What is consistent income?Although it is said that around 95% of people who try internet marketing fail to ever make money online, I’m sure that some of those people have actually made one or two sales. What was actually lacking was consistent income to the point of reliably being able to say, “I will make at least $xxx each month”. It doesn’t matter what the figure is, so long as you can achieve it each and every month.
In theory, the only thing you need to do after that is to increase whatever you did to get to that consistent income point. In practice, especially at the $10 to $100 per month stage is that it’s difficult to know exactly what brought in the earnings.
Was it one or two sales of a launch product? Something evergreen that you wrote a blog post for or a YouTube video that had an affiliate link in the description box? Maybe even a couple of ebook sales on Amazon?
Some things are easier to trace than others.
Amazon sends you emails at the end of the month, telling you how much you’re getting from your book sales. Affiliate networks can tell you as soon as you’ve made a sale – even if you have to wait for 30 days to collect your earnings, but these things may have been the results of somebody randomly finding a link of yours, maybe something you did in the dim and distant past (i.e. more than 2 weeks ago).
How do you discover exactly what got you the money? You want to know because if it worked once, it should work again and you want to concentrate some effort there.
For instance. I made an affiliate sale of a $97 product the other day, totally out of the blue. Now the only place I’m sure of where I have an affiliate link for this product is on one particular site, so in this case, I’m certain that the sale came from there. But could I be really sure?
Of course, if I had used a tracking link, instead of the raw affiliate link, I could stand a chance of tracing the sale a bit. Had I? I had. It was a Pretty Links (WordPress plugin) link on that site, so it was a simple matter of checking the clicks around the time and date of the sale (which was provided by the affiliate network), so I could confirm that the site had provided the link.
I now know I can spend some time promoting that site and maybe make some more sales.
Could I nail it down to a page?
It turns out that I can – Pretty Links is good enough to tell me the source page of the click (even though the same shortened link is used all over the site). Great. I can promote a single page and I have proved to myself the value of tracking.
So if you want consistent income, my advice is to use a tracking system of some kind.
If you have a domain and hosting, set up a WordPress blog – even just on a sub-domain, and add Pretty Links to it, then make sure that every link to a free or paid product is put through the tracker.
If you don’t have a domain & hosting or the thought of setting up WordPress brings you out in chills, then may I recommend Click Magick. This can do an awful lot more than Prety Links and is a pro choice, but without a pro price!
If you want consistent income you need to know where to apply your consistent action. Only link tracking will tell you that, so make a tracking decision early and keep tracking as much as possible.