To be successful with affiliate marketing, you need to choose the right products to promote. You don’t want to waste your time and money (if you run ads) marketing products that pay a low commission and your target market doesn’t really want to buy.
Commission percentage
There are many companies with affiliate programs. But not everyone pays the same commission levels. Before you start promoting a product, look at how much commission they will pay you per sale. Keep an eye on recurring revenue. Every time your client pays another month, you will earn an additional commission. As long as they don’t cancel, you’ll keep charging.
Are there Upsells?
An upsell is when the Product Owner offers follow-up products to their referral customer. If there are upsells, back-end products, or one-time offers, it means you can cover the advertising and marketing costs of the original offer, since you’ll maximize your commissions on the other products. Just make sure you get a commission on any additional sales.
The product quality
You can identify this in several ways. The first is to get a free copy or buy it. Next is to check on the sales letter page that your customer will see. If the page isn’t attractive or is very basic, it probably won’t convert as well as a flashier one.
When exploring the product, make sure it’s current and worth the money your prospects will spend. You don’t want to drive a lot of traffic (and maybe even spend money on ads), only to end up with a lot of chargebacks because customers want a refund.
How much demand is there for the product?
There is a classification called severity, which is often seen at ClickBank, one of the leading affiliate marketing companies for digital products. The severity number shows the popularity level of the product. The severity rating must be a minimum of 10 or higher. If it’s over 100, it means there’s a lot of competition to sell this product and you may have a hard time getting noticed.
Member Support Materials
The top affiliate marketing companies typically provide high-quality graphics, banner ads, free content like emails and content articles (which you have to rewrite to make them your own unique content), and more. Find out if they have an affiliate support area or page and make the most of what you find there.
