What is affiliate marketing?. Affiliate marketing is where you sell someone else’s product for a commission. Now, this can be a physical or digital product. I started off selling Affiliate products and I still do it today, it’s a wonderful way of making money online and it is very simple to start.
SO, what are the advantages of being an affiliate?
1) You don’t have to create products yourself
2) You don’t have to deliver those products
3) Most of the customer service is taken care of
Now, the best affiliate products, in my opinion, are those that fall in to the following categories:
A) Products that deliver residual monthly income (Subscription based products, like membership sites)
B) Big ticket price.
C) Large commissions
If you can get involved with an affiliate marketing system that produces all three, then that is even better.
So let’s look at that in more detail.
If you keep selling $7 products all the time and you are lucky enough to find a product owner who will let you become an affiliate with a 100% commission on that product (Warrior Special Offers are common for 100% commissions), then to make a $1000 a month, you personally have to sell approximately 143 copies a month.
If you choose a product that sells for a $1000, with a 100% commission, you only have to sell one a month. Now, I know what you are going to say here. “It’s a lot easier to sell a $7 product than it is a $1000 product, right”. Of course it is, but the effort required to sell 143 of those $7 products can also be far greater than selling just one $1000 product.
PLUS, if you want to make a $1000 the next month, you have to sell another 143 x $7 products next month.
It doesn’t really make sense to sell low ticket items, UNLESS the customer pays the low price, EVERY month. Here’s an example:
If you sold 143 x $7 monthly memberships, providing no one quit, you would still make your $1000 a month without the effort of selling 143 items a month just to make the same monthly income. Now, you do need to add people every month, to replace people who quit, even the best membership sites out there have high(ish) quit rates. You can of course cut this down by offering members a one off lifetime membership fee.
Affiliate Marketing, So What Would Be An Ideal Situation?.
Finding an affiliate platform that has residual income products isn’t hard. Clickbank is full of them, however in between selling residual income products it would be nice to bank big $500 & $1000 commissions too, paying 100%.
This is not possible on Clickbank, there are limits to the maximum payments per item Clickbank will allow. Finding high ticket products with 100% commissions is very rare, however some affiliate platforms can do this.
In my view you should always buy a product before you sell it. This is the only way to guarantee that you can answer all questions you may be asked about the product, plus you can’t really recommend a product on it’s merits if you haven’t actually seen it yourself.
So, to recap. Choose residual income products, choose one off high ticket, high commission products too. Affiliate Marketing can be very profitable if you find good, high value products that your customers will love and come back for time and time again.
I hope you have enjoyed this article and that it will give you stimulus to get going and make some great commissions online. Please sahre your thoughts below.
So what exactly is the Empower Network and why should you listen to me?.
I am a full time Internet Marketing coach from Broxbourne in Hertfordshire, England and I teach people strategies to make money online. The reason I am able to do this successfully is because, unlike a lot of other Internet Marketers, I learnt things the hard way not just from books.
I have read a lot of books, this is true. I did however only start to make any money at all once I decided to map out my own path and not ot follow what everyone else did. you have to remember, despite what a lot of the Guru’s tell you out there, most people never make a penny online.
Why Empower Network Is Different ?
One of the core principles I install in my students is that if you are going to be an affilaite for a specific product, you must buy it yourself first. This makes good sense as how can you talk confidently about a product to others if you haven’t a clue how it works yourself.
This is one of the “key” things about the success of the Empower Network, people must buy the products first before they can sell them to others.
Another thing I install in my students is to NOT sell products with small commissions and preferably, find products with recurring income. Again the Empower Network offers recurring commissions with a very high 100% on 80% of your sales.
Will Empower Network Last?
Personally, I think it will. I can’t see it going away anytime soon. The company is solid, liquid and is continually growing. The two David’s who run the company seem to have the right vison and I think it will be around for a long time.
People who work hard at the empower opportunity will find themselves reaping the best rewards, as with anything in life, if you don’t work at it, you cant expect to excell at it. I am seeing the benefits already as I’ve laready introduced someone into the system and recieved commission for doing so.
There is a never ending population who are hungry to earn more money. Many people do not know how to start their own business and this is a shame as with opportunities like this, if only people could see the vision and invest some time and money into themselves, more people would succeed online.
I’ve made so many mistakes online, I really should release a book called the “Top 20 Mistakes You Can Make To Go Broke”.. but I don’t think it would sell very well. I am impressed with the Empower setup, it is very professional and we all have a great opportunity to make money here.
We also have a great opportunity to present the Empower Network to our friends and colleagues as you can really help them in their quest for a better life.