What is high ticket affiliate marketing? A high ticket product is one with a much larger price tag than most others. Most affiliates, like myself, start out using low value products like those you’d find on Amazon. I started with Amazon and promoted items from their partner program. Anyone can join this program and promote products for a percentage of the sale value. But with most products from Amazon you’ll only earn 3%-11% commission.
With a product like a microwave oven worth $61.99, you’ll only earn 4.5% under the kitchen category. That’s $2.70 in commission. With a strategy like this you’ll have to sell a lot of items to make a full time living and replace an existing job. But with high ticket affiliate marketing, it’s a different story.
What Is High Ticket Affiliate Marketing?
A digital product which is worth over $1000 is an example of a high ticket affiliate product. There’s also physical products too which are worth a lot for affiliates. Look at Hammacher Schlemmer, an online store which sells high value physical products and pays its affiliates around 8% commission.
Although that doesn’t sound very much, on an expensive item like the golf cart hovercraft, you’ll earn $4640 for referring the sale. That’s a lot better than you’d get from referring a low value Amazon product, even at the same commission levels.
Digital product though, are the best bet for affiliates. With many digital products affiliate marketers can earn up to 40%+ commissions. Digital products also give you other earning opportunities too such as recurring commissions. With a recurring commission affiliate product, you can sell an item once and keep earning for the lifetime of the customer. Sell many items and you’ll start seeing an ongoing increase in your monthly earnings through recurring incomes.
What Is High Ticket Affiliate Marketing – The Six Figure Mentors
The Six Figure Mentors affiliate program is one of the best in terms of commission structure. The SFM offers multiple high ticket digital products from which you can earn 40% commissions. See SFM Digital Business System for details.
At the top end you can sell a $20,0000 product and earn a cool 40% or $8000! Their high ticket products are digital training courses and live events. They help people learn the strategies to earn online through affiliate marketing.
In order to qualify for the highest levels of commissions however, you’ll need to partner with the company. You can still use the multiple affiliate programs which the SFM offers. The entry level product (Mentors-All-in) gives you access to a 101% commission on the product itself. You can make $100 commission on a sale of a $99 product. This perhaps isn’t a high ticket sale as such, but it’s a very high level of commission for a low priced product.
After the Mentors-All-In product the SFM offers the Elite Influence package which gives more personal tuition and access to a number of trainings and live events. You can also earn $1000 commission on a $2500 product once you position yourself at this level. See Six Figure Mentors Elite for more information and Six Figure Mentors Cost.
Best High Ticket Products To Use
The SFM offers the best high ticket products to use for a number of reasons. It offers:
- A number of high ticket products from which you can earn large commissions
- Recurring commission products – subscription products give you ongoing income from each sale, rather than a single commission
- Training and education through their digital mentors programs
- A built in sales team – helping you by closing sales on your behalf and answering members questions
- Multi-tier commissions – earn commissions based on sales made by your referrals.
- A product range – each product offers more value than the last. This means you can refer a member once and benefit from later purchases they make – even if they are made years apart.
A high ticket product range gives you many opportunities to earn and allows you to use more expensive paid marketing platforms. With low value products, and physical products which only pay out 3-11% commissions, you’ll need to create sales through free (or very cheap) marketing strategies. There’s huge competition for free organic traffic and this can be a long term and time consuming strategy.
With paid marketing strategies and a high ticket sales funnel, you can recoup your advertising spend more easily (and make a profit) through the multiple earning strategies available through a high value product range.
What Is High Ticket Affiliate Marketing – Final Thoughts
With a low value product like a watch from Amazon, for example, you can earn 7% commission. Let’s say the watch is valued at $100. You make $7 for each sale. To make $1000 you’ll need to sell 143 watches. With a high valued product like SFM’s Elite Influence product, you can earn 40% commission on a $2500 sale. That’s $1000 per sale.
Many people assume that it’s much harder to sell a $2500 product online. But in order to make the same money, you’ll need to sell 143 watches at the lower value commission rate. Do you think it’s 143 times as difficult to sell the larger value item?
In fact, the same strategies can be used to sell high ticket items as with low value products. But you have an added advantage with high value affiliate products because you’re able to use paid marketing more effectively. With a $7 commission it’s very hard to run a paid advert and still make a profit. But with a $1000 commission it’s much more realistic.
To learn more about SFM and it’s product range, click on the image below to get started with Mentors-All-In package. You can upgrade your account any time through the back office once you gain access.
