How To Scale Your Online Business From $10K To $100K Per Day

Alex Micol
14 Aug 202419:39

Summary

TLDRIn this insightful presentation, Alex Ml, a seasoned affiliate marketer, shares his journey from a $10K to a $100K daily revenue scale. He candidly discusses the challenges and learnings from his early days in mobile apps and e-commerce, to his eventual success with high-quality products and strategic partnerships. Alex emphasizes the importance of choosing ethical, long-lasting products, creating compelling ad content, and building strong relationships with partners for sustainable growth. His talk provides a roadmap for affiliates aiming to scale their campaigns effectively.

Takeaways

  • đŸŽ™ïž The speaker, Alex Ml, discusses scaling affiliate marketing campaigns from 10K A Day to 100K A Day offers, emphasizing the importance of learning and adapting strategies.
  • 🚀 Alex started affiliate marketing at 12 years old and has since co-founded a group of companies called Scalers, which has spent over $60 million in ads and generated over $100 million in revenue.
  • 💡 Early in his career, Alex experimented with mobile apps and e-commerce, including a venture called Trecom, which faced challenges with low margins, intense work hours, and logistical issues.
  • 🔄 Alex realized that to scale to higher revenues, it was crucial to move away from low-quality products and adopt a more ethical and sustainable approach in affiliate marketing.
  • đŸ€” The industry faces two main problems: poor product quality and affiliates getting stuck in repetitive processes without innovation, leading to a lack of progress and clarity.
  • đŸ§˜â€â™‚ïž In 2019, Alex decided to focus on health and life balance, which allowed him to gain clarity and realize the need for a change in approach to achieve $100K A Day in revenue.
  • 🌐 Alex recommends focusing on large markets like the United States for affiliate marketing due to its large population and high credit card penetration, making it easier to scale campaigns.
  • đŸ“ș For scaling campaigns, Alex suggests focusing on platforms like Facebook and YouTube, as they have been successful in achieving 100K A Day revenues.
  • đŸŽ„ Content is key for successful campaigns, with hero videos and video sales letters being effective ad formats that can sustain ad spend and engage audiences.
  • 📈 Top verticals for 100K A Day offers include financial newsletters, neutra content, arbitrage, and gadgets, with the highest payouts typically found in financial and neutra content.
  • đŸ€ Building strong relationships with partners is crucial, with Alex sharing stories of trust and over-delivery leading to better payouts and exclusivity in offers.

Q & A

  • What was the speaker's initial thought when starting in affiliate marketing?

    -The speaker's initial thought was to figure out the biggest thing he could do in the affiliate marketing space.

  • Why did the speaker decide to quit running mobile apps on Facebook in Italy?

    -The speaker decided to quit because the work was time-consuming, the products were of low quality, and the customer feedback was poor.

  • What was the name of the e-commerce company co-founded by the speaker?

    -The name of the e-commerce company co-founded by the speaker was Trecom.

  • What challenges did the speaker face with dropshipping in e-commerce?

    -The speaker faced challenges such as low profits, a large team to manage, and expensive product testing with dropshipping.

  • What was the speaker's experience with cash on delivery in India, Italy, Spain, and Thailand?

    -The speaker found that cash on delivery had low marketing margins and logistical challenges due to dealing with customs and the cash on delivery model itself.

  • What was the speaker's realization about the importance of product quality in scaling to $100,000 a day?

    -The speaker realized that promoting low-quality products was a limiting factor and that choosing ethical, white hat products with longevity was crucial for scaling.

  • What did the speaker learn about the importance of work-life balance in achieving success?

    -The speaker learned that focusing on health, enjoying life, and working less allowed him to gain clarity and make better decisions, leading to success.

  • What platforms did the speaker identify as suitable for achieving $100,000 a day in revenue?

    -The speaker identified Facebook and YouTube as the platforms suitable for achieving $100,000 a day in revenue.

  • What types of ad formats are most effective for scaling to $100,000 a day according to the speaker?

    -The speaker found that hero videos and video sales letters were the most effective ad formats for scaling to $100,000 a day.

  • What are the top verticals for achieving $100,000 a day in revenue as mentioned by the speaker?

    -The top verticals mentioned by the speaker for achieving $100,000 a day in revenue are Financial, Neutra, Content Arbitrage, and Gadgets.

  • What advice does the speaker give on building relationships with partners in affiliate marketing?

    -The speaker advises to under promise and over deliver, understand the company's needs, be patient, and give before asking in order to build strong relationships with partners.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Affiliate MarketingScale StrategiesE-commerce SalesAd PlatformsContent CreationVideo AdsHigh PayoutsPartner RelationsMarketing TipsEthical Products
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