You can use paper, a spreadsheet or even a database to perform steps 1 to 5. You do NOT need a complicated system, but as you grow it would make your system a LOT easier to track if you used a computer based tool like a spreadsheet.
IMPORTANT: All steps require you to track the advertising source of each lead. Use Key Code Tracking!
1) Track the "per lead" cost from your advertising. Ad cost divided by total number of leads generated.
2) Track the "per Affiliate" conversion cost from your advertising. Ad cost divided by total number of Affiliates converted from leads.
3) Track the "per EA2" conversion cost of the Affiliates from your advertising. Ad cost divided by total number of EA2s generated from Affiliates.
4) Advanced Metric: Track the EA2 "burn rate" from your advertising. This would be how long each lead stays active as an EA2 or above. This metric can be very important when you determine the demographics (countries and income levels) you want to target with your ads.
5) Determine which leads within your "lead system" overall convert the best to EA2, based on 1 to 4, and then "scale up" what you did to generate and convert those leads.
Hint: Use A/B split testing through every step of the advertising process! When using A/B split testing put 80% of your budget in your best ads and use the other 20% for testing purposes. A/B split testing = Always Be Testing! Google the term when you get a chance...
SFI provides the tools you need to get started with your very own "lead system". However, for advanced Affiliates you may want to graduate to building and owning your own list. The basic steps are still the same except you would capture all leads on your own website and then market SFI directly to each prospect in whatever manner you see fit.
Some of the SFI tools you should consider:
https://www.sfimg.com/PowerTools/KeyCodeTracking
https://www.sfimg.com/PowerTools/TLCoop
I'm aware that all of the above may sound complicated. However, I would encourage everyone that reads this response to copy this information for future reference. If you want to earn SERIOUS INCOME from your internet marketing business you're going to need a lead system. I can assure you that if you take things one step at a time you'll be a professional within a very reasonable period of time. See you at the top!
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You can use paper, a spreadsheet or even a database to perform steps 1 to 5. You do NOT need a complicated system, but as you grow it would make your system a LOT easier to track if you used a computer based tool like a spreadsheet.
IMPORTANT: All steps require you to track the advertising source of each lead. Use Key Code Tracking!
1) Track the "per lead" cost from your advertising. Ad cost divided by total number of leads generated.
2) Track the "per
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