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.

Keith

P.S Keep it simple, make monthly passive income and LARGE, one off commissions with this..