Alrighty. Another one for the internet marketing newbies.
One of the most frequently asked questions I see from people looking to get into the industry is “How much can I earn from affiliate marketing?” or “What are the average earnings from affiliate marketing?”.
Now, here’s the thing. In affiliate marketing your earnings are determined by your knowledge, natural abilities, and most importantly: – the amount of work you are prepared to put in. Every affiliate marketer is an individual approaching the medium from a different direction, and with a different idea of what they are going to promote. Your earnings are determined by your own efforts, not an industry standard.
So What Does Kirsty Earn?
Well, there’s little point in me telling you what I personally earn. Why? Firstly, I don’t want to talk about it. Secondly, and more importantly, an exact figure won’t automatically mean that’s what you can earn. You’re not me!
However, I do know that an idea of income levels is a great motivator for many people. With that in mind I can tell you I’ve earned enough to buy two houses, and go on two year-long travel experiences. Not good enough? Well. I’ll give you a phenomenal example of affiliate earnings I know for a fact to be entirely accurate.
Kieron of UK Offer made a hugely inspirational forum post over at sitepoint a while ago. His earnings are quite literally unbelievable, and his success is a standard huge numbers of affiliates aspire to. If I reckon I eat, sleep, and breathe the industry this talented chap IS affiliate marketing personified! Wow. I haven’t seen so many zeros since the launch of Big Brother 8! His post should show any budding affiliateer that there is literally no limit to what you can do if you put the time, energy and flair into this game.
However, none of this helps you work out how much you personally can earn.
How Do I Reach My Target?
Righto. Simple answer to this question. How much DO YOU WANT / NEED TO EARN?
That’s what affiliate marketing is. You can earn as much as you want to if you put the time in. First off, a decent income is not a distant ivory tower. If you treat it as such, that’s what it will be. Unreachable.
The best advice I can give to you on this is to compartmentalise your target. It works beautifully for me. £1000 a month can seem a lot to aim for if you have never earned a penny at affiliate marketing. So… break it down into manageable amounts over a set period. Lets say you have 6 months in which to bring your moolah up to £1000.
– £1000 a month requires an average of £32 profit per day in a 31 day month.
– So over 6 months that equates to you finding or doing something every day that will earn you £5.33 every day on an ongoing basis.
That may seem a big ask, and not everyone can pull something that will sell out of thin air. But if you break your targets down in this fashion they will no longer seem as daunting or unattainable. Have a target. Have a timescale. Do one thing each day to reach it, and you WILL succeed. Don’t waste time on fantasing about what you could do “if only…”. A decent income is within reach. But YOU have to stand up and grab it. You won’t get it by reading this or any other article.
Your success is inside, so pull it out and get on with it!