The 2K Method How to earn $2,000 per month with a simple affiliate marketing method that anybody can use 2017 Tim Felmingham
Introduction $2,000 per month is enough to make a difference to most people. Whilst it s probably not a job-replacing income, it s heading that way. And let me tell you, if you can regularly and reliably make $2,000 per month, then you can also make more. It s the same as if you can run 5 km, then you can also run 10 km something I never believed when I was struggling to run 5 km, but subsequently learned to be absolutely true. All you do is take what you have learned, and do more of the same. But we re not going to talk about 6-figure incomes, or living the dream earning-money-while-you-sleep. We re going to concentrate on something that is realistic and achievable, and well within anybody s grasp provided you re prepared to put some work in, and spend some time learning. I m going to show you a method that s working today, that you can use to generate an income of $2,000 per month. Where you go from there is up to you
Overview In The 2K Method, we are going to generate affiliate commissions, using one particular affiliate program. The same method could be applied to many similar programs, but I ve chosen this one because it pays very well, and it s working right now. The affiliate program we are using is what s called a CPA (cost per action) program. That means they pay you when somebody performs a specific action in this case, signing up for a free membership. And in this case, when somebody signs up for that free membership, you get paid from $2 $4, depending upon which country they are in. And note, that is a FREE membership The customer doesn t have to buy anything, or pay any money, but you still get paid. Pretty good hey? Now you see why I picked this one!
The affiliate marketing model There are lots of ways of generating affiliate commissions, but they all operate on the same basic principle: You drive TRAFFIC (ie. people), to an OFFER, a percentage of them will CONVERT (ie. buy or signup), and you earn a COMMISSION as a result. Traffic > Offer > Conversion > Commission Obviously, the more traffic you send, and the higher your conversion rate is, the more commission you will earn. But that s not a very efficient process. Traffic passes through your offer, it either converts or it doesn t, and then it s gone. So you have to go and find some more The most effective way to do affiliate marketing, is to build an email list, so that you can keep on mailing offers to your list. Your traffic then has lasting value you can continue earning indefinitely from the same people. The way to do that is to send traffic to what s commonly called a squeeze page a page that asks people to enter their email address, usually in return for a freebie of some sort (called a lead-magnet ). They then join your mailing list, and you send them a series of emails (called an autoresponder series ) that goes out to them at pre-determined intervals.
Instead of sending them straight to a sales page, you put your offers in these emails. You can have as many offers as you want and you can keep going forever! So it s no longer a one shot, hit-or-miss deal, an email list gives you the ability to create a lasting income stream. You can add new offers to your autoresponder, and if you see something new that you want to promote, you can just send a broadcast to your list. You send emails, and get commissions in return it s a beautiful thing! Obviously, you can t just send any old rubbish and expect to earn money your list will soon get fed up, and stop opening your emails. You need to take care to build a good relationship with your list, and most importantly, only ever promote things that you know are good (preferably through personal experience of using them yourself). NOTE: I give a lot of tips about how to do this, and affiliate marketing in general, in my own AM Insider email series which you can get for free here: timfelmingham.com/affiliate-marketing-insiders-list I recommend you signup for this series (if you haven t already), as it has a lot of information that will help you with The 2K Method.
Implementing the affiliate marketing model So now we have a process: building a mailing list and sending them offers, in order to generate commissions. You can see the obvious appeal of such a system, and how it can earn money. But how do we actually implement it? - You need to have a landing page (squeeze page) that you send them to, where they signup to join your list (opt-in). - You need a lead magnet, that is valuable to them something that they WANT, that will induce them to give up their email address. - You need some follow-up emails, containing your offers. - And finally, you need some traffic to send to your landing page. Now where the heck are you going to get all that? Well believe it or not, there is a FREE membership site, that will give you all those things With THREE separate funnels (Landing page > Sales copy > Lead magnet) All ready made for you, so you can just add your emails and your offers. FOR FREE! Sounds amazing right who wouldn t want that? It s a no-brainer. Must be the easiest thing in the world to sell for free. Well that s the product we are going to promote in The 2K Method!
Introducing Yoonla Yoonla is a free membership site that gives you everything you need to build an online marketing business. It gives you ready-made sales pages and lead magnets for three different products in the Internet Marketing niche, so you can implement the model described earlier. The quality of these sales pages and lead magnets is exceptional. They are far better than you could produce yourself (unless you are an expert who has got days to spend producing them). Here s an example of one of the landing pages:
You can use these products to very easily build an online business, where you can sell to anybody who is marketing any type of business they don t have to be in the Internet Marketing niche. So for example you could build a business showing plumbers how to do online marketing. Build a mailing list of plumbers interested in online marketing and sell them products that will help them do that software, training, courses, books, etc. The potential applications are endless. Yoonla provides not only all the deliverables (landing pages, lead magnets etc) that you need, but also full training on how to set it all up and drive traffic to your funnels. All for free all you need to add is some hosting and an email autoresponder, and you re in business. You could just do that if you want. But for The 2K Method, we re not actually concerned with using the product, just promoting it. By all means use it as well, but for this training I m just going to talk about promoting it. The Yoonla affiliate program is one of the best out there at the moment. It s a very high quality product, it s easy to sell, and it has high payout for affiliates. That s exactly what we want!
The 2K Method Our goal in this method is to generate a profit of $2,000 per month. That equates to $67 per day that s our target. Yoonla pays $2 or $4 for every free membership that you generate through your affiliate link. Here are some of my recent commissions:
The 2K Method continued You get $4 for Tier 1 countries such as US, UK, Canada, Australia, and $2 for the rest, apart from some countries such as India and Nigeria which currently don t pay any commissions. Let s assume that half your signups are from Tier 1, and the rest are only $2 ones. In that case, your average commission per signup will be $3. (Of course if you only promote in Tier 1 countries, then all your commissions will be $4 ones, I m just taking a cautious view.) Let s assume you get 10 signups per day that will earn you commissions of $30 per day. Well that s not bad, considering all you re having to do is to give away 10 things per day it s easier than selling stuff! But that is only half of our target income
The 2K Method continued Now let s assume that you do a really good job on your follow-up series, and half of these people upgrade to the VIP membership. This can generate you up to $50 per upgrade, but let s be conservative and work on $30 (that s what you ll get initially). Actually, let s not work on the basis of half your people upgrading (although that s a reasonable expectation if you do a good job), let s be ultra-cautious and assume only 20% of people upgrade to VIP membership. So if we get 10 free memberships per day, and 20% of them upgrade to VIP, that is 2 upgrades per day. Assuming $30 per upgrade, that s $60 per day from VIP upgrades. PLUS the $30 per day from your normal signups EQUALS $90 per day Oops, we ve overshot we re earning too much! So clearly there is room for some variation in your own results (and I ve taken a very conservative view to begin with), but as you can see, it doesn t look too difficult to achieve our target of $2,000 per month by giving away just 10 free memberships per day.
The 2K Method continued Now a big chunk of this income is coming from VIP upgrades, so how realistic is that are 20% of people really going to upgrade? Well firstly, let s understand that the VIP Upgrade is still FREE, so it s not hard to sell. The VIP Upgrade means that their Yoonla system is setup for them, which saves hours of work, AND they get the rights to promote Yoonla as an affiliate and make even more money. Although the VIP upgrade is free, it does require them to purchase some website hosting from Yahoo, and an Autoresponder account from GetResponse (unless they have GetResponse already). This does represent an initial outlay of about $35 (and GetResponse is $15 per month thereafter), but THEY NEED THIS ANYWAY! They will also get $100 of free advertising from Yahoo/Bing, AND Yoonla will also send them some free traffic to get them started. (I got 20 people added to my list straight away from the free traffic). So although the VIP Upgrade itself is free, they do have to invest about $35 upfront, but they get a lot for it, and it s stuff they need anyway. (I recovered my setup costs in the first 24 hours). So, given the small expenditure involved, and what they get in return, yes 20% conversion to VIP membership is a reasonable expectation probably on the low side if anything.
The 2K Method continued But how many upgrades you get is really down to you it depends on how good a job you do of showing them the benefits. The way I do this, is I have an autoresponder that automatically sends them a series of emails once they take the free membership and explains how the VIP upgrade will benefit them. (Once you signup through my link, you will receive this email series yourself feel free to copy it if you like!) If you get less upgrades, then you simply have to get a few more free memberships per day. If you get more, then you don t need as many initial memberships. Your numbers may vary, but this is a reasonable starting point. There is also another earnings multiplier that I haven t told you about yet, but I ll save that for later
How do you get people to signup? Your next question is almost certainly going to be how do I get people to signup in the first place?. Well let s think about it This is FREE, so it s not a difficult sell. It s something that helps people earn money, and that NEVER goes out of fashion. It s something that ANYBODY can do provided they have some ambition, willingness to put some work in, and ability to learn. You ve got a pretty big pond to fish in If you have an email list already, you can send an email about it, offering the a free membership. You can post about it on Facebook. Tell your friends what you re doing, and invite them to try it too. You can post in relevant Facebook groups (always get permission first). You can share on Twitter, Pinterest, LinkedIn and other social media. That s all free 100% profit! And you can do paid advertising (on Facebook for example). That s the way to really scale this business up. Get that right and you can exceed your target income by a long way.
And last but not least, there is full training on getting traffic within the Yoonla dashboard. You are not going to be short of options for getting signups! But there s something else When people take the VIP upgrade after signing up from your link, and become Yoonla affiliates themselves, they become sub-affiliates of yours. You earn a percentage of what they sell too! So have I shown you yet that this is worth doing? Good, let s get started then
Putting The 2K Method into action The first step is to signup for your own free membership here: Get your FREE Yoonla Membership here (timfelmingham.com/yoonla) You ll be taken to this page, where you enter your name and email address: You will then receive a confirmation message that you must respond to in order to activate your account.
Putting The 2K Method into action continued Once you ve activated your account, login to Yoonla here. Click on the big blue Claim your free custom setup by Reno button, either at the top or the bottom of the screen.
Putting The 2K Method into action continued You ll be taken to a new page that explains how the custom setup works, and shows you what you get for it: Follow the 3 steps to claim your custom setup. This involves setting up your hosting (and domain name), and getting your Autoresponder account with GetResponse, and then entering the details of these into Yoonla so they can set everything up for you. It s pretty straightforward, just follow the instructions they give you. It will take about 24 hours for your VIP membership to be setup, and then you ll have a website with your three Yoonla products, connected to your autoresponder, and hopefully with a few subscribers on your list already!
Putting The 2K Method into action continued Once your VIP membership and site is setup, work through the training in your Yoonla dashboard. There s quite bit of it, but this will explain everything and it s very good. This is time well spent there are no shortcuts! Once your VIP membership is activated, you will also start getting a daily email from me (provided you signed up with my link) which will tell you what to do next to start earning your affiliate commissions and putting The 2K Method into practice. And that s really all there is to it! If you have any questions, just drop me a line and don t forget to signup for my free Affiliate Marketing Insiders series here: timfelmingham.com/affiliate-marketing-insiders-list NOTE: Do make sure you signup for your initial Yoonla membership through my link, or you won t get the follow-up series that takes you through the rest of the method. Just click the link below to get started: Get your FREE Yoonla membership here (timfelmingham.com/yoonla)