02 Nov 16 12:48 pm
Why high-paying affiliate programs is the way to progress
Even this post may contradict what I posted previously about Transformers as my personal interest and achievement, I still want to mention this.
I first learn of the words high paying affiliate programs and high ticket offers from another internet marketer who started the same time as me.
His name is Matt Lloyd and he is the founder of a company and online marketplace called MOBE.
I joined that membership in 2014 but only started to go through the videos in 2015 and 2016.
And here is what I learn.
Suppose if your goal is to make $5000 a month and you are promoting a $27 e-book and video course, let me ask you.
How many customers do you need to make that $5000?
Now I am not good in Mathes.
But if you do your calculations, it is about 185-200 customers.
Even with the upsell - assuming that some of your subscribers buys, the most you can earn up to is about $200-300 USD.
Having promoted many affiliate offers and understood the common price points of a sales funnel, I have a better understand of the ROI you can make.
Now even if you make $200-300 USD, you still have to find 20-30 more customers to make that $5K.
Not to mention other relevant affiliate programs to make up that shortfall
But if you are promoting a product or program in which people are willing to pay $1K to even $10K, all you need is just 1-2 sales to achieve your goal faster and easier.
Though I do agree with Matt Lloyd on this, I also came to realize that what he is talking about is in the internet marketing niche.
What about non-internet marketing niches?
Are there products which people are happy to spend $1-10K and more?
I am not just talking about digital products.
But physical products as well.
In anticipation of Thanksgiving, Black Friday, Cyber Monday, Christmas and New Year gifts towards the end of 2016.
Checking out my free course Affiliate Compass whereby I will reveal everything I know about affiliate marketing