scalable startup entrepreneurship Archives - Affiliate Marketing Mentors

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
Facebook
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.

Scalable jobs are not really jobs they are businesses. In a normal job, you only get paid for your time. So when you stop spending time in your job, you stop getting paid. There are scalable jobs though which factor in elements of scale. Such jobs might be software development in which you own the product and you can sell at scale. Or Forex marketing is another scalable job. With trading, you can learn a skill which can be applied at scale. The skill of trading small amounts can be applied with a larger amount in order to scale up your efforts when you are regularly profitable.

Trading the markets however is an entrepreneurial endeavour and arguably not a job, as such. You use your own capital and therefore place your money at risk, unless you trade for a company, in which case you are salaried. Other scalable jobs could be mentioned are those which offer royalty incomes such as actors, writers and performers. They receive money through royalty payments and if their work does well they can receive a percentage of the value of the product. Some actors have been known to wave their regular payment (acting salary) in exchange for a larger percentage of the product value if a film does well.

Scalable Jobs

Most jobs though only pay when you work. The average worker, whether they are tradesmen, carpenters, doctors or lawyers only get paid when they work. So even on a high salaried position, they still only earn while working. If they take some time off, their income stops. If they lose their job, their income stops.

Software developers who have their own product/s are an example of someone who might have a scalable job. But they will only be able to make a scalable income if they are able to market their product profitably.

Scalable jobs therefore are not really jobs – since a job usually implies working for a wage which is limited to the hours you work. Scalable jobs are businesses in which there is a product creation which you have some element of ownership over.

A job which is scalable therefore comes with some capital risk or the commitment of years of hard work to create something unique which is globally marketable.

Scalable Jobs – Affiliate Marketing

One of the most scalable jobs I found was that of affiliate marketing. Although affiliate marketing is actually a business, and differs slightly from a job in which you draw a salary. Unlike a traditional job, affiliate marketing is a performance based business in which the affiliate refers customers to other people’s products on the internet.

Most scalable type of work involves creating a product, or selling something en-mass to a global marketplace. But what if you don’t have anything to sell? What if you’re not a software developer or able to make royalties in your work? The most accessible way to generate a scalable income without your own product or service is through the use of the affiliate model. With affiliate marketing, you don’t need you own products and services. Instead, you can generate sales of products and services which offer affiliate programs.

Once you join an affiliate program you can promote products and services globally, even if you don’t own them personally.

How Do Affiliates Work?

Affiliate marketers work in a variety of ways. Some create content and use it to find customers for products. Others build email lists and run advertising campaigns; sending people to various products and services online. Affiliate marketing is scalable because you can sell products globally through using automated marketing strategies which can be scaled up.

Although affiliate marketing takes some time to learn (learn here), it’s one of the most popular earning methods on the internet today. Most affiliates won’t earn much when they begin. Sadly this means many quit before things start getting going.

But once you discover a strategy which works for you, affiliate marketing can be a great way to earn an income which can be scaled over time. The fastest legit way to make money online (with affiliate marketing) is through purchasing a high ticket program and using paid marketing.

Paid marketing is fast, but expensive. So you’ll need a good product range in order to profit when running paid campaigns. Once profitable, you can scale up quickly by increasing your marketing budget.

Paid Marketing Vs. Organic Content

Although paid marketing is probably the best way to use affiliate marketing, there’s many other ways too. Content marketing is a slower and cheaper route which can compound over time. Blogging, or creating videos to upload to YouTube are two organic strategies.

With blogging, you create content and upload it to a website. This article is an example of a blog post. Although one blog post won’t generate a huge business, over time if you build content regularly, your content can generate traffic and sales from a website. With 100 article on the internet, you won’t get much traction with affiliate marketing. But with 1000 you should see some traffic landing on your content. You then can use this content to promote various products and services.

As the volume of your content grows, so does your income. Over time, older and newer content can bring you a trickle income which continues even when you stop working. Content marketing is a scalable job of a kind in which you can generate an income over time through creating content which becomes an asset.

Affiliate Marketing Versus a Job

In a normal job you only get paid when you work. You are effectively trading your time, or loaning out your labour for a limited amount. Generally the more difficult it is to gain a level of expertise in a role, the more you are paid on a daily basis. Brain surgeons get paid more than carpenters because the job requires a greater level of expertise and skill. Whatever your earning power in a job, you still have a capped income. With a scalable job, or a scalable business, you are a creator of something which can be sold multiple times to a global audience.

Entrepreneurs are able to earn far more than a brain surgeon because of the ability to sell their product to a global audience. A brain surgeon’s pay, despite their ability to earn large amounts, is still capped by their available time, which is finite.

Scalable jobs therefore offer the ability to use some form of leverage to enable someone to escape the trap of trading their time for money continually.

If you’re interested in learning how to escape the trap of trading time for money by using the affiliate marketing business model, access a free video series here. It explains several strategies you can use to earn online.