3 Ways to Plan for Profit in 2019

3 Ways to Plan for Profit in 2019

Generating consistent income is a common goal for online business owners. It doesn’t just mean a constant stream of money (though that IS nice); it also means confidence in knowing what your monthly paycheque could be and feeling secure in your business.

In the world of entrepreneurship, we are often bombarded with phrases like:

  • “10x your income”

  • “double your revenue”

  • “increase your passive income”

  • “make 6-figure launches”

and, whilst monetary success is amazing, it can be really tough to be surrounded by talk like this when you’re a) just starting out or b) having a slow month with your business.

I’m here to tell you that it’s healthy to have some kind of income goal for your business but you don’t NEED to be making 6 or 7 figures a year or quadrupling your revenue as long as you have a strategic profit plan in place 💰

It can be difficult to know where to start with planning for profit, but I’m here to help you out! It’s about striking the balance between big hairy income goals and not selling yourself short with unrealistically low goals. How far into the year do you plan? And how do you make those plans actionable so that you can work towards your income goal week after week?

I’ve put this guide together to help you create your annual profit plan that is built on what’s currently working for your business to help you achieve those income goals!

This blog post talks you through:

  • 📈 how to analyse your current income

  • 🙌 how to set goals for your business to make sure you stay on track (and why they’re so important)

  • 🖥my favourite resources for drawing up a profit plan

I’m so excited to delve deep into this topic with you - and to give you access to my free Goal Getter Goodies bundle!

The Best Affiliate Tracking Software Platforms For Starting Your Program

The Best Affiliate Tracking Software Platforms For Starting Your Program

"What affiliate tracking software should I use?" is probably THE most regular question I get asked as an affiliate manager.

It’s also the hardest question to answer without delving deep into features, capabilities, and pricing. You see, what affiliate software you choose really depends on a lot of things. It depends on the product you’re selling, the platform you’re selling on, the price of your product, and so much more!

I’ve pulled together this ultimate guide to affiliate marketing tracking software so you can find out which tool will work best for you and your product. This blog post talks you through:

  • 🙋🏻 what affiliate tracking software is (and what it isn’t)

  • 🤔 what you need to think about before you find an affiliate marketing tool

  • 🙌 my top 3 affiliate tracking software platforms, their best features, and their cons

  • ⚡️ 10+ other software recommendations for you to check out

I also have a free checklist to help you get started with creating an affiliate program of you own! Don’t miss out!

Is An Affiliate Program Really 'Passive Income'?

Is An Affiliate Program Really 'Passive Income'?

Unless you’ve been living under a virtual rock, you’ve probably heard of the phrase ‘passive income’.

Essentially, passive income is money that you earn without being actively involved in the process. Or as Listen Money Matters defines it ‘Passive income is money that you earn without doing much to make it.’

In the world of digital product creators, this could be anything from blogging to evergreen webinars to an online course funnel to, you guessed it, affiliate marketing!

Honestly, it’s not a phrase that I’m super fond of. ‘Passive’ implies that there’s very little work to be done and anyone who’s ever created and launched an online course knows that’s soooo not the case. 😅 Digital product creators put their blood, sweat, and tears into creating courses, e-books, templates, etc. and we spend a considerable amount of time maintaining, updating, assisting customers, and more.

I could go on about this but what I want to chat about today is if an affiliate program falls under the umbrella of ‘passive income’. 🤔

I’m not so sure, which is exactly why I wanted to avoid using this phrase in my content. However, when I read the results my latest audience survey, I realised it was a term I’m going to have to start using more.

When I asked what their goals were, my audience said - and these are direct quotes:

  • “I want to ramp up my passive income

  • “Increase passive income. That's my biggest goal.”

  • “My goal is to move more toward passive income.

  • “Make even more passive income and therefore work less”

And here’s one answer that really inspired this blog post: “earn more passive income with very little effort on my part.”

“Work less” and “very little effort” - eh? You’re telling this to an affiliate program manager who does this on a day-to-day basis 😉

So, let’s bust some myths and crack down on the reality of running an affiliate program! In this article, I’m going to talk about:

  • If running an affiliate program really is ‘passive'

  • My breakdown of daily to quarterly tasks for affiliate program managers (👈 this could be you!)

I also have a free checklist to help you get started with creating an affiliate program of you own! Don’t miss out!

Are You Ready To Start An Affiliate Program?

Are You Ready To Start An Affiliate Program?

You've heard of affiliate marketing - and you're probably an affiliate for products yourself - but you've paused on the idea of using it to sell your own products.

Starting an affiliate program can help increase your passive income, build authority in your niche, and more. So, what are you waiting for?

Related Post → Why You Need To Start An Affiliate Program For Your Digital Products

You see all the experts working together to rock each other's affiliate launches and it can make you feel like you need to have the same powerful connections and sales targets when you start your own program.

The truth is: you really don't.

If you're hesitating on starting an affiliate program of your own, you're in the right place. In this blog post, I'm going to tell you why you don't need a big audience, big paycheques, or big boss friends to see success in affiliate marketing.