One thing strikes me though, and I thought I may as well share it with everyone here. These "top" affiliates that are earning £100k per month are not doing it alone.
These affiliates are generally media companies, and although they may only have one or two employees they are full-time employees who are all very experienced/trained in the online marketing field.
The key to hitting £100,000 per month is by re-investing in what is working. It's simple! These affiliates use paid methods to make this turnover but they don't just chuck money anywhere, they use proven networks, proven campaigns, they use the information given to them, claw off every piece of analytical detail they can put their hands on, they follow the market and work with it.
Paid traffic methods they use are:
Media Buying - Yes, media buying is huge in the "real" world of online marketing, now I say "real" world because seriously...selling eBooks through Clickbank isn't going to make you £100,000 in stable revenue every month. I understand "some" (0.01%) of people will succeed doing this but honestly now, most affiliates definitely won't.
Too many marketers get wrapped up in this fake atmosphere that they will bank big if they just keep promoting the next forex software, the latest weight loss eBook or the latest fitness training video guide...but this is all bs!
The hype is built through the 1% which have HUGE lists, are in their own networks which they share their resources with in exchange for resources of their contacts/friends.
The hype is also built through the vendors who generally do bank big, but this is because they are in these networks, and because they rely on numbers. The numbers are the affiliates, there are thousands, tens of thousands of affiliates promoting eBooks on Clickbank and similar affiliate networks everyday and they rely on each and everyone of these making at least one sale promoting their product.
But wait...if these affiliates are just making 1 or 2 sales each then that's probably just $20 or $40 for the affiliate? Yes, that's true...as I am trying to highlight most affiliates don't make THAT much money at all.
This isn't to say you should stop, heck no! Keep going all the way until you reach your goals, and then move these goals further and keep going! Just don't limit your self to being an affiliate, or at least don't limit yourself to being an affiliate for Clickbank and for eBooks and other digital products and don't flutter your earnings on expensive cocktails and uneccesary gadgets, re-invest and use paid methods of getting traffic to bank big.
- Seriously now, paid traffic completely dominates free methods of traffic it's just 99% of affiliates or marketers don't have the money, experience and time to spend making paid campaigns really work effectively...because if they did, they would be rich by now.
OK, this is getting huge I could speak so much more...but let's hush now.
Basically to summarise to reach £100,000 per month, you need capital, experience, a team, focus and support. But to succeed as a self-employed, full-time work at home marketer just try a little more to re-invest what you earn, don't become hypnotised by the crappy "make money online world", it's all Bulls**t and instead use this time/money to invest in to resources, software, paid marketing.
Don't limit yourself to digital products either because promoting physical products online generally bring you lower refund rates and higher conversion rates, with smaller commissions but more frequently.
Anyone have any questions or thoughts please share
P.S - Some of the best CPM/media networks for paid traffic:
Google Double Click