So why bother promoting low priced product in affiliate marketing?
If you are new to affiliate marketing and you don’t have a huge number of regular visitors to your website then you would probably want to promote “lower cost” items. This would normally be e-books or audio information. Each of these are the lowest priced merchandise which you’ll probably choose to promote.
With a sale value of $5 to $50, this would mean you may be receiving $2.50 to $25.00 per sale – and that’s assuming that the commision paid to you is 50%.
Promoting these products won’t make you rich, but it does provide you a few dollars now and again to keep you going.
Most affiliate marketers DO NOT make money!
In fact, whem you take into account all the associated costs involve, they LOOSE money! So if you’re making a small amount of money selling low cost products, then you are ahead of the game. Now don’t let this put you off. There is an incedible amount of money to be made as an affiliate marketer but you have to work at it. It does take time and making small amounts of money promoting low-cost products is definately a place to start.
However, if you’re a skilled affiliate marketer and you have a lot of visitors to your website then you probably can expect to earn a great deal of money even by selling low priced products especially if they are recurring purchases. ie. Body Building Food Suppliments or Monthly subscriptions to a website or service.
If the product is interesting to your visitors and the price is acceptable, then it isn’t an issue.
For instance, in the event you can promote/sell 100 products per month, then your month-to-month earnings will probably be $250 to $2,5000.00. This quantity could be increased if you’re promoting a few different products to your vistitors.
Small affiliate marketers shouldn’t concentrate solely on the low priced merchandise to promote. Such affiliate marketers ought to select new products/services having a higher value. For instance, if the product value is $1,000 and your month-to-month sale is 10 products then you’re getting $5,000 per month. This shows that far fewer well-targeted vistiors are required to make a significant increase to your monthly income.
Combine your website with an e-mail list and you can move your marketing up to another level.
However to promote these high ticket items often requires some additional effort.
- Providing free reviews or e-newsletter or other helpful information on your website
- Banner advertising on your website.
- Use your email list to promote both the link to your website information and your affiliate link for the offer.
The vendors, who are manufacturing low priced merchandise, normally don’t provide additional advantages like a a money-back guarantee, free set up, technical help and free upkeep and so on. That is another reason to promote fewer low priced products.
But, especially when you’re just starting out, you’ll tend to concentrate on the low-cost products as these are usually easier to get affiliate approval to promote.
As a conclusion, I wouldl say that normally choosing a low priced product for affiliate marketing will not be a great money-earner for you, since you are required to make many affiliate sales simply to generate a reasonable income. But as your website audience and e-mail list grows, those low-cost offers can quickly be augmented with the higher ticket items.
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