Wondering What Is High Ticket Affiliate Marketing?
What does big ticket affiliate programs mean?
What should you know?
Keep reading as we have gathered exactly the information that you need!
Let’s dig into our passive income and affiliate marketing knowledge!
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What Is High Ticket Affiliate Marketing
To answer the question what is high ticket affiliate marketing, we must first get the basics out of the way and define affiliate marketing.
Affiliate Marketing
Affiliate marketing is the process where a person (the affiliate) promotes the products and services of another company (the affiliate products) and earns a commission whenever the affiliate products are sold through the marketing efforts of the affiliate.
Generally, the affiliate will use an “affiliate link” to refer leads to a company who will then track all the sales that were recorded by visitors coming from that affiliate link.
Affiliate marketing is a great way to earn passive income.
If you have the skills, abilities, and motivation to work hard and promote good and valuable products to your audience, you can earn a substantial amount of money as an affiliate marketer.
High Ticket Items
Now, what do you mean by “high ticket” affiliate marketing?
High ticket affiliate marketing is to market and promote products and services offering high commissions or large payouts.
Typically, digital products, like e-books, software, or online courses tend to offer affiliates with more commission than physical products and services due to their low cost in scaling their sales.
For instance, a company or person who creates an online course will incur costs to create the course and to host it online.
However, once the course is available for consumption, whether ten people or a thousand people register will not result in that much additional cost to the company.
For this reason, online courses and digital products tend to have higher commission rates than other types of affiliate products.
Here are some other areas where you can expect to get high payouts:
- Marketing tools
- Ecommerce shop builders
- Website builders
- Entertainment subscription
- Digital tools
- Luxury products
- Personal finance programs
Factors To Consider
Assessing if an affiliate program offers high payouts or high commissions will depend on several factors.
The first factor you’ll need to consider is the vertical to which the affiliate program belongs.
Some verticals tend to pay more than others.
For example, if you look into the digital products and services segment, you are more likely to find high payout affiliate marketing programs.
Manufacturers of digital products incur costs to develop their product but it will not cost them anything to ship it to their users, or it may not cost as much to maintain their products.
You can also look at the personal finance and luxury goods verticals that tend of offer great commissions.
You can promote luxury high ticket affiliate products, crypto, precious metals, IRAs, retirement plans, insurance, and more.
The second factor to consider is the commission structure of the affiliate program along with its cookie policy.
Some affiliate programs pay lower commissions but on a recurring basis (which is great), others pay a one-time commission but a much higher one.
Also, depending on the affiliate program’s cookie policy, you may get commissions for future purchases as well, which is something that you can’t refuse of course!
Recurring Commission
If you do your homework and find the big ticket affiliate programs, you can not only receive a high amount of commission for the sales you help generate but you may receive commissions on a recurring basis.
If you sell a product as part of a high ticket affiliate program, you are likely to receive a one-time commission as your lead performs one transaction and it’s the end of the story.
However, if you are a high ticket affiliate of a product or service sold on a subscription basis, you are likely to earn a commission when the buyer first signs up and continues receiving a commission every time the subscription service is renewed.
For example, you may find recurring commissions by selling products like:
- Hosting services
- Trading software
- SEO tools
- Health insurance products
- Phone plans
As an affiliate marketer, high paying affiliate programs that provide you with recurring commissions can be highly profitable as you may earn a commission for a few months but you can also earn a commission for years.
Low Ticket Affiliate Marketing
What is the difference between high ticket affiliate marketing and low ticket affiliate marketing?
Essentially, if you are selling high ticket affiliate products, you are selling products and services offering high commissions or more revenues to the affiliate marketer.
On the other hand, low ticket affiliate marketing is to sell and promote products and services destined to be sold to the masses.
Typically, we are looking at low-priced physical products intended to be sold by volume.
Since the price point of the physical products are low, since the company’s profit margins are low, they will not have the ability to pay out affiliate marketing commissions as much as high ticket affiliate marketing programs.
Making Money With High Dollar Affiliate Programs
It sounds great to make money by promoting someone else’s product and cashing in the money.
However, this is not a type of business where you get in for a few months, do some work, and walk away with a pile of cash.
To make money with affiliate marketing high ticket items, you need to work hard, you need to be patient, and you need to beat all the millions of other competitors out there (unfortunately, you are not the only one dreaming big!).
My blog here is fully dedicated to the notion of passive income.
Passive income is my passion and I want to share with you all my experience, knowledge, and techniques in helping you make money.
Here are some tips I can give you for you to make it by selling high priced affiliate products:
- Find a niche segment to focus your energy
- See how competitive the niche may be (you can use SEO tools to get better insights and data on what people are searching online, search volumes, and more)
- Find the best high ticket affiliate programs that have a close connection with your niche
- Build yourself a great website, start a blog, create a YouTube Channel or find another way to generate traffic
- Write great content to your audience and help them solve their problem
- Include an affiliate link in your blog post, landing page, video, or content
- Cash in your profits!
If you want to make money with high affiliate programs, your best strategy would be to stay in an area or niche that you personally have an interest in (like you have an expertise or you do as a hobby).
There are also lots of great tools out there to help you in the process like SEO tools, keyword research tools, email marketing tools, and so on.
Meaning Of High Ticket Affiliate Marketing Takeaways
So, What Is High Ticket Affiliate Marketing?
Let’s look at a summary of our findings.
What Does High Ticket Affiliate Marketing Mean
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