High Ticket Affiliate Marketing is an affiliate marketing technique where the products you select have a higher price.
If you aren’t sure what affiliate marketing is, please check out our affiliate marketing for beginner’s guide to decide whether this is an online business strategy you want to use. Many established online businesses, such as online course creators then choose to co-promote other expert courses. This is a way to increase your income, without having to spend further time developing products.
High ticket products are higher-priced products ($500 plus as a rough guide). The higher prices generally mean you can earn a high commission which in turn means more income (in theory). Sound good? Read on.
As an online business owner, earning money for your efforts is important.
Consider if you sell 100 products for $10 each and earn $1000. That’s 100 customers that you need to look after.
If you sell 1 product for $1,000 then that’s 1 customer to look after. That means you can spend more time looking after and following up with that customer to ensure they are happy.
Commissions will vary a lot. As always with affiliate marketing and online business, we suggest what products you recommend are ones you are confident will make your customers happy and meet their needs / wants.
How do you find high ticket affiliate marketing products?
There’s a number of ways to do this, the simplest is to use Google and include the words ‘affiliate program’ in your search.
Digital products that are high value, for example, mastermind courses are often priced high to allow for commission. Search for programs offered by leaders in your area of specialty and check the footer of their websites for an affiliate program.
There are also travel affiliate programs, luxury goods affiliate programs, and more specialties you can research and check out for yourself.
How to promote high ticket affiliate products?
You can promote high ticket affiliate products in a number of ways. The most common are writing blog posts, video reviews and promoting to your audience through email marketing and social media.
Every affiliate program will give you a unique link that allows them to track visits and sales that have come from your link. There is also usually an affiliate dashboard where you can track results. There’s a number of other ways to do this such as tracking link clinks on your website, so you can double-check what’s reported.
Benefits of high ticket affiliate programs
1. Higher commission for each conversion: High-ticket products typically have a higher price, but every purchase means a higher commission for you compared to lower priced items.
2. Gives you a larger budget for marketing: Because you earn more from a conversion, there’s more money for other activities which help you to grow your online business. These activities include lead generation and marketing.
3. Allows you to fine-tune your conversion techniques: If you apply your focus to just a few high-ticket items you can optimise your content, advertising, social media, and email marketing to get better results.
How to be successful at affiliate marketing
Successful affiliate marketers don’t waste time dabbling and dipping their toe’s into things. They maintain deep focus and remain consistent over a long period. – Bengu
Check out this great article detailing a lot more information about the world of affiliate marketing.