Only One Percent Of Affiliate Marketers Make It! | Are You Going To Be One Of Them?

Thursday, July 30th, 2009 at 9:03 am

Yep. Only 1% of affiliate marketers make it!

Now, that’s not what we say, not what we think. After all there are only the two of us running ANC and we do internet marketing full time. So, that’s…errr… one hundred percent.

But a new ANC member dropped us a note this morning. Here it is:-

Hey Guys,

I just signed up.

I just got an interesting email on CB affiliate marketers.

This CB VP stated that they had 1.3 million affiliates, however only 140 thousands made one sale every three months. In addition, only 1% made enough to live on.

Interesting, I would like to hear your comments.

And here’s Thad’s response:-

Hi,

Yeah, that doesn’t surprise me.

The turnover rate of new affiliate marketers who come and go is very high, and many never stick with it long enough to see any real success. There’s many reasons for that…but I’ve always felt the main reason is most people who try it go in with a distorted view of the difficulty level. Affiliate marketing isn’t hard when compared with starting a traditional brick and mortar business, but at the same time it takes more effort that most of the so called gurus make it out to be. As a result, people typically jump in with expectations that are out of whack. On top of that, most new people entering the business never take enough serious action on what they learn.

I would say though, that the CB rate of 1% making a full time living is abnormally low industry-wide. There’s definitely more full timers than that, mainly because there’s also a large number of affiliates making money on other networks outside of CB. Also, CB is kind of the default network for most newbies…so the turnover rate is probably higher than others.

You might find this post by Steve Pavlina interesting. It gives a nice big picture perspective where you can see not only why the success rate with endeavors like affiliate marketing is typically so low…but also, it’s a good inspiration on how to push through that and be different:

http://www.stevepavlina.com/blog/2006/12/what-are-the-odds-of-becoming-a-black-belt/

Cheers!

Thad

OK! I just want to repeat Steve’s summary again (Thad is a huge fan of SP BTW.)

“Your odds of success in your field of choice won’t be found in any statistics. Success is a choice, not a coin flip. You succeed by deciding what you want, knowing why you want it, and committing to it.”

‘Success is a choice… not a coin flip’. Gotta love that line, right?

So, it got me thinking… what percentage of ANC members are part of that magical one percent, what percentage of Wealthy Affiliate members are part of that magical one percent?

Now, I don’t know the answer to that but I can tell you that the odds are much higher if you are a member of both. Well, I would say that I suppose.

But like I said before Thad and I took that route to becoming full time internet marketers and we know probably at least two dozen more people who took that route personally. Travis Sago and PotPieGirl being two of the better known.

Most who succeed though, you don’t even hear about… because they are not in the IM market. They just sit quietly in the background banking serious dough.

One such fella (I won’t name him) is a big buddy of Thad’s and he is a WA member… he was a member of ‘Destination Unknown’ when we ran that… he’s an ANC member now.

And he told us a couple of months back he was banking $500 / Day from just one of his niches. Yep, just one.

And do you know what he’s done… he’s given us the inside scoop! This month’s report is on this very niche!

(So, ANC members should head on over and grab a copy ASAP.)

And everyone should print a copy of Steve’s post and pin it on their wall.

You wanna be a black-belt?

Get some training… get some serious training!

Or you could just flip a coin…