Tuesday, 22 August 2017

5 Elements that make a successful online business

There are 5 Elements that make up a successful online business

They are

1) Traffic

2) A funnel

3) A filter

4) A follow up system in place

5) A tiered product mix.

This is why traditional affiliate marketing is flawed, becuase most models lack these 5 Elements, which is why, with most Affiliate marketing / MLM companies, to achieve the 4, 5 and 6 figure incomes per month, then you really do need to be prepared to look for the 7 to 10 year mark for this to happen.

That makes this traditional affiliate marketing model flawed, because they rarely pay on the back end or have high ticket items.

In short, High Ticket Affiliate Marketing ventures produce more profit for less sales.

Without the back end sales, affiliates are always going to be looking for the next shiny object in their inbox, because as with JOBS and employees, people always move for better pay. In affiliate marketing terms, that pay is commissions they earn

Churn as leaving is called always comes about when people fully understand the pay plan and realise that the system they are duly told to follow and not embelish, is...flawed.

Which is why High Ticket Affiliate Marketing is the sector to be associated with

You do need a list, but it only needs to be a list of motivated buyers

You need the right type of traffic to that list

The system you use needs to work independently of and from you

Pays high back end commissions right through the product mix

Anything else is just not going to work.

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