Many people decide to promote low cost products when it comes to affiliate marketing, because they think it will be easier to make a sale. The problem is if you are new to affiliate marketing, and your website is fairly new, then you will have a problem making enough sales to make it worth your while. For example, lets say that you are promoting a product that sells for $100, and you are earning a 20% commission on each sale. That means that for every sale you generate for the product owner, you are going to receive $20. But if you are new to affiliate marketing you probably don’t have enough traffic to your site to be able to earn a substantial income promoting those products.
On the flip side, if you have been in affiliate marketing for quite a while then you may have enough traffic to your site to make promoting a product like that worthwhile. If you can sell 100 of those products every month, you will be earning $2,000 every month. Which is a nice little chunk of change, and it is even better if you are promoting even more than 1 product.
When it comes to new affiliate marketers, they really should focus more on higher priced products. Lets take a look at it this way, lets say you are new to affiliate marketing and you just built your first website. You are getting a little bit of traffic, enough to generate about 10 sales every month. Now if you earn $20 per sale that is only $200 per month, but if you are promoting a product that sells for $1,000 and you are earning 20% commissions, then you would be earning $2,000 a month, by promoting high ticket items.
Of course selling those high ticket items requires a lot of extra work. You may need to give out some free items or some other way to get these people to purchase from your website. What ever you are going to offer these people for free, you need to make sure that it is valuable enough for people to give you there email address. Then you can use the email addresses you collect to begin a email marketing campaign.
This helps push individuals back to your site once again, and can additionally provide you with the option to try and re-sell the item once again to the same shoppers. You will have to get in touch with the owner of the item and acquire every detail to help you explain all sorts of things to any potential prospects. Also find out if you have a cash back guarantee, that can help make your buyers feel a lot more comfortable with the purchase of these products. Adhering to these steps can help bring you a lot more visitors for your website and also ideally increase profits.
People who are creating low priced items will not normally offer a money back guarantee or any type of technical assistance. This is another reason that low priced products normally has fewer sales.
Now the 2nd option is to locate both high in price and inexpensive products to market from the same web page. By doing this it will be possible to make the most of both kinds of items and also make product sales to the people that don’t want to spend to much cash on no matter what kind of items your marketing.
Choosing the right priced products to promote can actually be a difficult choice. Obviously the higher the price of the product the more money you will make in commissions, but some people may not have as much money to invest as others and they may prefer the lower cost products, even if they don’t come with a money back guarantee. So if possible promote both types of products.