Looking for a high profit business low investment opportunity? One of the best business models you can use is the affiliate marketing business model. Affiliates join programs and promote other people’s products online. Anyone can use the model to earn money from the sale of other people’s products and services world-wide. Due to the automation and scale you can use with affiliate marketing it offers potentially unlimited profit while at the same time it’s also a very low investment opportunity.
Amazon, for instance is one of the most popular affiliate platforms. Anyone can join Amazon’s partner program, get an affiliate link and promote it to earn money. They can even do this absolutely free. The most important tools for affiliate marketing is a laptop and internet connection, which many people already have. Besides that investment the best investment you can make with affiliate marketing is in your training. It’s definitely worth paying for some training with affiliate marketing and properly educating yourself because around 95% of affiliates don’t succeed! This, in part, is due to the low barriers to entry and the fact that pretty much anyone can “give it a go”!
High Profit Business Low Investment: What Do Affiliates Do?
There’s many ways to promote affiliate products online and many different products you can choose from. Your choice of promotion method and products (more on this later) plays an important part in whether you’re successful or not! The main promotion methods which affiliates use to promote products online are:
- Content creation: blogging, video blogging, etc.
- PPC – pay per click direct marketing, using ad platforms such as Google Adwords
- Social media advertising
- Email marketing – get a free autoresponder for affiliate marketing here
- SEO – search engine optimisation
To grow and scale an affiliate business quickly, you should focus your attention on the most scalable marketing strategy: paid marketing. With paid marketing, once you’re in profit, you can simply turn up the marketing budget to sell more products. The skill therefore is testing and measuring ads to find a profitable one. This can take some time. A slower less scaleable marketing strategy (but cheaper) is to create content through blogging or creating videos, for example.
High Profit Business Low Investment: Products
There’s many different types of products you can promote as an affiliate too! Some products pay much more than others and some even pay recurring income. The highest paying products (high ticket products) are well worth focusing your time on because one sale can pay as much as selling hundreds (or even thousands) of lower valued products. This means you can profit from fewer sales, if you choose the right products.
Subscription affiliate products carry ongoing membership fees and many of these offer ongoing recurring commissions for affiliates. These are obviously a good idea too, because they help affiliates build a consistent income from sales much more quickly.
When you use high ticket and subscription products together, you have a very powerful means to generate a lucrative income, even without a huge investment.
Thinking Big And Using Scale
Top affiliates think big and focus on finding products which are super valuable and offer both high ticket commissions and recurring commissions. A valuable product will be potentially used for the lifetime of the customer, so if they carry a recurring commission, this is obviously very good for the referrers of these products. Products such as business tools and software for online businesses are incredibly valuable because they help people to earn a living. Once someone is profitable using these tools, they are more likely to maintain their memberships.
A good example of such a tool is Aweber, which is an email autoresponder used by affiliate marketers and many other businesses. It lets affiliates build a huge list of subscribers and promote their affiliate products simultaneously to thousands of people at once. Using paid marketing and an email autoresponder in conjunction with each other is one of the best ways to build a lucrative online business. If you also choose high ticket product range, which includes the use of subscription products, you’re giving yourself the best change for success! See best products to sell as an affiliate.
Summary
A high profit business low investment opportunity might be any kind of e-commerce business. However, affiliate marketing is one of the most potentially profitable and easiest business models to use for anyone entering the space with no previous experience. That’s not to say affiliate marketing is easy, but the barrier to entry makes it affordable for most people. If you treat it seriously, as a serious business, affiliate marketing can be very lucrative, even for little investment and training.
Still, you should expect to work for several months building your business before you can expect a return, according to your products, marketing budget and time invested. For more information, checkout this free video series.