I recently wrote an article called “The Secret of Affiliate Marketing”. This went into the three concepts of: Find something that works; magnify it and then multiply it. This article will go into more detail of “Multiplication”.
What is Multiplication? Well, in this context, it is taking something that works, and copying it again and again and again. If a business plan is working for you in one area, then chances are very high it will work in another area.
Never under estimate the power of multiplication. By using multiplication, it doesn't matter if you have crap products, with crap ad copy, backed up by a crap advertisement campaign. If you are able to make the tiniest profit with one website, then you are able to make a much larger one with 20 websites.
If you are a complete beginner at affiliate marketing, then perhaps you can only make $ 10 a week profit from one of your websites. Obviously, it is important to utilize the power of magnification (see early article), but there is only so far you can go with it. Instead of wasting money and time testing every single variable to try and make your site even more profitable, make a new website.
For example, let's say you have, after testing with magnification, found a website design that converts fairly well. You are able to pull in $ 100 a day with very little advertisement. You now select a new market, use the same method of research to find another profitable product, and simply copy and paste your previous website. You change the content so that it matches your new product, and you are set. You now make $ 200 a day.
Once you reach the limit with magnification, move onto multiplication.
There are so many benefits of multiplication. Most importantly, it allows you to diversify your business. If you have ever learnt about trading in stocks, then you know it's important to not put all of your eggs in one basket. It is the same with internet marketing. As one market goes stale and the profits taper off, you need several other websites to take the slack. You should always be looking tfor the next market you can tap.
Multiplication is the last step in the Secret to Affiliate Marketing for a very important reason. If you don't find something that works, if you don't magnify it, then all you will be doing is multiplying non-profitable sites. 0 multiplied by anything is always 0.
Make it your goal to stat up at least 2 new websites this month. Then, you will know the power of multiplication.
Good luck future millionaire.
Did you find this article helpful? If you did, then take a look at the step by step video tutorials here!