How do you resell digital products which don’t belong to you? It’s simple, you join an affiliate or partner program which offers them, and refer customers through your unique affiliate link. When a sale is made, you earn a commission which is tracked by your link. Reselling digital products is known as affiliate marketing. Affiliates can earn commissions through referring customers online to a variety of products and services.
Amazon is well known as one of the biggest online stores for affiliates but its products are physical. You can find digital products to sell on sites such as Clickbank, JVZoo.com and Click2sell.com. With digital products there’s less cost involved so profits can be shared more with the affiliate who refers the sale. Physical products have larger manufacturing, storage and delivery costs so commissions are generally much lower.
Amazon, for example pays affiliates from 1-11% commission on a referral. Digital products pay much more and some even offer 100% commissions on products you sell. Mostly though digital products will pay from 20-40% commission on a product.
Resell Digital Products – Flexible & Uncapped Income
One of the main reasons people learn how to resell digital products is to earn a flexible income which can be built on. All you need is an internet connection and a laptop to become an affiliate. You can join a number of affiliate programs to promote digital products which you don’t personally own; although it’s a good idea to purchase them yourself if you want to promote them.
Selling digital products online is a skill to be learned, and you can replace your income through using affiliate marketing. But it’s no easy thing and you should expect to spend several months learning before you start making regular sales.
Another benefit of affiliate marketing is that you can work flexibly around existing work and build your business up over a number of months or years. Some affiliate products even pay you a recurring income. Recurring income affiliate programs are usually programs which offer memberships or software products. These can be the most lucrative to use if you decide to learn how to sell them.
Over time, a recurring commission affiliate program can give you a passive income too. If you only make $20 a month from a membership product, for example, after 100 sales you’ll be earning $2000 passively, if your members maintain their memberships.
How To Resell Digital Products
Learning how to resell digital products can take some time. But once you learn this skill, you can automate sales. This is a skill which can serve you for life, replace your income and give you geographical and financial freedom. Not all affiliates are successful however, and many quit before they reach this point. The first 6 months to a year of your affiliate journey is likely when you’re most likely to quit. That’s the difficult part because you’re only getting going and won’t have any experience to draw on, or data to learn from.
Many affiliates build an email list of subscribers and automate an email follow up series which sells their products and services on autopilot. As a beginner, your list will be very small. As your list grows, you can expect to gain experience and start making sales. But a list of 100 members won’t products the results of someone with a list of 10,000 subscribers. This is why it can be difficult as a beginner getting through the quiet phase where not much happens!
Your first online sale should be celebrated as this marks the start of things to come! This can come after several weeks, months or even years. It’s different for everyone. The key is to keep moving forward and commit to learning and growing personally and with your affiliate marketing business.
Generating Traffic
To build an email list you’ll need to learn how to generate website traffic. Getting traffic to your website and landing pages can be a challenge, particularly when you are learning. There’s a few ways to do this and depending on your individual circumstance you may decide to opt for free marketing or paid marketing strategies. Or you might even do a little of both. Paid marketing is the fastest way to resell digital products but you’ll need to make sure you make more money than you spend.
This can be difficult with physical products because of the low levels of commission they pay. But it’s more attainable with reselling digital products because you’ll usually make 40% commission and above on your sales. If you use subscription affiliate products, you’re giving yourself another advantage still.
There’s several ways you can generate traffic to resell digital products:
- Blogging
- Organic video
- Paid marketing
- Social media
- SEO – search engine optimisation
See also 22 ways to promote affiliate products.
High Ticket Digital Reselling
Another key advantage is to use high ticket affiliate products. High ticket products pay much larger commissions. The average digital product you might find on Clickbank, for example, will cost $100. With a 40% commission you’ll earn $40 a sale. With a high ticket product, the price tag can range from $2000 to $20,000. 40% commission on a $2000 product will give you a nice $800 for each sale you make.
It’s also possible to resell digital products which cost upwards of $10,000. These can be membership programs and offer more personal coaching and mentoring. See 1 on 1 affiliate marketing coaching and mentoring.
Main Benefits Of Reselling Digital Products
There’s a few main benefits of reselling digital products. With an online business you can work flexibly around existing work and build up your business over time. Affiliate marketing is also a scalable business model and you can sell digital products globally from wherever you are in the world. You don’t need your own products or even any experience to learn this skill. Access a free video series to learn more here.
People who are long term affiliates enjoy working their online business from anywhere and with a flexible working pattern which suits them. They don’t need jobs and many have made their online business their main source of income. With a scalable income, geographical freedom and no need for a boss, job or commute, many affiliates relocate or travel while working from their laptops.
An online flexible working income is a good way to escape the 9 to 5 and replace your income. This is a real possibility for those who are prepared to work for it. Access a free video series to learn more here.