is it possible?
i like the idea of affiliate marketing. i like the idea of promoting a product and getting a commission of it. i also know the amount of time and dedication to sell a small ticket item and a large ticket item is roughly the same....i started to look into affiliate products that pay highest commissions.
i narrowed my niche into SMS marketing. i believe in SMS marketing. i believe in mobile marketing. people are addicted to their phones and a txt messages is the closes things to a gaurenteed read in the advertising world. i picked this niche because it makes sense to me and i feel i can explain to prospects how mobile marketing will overtake other means of marketing...
if i can earn commissions from business owners on a monthly basis by referring them to a sms marketing provider....cool!
if i can earn commission on selling a white label system to an entrenpreneur...awesome!
a friend of mine spent 20k and bought a rental property that yields him 500 net a month. of course he can always sell the home and recoup his capital investment but the idea of parking 20k into something to get 500 a month, on paper, is a cap rate of 30%. unheard of with other investing tactics. try getting that in the marker.
i have disposable income to invest into this venture. i cap myself on a budget of 10k. i would like to spend 1-2k in designing a high converting landing page. im sure an auto responder isnt free so there is some money in my budget to for that. then i would spend 8k into paid traffic to my site....i know 8k isnt much money to some people here. i know there are sales funnels that promise 10k a month income (really?!?) but i think its worth a shot...
im not greedy. im looking to work a couple hours a day at this with the hopes of generating passive income...
my question in this thread, is, is it possible? i mean is there a dollar amount that can gaurentee a return on an investment? is there a combinations of affiliate products with high commissions that can be bought with the right amount of advertising dollars? where do you get the best bang for your buck with paid traffic? adword campaign? facebook ads? sorry for the ignorance. i love you all...
Steve Browne, online business strategies, tips, guidance, and resources
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