I started learning about affiliate marketing several years ago. I had purchased a digital product in the form of an e-book from eBay. It seemed like a good business case right away, since the sales were automated and the product was instantly downloadable. I looked to do the same and created some of my own ebooks to sell online. However, I struggled for various reasons.
But the idea of an automated trading system never went away. I continued to research the idea and this led me to the affiliate marketing business model.
Affiliate marketing is a form of referral-based marketing that rewards the affiliate for a sale made on someone else’s website. Anyone can learn how to become an affiliate marketer. What drew me to affiliate marketing was the potential to work for myself from my laptop, without the need to handle products or even speak to any customers!
It was also the sheer scale of the potential to earn revenue from digital sales around the world.
In the first instance, after creating an ebook myself, I couldn’t get anyone to see my content. I figured people would just buy from a website once I launched it into the ‘cyberspace’ of the internet world. I suspect many people make this same incorrect assumption.
The truth was a bit hard to bear after a series of failed attempts to promote digital products online. However, my first success came after I sold a website builder I had used. I created a free blog from a site called hubpages.com. I wrote about the product and created a product review. This is a simple strategy that many affiliate marketers use to make money online. It works if they can get their content seen by the right audience.
However, my first sale only made me $40, but at the time it was huge for me. It was a breakthrough that encouraged me to keep going. For me, it wasn’t just $40. It was the future of my earning potential and the ability to earn from the internet without a boss or crummy job; something I was desperate to avoid having to do!
It wasn’t long after I made my initial sale. I went from one strategy to another and got distracted by shiny objects that promised more money for less work! It wasn’t until I discovered high-cost affiliate programs that things really picked up speed for me.
Within a few months of joining a high ticket program, I was able to make two high ticket sales after advertising on Facebook. It was absolutely amazing and I thought I had done it! However, I rested on my laurels and, since I did not have a stable income at that time, I took out the money, without even thinking about continuing marketing.
After that, I spent all my time focused on content marketing for a while. Content marketing is a pretty slow strategy, but I got some results. However, it was much, much slower than the paid marketing I had done before.
Until I gained a little more confidence in what I was doing, I didn’t invest more money in paid marketing strategies. When I finally did, I had another great success. High cost programs can earn you large commissions, depending on how you position yourself in a trading system. Products valued at more than $20,000 can earn you 40% commissions on a single sale.
I had a variety of these products inside my sales funnel, but I didn’t have the right mindset or knowledge to trust the journey I was on! I was too afraid to spend money on advertising for quite some time. When this changed, so did my business, dramatically for the better.
The power of subscription products suddenly came to my mind as well. Although I had this sales funnel, I didn’t understand it for a long time. It is “targeted” to pay you in multiple ways. Subscriptions are just one strategy that can pay you over and over again for work done before.
With subscription products, you sell something once and it earns you an income, potentially for life. Even a small subscription commission month after month can be much better than the occasional sale here and there of a much more valuable product. Over time, as your number of memberships increases, so does your income.
Multi-level sales are another feature of the best high-cost affiliate programs. With various levels, you can earn commissions based on the sales of your referrals. This means that if you sell membership products of a certain trading system, your members’ sales count as your own and you get a percentage of the commission.
Upsells are another component of a good high ticket sales funnel. A good sales funnel will have a range of products for which you can earn commissions. You don’t need to sell each product personally because an inside sales team will do it for you. Just refer people to your sales funnel and let the funnel do the work.
As an affiliate marketer, your main focus is marketing. With the right business model, you can earn in multiple ways by referring customers to useful products and services that will be valuable to them.
My journey to find the high cost affiliate programs was long and filled with many failures! I tried to sell lower value products in a variety of different ways. I used organic content marketing strategies and paid strategies to market products. But it wasn’t until I figured out the right business model that things changed for me.
With a good business model you can have more confidence in your marketing strategies. With the right training and mindset, you can accomplish much more in a shorter amount of time.
So if you want to be an affiliate marketer I would recommend looking into high cost affiliate marketing. It’s still a business, and like any business, it takes a lot of work and motivation to keep going and make it work. But it takes the same amount of work to fail many times if you look in the wrong direction from the start!
