High Ticket Vs Low Ticket Affiliate Marketing: If you want to become an affiliate marketer, there are many products and services that you can choose from. Experienced affiliate marketers categorize these products based on their prices.
The price of the promoted product is important to the affiliate marketer because the commission they earn is usually a percentage of the selling price of the product.
With this in mind, affiliate marketers tend to classify products that cost less as low-ticket affiliate products and those that are more expensive as high-ticket affiliate products.
High Ticket Affiliate Marketing Vs Low Ticket Affiliate Marketing Explained
As you start out in the affiliate marketing business, you need to decide whether you want to promote inexpensive or expensive items. Most affiliate marketers choose to promote low cost affiliate products because they find it easier to persuade people to buy cheap stuff. However, this also means that you need to sell a lot more items to reach your income goals.
Low Ticket Affiliate Marketing Explained: Let’s say you have a website that promotes small bedroom items. The average price of the products you promote is $5 and you earn 10% commission for each sale you promote.
This means that for every $5-item you sell, you only earn $0.50. If the minimum payout amount is $100, you’ll need to sell 200 $5-items to reach your goal. You would need a massive amount of traffic to make that number of sales in a month.
High ticket affiliate marketing for beginners
High Ticket Affiliate Marketing Explained: High-ticket items, on the other hand, are those that sell for $100 and above. These items are difficult to sell because they require a large financial commitment from the consumer.
However, you only need a few sales of these items to reach your income goals. For example, if you are selling $100-items on your website, and your commission rate is also 10%, then you only need to sell 10 items to earn the minimum payout amount of $100.
It is not wise to decide right now to go for high ticket or low ticket affiliate programs. You will need to consider several factors when making this decision. First, you will need to consider the industry or niche market you want to participate in. After that, you will need to consider the type of content that you enjoy creating.
If your content is related to sports then you cannot expect successful promotion of content related to gadgets and technology. The product you choose should fit seamlessly with the content you create. They should suit the needs of your website visitors.
The types of people who visit your website will depend on the content that you have and the marketing efforts that you make.
The types of offers available in the market will also limit your options for affiliate products. If you’re promoting tangible products, you’ll always have the option of selling Amazon products through the Amazon Associates program.
Most of the products are low ticket at Amazon. Moreover, the commission rate starts from 4% for almost all the categories. This rate is lower in the affiliate marketing industry.
Most people who stick with Amazon do so because of the company’s reputation and trustworthiness. Most of the people who visit your website already know what Amazon is and now you don’t need to upsell the retailer.
On the other hand, if you’re selling a product from an unpopular source, you’ll first need to introduce the retailer, talk about their track record and why your readers should buy from them.
We hope that helps you in selecting high ticket and low ticket affiliate products. With this article of ours it will be easy for you to earn more commission. You’ll Understand Why You Should Promote High Ticket Affiliate Products.
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Q 1. What do you call inexpensive affiliate products?
Ans: Low-Ticket Items.
Q 2. What is one advantage of selling an inexpensive affiliate product?
Ans: It is easy to sell.
Q 3. What is one disadvantage of selling an inexpensive affiliate product?
Ans: You need to make a lot of sales to reach the payment threshold.
Q 4. How do you earn big with this kind of products?
Ans: You need to have high quantity of sales.
Q 5. What do you call expensive affiliate products?
Ans: High-ticket Items.
Q 6. What is one advantage of selling an expensive affiliate product?
Ans: It comes with a lot of freebies.
Q 7. Why is it harder to sell this type of item?
Ans: It requires higher financial commitment for the consumer.
Q 8. What factor should you consider when choosing between inexpensive and expensive affiliate products?
Ans: The need of the consumers.
Q 9. What example of low-ticket market was mentioned in the artical?