If you’re new to affiliate marketing and your website traffic isn’t very big, you won’t be able to sell more. If you promote low-priced products, your monthly revenue is going to be very low.
E-books and audio files are usually one of the smallest priced products you can sell. These items ‘ normal selling price is less than $100. This implies you will receive about $20 for every purchase if the sales commission is 20%. A lot of sales will be required to produce some decent income. But in the case of new websites where traffic is not very large, this is not possible.
On the other side, if you are an experienced affiliate marketer and your website traffic is really big, then even promoting low-priced products can be expected to gain a decent quantity.
If the products are warm and your traffic is big, it’s not an issue.
For instance, if you can sell 100 products, your monthly revenue will be $2000 at a sales commission rate of 20 percent. If you promote more than one item, this quantity can be boosted.
Marketers of small affiliates should not choose to encourage low-priced products. Such affiliate marketers should select a good price for the hot product.
For example, if the product price is $1000 and your monthly sale is 10 products, then you get $2000 per month at the rate of sales commission of 20 percent. It implies that if you promote high-priced products, less traffic and sales can reward you more.
But it takes some additional effort to sell the high-priced products.
Provide some free reports or newsletters or other helpful items on your website and store your website visitors ‘ email addresses. Your offer should be so efficient that in order to take your offer, most tourists should give you their email address. Now use your ad campaign with these email addresses. This will make your website more traffic. Companies that make high-priced products generally provide their clients with free facilities, free maintenance and other advantages.
Study and publicize these facilities in detail. Tell your tourists that after purchasing the item, they will receive technical help. Some other offers, such as a cash back guarantee, may exist. Talk to your dealer and get all the information. Use your website pages, newsletters, and emails to tell your customers. Surely these measures will boost the traffic and amount of sales on your website.
Merchants who manufacture low-priced products do not generally give additional advantages such as money-back guarantee, free installation, technical aid and free maintenance etc. This is another reason why low-priced products are less sold.
But if with their low-priced products you can find some merchants who offer these extra services, you can choose to promote their product. But choose some high-priced hot products as well. Try selling both of them.
To conclude, we can say that generally choosing a low-priced product for affiliate marketing is not a good choice, because you need to create a lot of sales to get a good revenue generated. But if your website traffic is very big then you can pick low-priced products because more sales can be expected. Usually better outcomes are obtained by selecting a well-priced item and beginning a good advertising campaign.