What are the most profitable digital products to sell online? Well, there’s definitely some which pay much more than others. So your selection of product to sell online, is paramount to your success. You’ll need to sell considerably more of a low value product than a high valued one, for example.
But an item’s price isn’t the only consideration when you’re choosing affiliate products to sell online. There’s also a considerable difference in rates of commission, depending on the type of product you choose to sell. Physical products, for example, tend to pay much lower levels of commission than digital products do.
Amazon, for example is one of the first places new affiliate marketers will go to in order to sell something online. But Amazon’s rates are some of the lowest you can earn as a product referrer. Amazon pays from 1%-20% commission rates with most of their products falling in to the 1-10% level. This means for a $100 product sale you might only earn $1! So you’ll need to sell thousands of such a product in order to be profitable. Perhaps that’s why you’re looking to sell digital products and not physical ones?
What Are The Most Profitable Digital Products To Sell Online?
So what are the most profitable products to sell online? Well in terms of commission rates digital products offer you a much larger percentage of the sale than physical products to. With a digital product you can earn from 30%-40% for a sale. So with a digital product worth $100, you can earn $40 – 40 times as much as that of the previous example (for a physical product paying 1% commission)!
Still, some physical products are going to be more profitable because of their price tag. Take a look at this item which you can find on a site called Hammacher Schlemmer:
The flying hovercraft sells for $190,000 and if you can generate an affiliate sale you get 8%. That’s $15,200 in commission! Compare this to a sale of a digital product sold for $100. You’ll need to sell 380 times as many of the digital product in the example above to make the same amount as just one of these! Obviously not everyone is in the market for a flying hovercraft! More people are more likely to buy a cheaper product. But as an affiliate marketer it is often the same or similar amount of work which leads to sales in either case.
What Are The Most Profitable Digital Products To Sell Online: Recurring Income Products
Recurring income affiliate products are also some of the most profitable products to sell online. These are subscription products which customers pay for software or memberships. With a software product you pay ongoing fees to maintain the use of a plugin, or a piece of business software. Aweber is a good example of a business software which can pay out recurring commissions. Aweber is an autoresponder tool which allows online business owners (and affiliates) to collect subscribers to promote their affiliate products to.
Since autoresponders are necessary for business owners, it’s the type of tool which business owners will keep for a lifetime, even with monthly fees attached. So if you refer these kinds of products you can earn monthly commissions over and over again, potentially for the lifetime of a customer. Even though the payments are much smaller than the previous example of a flying hovercraft, they are ongoing and they mount up. With 100 customers paying $20 a month for a recurring commission product, you can make a regular income of $2000 a month passively, once you’ve made those sales.
Digital Training Courses With Recurring Commissions
Some of the best products to sell in terms of profitability offer both high ticket commissions and recurring commissions. Training and education courses for online business fall into this category. The bigger the problem solved by a particular product, the more someone will pay. With high ticket digital marketing courses, the problem you’re solving is that of income, a pretty large problem.
Here’s a view of some digital marketing courses you can purchase and promote as an affiliate:
Digital training courses offer more personal help and support when launching an online business from scratch. Depending on the product affiliates can earn commissions of up to $4000 on a single sale. Create a free starter account to learn more about these programs: get started here.
Most Profitable Digital Products
While some physical products can offer huge commissions if they are highly priced, most people aren’t in the market for these products. This can make it more difficult to sell them, even if you only need a couple of sales!
Low valued digital products (like you might find on Clickbank) pay larger commissions than physical products but you’ll still only make $40 on most items in Clickbank’s marketplace.
So the most profitable digital products are training and education courses which have high commission rates, offer a high lifetime value to customers and have a larger than average cost. They also carry recurring commissions in addition to having high ticket products within a range of products.
A product range allows you to sell to many more people than you would with only a very high ticket offer (which prices many potential customers out of the market).
To learn more about this product range create a free account here.