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Promoting Low Priced Products in Affiliate Marketing If you are new in the field of affiliate marketing and your website traffic is not very large, then you cannot make more sales. If you are promoting the products that are low priced, then your monthly income will be very low. Usually the e-books and audio files are one of the lowest priced products which you may decide to sell. The usual sale price of these items is less than $100. This means for every sale, you will be receiving about $20 if the sale commission is 20%. In order to generate some reasonable revenue, many sales will be needed. But it is not possible in case of new websites where traffic is not very large.
November 23, 2016
Promoting Low Priced Products in Affiliate Marketing
If you are new in the field of affiliate marketing and your website traffic is not very large, then you cannot make more sales. If you are promoting the products that are low priced, then your monthly income will be very low. Usually the e-books and audio files are one of the lowest priced products which you may decide to sell. The usual sale price of these items is less than $100. This means for every sale, you will be receiving about $20 if the sale commission is 20%. In order to generate some reasonable revenue, many sales will be needed. But it is not possible in case of new websites where traffic is not very large.
On the other hand if you are an experienced affiliate marketer and your website traffic is really large then you can expect to earn a good amount even by promoting low priced products. If the products are hot and your traffic is large, then it is not a problem. For example, if you can sell 100 products, then your monthly income will be $2000 at the rate of 20% sales commission. This amount can be increased if you are promoting more than one product.
Small affiliate marketers should not choose the low priced products to promote. Such affiliate marketers should choose the hot product having a good price. For example, if the product price is $1000 and your monthly sale is 10 products then you are getting $2000 per month at the rate of 20% sales commission. It means that less traffic and sales may reward you more, if you are promoting the high priced products.
But to sell the high priced products requires some extra efforts. Offer some free reports or newsletter or some other useful stuff on your website and store the email addresses of your website visitors. Your offer should be so effective that most of the visitors should give you their email address to take your offer. Now use these email addresses to start your ad campaign. This will result in more traffic to your website. The companies that are making high priced products usually offer the free installations, free maintenance and other benefits to their customers. Study these services in detail and advertise them. Tell your visitors that they will receive the technical assistance after they purchase the product. There may be some other offers like a money back guarantee. Talk to your merchant and get the full details. Then inform your users using your website pages, newsletters and emails. These steps will surely increase your website traffic and number of sales.
The merchants, who are manufacturing low priced products, usually don’t offer extra benefits like a money back guarantee, free installation, technical assistance and free maintenance etc. This is another reason of fewer sales of low priced products.
But if you can find some merchants who are offering these extra services with their low priced products, you can choose to promote their product. But also choose some high priced hot products too. Try to sell them both.
As a conclusion, we can say that usually selecting a low priced product for affiliate marketing is not a good decision, because you are required to make many sales to get generate a good income. But if your website traffic is very large then you can select the low priced products, because you can expect more sales. Selecting a well priced product and starting a good advertisement campaign usually gives better results.
Designing Your Website for Affiliate Marketing
If you want to start marketing as an affiliate then you need to have your own website. This is the main requirement to start your online business. Your website does not have to be loaded with graphics, but it does need to be informative, simple and professional.
To make your website you will need to do three things. Purchase a domain name, purchase the hosting service and design your website to upload to your hosting server. While purchasing the domain name, try to get a name that contains the main keywords of your website. Or you may simply choose a name that you like.
While selecting your hosting company, look for reliability. Hosting companies will be responsible for the storage of your files and to keep your website up and running. Godaddy.com is a well known, reliable hosting company.
How should your website be designed?
Hire a Designer
You can hire a web designer to do this design work for you. Just ask him to make the site professional looking and clean. The easiest way to hire a designer is to use an auction website like RentACoder.com or ODESK.com. Simply type a description of your project and designers will enter their bids. You will receive many bids from different designers. Check the portfolio and rate of each designer. Select the one which is best for your work and award him your project. After getting your website you can pay him through the auction website.
Use a Free Template
If you don’t want to invest to do the designing then you can get some free templates. There are many websites on the internet that are offering free website templates. Just visit these sites and choose the template that you like. Fill in the template with you own content and upload it on your server.
Use Site Builder Tools
Another choice is to use the site builder tools. You can use “dreamweaver” and “frontpage” to make your website yourself.
Characteristics of a Good Website
Simple and Professional
Your website is meant for business, so it must look professional. It should not be over loaded with heavy graphics and lots of flashy banners. Simplicity is best. Try to use light colors. Make a nice header to show your company name and theme. The site navigation must be simple and easy. People should not have any difficulty in searching for a specific page or information; otherwise they will not re-visit your website.
Provide Search Facility
Your website should have a search box on every page to search your website. This will be a great help for the visitors that want to search for a specific product or information on your website.
Build Your Mailing List
Some affiliate programs offer you a website to promote their business. This is the ready made solution. But in this case you cannot build your mailing list. Always try to get your own website where you can easily build your mailing list to promote your business.
Your own website is the key requirement for affiliate marketing. The overall look and feel of your website should be attractive and the site must provide the information for which people are looking for. Provide easy navigation and search facilities to make it user friendly.