Chapter 4
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The Basic Calculation The Cash Number Your Client Can't Lose Additional Reading |
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With 136,000 contacts your clients are no longer simple job seekers. They are mass communicators. Big time. That can translate into cash. Any Good?If the article is any good, a common response will be, "Can you suggest some reference material?" Answering that question opens the door for a very legitimate stream of income. You may not realize that offering book suggestions is a serious benefit for a book dealer. Attracting new buyers keeps their business healthy. Booksellers are more than willing to pay a commission for your referrals. Basic CalculationIf the citations are linked to an online bookseller, your clients are entitled to a commission. Amazon.com, for example, offers a 15% commission on direct links to books purchased. (See Amazon's Affiliate program for details.) Let's say ten references are cited in the article. Their average retail price is $35. If someone is seriously interested in the topic, they should buy three books (some will buy them all). Take 15% of $35 times 3 books, and it comes to a commission of $15.75 per reader. The Cash NumberGoing back to the previous contact calculation, if half of the contacts buy a third of the references, that can generate $1,007,000 ($15.75 x 136,000 / 2) in commissions. $1,000,000. From one article! It is not crazy. It's the potential of the Internet. When useful information combines with massive exposure and a commission, the results can be spectacular. Obviously, your client's career is important. But $1,000,000 does open up the options. Your Client Can't LoseEven if the contacts only buy one book, that's $330,000. If your client contacts just a third of the people and gets zero buzz from the article, that's still $110,000. So what if the first article only makes $100,000. Your client can improve on the second one. It may take five articles to get it right. So what. The potential return makes it a good investment of time. At the very minimum, your clients will develop one heck of a job hunt network. They can't lose. Additional Reading
Affiliate Selling: Building Revenue on the Web
by Greg Helmstetter and Pamela Metivier. Wiley, 2000.
The Complete Guide to Associate & Affiliate Programs on the Net: Turning Clicks Into Cash
by Daniel Gray. McGraw-Hill, 1999. | AWSS | Previous Chapter | Next Chapter | Feedback: Patricia Bason |