We have already calculated how much money you need to open an affiliate network at minimum wages. The answer will definitely surprise you! And now about the “beauty”. Let’s go without further ado, let’s go count!
Playing at maximum speed, you can afford a self-written engine. It costs:
- 20-100 kilobucks. In the final estimate, we will consider $50,000 as the median price.
- 3-6 months of life.
- Approximately 1.33 billion nerve cells.
Finding the right team of encoders is difficult. And yet, programmers, as it turned out, are also people and can suddenly leave for another project. Or swell, with such and such a salary. Can be replaced? Yes, only new guys will spend a month sorting out already written code.
The engine does not run in a vacuum. It must be put on the server. That’s another $100 a month. And if the programmers are so-so, then $1000 for a whole server park.
Let’s count properly. Beauty doesn’t mean idiotic. But we do not look at the lower boundary of the market. Good specialists know their worth and look at the top bar. The dumbest thing you can do is desperately save on staff. If we are already hiring people, then we hire good people and pay well. We take into account that the role of the CEO is performed by the founder, so we will omit his salary. We have already talked about the composition of the Dream Team, there will be no new faces here.
Oh, this is a very important person. He communicates with advertising: he searches, connects, trades for the best conditions. He is also in touch with the affiliates. If the support solves problems, then the aff-manager helps to grow.
He will not come to work for you for less than $1500. He must also have a KPI for motivation. Let’s put in $1800.
Like affiliate-manager, CMO is a person that you can never skimp on. He’ll bring you affiliates, build brand reputation and most influence the scale and speed of business growth.
Do you know how to distinguish a good marketing godfather or a weak one? A good one will sell itself for $1500-$2000. Don’t just charge the price tag. And he will make you want to pay him this money.
A normal professional without decades of experience in the Soviet factory canteen, which we do not need, will cost about $ 800 per month.
I know stories when a good techie plowed on a project for $500 a month. I wouldn’t focus on it. $1500 will have to be thrown out for sure. This is if you need a person who does not have to be taught for a couple of months and pay for the consequences of “training”. And I remind you that techies from AlterCPA go for $1000 per six-pack.
At the start, 2 people will suffice. Everyone needs to pay at least $600-700. Maybe less. But I wouldn’t save a couple acres. This is the face of the partner. The guys should be savvy, pleasant in communication and just adequate. Will such candidates work for a living wage? The question is rhetorical. Everything happens in life.
Analyst and fraud hunter
And here you can save. Take an adequate character from the street for $500, put under the supervision of an affiliate manager and set up a violent incubator. Unlike all previous positions, there is someone to control analytics, except for the founder of the network itself.
Draws a visual, helps the CMO, can help the affiliates in some tasks. And here we save. For $600, you can find a specialist with little experience, but without medals on his chest, for which you need to pay x3.
The marketing strategy will be written by the CMO. But in any case, be prepared to allocate $3,000 per month at a minimum.
Ah, I forgot. We think in a good way, without unnecessary savings. Then $5,000.
Once again the numbers:
- Engine. $50,000 one-time.
- Server. $100 per month.
- Affiliate-manager. $1,800 per month.
- CMO. $1,800 per month.
- Accountant. $800 per month.
- Integrator. $1,500 per month.
- Support. $1,400 per month.
- Analyst. $500 per month.
- Designer. $600 per month.
- Advertising. $5,000 per month.
In total, we get $50,000 one-time and then $13,500 per month.
Not a lot. But frankly not a plane wing.
Nevertheless, I advise you to subscribe to my blog https://t.me/altercpaworld so as not to miss new articles. And gradually learn how to open an affiliate network in a human way, in a simple way. Spend a little money, start earning and only then gradually expand. I wonder how to open your grid and not go broke? Then definitely subscribe!