3 Reasons You Need to Make Working with Affiliates a Priority in 2023
I have to confess: I’m excited to get back into a routine this week after taking time off over the holidays. While I spent a lot of time the past few weeks resting and recovering from being sick, as well as enjoying the Christmas holidays, I also spent time getting clear on what my goals are for this year.
One of those goals is to share more valuable content with you, and I’m excited to kick off with today’s post, and to share an invitation with you at the end to a free training I’m hosting this month! Let’s dive in!
3 Reasons You Need to Make Working with Affiliates a Priority in 2023
Reason #1: It’s a SIMPLE and FAST Way to Grow Your Audience!
When it comes to selling your products or launching your course, what do you need? An audience to sell to! But trying to grow that audience on your own can be super daunting… Reels, IG posts, FB ads, daily pinning, trying to figure out TikTok. It can start to feel like… a lot.
When you work with affiliate partners, it doesn’t have to be that complicated to grow your audience. You provide your affiliate partners with a link to your free or paid offer to promote, as well as the promo materials, and then they do the actual work of promoting you and your business and sending new leads and customers your way. [More on this here.]
Reason #2: It’s Cost-Effective {Especially if You’re Just Getting Started!}
When you work with affiliate partners, you aren’t having to pay them until after they’ve made a sale for you. So, you don’t need a big budget like you would need if you were running paid ads, and this is especially good if you are just getting started with selling your courses or products in the online space.
Here’s an example to show you what I mean:
If you spend $500 on Facebook ads, and your course costs $500, you have to make at least 1 sale to just break even.
But say you offer your affiliates a 20% commission for promoting your $500 course. You only need to make 1 sale in order to make a profit. 1 sales = $400 in profit for you, and $100 paid to your affiliates.
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