliates get 1 in 5/6 referrals (or even better) upgrade to Premium which are excellent numbers.
If you are getting 1/10 referrals upgrading to Premium then you will need to achieve 10 referrals per day and 300 per month to get to 25-30 Premium sales. You may just miss 30 but you should get 25+.
At the same time, you will also lose some Premium members who cancel their membership.
From my own experience, this amounts to about 10 - 15 WA members cancel their subscription during the month.
Retention rates have improved significantly over the last 12 months with improvements to WA but some members will cancel through reasons known to them.
Also, you will get some WA members who previously cancelled resubscribing again at a later date.
By achieving 25 Premium sales in month you will not only cover the 10 - 15 you may lose through subscription cancellations but you will add a further 10 (possibly 15) new Premium members. Keep doing this monthly and you can see how your business starts to grow. ===>MOMENTUM :)
By getting 25+ Premium members monthly is the only way you will grow your online business to get to a full-time income through the WA affiliate program if this is your goal.
Of course, if you are looking for a small part-time income or occasional income through following the WA Affiliate Bootcamp then you don't need 25+ monthly Premium sales. A Premium sale here and there may suffice but you won't see business growth or momentum.
Some WA members join to make a part-time income or not even that which of course is personal to them and their own goals. Sometimes it is not income orientated but more skills based.
Many join WA to make a full-time income so that they can quit their jobs or replace the job they may have lost with an income from an online business.
The 300 Premium sales that are set to qualify for the Las Vegas Conference have logic behind them and are well thought out by Kyle and Carson.
If you are looking to earn a full-time income from following through with the WA Bootcamp training then you got to aim for 300 targeted referrals monthly which will equate approximately to 25+ Premium sales monthly.
Achieving this will also set you on your way to 300 Premium sales to qualify for the Vegas Conference...
Marketing is not an exact science so the figures may be slightly out and much depends on the quality of the leads who join through your site.
So if your goal is to achieve a full-time income through the WA affiliate program then lets get to work to achieve 300+ Premium sales in 2016.
I hope this helps with your own goals:)
Recent Comments
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Looks like I picked the right guy with a awesome attitude to join through. Happy to hear about your Mom, Vegas couldn't be closer for ya I am sure. Thanks for all your help so far, all your post's your welcoming adds up and make people feel at home here at WA
Look forward to seeing future motivation
Mikey
Hi Kevin, excellent breakdown by you. Now it makes more sense to me why the 300 was chosen as the magic number for Las Vegas. Thanks also for mentioning the number/ration of people who may cancel their membership for whatever reason.
Thanks Dominic. Great to hear that the post was helpful. Wishing you all the best with your goals!
Hi Kevin, You gave excellent advice there, and I will be there at LV2017 with you. It is achievable considering our well tuned sites work for us even when we sleep.
See you @ the Top!
--Michael
Was really sad that you could not make it there this year Kevin, but I absolutely know that you are in an awesome position to make it to LV next year. I am happy to hear your mom is doing better and back at home.
As you said, retention has only continue to go up in the last year (as it has in prior years as well) and as we continue to improve the service here at WA, continue to advance platforms like the websites/hosting, adding brand new platforms, domains, etc...this number only continues to climb as there is truly no other services/platform that someone needs to run their business outside of WA.
Affiliate revenue does snowball and it is very recurring in nature. Affiliates often times find it amazing that they could have an "off" year, making less sales than the prior yet their income could still go up drastically. That is how the recurring revenue model works, the exact same as a snowball rolling down the hill!
Awesome post Kevin and I really do look forward to meeting you in 2017!
Thanks Kyle. I was sad too that I could not attend Vegas. I had everything all set up to go too and then at the last minute my plans changed. The main thing is that I was there for my mom and I believe it really helped her to get through her illness which was quite severe at times. It makes you think what is truly important in life when illness takes hold of a much loved family member. So happy she has pulled through and feeling much better now. :)
I have definitely noticed recently that many members who cancelled their Premium subscriptions are coming back to WA and resubscribing. This is fantastic and I find that many come back because they miss the training, tools and community. There is literally nothing else out there that compares to what WA offers for building a successful online business.
Many thanks again Kyle. Looking forward to meeting you too in 2017!
300 is less than 1 per day. It's probably quite easy with a finely tuned PPC campaign, if you have enough spare money to play with.
Yes it's definitely achievable. PPC can work very well if you have the budget to build out a well structured campaign and then scale it up.
Hey Kevin, sorry to hear about your Mom, hope all is well with her now. Congratulations on making the Las Vegas quota. Maybe I could have gone in your place? lol just kidding my friend.
Thank you for the break down on achieving that goal, I do think it is possible as well, and the new stuff Kyle and Carson going to be coming out with will make more achievable.
Good luck with your business and hope to meet you in Vegas next year. Any more tips to make this possible, our ears and minds are open here at WA my friend.
Bishop
Many thanks for your kind words Bishop. Yes my mom is much better now. :)
Glad to hear that the break down on achieving the 300 sales is helpful. I get asked that question quite a lot so decided to do a post on it.
Yes it's definitely possible. Just follow through with the WA Bootcamp training and this is all you really need to achieve the 300+ sales.
The WA platform is improving all the time and this will help many more WA members achieve this goal.
Looking forward to meeting you in Vegas too. Wishing you great success!
Kevin
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Hey Kevin ! this post is great :) it gave me exactly the steps i need to focus. I have this viewpoint that in order to achieve a set target you need to set it 10x bigger and work for it 10x more , so if you don't eventually reach the 10x target , you still wouldn't be disappointed , so in 2017 i'll focus in getting 3000 referrals :D
Now can I ask you a detail that you haven't mentioned ? You said that in order to get one referral to premium you should have at least 10 basics , good marketers can make it 5 out of 10, which is really good, but! In order to get 10 normal referral per day , how much traffic should you need to have through your website ?
like example invented : 1000 visitorsxday , 100 go on wa , 10 subscribe , 2 premium referrals ?
So yup. the question is the amount of traffic you need to get to have 10 subscribers ?
Also if of course you don't mind, i'd like to have your personal opinion on my work on the website. I've been in WA for 2 weeks now , and I will not pretend anything until the 6 month mark. But what do you think my website looks like ? Does it have the potential to grow into a 3000 referral x year ?
Check it out : www.thekeytoretirement.com
Thanks for your post and your time.
Ady.