I think it's interesting that most affiliate's count their money 'by the day'. I know of no other industry where that is the case.
The reason? Because it varies so widely and seldom lasts. $100 a day today, could be $200 a day next week or $20.
Personally, I'll be done when I stop counting it 'by the day'
It depends on the lifestyle that "makes it" for you. If $50 is good for you, then great.
Exactly, it does depend on lifestyle amongst other things, so what is your number? You must have one goal in mind...
I've always figured that $100 a day was equal to the average American's annual salary (~$36,000 a year). I would say this is a starting point.
At $200 a day I thought it was time to hire a part-time employee so I could take a break now and then.
At $300 I hired two more.
At $500 I discovered that I was again making less than the average American, so I re-shuffled things.
I guess I still haven't "made it".
If I am alive, eating, enjoying myself and have a roof over my head I've made it. Esp if only working a few hours a day and can devote the rest to reading and learning.
At first I only wanted to make enough to go off welfare. About $300 per month, same as my welfare check.
Now, 5 years later I feel "rich" making around $3000 a month with affiliate progams and adsense. (That's more than I have ever made in my life.) My next goal is to make it to $10,000 per month. After that, if I make it, I will go for $1000 per day. I will probably be satisfied with $1000 per day. Wish me luck? Thanks! :)
If that is really a true story (no joke) then congrats on your accomplishment.
It is truly great that you have found a way to increase your income and get off of welfare.
I don't usually answer this kind of silly question, but I've go to admit that $100 US was always the benchmark for me. Above that and I can feed the family; below that and I'm probably living off my retirement savings.
It also depends on how much you have tinker with your site on a daily basis. I mean if you have to put in 5 hours a week at any time and make "just" $1500 is that really worse than if you put in 80 hours a week and make $4500?
$1000 a day after taxes. So about $1900 in actual earnings.
I always stress the geographical aspect. Compare $100 of buying power in the USA with $100 in, let's say, India. In my opinion, this will obviously change the perspective of this theoretical question.
A very good point uniqus. $100 a day for someone in the US buys a lot more than someone in the UK. Where as someone earning $100 a day in India is probably a lot of money. It is all dependent on the cost of living where you reside.
That $100 in the UK converts to £56. Since everything in the UK practically costs in £ what things cost in $ in the US, that $100 doesn't go very far. Where as in India that $100 converts to 4,500 Rupees, and since the cost of living is much cheaper, that money goes further.
Personally myself $125 a day would be a outstanding target to obtain.
My view is that you should think of it this way... are you making more with affiliate marketing than you are with your 'normal' job. If so, you've might have made it.
If you're earning enough to be able to quit your day job, then you might have made it.
If you've got a normal day job and aff marketing part time is giving you the little extra you need, you might have made it.
Under any of the above, if it's helping you be happy, getting you to where you want to be in life, or at least in the right direction, then you certainly made it.
|I think it's interesting that most affiliate's count their money 'by the day'. I know of no other industry where that is the case. |
Well, actually financial companies - at least brokerages and investment banks big and small - are constantly checking the numbers throughout the day. Most CFOs get daily reports on what happened the previous day. You would be surprised how hooked those guys are on their reports and during market hours they will check every five or ten minutes making sure things are on track. If I ever get to the million dollar a day mark or even the thousand dollar a day mark, I'm sure I won't have the need to check my dollars all day long but still once a day seems reasonable no matter how high you get.
i think it changes al the time.
you may start saying i'll be happy with $100 a day, but when you have reached that target you start thinking, i'll be happy with $200 a day and push the goalposts that little bit further away. And when you reach $200 guess what happens?
only my thought on this though.
1K a day....I'd only feel comfortable then and not have too much of a worry.
does anybody have experience in how much you can make per week selling flight tickets on an affiliate programm of an airline?
when have you "made it" in the travel sector?
commissions are not really amazing for tickets so is the conversion rate higher than expected?
(I am new to affiliate programs and as far as I have read here at WebmasterWorld the discussion was only about the commission and not the total you can earn per week or day)
It's really a simple question yet 3/4's of you cannot answer it.
If you don't have a definite goal, how do you do any planning? You have to start at the end and work backwards. So I'm guessing that the people who say "it depends" really never set a concrete goal and probably don't have any sort of plan in place.
So this "silly" question, is not so silly after all. If you don't know your destination, how do you know when you've arrived?
You've "made it" when you can survive the next G update without complaining too much about how they stole your traffic.
In this business, you can't predict how much you will make. If you actually start being successful you'll probably make much more than you ever expected. If you have an artificially low limit "expectation" set, it can keep you from growing further and realizing your full potential.
Let's say you are making $50/day. Maybe your goal is $100/day. So you plan to reach that goal. But it could be you actually could be making $500/day through some strategic thinking and planning. Limiting your sights on $100/day is nothing but self-limiting.
Initially $100 a day, but humans were not born to be satisfied with what they have.
I've read a story in Entrepreneur/Inc magazine how some CEO had a private jet, but he was aspiring and comparing himself to his CEO friend who had a jumbo jet at his disposal. Silly? maybe, but wait until you're there in his seat... :)
You can easily be satisfied with what you have and still work to earn more. These arne't mutually exclusive.
|You've "made it" when you can survive the next G update without complaining too much about how they stole your traffic. |
Agreed. There's more to "making it" than just a dollar figure. My sites were making more money 3 months ago than they are today but their business model is more stable now and I don't have to keep watching the latest trends on a daily basis... I am definately sleeping better too.
It's fun to ride a wave every once in a while, but I'd rather spend most of my time on a cruise ship, especially when I'm the captain...
|Esp if only working a few hours a day and can devote the rest to reading and learning. |
Great attitude - good luck to you.