Influence sells. That’s modern digital marketing summarized in a nutshell. Marketers have become sharper and find creative ways to promote products in this highly competitive digital environment.
High ticket affiliate marketing is an innovative avenue you can pick and make tons of money from.
However, as less saturated and promising as it is, it requires a certain level of skill, knowledge, and experience to land high ticket commissions.
But don’t worry. This article will explore what is high ticket affiliate marketing and how you can use it to market high-end products using your influence online.
What Is Affiliate Marketing?
Before understanding high ticket affiliate marketing, let's first understand affiliate marketing.
Affiliate marketing means using your content and influence to promote someone else's product. You earn money when someone buys it.
Some programs pay you even if people click, download, or try something for free. Many bloggers and influencers use this to make extra money.
Affiliate marketing is becoming more popular. In 2023, it's worth $17 Billion, and about 16% of Americans buy things through it.
What's High Ticket Affiliate Marketing?
It means you promote expensive items. When someone buys through you, you get a big commission.
How's It Different?
Usually, you'd think selling pricey things takes more effort.
Not really.
Selling an item that costs $5,000-7,000 and gives you 40-50% commission might be easier than selling something for $2,000 that gives you just $20.
That's why it's called high ticket.
Is It Legit?
Yes, it's a real way to make money online. Some think it's a scam or a pyramid scheme. It's not. Some products can give you around $7,000-8,000 just from one sale. Big names like Elementor or Hubspot give big commissions, too.
"Don’t find customers for your products, find products for your customers."
- Seth Godin
Also, expensive products often get fewer returns. Someone spending $4,000 usually knows what they want and has researched it.
On the other hand, a cheap product might get more complaints or returns. People expect more even if they spend less.
How To Start High Ticket Affiliate Marketing?
Step 1: Choose Your Niche:
The best starting point is to find a niche. This should be a topic you're both passionate about and one that offers good earning potential.
Loving what you work on is essential. Because when the going gets tough, this love will help you persevere.
Be cautious about just following trends. While many jump onto what's popular now, those trends can fade quickly. It's like catching a wave – exciting at first, but eventually crashes.
"It’s about you influencing more people by creating content that’s easy to consume."
- Frank Kern
Also, when you invest your energy and resources, you'll want it to count for more than just a brief moment.
Opting for a fleeting trend might offer quick gains, but it won't sustain. When its popularity dwindles, you're left back at square one. Choose wisely and think of the bigger picture.
Step 2: Selecting A High Ticket Affiliate Program
When diving into affiliate marketing, choosing programs that align with your content niche is crucial.
This ensures that the products or services you promote resonate with your audience and feel consistent with your brand and message.
Next, delve into the compensation details. Affiliate programs differ in how they structure their payments. Understand how much commission you'll earn for sales and referrals, and know the specifics before committing.
Lastly, be mindful of the payment schedule. Some affiliate programs might make you wait, sometimes up to 30 days, to receive your earnings.
If you have a business with immediate cash flow needs, such waiting periods might not be ideal.
Always choose a program that complements your financial requirements.
Step 3: Pay Attention to Conversion Rates
Making business choices should always be backed by solid examples or data. Without such evidence, you're essentially shooting in the dark, potentially missing out on success.
So, when considering an affiliate program, check if others are successfully making sales through it.
Choosing a program just because it feels right or interests you isn't enough. Researching and seeing if others are also promoting these programs is essential.
If others are finding success with a program, there's a good chance you can, too. It might be tempting to avoid programs with lots of promoters because of competition fears.
However, remember that a certain level of competition indicates a healthy and potentially profitable market.
Step 4: Select Your High Ticket Affiliate Platform
Choosing the right platform for high ticket affiliate marketing is crucial. This platform will be the foundation for your affiliate journey, linking you to relevant products and services and managing your earnings.
ClickBank
ClickBank.com is a versatile site that offers affiliate products in various niches.
While the signup process is user-friendly, their payment system is a bit slow. Additionally, a part of your earnings goes to the product creator.
Although it might not be my top choice, it's an excellent platform for those just starting out.
Partner Stack
Partner Stack is a recommended option for those interested in the B2B sector.
B2B affiliate marketing usually has a high ticket nature, with commissions reaching up to 50%.
What makes Partner Stack beginner-friendly is its low payout threshold and its partnerships with numerous premium B2B companies.
JVZoo
Specializing mostly in software products and targeting the make-money-online niche, JVZoo is another platform worth considering.
Though their payment schedule might not be the fastest, the platform's overall structure has helped many find suitable affiliate programs and achieve success.
Step 5: Creating Content for High Ticket Affiliate Marketing
Creating content is super important for affiliate marketing. It's how people get to know you online.
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Your content should help your audience by solving their problems. If you give solutions, more people will visit your site.
Over time, as you show your knowledge, people will see you as an expert and trust you more.
"Think about your audience first in affiliate marketing. Build a community, give them useful information, and suggest products that can help them."
- The PennyMatters
Earning trust in the online world is challenging. Having a clear identity, either personal or as a brand, lets your audience know what you're all about.
The better your content, the more people will see you as trustworthy.
And if they trust you, they're more likely to buy the products you recommend.
Kinds of Content for High Ticket Affiliate Marketing:
Your content needs to be in a format your audience likes. Here are some ideas:
Step 6: Set Up Your High Ticket Sales Funnel
A high ticket sales funnel is like a guide. It smoothly leads your potential customer to make a big purchase.
Even though it can be tricky to make, it works wonders when done right.
Think of it this way: you want to help customers decide without pressuring them. This can be hard, but it's possible with the right content, like eBooks or webinars.
And the best part?
Once you have a solid funnel in place, you won’t need to keep convincing people. It'll do the work for you, leading to big sales.
Step 7: Getting Traffic for High Ticket Affiliate Marketing:
You need people to see it once you're putting out great content. Your aim? Get them to click on your affiliate link.
Show them a sneak peek of what you offer, then guide them to the product.
Use SEO, social media, or even paid ads to get more visitors. This will boost the chances of people seeing your content and clicking on your links.
Give It A Shot
I could go on and on about this topic. Each point could be its own article! But before diving deep, you need to start somewhere.
Begin by exploring your niche, finding affiliate programs, and planning your content.
Focus on building your presence and getting people's attention. Don’t stress over affiliate details just yet. First, work on building trust and getting people involved.
Once people trust your recommendations enough to buy, you'll feel it. And when that time comes, jump in with both feet.
We’re here to help and share more about affiliate marketing. Can't wait to see you shine with your dedicated followers!
