A scalable startup entrepreneurship venture is possible with an online business system mentorship program. Many would-be entrepreneurs think they need a unique product or service they must provide themselves. But a clever business model known as affiliate marketing lets anyone build a scalable startup from scratch; even with no experience.
Affiliate marketing is a business model where “affiliates” promote and sell other people’s products and services. With the right business model, you can use online marketing methods which are scalable, to promote existing products.
There’s many affiliate marketing business models. But the best ones for scale are those which offer a business system which supports paid marketing strategies.
Scalable Startup Entrepreneurship
The SFM Digital Business System offers a number of products and services which can be sold through a digital sales funnel. A sales funnel is a system of selling online which includes a landing page, a sign up form and an email marketing system. As people enter a sales funnel, they are offered products and services through a series of email messages.
The whole system is automated and there’s no limit to the number of subscribers entering it. Traffic is driven towards the landing page to drive leads and sales.
A built in sales team, automated selling system and a powerful marketing “engine” lets you scale sales to a global audience.
Scalable Startup Entrepreneurship – Business System
Anyone can use the affiliate marketing model to promote and sell other people’s products online. But the difficult part of affiliate marketing is knowing how to promote products and make sales. This is what most newbie affiliate marketers struggle with.
To overcome this barrier, you can use an existing business model which offers a number of advantages over the most common affiliate programs:
- High ticket digital products – most programs only pay tiny commissions. Amazon for example pays 1-11% commission on affiliate products. Compare this to digital products which typically pay 40%. High ticket products let you earn larger amounts per sale. This also gives more opportunity for using paid, (scalable) marketing.
- Recurring commissions from software products and memberships. Recurring commissions are a game changer for affiliates and they can give you much needed consistency in income when you’re starting out.
- Built in sales team – most affiliate programs don’t offer a team of sales people who close sales on your behalf. Just refer the front end products and larger value items are still credited to you if your customer makes another purchase.
- Multi-tier commissions – means you can earn commissions from sales generated from your team; adding another valuable income stream to your business system.
Training & Mentorship
Most affiliates will quit before they have built their email list to just 1000 subscribers. See affiliate marketing failure rate. That’s because in the early days of being an affiliate, there can be very little to show for the work you’ve done. When you’re on your own, it can be very difficult to maintain the necessary work required to generate sales. When your friends and family are trying to talk you out of it, it compounds the issue!
Having a community of people who are doing the same as you is a game changer. With support, you can reach out when things aren’t going well! Without it, it’s much more difficult.
The SFM (Six Figure Mentors) offers training and mentoring programs for people looking to build a scalable startup entrepreneurship venture of their own. They offer a ready-built sales system and products you can use to sell through a digital sales funnel.
The step by step training will guide you through business system setup and you can access over 10,000 Linkedin learning courses through the Mentors All In program. Access by clicking on the image below.
Marketing A Scalable Business
There’s several products you can purchase through The SFM Digital Business System. To earn the maximum levels of commission requires more investment. With the basic Mentors All In Program this is the commission structure you can benefit from:
Investing in the higher level products also gives you larger commissions on those products, when you sell them. This is useful if you want to use marketing strategies which can be scaled up quickly.
Once your business system is set up, you’ll have a landing page from which you collect subscribers. Here’s an example of a sales funnel landing page.
To drive traffic to those landing pages, and send people into your sales funnel, requires marketing. This can be done in several different ways. But the most easily scalable method is through using paid marketing. Here’s a few of the most popular paid marketing platforms you can use to scale a digital business:
- YouTube
- Adwords
- Bing
With marketing you need to target people who are interested in what you have to offer. Before you start a marketing campaign it’s therefore necessary to define who your target market is, see how to know your target market.
Scalable Startup Entrepreneurship – Summary
Many entrepreneurs think they need a unique idea, product or invention of their own in order to start a scalable startup venture. But this isn’t true. Affiliate marketing business models allow anyone to use existing businesses and products to build a globally scalable venture.
The SFM Digital Business System allows anyone to use a proven business model to start out online and build their own global business. This is done through following the step by step training laid out in the Mentors All In program. Then learn a marketing strategy through the trainings and online groups.
To learn more, access a free video series by clicking on the image below. You’ll learn about the various online business models you can use.