What do you think guys about affiliate marketing and only earning one income stream?

16 replies
For the longest time, I always thought affiliate marketing is easy since most `Gurus`are preaching that.

I never knew how hard it was with all the competition and how much I am actually losing out by earning only one streams of income per promotions. My advice for anyone doing affiliate marketing is to focus on promoting products/programs that pays out multiple income streams.
#affiliate #earning #guys #income #marketing #pays #program #stream
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  • Profile picture of the author Mabu Map
    Or we can set up a system to sell multiple products

    This is what i am doing.

    At the beginning just focus on one product

    when we start making sale, we can add some more expensive products to sell to

    our customers.
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  • Profile picture of the author agmccall
    Originally Posted by workintelligent View Post

    My advice for anyone doing affiliate marketing is to focus on promoting products/programs that pays out multiple income streams.
    Could you give us a few examples.

    al
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  • Profile picture of the author kilgore
    In a perfect world, everyone should have diversified income streams from diversified traffic sources which would serve to increase revenues and decrease risk. But this isn't a perfect world and things don't always work like that. Moreover, phenomena such as network effects and S-shaped growth curves often mean that it's better in the short run to concentrate on a few -- or even just one -- core activity than to try to overdiversify.

    As an example, when we started our site, I'd say that 90% of our traffic came from Facebook and 95% of our revenue came through Amazon.com. It wasn't an ideal situation -- and we knew it wasn't an ideal situation -- but do you know what? Sometimes you just do what you gotta do.

    As time has gone on we've diversified both of our traffic sources and our revenue streams partly out of necessity (Facebook organic reach is way down) and partly because as we've grown we have opporunities that we never had before (such as direct selling of fairly high priced ad packages). But this diversification didn't happen overnight -- it was literally years in the making.

    Steve Blank defines a startup as "an organization formed to search for a repeatable and scalable business model" (Source) and I think he's got it right. So for those who are just starting out, I wouldn't worry much -- if at all -- about whether your business has one or many income streams. You can diversify when the opportunity presents itself and you're ready to do it.

    Instead, focus on the business model itself. What is your value proposition? Who is your target customer/audience? And what are the activities you're undertaking to find those customers, deliver value and then monetize it? If initially the monetization is just one income stream, that's OK. If it's multiple streams, even better -- but honestly it's the model itself that's the important thing, at least at first. Figure that out and the rest will come on its own.
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  • Profile picture of the author wiseguy212
    Originally Posted by workintelligent View Post

    My advice for anyone doing affiliate marketing is to focus on promoting products/programs that pays out multiple income streams.
    Sound advice! Do you know of any good programs with multiple streams of income?
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  • Profile picture of the author spartan14
    I think the smart way its to sell recuring products that pay you every month .For example if you sell autoresponder you can bave autopilot income for years
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  • Profile picture of the author palmtreelife
    Maybe it's just me, but I'm not understanding your question. For me, multiple streams of income means completely different ways of earning money. For example: real estate, stocks, ecommerce, running a franchise business, network marketing, social media marketing agency, drop shipping business, adsense, flipping homes, airbnb, wholesaling, alibaba arbitraging, affiliate marketing, etc etc.

    When you say we should be earning multiple streams from affiliate products/programs, what exactly do you mean? Selling more than one product or program and earning many different commissions? Or do you mean do affiliate marketing and other income streams mentioned above?

    Not sure if anyone would disagree with selling more than one affiliate product or program to earn more money, but I wouldn't call that multiple streams of income.
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  • Profile picture of the author DIABL0
    I have always promoted many offers, but none payout more than once / no residual income.

    You just have to be able to push volume. Of course, that is easier said than done for most.

    IMO, the most important thing you can do is to build a list. That way you can follow up and promote additional offers at very little cost.
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  • Profile picture of the author faisalmaximus
    If you are an expert of driving traffic, you can use it to create multiple earning source. You can even use the traffic for different types of affiliate marketing.
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  • Profile picture of the author naviown
    I think the smart way its to sell recuring products that pay you every month .For example if you sell autoresponder you can bave autopilot income for years
    Maybe even a subscription model based website. Although it takes time to set that up, if it's a monthly sub or a yearly sub then you've got passive income.
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  • Profile picture of the author Nicole Girl
    I am abit different. I prefer FOCUS on 1 type of business trade rather than diversify it. IF any notice the some of the top 10 richest person their business also focus on just ONE rather than many different types of trade.
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    • Profile picture of the author palmtreelife
      I'm not necessarily opposed to being focused on one "thing" at a time, but the richest people in the world generally do not focus on ONE thing? That's actually one of the biggest reasons they became billionaires. They diversified. Jeff Bezos has how many different income streams related to just Amazon alone? Warren Buffet has how many different stocks? Bill Gates has how many different products related to computer software? Jack Ma has how many different income streams with Alibaba? Mark Zuckerburg has how many different streams of income related to Facebook? Instagram?
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    • Profile picture of the author NetMan
      Originally Posted by Nicole Girl View Post

      I am abit different. I prefer FOCUS on 1 type of business trade rather than diversify it. IF any notice the some of the top 10 richest person their business also focus on just ONE rather than many different types of trade.
      Eee I don't think so !

      That is just impossible to become among the richest people in the world without diversifying, that is just not even thinkable. And, no, the top 10 richest in the world are certainly not focusing on only one thing... lol nopw, no chance...

      Cheers!
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  • Profile picture of the author George Flm
    I use the hybrid approach. Mingling recurring revenue with high ticket offers.

    The consensus is to plant the seed and let it grow.

    There are skillful writers and video makers out there
    who prefer the security of a paycheck and writing is their thingy.

    Go hire them and feel the thrill of upper management.
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  • Profile picture of the author beasty513
    Wealth is built with multiple streams of income. Focus on one stream until it generates a decent return then invest in another. Rinse and repeat
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  • Profile picture of the author talfighel
    You also want to promote products that earn you residual income.

    Just earning a one time commission will hurt you long term.

    All successful internet marketers promote these types of products all the time. They also promote high ticket products.
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  • Profile picture of the author Odahh
    Originally Posted by workintelligent View Post

    For the longest time, I always thought affiliate marketing is easy since most `Gurus`are preaching that.

    I never knew how hard it was with all the competition and how much I am actually losing out by earning only one streams of income per promotions. My advice for anyone doing affiliate marketing is to focus on promoting products/programs that pays out multiple income streams.
    i tend to stay away from this forum and not give advice or ask questions.. i believe you are using the wrong term..

    are you meaning you should focus on products and programs .. that have residuals payments .. which means you want to narrow it down to some type of subscription products .which will pay you out monthly for the people who sign up through you ..

    is that what you mean ..
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