The best hands off franchise is an online business model which combines affiliate marketing and online training. Many people are looking to earn an income online in some way.
The best way to earn online is to partner with a company which already offers this kind of service, and which pays you for referrals to its products. It’s a hands off franchise in that once you have learned how to refer customers to it, and automate the process, you can earn an income from work done previously.
This kind of business is semi hands-off because you do need to build your business system and learn how to promote it using online marketing tactics. Training and coaching is provided together with an online business system which offers multiple earning strategies. Here’s how it works.
Best Hands Off Franchise – How It Works
The SFM Digital Business System is a fully re-sellable online business system and training program. You can earn money in several ways through the promotion of the system itself, or use the training and support to build an online business using any other strategy.
The training also offers support in other online business models such as direct selling, import export, and drop shipping etc. But if you decide to become an affiliate and promote this online business system yourself, here’s how you can earn from it:
- Re-selling digital training courses can pay you one off commissions. Products range from $99 to over $20,000 and you can earn from 30%-100% on certain products, according to your investment level.
- You can also earn subscription commissions. Subscription commissions pay you over and over from previous sales you have made.
Best Hands Off Franchise – Building A Hands Free Online Business
To create a fully hands off online business you need:
- A digital product range (see above for free workshop series)
- An autoresponder – see free autoresponder for affiliate marketing
- Use of a marketing platform – paid marketing platforms such as Facebook, Adwords, YouTube etc.
- Training and support – access workshop series here.
By sending subscribers into a fully automated sales funnel, online business owners can promote products on complete autopilot. With a good sales funnel and product range, you can earn commissions based on sales of digital training products, closed in-house by a built in sales team.
As an affiliate marketer, your only job is marketing/product referrals. Send qualified leads into a ready made sales funnel and automate the process. Once profitable, scale up by increasing advertising your advertising budget slowly.
Recurring Commissions
One of the best things about an online business franchise model is recurring commission products. With a valuable product, many customers will continue to subscribe for decades, if they are getting huge value from them. Business tools and software packages fall into this category and when profitable online businesses are making money, their owners will continue using them for a lifetime.
With a recurring income business model, you only need to refer people to the products in order to make recurring commissions. It’s a bit like royalty payments. See also recurring income affiliate programs.
High Ticket Commissions
With high ticket commissions, you can earn around 30% commission on high ticket items which sell for over $20,000.
High ticket digital products are some of the best paying products you can promote as an affiliate over the internet. These are coaching and training courses which help online entrepreneurs build an income online. But they are not limited to that. Some physical product offer a larger commission too. Here’s an example of a submarine which can be sold as a referral marketer for an 8% commission of $300,000! That’s a $24,000 commission!
Access this training workshop for more information on high ticket products you can promote as an affiliate.
Summary
The best hands off franchise I’ve found uses a combination of high ticket products, subscription products and a product range which anyone can use to generate commissions through online promotion.
Online marketing strategies can be used to automate an online business system which can be scaled globally. With digital products, there’s no postage or delivery cost which means the savings are passed on to affiliates (referrers) and they can earn larger commissions when they make sales.
Access a free video series here to learn more about this business model.