Backend Profit Secrets and Viral Marketing > NetSparsh

Home
>
Affiliate Revenue
>
Backend Profit Secrets and Viral Marketing

Backend Profit Secrets and Viral Marketing

Once you truly understand the power of backend profits, you'll explode your marketing results and create an unstoppable viral machine.

The techniques I will reveal to you have often been taught in many marketing courses and articles...but they are still underutilized because of two words -- "tunnel vision."

Backend profits means the additional income that you earn from a customer. The first purchase from a customer is the front end profits while the second purchase and so forth will be your backend.

The really good marketers understand that the most money will be made on the backend.

Here are a couple reasons why:

You can charge higher prices for backend products because you've already built a relationship with your customer.

They already know the quality of your product and of your customer service. You no longer have to convince them that you're credible and that your information is good.

You only have to convince them that your backend product is higher quality than your front end product and that they NEED the backend product.

Trust is one of the single most important components of selling. You can earn that trust by providing a good front end product.

Most marketers do not truly understand the power of the backend and that's a fact.

I know because I see very few affiliate programs which pay higher than 50% commission.

Think about this for a minute.

Let's say you sell your product for $50 and you give 50% commission. You have 5 affiliates who each make 10 sales each.

You pocket $1,250 after paying commissions. You now have 50 customers. Five of them end up purchasing your $100 backend product for a profit of $500. Total profits is $1,750 for you.

Now let's consider giving away 75% commission to your affiliates.

By giving away higher commissions, you get 10 affiliates instead of the 5. Ten affiliates making 10 sales each at $50 will make you $1,250 -- which is the same front end profits as before.

Now you have 100 customers and make 10 backend sales for $1,000 profit.

So how did you end up making more when you increased your affiliate commissions by 25 percent? You made it on the backend.

Here's what is happening behind the curtain as you increase your commissions.

You gain more affiliates and subscribers as those affiliates send you more traffic to your site.

Those affiliates are happier with their higher paycheck because you gave them higher commissions. Therefore, they will continue to send traffic to your site.

This cycle increases your traffic over time as you gain more customers, more affiliates and more subscribers.

It's the ultimate viral marketing machine!

More subscribers equal more profits. More customers equals more profits. More affiliates equals more profits.

So is all that worth a hit on your front end profits?

Yes!

The problem most people have is they can't stand to see their affiliates making more than them. Tunnel vision keeps them from seeing all the extra subscribers, customers and affiliates which could be theirs.

Please remember one thing about running your affiliate program.

A 75% reduction in profits is better than a 100% reduction, which is the case if the affiliate had not made ANY sale.

In summary, you should create an affiliate program for your front end product which gives away a majority of the profits.

You should also spend your time creating multiple backend products.

Gary Huynh is a full-time online information marketer. He currently earns money from affiliate programs along with running multiple membership sites. View his weblog at: http://www.garyhuynh.com for more tips and tricks to help you achieve a full-time work from home business.

http://store.xiiiv.com/rss

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Business Insider
BuzzFeed News teams up with Amazon to launch book club ...
Business Insider
BI PRIME: BuzzFeed News is launching a book club and hopes to monetize it with affiliate partnerships.

and more »

Search Engine Journal
Amazon oneTag – Using it to Earn More Affiliate Revenue?
Search Engine Journal
Some time ago Amazon released a JavaScript called oneTag. It helps affiliates see granular sales data and monetize international traffic. This isn't a new program. But if you haven't heard of it, you may profit from learning more about oneTag. Amazon ...

Affiliate New Customer Revenue Rose 45% In Q2 2018
MediaPost Communications
The average commission rate across affiliate partners rose by 18% during the second quarter of 2018 compared with one year ago. The percentage of affiliate program revenue from new customers in the second quarter of 2018 was 45%, up from 38% in ...

RadioFreeEurope/RadioLiberty
Al-Qaeda Affiliate Reportedly Using Iran As Transit Point For Banned Exports
RadioFreeEurope/RadioLiberty
The United Nations has banned Somali charcoal imports since 2012 to cut sources of revenue for Al-Shabaab, an Al-Qaeda affiliate that generates revenues for its Islamist insurgency by levying taxes on charcoal production in the regions it controls. The ...

and more »

The New Affiliates Are Coming By Dominic Baliszewski
FeedFront Magazine (blog)
Coupled with ad revenue pressures, it has also become clear that there is only room in the market for a limited number of subscription brands. As a result, affiliate revenues, which have historically been seen by these brands as something “we should be ...

mediabistro.com
Digital Marketing Coordinator (Affiliate)
mediabistro.com
Check and follow-up that the above gets done continuously and correctly to give the best user experience and best placement of affiliate assets on the websites to maximize affiliate revenue. · Coordinate with a 3rd party supplier to engage a ...

Bitcoinist
GG World Lottery: Disrupting the Lottery Industry Through Blockchain and Innovation
Bitcoinist
What is more interesting, though, is that every affiliate is going to receive a total of 5 percent revenue share of the tokens which are purchased by their leads. This is going to build on the lifetime revenue share potential and help the investors get ...

and more »

Liverpool Echo
Little Mix is returning to the Echo Arena during 2019 tour - here's how to get tickets
Liverpool Echo
Alternatively, tickets can be bought for other dates including Manchester Arena, the SSE Hydro in Glasgow, Metro Radio Newcastle and more at www.axs.com/littlemix and www.ticketmaster.co.uk/littlemix. Note - the Liverpool Echo may earn affiliate ...

and more »

Todd Brown Promoted To Senior Vice President And Chief Revenue Officer For Meredith Local Media Group
PR Newswire (press release)
DES MOINES, Iowa, Oct. 15, 2018 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; www.meredith.com) announced today that Todd Brown has been promoted to Senior Vice President and Chief Revenue Officer for the Meredith Local Media Group, effective ...

and more »

Forbes
What Is Disney's Fair Value?
Forbes
Overall, we expect Disney's theme parks to be an important driver for its long-term growth due to its international expansion. At Media Networks, the segment continues to be driven by growth in affiliate revenues, offset by a decrease in advertising ...

and more »

Google News

Backend Profit Secrets and Viral Marketing

Affiliate Revenue Affiliate Revenue