I’ve often wondered how much an online sale is worth. To me, it’s worth far more than the dollars/pounds which I get paid in commission. Today, for example, I made a $30 commission. Not a lot you might say. But whenever a sale like this drops in, it gives me extra confidence that I can make another. It’s confirmation that whatever action I’m taking as an affiliate I can actually produce a sale!
My first online sale came from an article review I wrote and it was a magical experience. This was over a decade ago now but I still remember the experience. It showed me that not only could I make a single sale, but that I could make a living online.
A single sale proves (to yourself) that you can sell online. It helps you overcome your negativity and doubt that you can earn online. See also how to make the first sale as an affiliate. But it’s far more than that besides.
How Much An Online Sale Is Worth
How much is it worth to you to never need to work for someone else ever again? How much is it worth to you to never have to have a commute? Or to never have to deal with difficult bosses or co-workers? How much is it worth not to have to struggle with your finances?
For me making a sale online meant I could live on my own terms. However small the commission was. If I could make one sale online, I could make many more. An independent income meant I wouldn’t have to commute, work for as$*&ole bosses or do jobs I hated!
If I could make one sale, I could make many more. Once you understand that selling online can be automated, a small “win” online is worth much more than its dollar value. It means you have an escape route, should your 9 to 5 become unbearable. Or worse still, if you are made redundant; a common occurrence with the rise of artificial intelligence.
How Much Is An Online Sale Worth – Actual Value Of A Commission
Actually an online sale can be worth anything from a few dollars in commission to a few thousands in actual monetary value. It really depends on the products you promote. See my post on high ticket affiliate marketing products.
A single sale can be worth a lifetime of recurring commissions if you sell the right software or membership product to the right person. Digital business tools, for example, often carry recurring commissions. So a single sale of a business product can be worth a whole lot more than a single physical product sale, for example.
A high value business course or mentorship program, for example, can be worth thousands of dollars.
The Data – Where The Real Value Is
You’ve probably noticed corporations and governments have started collecting data? Whenever you purchase something in a shop, have you noticed that many establishments offer to email you a receipt?
Data is where the real money is because once you understand where sales come from, you can focus your attention on that aspect of your marketing. For an affiliate then, once they make a sale, they have some actual real world data. Not only have they proved that they can make a sale, which goes a long way to overcoming their own scepticism, but they know how they did it too.
Pareto’s principle states that roughly 80% of results come from only 20% of their causes. Once you have this data, you can focus 100% of your efforts on those 20%! This means affiliate marketing does get easier, despite what a beginner might experience. Initially it can be hard just making a sale. But once you have, you can zone in on the action that caused it, making it easier in future.
Summary
The real value of making an online sale is in the education it gives you. Once you have figured out how to sell online, you can rinse and repeat that success. You can even automate the process which can give you both financial and time freedom. You can work from anywhere globally with an online business and you don’t need any products of your own either!
So if freedom is a value of yours, building an online business ticks a lot of boxes. For more information and to get started online, checkout this video.