Is $96,000 Per Month Affiliate Marketing Possible?
Published on January 9, 2024
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
Hey everyone,
Today I want to chat affiliate marketing. To be more specific, I want to discuss the "revenue" component of affiliate marketing. Sometimes it is easy to get lost in the complexities of what you are doing, and forget about the simplicity of the process in which you make money online.
Also I want to help you find out about the essential groundwork that can make or break your journey online. This isn't just about choosing the right products to promote; it's also about creating a strong initial foundation for your business.
Now what is this foundation? Well, it involves setting up your websites, honing your brand, and driving quality traffic to your offers.
Your VERY FIRST task is to build a Hub for your business. This is your home base.
Once your hub is accomplished, half of the STEPS to success are already done. Let's look at the 4-step process to success.
- Step 1: Choose Niche/Direction (DONE)
- Step 2: Build Website..and Brand (DONE)
- Step 3: Get Traffic (NEXT STEP)
- Step 4: Make Money with Affiliate Programs (LAST STEP)
So as you can see, the next focus shifts to generating traffic. We're not talking about just any visitors, but rather folks who are interested and ready to engage with your content. This is "relevant" traffic.
These are the people most likely to click through your affiliate links and make purchases. So, your website must not only look good but also be filled with compelling, valuable content that resonates with your audience.
Easier said than done, right?
Well it's recently been sped up drastically with the Hubs + Designer + Author combo available to you here (currently Premium Plus+ for authors, but soon Premium as well). This allows you to create content more efficiently than ever, get rankings (traffic) in search engines more efficiently than ever, and get to the MONEY quicker than ever.
Now let's move our attention to the money part...
Affiliate Earnings: A Realistic Breakdown.
OK, let's look at some hypothetical numbers, to help you understand the earning potential of affiliate marketing. This may also lend you a "road map" to your own goals within the online world, and how many affiliate sales you need to make to get there.
Let's say you are in the travel industry, promoting "white sand beach" vacations. One of the affiliate programs that you could choose is the "Sandals" affiliate program, which pays start at 4% commission on vacation packages.
Say the average booking is $1,250 or so (that is conservative) for vacation packages, and you earn $50 commission on that.
You've picked a product to promote as an affiliate that offers an average $50 commission. There are MANY products that pay commissions comparable to this or higher, so this is realistic across ANY niche.
A common mistake is to dream big without understanding what daily achievements can look like. For instance, I want you to picture making just ONE sale a day.
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Doesn't sound like much, right?
But in reality, that's $1,500 per month and here's how.
Now, imagine scaling that to three sales a day. Or 10 sales per day. Remember there are 5.5 BILLION people online, so in many respects, even 10 sales per day is still underwhelming compared to your potential within a niche.
1 sale per day = $1,500 per month in revenue
3 sales per day = $4,500 per month in revenue
10 sales per day = $15,000 per month in revenue
In affiliate marketing, consistent, small wins can compound into significant income and one thing I have learned over the years is that if you can make 1 sale per day, you typically can make MANY more (10+) simply by doing more of what you are already doing.
Of course, this isn't about wishful thinking but rather nailing that first sale, then the second, and so on. Getting that initial traction requires a strong foundation. That means a captivating website, valuable content, and marketing strategies (SEO initially) to pull in traffic.
Now, let's be clear: achieving this level of sales doesn't happen by chance. It requires effort, consistency, and giving yourself time to achieve success. You can't expect 10 sales per day, if you have just built your website, but a year or two from now, this could be a reality with consistent effort.
The WA Affiliate Program: Breaking Down the Recurring Revenue Model.
Let's look at another example of affiliate commissions. One that is near and dear to the platform and us of course.
I want to highlight specifically the Wealthy Affiliate (WA) Premium Plus Yearly Membership, which is not only our best membership here, it has the biggest savings.
This isn't just about showing you some impressive numbers; it's also about understanding the mechanics behind these figures.
The WA Premium Plus+ yearly offers a JUICY incentive: a $320 recurring yearly commission. Yes, recurring every year.
Now, let's do some similar math on this.
If you manage to get one sign-up a day, that's going to translate to $9,600 monthly. This yearly model is is great because it's not just about the initial sale; it's about building a consistent, passive revenue stream...and that is revenue that will recur next year when your referrals stick around for another year. Let's say this happens at just a 50% rate, next year you are going to earn $4,800...even if you are no longer actively promoting WA.
That is the beauty of the recurring revenue affiliate model.
Three sales per day might seem like a stretch when you're just starting. But guess what? They are entirely possible with the right strategy and effort. Again, if you can make one sale, it becomes a matter of doing more of the same to amplify your sales (and to scale your business.
Let's look at the same breakdown with this affiliate commissions structure:
1 sale per day = $9,600 per month in revenue
3 sales per day = $28,800 per month in revenue
10 sales per day = $96,000 per month in revenue
Three daily sign-ups could mean a whopping $28,800 per month. And if you step up your efforts to achieve 10 sales a day, you're looking at an eye-opening $96,000 monthly revenue.
If your life depended on it, do you think you could get 10 people per day out of 5.5 BILLION to join the best service in the affiliate marketing world?
What would you do to achieve this level of success? The numbers are there. The product/service and affiliate program is there. The task is of course getting there, but it requires effort, strategy and time.
I really hope that you're starting to see the picture. It's not about overnight success. It's about laying a strong foundation, choosing the right programs, leveraging effective tools, and driving targeted traffic - that's your ticket to tapping into this lucrative recurring revenue stream.
Tackle Today's Affiliate Marketing Boom.
I'm going to tell you that we're living in an unprecedented time for affiliate marketers. With more affiliate programs than ever, more traffic than ever, and a vast array of products to promote, the potential for revenue is truly HUGE.
This isn't just about making a few extra dollars either; it's about building a viable, thriving business with affiliate marketing as the foundational "business model".
You're going to find out that the key to success lies in harnessing these opportunities effectively.
New AI-assisted technologies that we have integrated here within WA like Hubs, Content Designer and Author tools are changing the way we build out and scale our businesses...and the speed at which you can do this has never been this fast.
Choose something that resonates with you...something you're passionate about, and use that to fuel your affiliate marketing efforts.
So what's stopping you? Let's make 2024 your year. The Year of the Affiliate is here!
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