Affiliate Marketing offers a great income opportunity for people who want to make money online. It is a win-win situation for both merchants and affiliates alike. When affiliates promote a product or service through their websites, blogs, YouTube videos, or any other marketing channel, they do not get paid unless their efforts lead to additional traffic or a sale.
Therefore, for merchants, Affiliate Marketing is an efficient and affordable form of marketing. Affiliates, on the other hand, simply need to promote the product or service through whatever means, because an increase in traffic or sales is a sure increase in his or her pay.
Affiliate marketers do not need to produce a good, stock it, handle it, or deal with any other operational issue, they just have to introduce the potential clients to the actual sellers.
However, it is up to an affiliate to choose the products and/or services he or she wishes to promote because he or she can consider some products not worth promoting and others well worth his or her time. Therefore, an affiliate marketer will need to understand the following:
- 1. High Ticket affiliate product or service
- 2. Low Ticket affiliate product or service
High Ticket Affiliate Products or Services
Salespeople who receive a commission and affiliate marketers sell tons of products online, products that carry price tags ranging from a few dollars to thousands of dollars.
Some products such as diamond jewellery, HD televisions, fine watches, and other upscale products sell for thousands of dollars through affiliate marketers, and this means that it is possible for these affiliates to make a good commission from the sale of one product.
Commissions may range from less than 10% to as high as 50%, depending on the affiliate program an affiliate has signed up for. Therefore, when it comes to High Ticket Affiliate Marketing, shrewd marketing is the secret to making good money, since these opportunities
might not come by often.
Choosing a High Ticket Product or Service
It is important to choose a product or service that the marketer is familiar with and an affiliate program that is reputable and dependable. High Ticket products are usually sold by name-brand businesses through respected online stores, which is why consumers feel comfortable ordering.
Affiliates planning to promote such products should first check product reviews from the online store’s website and choose those that have a solid reputation.
Research the Niche
Affiliates cannot promote a product effectively unless they understand their target market. High Ticket items often require consumers with substantial credit and discretionary income.
However, some consumers consider high-ticket products as investments. Such consumers may not have a large income, but they often have the credit needed to serve their interests.
Build an Online Presence
Affiliates selling big-ticket items should create a large and targeted online presence through social media accounts, websites, and blogs. They should also create solid content that presents them as experts in their particular field.
For example, those promoting expensive watches should have a blog that reviews different watches and accessories. They should also stress the benefits of the product they are promoting, in addition to the features of the product.
For example, how the price of a particular product will appreciate with time, making it a good investment.
Drive Traffic to his or her Site
It is important for High Ticket affiliate marketers to try out different marketing strategies, such as AdSense, social network marketing, email marketing, and Banners, to find the ones that work best.
However, the best advertising strategies should funnel potential big-ticket customers to the affiliate’s website first, rather than the product’s website.
Benefits of High Ticket Affiliate Marketing include:
- 1. High Ticket consumers tend to be repeat customers, as long as an affiliate marketer builds trust with them.
- 2. Affiliates who sell High Ticket items can become their own brand.
- 3. One sale can set a marketer up for a month, or even several months.
Low Ticket Affiliate Marketing
There are tons of Low Ticket items to promote from websites. Some include training sites, Clickbank, Amazon, book sites, fashion sites, and anything else one can think of.
Low Ticket affiliate products usually range from about $50 to a few hundred dollars. Affiliates who deal in such products usually earn a commission ranging from 5% to 40%.
Low Ticket Affiliate Marketing is ideal for people who are just starting out because they can easily promote low-cost items through social media, blogs, and email marketing, without too much effort. However, in order to make a good income, they need to sell a large number of products, which in turn requires a large online following.
Selling Low Ticket affiliate products and services requires a disciplined approach to the Affiliate Marketing business. When affiliates sell low priced items, they lack the same margin of error that High Ticket affiliates enjoy.
However, if they manage their expenses, they can leverage the large market for low-cost items to generate more revenue through volume.
In addition, promoting Low Ticket items profitably requires a strategy that lowers an individual’s customer acquisition costs. Therefore, paying $2 per click for advertising will not be profitable if he or she is promoting $20 items.
Using SEO and social media marketing, on the other hand, will likely drive traffic to an individual’s site at a much lower cost?
It is a fact that Low Ticket items are easier to sell, which is why most affiliate programs are Low Ticket programs. However, Affiliate Marketing is like a basket of eggs, and the number of eggs an individual can promote is limitless.
In this case, the eggs are products and/or services. Few people can afford High Ticket products and services; therefore, it is wise to have a variety of products and/or services for the audience that visits the site to browse through.
Making money is important; however, affiliates should not forget about their audience. Essentially, they need to meet their audiences’ needs, whether High Ticket or Low Ticket.
Note: If you would like more information on how to sell low ticket and high ticket affiliate products, I suggest registering for a free account at Wealthy Affiliate. It provides its members with free affiliate marketing training.
Note: You might have found other Affiliate Marketing courses on the market. But not everyone is worth your investment.
Here are the Affiliate Marketing course reviews for you to make reference and see which course you should choose:
- Making Sense of Affiliate Marketing Review
- Affiliate Lab Review
- Savage Affiliates Review
- Wealthy Affiliate Review
- Super Affiliate System Review
- 12 Minute Affiliate Review
- Commission Hero Review
- Perpetual Income 365 Review
- Legendary Marketer Review
- Passive Income Geek Review
- Income School Project 24 Review
- Affilorama Review
- Authority Hacker Review
- Click Wealth System Review
- Affiliate Secrets Review