Do you Want to make big money from Affiliate Marketing? So, here’s the right platform where you will learn some ways to make big money from Affiliate Marketing.
All the information provided in this article is based on my past 7 years of affiliate marketing experience and the advanced things that I learned in my last 7 years of affiliate marketing.
I am damn sure that after you will learn a lot of things to make money from affiliate marketing. So, let’s get started.
What is Affiliate Marketing?
Affiliate marketing is selling someone else’s product for a commission. Now it can be a physical or a digital product. I started by selling affiliate products and still do today, it’s a wonderful way to make money online and it’s very easy to get started.
So, what are the advantages of being an affiliate?
- You don’t have to create products yourself
- You are not obligated to deliver these products
- Most customer service is supported
Key-terms to know about Affiliate Marketing
- PPC (Pay per Click): The money that is paid per click on your ad.
- PPL (Pay per Lead): The money that is paid by the visitor or user provides his contact information on the advertiser’s website.
- PPS (Pay per Sale): The amount which is paid to you in every sale you made through your affiliate plan.
Now the best affiliate products, in my opinion, are the ones that fall into the following categories:
A) Products that generate residual monthly income (subscription-based products, like membership sites)
B) Grand ticket price.
C) Important commissions
If you can get involved in an affiliate marketing system that produces all three, even better.
So let’s look at this in more detail.
If you keep selling $ 7 products all the time and are lucky enough to find a product owner who will allow you to become an affiliate with 100% commission on that product (Warrior specials are common for 100% commissions), then making a $ 1000 per month, you must personally sell about 143 copies per month.
If you choose a product that sells for $ 1000, with a 100% commission, you only have to sell one per month. Now I know what you are going to say here. “It’s a lot easier to sell a $ 7 product than a $ 1,000 product, no.”
Of course, it does, but the effort required to sell 143 of those products for $ 7 can also be much greater than selling a single product for $ 1,000.
PLUS, if you want to make $ 1000 next month, you have to sell an additional 143 x $ 7 next month.
It doesn’t really make sense to sell items at a low price UNLESS the customer pays the low price, EVERY month. Here is an example:
If you sold 143 x $ 7 monthly subscriptions without anyone leaving, you would still be making your $ 1000 per month without the effort of selling 143 items per month just to earn the same monthly income.
Now you have to add people every month, to replace people leaving, even the best membership sites out there have high (ish) drop rates. You can of course reduce this by offering members a one-time membership fee.
Affiliate Marketing, then what would be an ideal situation?
Finding an affiliate platform that offers residual income products is not difficult. Clickbank is full of them, but between selling residual income products, it would be nice to collect big commissions of $ 500 and $ 1000 as well, paying 100%.
This is not possible at Clickbank, there are limits to the maximum payouts per item that Clickbank will allow. Finding high-priced products with 100% commissions is very rare, but some affiliate platforms can.
In my opinion, you should always buy a product before you sell it. This is the only way to ensure that you can answer any questions you may be asked about the product. Plus, you can’t really recommend a product on its merits if you haven’t seen it yourself.
So, to recap. Choose residual income products, choose high commission and high commission products. Affiliate marketing can be very profitable if you find good, high-value products that your customers will love and come back to time and time again.
I hope you enjoyed this article and that it will stimulate you to get started and make great online orders. Please share your thoughts below.
How much money can you really make from affiliate marketing?
When we talk about the amount of money you can really make from affiliate marketing. So, we would like to tell you that there is no limit to your earnings through affiliate marketing. You can earn as much as you want. Many affiliate marketers are earning more than $150,000/month.
What is the highest paying affiliate program?
There are several high-paying affiliate programs but the top five highest-paying affiliate programs are:
Can affiliate marketing make me millionaire?
Of Course, You can become a millionaire from affiliate marketing, but for reaching this target you need to work a lot and have to learn for years.