How much can I really earn?

Author: admin Jan 30

While reading through Kirstys blog over at Affiliate Stuff I found quite an old, but still applicable post.

One of the main things people want to know when starting out in affiliate marketing, how much cash can I make? Well the answer is, how much do you want!

There are affiliate marketers out there earning hundreds of thousands per year (my idols!), and there are thousands more who think that throwing a website up with a couple of affiliate links on will make them a millionaire before the end of the week.

The fact is, as I am finding out myself, there is money in affiliate marketing, but dont expect it to be given to you on a plate. You will need to work for it, the harder you work, the better the reward. There is no magic key that will unlock a super rich lifestyle over night, but given time and hard work, there is no reason why anyone cant make some cash from affiliate marketing, whether it be enough to pay for your holiday each year, or enough to live on!

In a previous post I set myself a target of £50 per day by the end of the year. Seems quite a lot, zilch to £19k in a year! Surely not possible? Lets break it down a bit, and show you exactely how possible it is.

At the end of 12 months (365 days), I want to be earning a total of £50 per day. So, during that 365 days I need to do enough work to add 14p per day to my income! I had planned to put up 1 website a week. As long as that website is earning my 98p a day by the end of the year I will hit my target (50 sites @ £1 per day = £50 per day).

So now if I said you have 1 week to make a website that within a year will make you 98p a day you would probably day thats easy. Well if you can do that every week, for a year, you’ve just earnt youself a nice £19,000 per year bonus!

One of the things Im really looking forward to is the fact that each website I make will continue to make me money for as long as it is relevant. Lets say I get up to £20k in the first year (remember, its only 14p per day!), in the second year I lose 50% of the commission from those sites, Im still earning £10k. If I repeat my first year, by the end of the 2nd year I will be earning £30k, repeat this several times, combined with the fact you will get better and soon be making sites earning a lot more than 14p per day and theres no limit to the amount you can earn.