As an affiliate marketer, one of the most important things you ...
The push toward financial freedom has never been stronger than it is now in 2022. Millions of people around the world are seeking out passive income as a way for them to elevate their status in their spare time. There are many ways to do so between freelancing, selling artwork or services, and perhaps most interestingly through affiliate marketing.
If you want to access your highest potential and invest in yourself, considering affiliate marketing is a great first step. As a beginner, there will be a lot to learn about the world of high-ticket affiliate marketing, but not to worry, this guide will cover all that you need to know!
Let’s dive into this up-to-date course on how to start making passive income through affiliate marketing in 2022.
What is High Ticket Affiliate Marketing?
A subset of affiliate marketing, high ticket affiliate marketing is affiliate marketing but with a higher price tag. The idea here is that you will earn more profits from commission-based affiliate marketing because the product that you are selling is inherently more valuable. This type of affiliate marketing is very popular for those who have less available time.
Like the name suggests, using this tactic to help bring in some passive income can be extremely successful for you. You may be able to start seeing a return on the extra time that you are spending online fairly quickly.
By focusing your time on fewer, higher value sales, you can easily earn more bang for your buck. When we are discussing high-ticket, we are referring to products that will range between $500 and beyond in value.
How Much Money Can You Make?
Engaging in this kind of affiliate marketing can help you to gain considerable profits for a lesser amount of work. Some affiliate marketing platforms will pay you anywhere between $50 to $500 per new sale depending on the value of the item.
As well, you might find yourself branching out into other types of affiliate marketing in order to diversify. Either way, the earning potential is huge through affiliate marketing as long as you have the brand image to back it up.
Keep in mind that affiliate marketing may not bring you a consistent paycheck and you shouldn’t exactly quit your day job. At least not at first. With dedication and commitment, high ticket affiliate marketing may be able to net you more than you make at your 9-5 job.
Why Should You Consider High Ticket Affiliate Marketing?
There are many types of people that can benefit from starting to sell products through affiliate links and affiliate programs. If you are an extremely busy person who is looking for a passive income stream that can keep earning you money, this may be for you. As well, a dedicated blogger can very easily monetize their existing products through this way.
Affiliate marketing, especially with high value items, can be a way for you to feel in control of your new income stream. Many people who make money through marketing high ticket items feel like they are business owners with all the perks and none of the negatives.
There are no inventory requirements, no physical store location that you need, and no frustrating customers that you will have to deal with.
How Do You Start?
In order to start affiliate marketing, you need an audience. Whether this is a blog or a social media account, in order to make sales you need to have people that view your content. If you don’t currently have a presence online, this may be discouraging, but not to worry. Your pathway to becoming successful with using affiliate links is fairly straightforward.
By building a clear and recognizable brand, your first goal will be to establish trust with your audience. Trust is the key to creating relationships that result in sales. If you are going to properly market products to an audience, they must trust that you are not recommending junk to them.
This is something else that you should keep in mind when you are starting with higher value affiliate marketing. Let’s discuss what to avoid while adding affiliate links to your blog, website, or social media posts.
What Not to Do When Selling Products as an Affiliate
While making sales focuses on promoting trust, you should also be actively focused on avoiding things that will make you seem untrustworthy to your audience. Choosing to promote sketchy or scammy businesses can ruin your chance at securing other sales on high value items.
So, even though you should try to diversify the affiliate deals that you take, you should be extremely picky with the products that you are going to sell. For example, let’s consider that the big affiliate deal that you have is for a very expensive piece of jewelry that will net you $300 per sale. If you post a sketchy quick weight loss product from a brand that you haven’t researched, you may jeopardize your chances of securing sales on that jewelry product.
Why is that? Well, the answer is fairly simple actually. Promoting a product that is untrustworthy will also call into question all of the other products that you promote. People may question whether or not the expensive jewelry that you are promoting is actually the real deal once you’ve violated their trust.
Calling the validity of your high value items into question is a surefire way to doom the success of your affiliate income from these products.
What are Some Recommended Programs?
1. Amazon Affiliate Program
While nearly everyone knows what Amazon is, not many people realize that Amazon is the most popular affiliate program for online marketers. Signing up to be an affiliate through Amazon is extremely easy and is a nice way for you to add links into posts and recommendations that you may already be making for free.
If you are posting on social media about health and wellness, you may find yourself recommending your very own blender that you use on a day-to-day basis to make healthy smoothies. Instead of just adding a link to the Amazon product, you can include an Amazon affiliate link that will pay you for making this recommendation.
This is a great way to seek return for things you may already be doing as a person who uses social media. To make this higher value, you might want to consider only promoting products through Amazon affiliate links that are high in cost, such as electronics, high end clothing, or new household product upgrades.
Keep in mind that Amazon does not provide the best returns for affiliates, but it is a great place to start!
2. Shopify Affiliate Program
Shopify is considered the best high value affiliate program, however there are more requirements to their affiliate program than others. In order to be an affiliate with Shopify, you must own and run your own website, have an audience that is engaged, and create some sort of online original content.
That is to say that Shopify wants established affiliate marketers to join their affiliate program. However, the payout for Shopify is extremely good and you can earn 200% commission through Shopify. So, their requirements are nothing to scoff at!
You may just find that jumping through these hoops can be incredibly lucrative and well worth the work. With such an offer, you can really rake in the cash from their prices which range from roughly $30 to $300 a month, you can earn up to around $600 per referral!
Conclusion and Takeaway
Now that you know all about the ins and outs of becoming an affiliate that focuses on higher value items, will you take the leap and start adding high price items to your posts? The benefits and income are out there to be taken advantage of, so why not?
We hope that you found this beginner’s guide incredibly helpful in preparing you to start making more steps toward financial freedom. Will you diversify your income by adding high price affiliate marketing to your to-do list?