3000 per month in a year is a realistic goal for a complete beginner if you know exactly what to focus on every day.
Maybe your income goal is higher than that.
Maybe you want to earn at least $ 10,000 per month.
There is nothing wrong with that but let’s first focus on touching 3k per month.
So how do you know what to focus on every day?
Let’s do some math here.
Step 1: Calculate the number of sales you need
Suppose you are selling a membership site that pays you বৃ 30 / month in recurring commissions.
Since this is a recurring commission, this means you need 100 sales over a 12-month period.
But let’s be very conservative here.
I’m going to assume that some people will cancel their membership.
So instead of 100 sales, you want to target 120 sales for cancellation.
This means you have to generate 10 cells per month.
Step 2: Calculate the amount of traffic/visitors you need
To make a sale, you need to show your offer to enough people (such as traffic)
The industry average conversion rate is about 1%, which means that for every 100 people who see your offer, only 1 will buy it.
Since you need 10 sales per month, you need 1000 people to see your offer per month, which is about 33 visitors per day.
Step 3: Determine the tasks you need to do each day to achieve your traffic goals
As a complete beginner, it is important that you focus on mastering a traffic strategy and not try to be the jack of all trades.
Suppose you decide to choose Tik Tok as your main traffic generation strategy.
As mentioned above, you need 33 visitors per day.
Suppose each tick-tock video you make gives you 15 to 20 viewers.
This means you need to record 2 videos a day to get 33 viewers
So now you know what you need to focus on every day to reach your income goal.
Obviously, your numbers are going to vary depending on the product you’re selling and the traffic strategy you decide to use, whether it’s free or paid traffic.
But the policy does not change.
You just have to be more discriminating with the help you render toward other people.
Having said that, I understand that as a complete beginner, you may not have a good knowledge of numbers.
For this reason, if possible, try to find an instructor who can see your numbers with you.
It can be a bit daunting to digest the truth about how much a beginner can earn from affiliate marketing. It is possible to make money from affiliate marketing. But, it is not as beautiful as depicted on the internet.
Strictly true about affiliate marketing
If you search for affiliate marketing on Google, many so-called “gurus” will pop up and tell you that you can make thousands of dollars every day with affiliate marketing, do nothing!
Then they will go ahead and say, you can create a website, add affiliate links, go to sleep and check your bank account for that “thousand dollars” the next day.
After that, they will start selling you “Course” or “Website Building Services” to get started.
Now, this is one of the ugly aspects of the internet. 3
Honestly, rich people do not search the internet for ways to make money. Only those who have a real need for money will come and look for such things. Thus, the exploitation of such people is completely unacceptable.
How Much Money Does a Beginner Make From Affiliate Marketing?
In my own experience, for a website with 100 thousand visitors per month, you can earn $ 70 per month through affiliate marketing.
I have an average factor in affiliate marketing:
CTR (click through rate) is usually about 1%
The conversion rate is usually about 2%.
Order price $ 50
7% commission rate (Amazon affiliates)
Well, to be honest, for some people this figure may be a bit higher. But, these are practical values I have acquired through my own experience. 3
Affiliate marketing is not a hoax. This is a legitimate way to make money online. However, this is not a scheme to get rich quickly. If you have any experience in blogging, you already know how difficult it is to get 100k visitors per month.
70 a month is almost nothing with affiliate marketing!
There is only one reason not to forget affiliate marketing. “Something is better than nothing.”
Well, let me clean it up. I did not create that website to target revenue from affiliate marketing. It has another major monetization plan. Affiliate marketing is a passive way to make money from blogs. So, instead of making 0, I’d prefer to make an automatic $ 70.
I think this is the case with many website owners out there. Affiliate marketing can’t make a living alone. Use affiliate marketing as a way to make money online.
How To Start Making Money From Affiliate Marketing??
So, now we know that affiliate marketing is an effective way to make money from the internet. And again, this would mean that you have to spend for these processes.
My best advice about affiliate marketing is that your monetization plan should not focus solely on affiliate marketing. Use with other monetization channels (e.g., AdSense, influencer marketing, selling your own products, etc.)
Now that you have a good idea about the reality of affiliate marketing, let’s see how affiliate marketing can be started.
Steps to make money from affiliate marketing
Research for affiliate programs there. Check policies and requirements for approved programs
Learn other online marketing techniques. This knowledge is essential for creating a successful blog. Learn about SEO, social media marketing, and how to select a target audience.
Choose a niche to create your blog.
Start your own blog. In general, “how” or “lifestyle” blogs work best for affiliate marketing.
Keep creating content for your blog. Write your own articles or outsource them.
Repeat, repeat, repeat. The content is king. You need a lot of content to attract more visitors and get approval from affiliate programs.
Start applying for selected authorized programs.
Find the best way to publish your authorized links. If you use AdSense, mix and match them to avoid creating a bad user experience for your visitors. Excessive advertising and authorized links can confuse readers.
Start making money with affiliate marketing
How Much Money Can You Make From Affiliate Marketing? Now you know the answer
Affiliate marketing is a legitimate way to make money. But, as we have discussed, this is not a scheme to get rich quickly. Also, for best results, you may need to use it with other monetization channels.
The hardest part of earning money from affiliate marketing is creating a blog and writing content. Since the results are not immediate, many newcomers stop everything in the middle.
Making money from a blog is a long-term strategy. It will take years to generate some significant income. But, once it gains its momentum, it can almost autopilot and continue making money for you.
Hope you found what you were looking for. If yes, share and spread the word. If not, please comment below and let me know what I’m missing.
How much you earn depends on how much time and effort you put into it. Affiliate marketing is a performance-based marketing strategy where advertisers pay a commission to the affiliate for their marketing efforts. The better your marketing efforts, the more commissions you will earn.
The type of offer you promote will also determine how much an approved one pays for their efforts. If you market a high ticket item you will earn more per lead/sales. What percentage of commission you will earn is decided between brand and advertiser and when the offer is accepted and accepted by the affiliate.
To put it bluntly, many of their trials and errors, a lot of tested and analyzed data, and a lot of time spent creating an email list and advertising campaigns failed before you could see a steady stream of commissions from affiliate marketing. Be and be able to learn from your failures and adjust accordingly but you will reach the point where the commission is fixed.
In short, affiliates earn very little in the beginning, although with hard work and effort there is the potential to earn steady revenue from affiliate marketing. Set realistic goals and understand that this is not a scheme to get rich quickly.