I’m going to teach how to start an affiliate marketing step by step for beginners. I’m going to be sharing seven-plus years of experience on the best ways to get started. So if you’re wondering where are the most profitable affiliate niches or what are the best affiliate products to promote, or even, what’s the best platform to use to get sales and customers, then this is a video you definitely do not want to miss. So sit tight, grab your popcorn, and stay tuned. Hey, what is up everybody, ODI Productions here. And today I have an amazing video teaching you how to get started with affiliate marketing.
This is probably the most highly requested video. And I’m updating this for 2019 because there are some things that I have learned along the way, and having seven-plus years of experience with affiliate marketing and been doing this full time for almost three years now back to back to back, I have learned quite a bit during my journey and I want to share that with you today.
Now, let’s jump start, basically I’m going to teach you the actual steps step by step to start affiliate marketing for beginners, and I’m actually going to be sharing, what are the most profitable niches, what are the best affiliate products to promote, what is the best platform to choose, so there’s quite a lot, so make sure you sit tight and you get ready for this. And if you’re smart, not only are you going to watch this video and take notes and listen intently, but you’re also going to take action right after you finish watching this video. If you were to watch this video and not take action afterwards, it’s basically useless.
So no matter what knowledge I give you, make sure that you are taking action after you watch this video to actually apply that knowledge that you have just learned, alright? So that’s a little tip for you guys. Anyways, if you’re brand new to the blog, just a quick background about me, about 3 1/2 years ago I dropped out of my dream school, UCLA, to pursue an online business.
So I did not have a college degree, and I actually got fired from the only nine to five job that I ever had. But with that being said, in just three short years, I was able to go from sleeping on the floor in L.A. as a broke college student to living my dream life, getting to experience fun things like going to the NBA Finals last year, getting to drive my dream car’s every single day, getting to live and wake up in my dream home, and to wake up without an alarm clock and getting to design my days. And I think the most important thing out of all of this is just having the freedom to be able to do what I want to do, and today I am making content for you guys to inspire, to motivate, and hopefully educate you guys, and I really hope you guys take action from what you guys learn today. So with that being said, let’s talk about today’s video. So the first thing I want to talk about is what is affiliate marketing. And I think it’s a lot easier for me to show you than to simply just tell you.
So I’m going to show you guys one of my first affiliate marketing businesses. This was actually my first affiliate marketing website that I grew from zero to a full-time passive income, over $3,000 a month passive income with Amazon Associates during my college years. So this is RecordingNOW.com, it’s a website where I reviewed headphones. And if you scroll down and you look at this content, you’ll see I have these Amazon Associates links right here, so Amazon Associates, and you’ll also see them on YouTube videos, here’s one of mine, you’ll see those same Amazon Associates links in the description. And Amazon Associates is simply an affiliate program. It’s actually one of the oldest affiliate programs, started in 1996. And basically, it allows you to link anything from Amazon’s Marketplace as an affiliate link, and you can post this link on your website, on YouTube, and if people click your link and buy anything from Amazon within 24 hours, you get a commission. And the commission depends on the category of the product. You can see it ranges from as little as zero or 1% up to 10% at the max.
Now I’m gonnna get into that in a little bit more, and I’m gonna talk about low ticket versus high ticket, but just to explain affiliate marketing, any time you guys see these links, you see these links, and it’s from Amazon or it’s from another company, basically all the biggest companies in the world have an affiliate program. Apple, Amazon, Tesla, Bose, Sephora, the list goes on. You can literally type up on Google a company and then search affiliate afterwards to find these affiliate programs.
But just to break things down, affiliate marketing is just referrals. You’re just recommending products and services that you already love and you already use to other people, whether It’s people on the internet, whether it’s your friends, your family, and you get paid a commission. Again, the commission ranges from one to 10% for Amazon Associates, but I’m going to show you guys some products that actually pay 30 to 40% or more. Okay, so that’s pretty exciting. Now that’s affiliate marketing. Now, why do I love affiliate marketing? Why have I been doing affiliate marketing for the last seven years? Basically, it comes down to a few key factors.
One, passive income. Affiliate marketing is one of the few true passive income business models out there, because you’re the affiliate. You’re not the company, which means you don’t have to create your own products and services, which is awesome. Especially considering myself, I consider myself pretty lazy when it comes to having to create my own products and services, which I’ve done before, but to be honest, if I had to choose one or the other, I would rather just have an awesome company with an awesome product or service and just promote them instead. So it’s basically very hands-off. Since you’re not the company you’re only the affiliate, you only sell for them, you can just focus on marketing and sales. And that’s just one aspect of the business, you don’t have to worry about managing customers, customer service, dealing with refunds, exchanges.
There’s no headaches, there’s no hassle, there’s a lot that goes with having your own company. And most people would probably choose to just rather make money and make a full-time living from selling than having to do the whole song and dance of creating a company. And I know, as running a seven-figure company myself, it is definitely a lot of headache and stress that most people would probably not want to take on. So with that being said, another aspect of affiliate marketing that I love is having low overhead. You can invest as little as you want or as much as you want in order to start this business and grow this business. Now theoretically, you can actually start affiliate marketing for free. And I’m going to teach you guys how in this video.
Now I don’t recommend that you start for $0, because it’s basically the slowest way to get results, but if you have at least 100 or $200, you can do a lot of things. You can create a full website for less than $100. A website, it’s going to be a key asset in turning your affiliate marketing campaign into an actual business. So with that being said, you can invest that into either creating a website or you can invest in software.
If you want to skip the whole website thing and go to software to create landing pages, sales pages, to get you up and running in no time. And I’m going to share that later in this video. So, you can spend as little or as much as you want. Because at the end of the day, since you’re the affiliate, there are no product expenses. So when you sell a product as an affiliate, I don’t have to go to Amazon and buy the product and then ship it to the customer. Instead, Amazon is the one who has to handle the fulfillment. Which means they handle the customer, they handle the sales, they handle the refunds, they handle the shipping and distribution, I don’t have to worry about any of that.
All I have to worry about is people clicking this link right here and buying stuff off Amazon. Again, you get everything that they buy within 24 hours of clicking that link. You don’t have to replace the link, you don’t have to renew the link and get new links. It’s literally the same link that’s been here for years. For over two years, same link, haven’t touched it. It’s still getting clicks and still getting sales. So, with that being said, that is why I love affiliate marketing, it’s a win-win-win business model, because if you’re a company and you have an affiliate program, it’s only going to help you because you don’t pay affiliates unless they make sales.
Now that’s one of the best forms of marketing that you can do for a company, when you don’t have to pay unless you get results. It’s awesome from a company perspective. As an affiliate, you get to make money without having to deal with the stress of running your own company. And as the customer, you get hooked up with the best products and services. This is not drop shipping, these are not generic products from China. These are actual brand name products that people are already buying, which means that there’s already a market out there that you as an affiliate can take advantage of and just basically connect the customers with the right companies and get paid. So with that being said, let’s move on to the actual step-by-step. But before we do that, I just want to announce, I’m launching a free Facebook group called Affiliate Marketing With ODI Productions, anyone can join, and I’m actually going to be going live this week, showing how I took an affiliate product from zero to over $1,000 a month in monthly recurring revenue in just one week, seven days.
So I suggest you guys do not miss out on joining that Facebook group. There will be a link in the description below, so make sure you click that, join the group, and join in live, I’m going to be answering your questions, interacting with you guys. And I’ve actually never gone live before, and I’ve never had a public Facebook group. So there’s a first time for everything, make sure you guys check it out. Let’s move on to the actual steps for affiliate marketing. So, the first thing I want to say before we get into this is that the first three steps, which are choosing a niche, choosing a product, and choosing a platform, are going to be the most important steps out of this whole process.
Now, I’m going to give you guys an analogy. Basically, if you were to become a professional athlete, and you got to choose what sport you play and the position that you play, the thing is, there are certain positions that get paid more than other positions in other sports. So just to give you guys an example, if you guys want to get paid, being an NFL quarterback is a great way to get paid. Because the average NFL quarterback gets paid millions of dollars and they get these huge blockbuster contracts. Now, if you were to choose another sport that is not as popular and not as profitable as let’s say football or being in the NBA, let’s choose professional lacrosse. And I’m not hating on lacrosse, I actually used to play lacrosse in high school.
I’m a big fan of the sport. But the professional lacrosse player does not even make close to what an average professional NBA player or the average NFL quarterback, starting quarterback. And probably even second string or even third-string quarterbacks at that. So with that being said, the most important thing is choosing the right sport and making sure you choose the right position as well. Because just by choosing the right position and the right sport, you actually separate yourself and you really put yourself in another pay grade when it comes to being a professional athlete, ’cause there’s levels to this. Again, a professional lacrosse player versus let’s say a professional basketball player in the NBA, and let’s say you’re a starting point guard in the NBA, you’re probably going to be making multiple times what a professional lacrosse player’s going to get paid. So, with that being said, the first step is actually choosing a niche.
So, choosing a niche. What are the most profitable niches? I get this question all the time, I’m going to actually just answer that for you guys right now. The most profitable niches in affiliate marketing by far are software and digital products. There you go. Now, there are other profitable niches. In fact, every niche can be theoretically profitable. You can literally do knitting as your niche and it can be profitable, but the level of profitability is going to vary, and I think that in my experience, software is the highest-paying affiliate product niche, and the reason why is this.
Software companies, they have lower overhead than a brick-and-mortar or a physical products company, why? Because when you create software one time, it can serve multiple, multiple customers. You create a software one time, it can serve 10, 20, 200, 20,000, two million customers without much cost other than your server costs. But everything is relatively low overhead. Versus let’s say if you had a T-shirt company, you sell T-shirts, every single time you make the T-shirt, you have to make a new one from scratch. And you have to pay five, $10 to make the T-shirt, whatever it costs, but you have to pay that every single time you make the T-shirt, it doesn’t replicate. Software replicates very, very, very easy, and it does not add much cost when you add one more new customer. So software is allowed to basically pay huge amounts of money to affiliates, because they know that, because customers, when they buy software, they subscribe to the software, they tend to stay a customer for many months if not years.
And that lifetime cost is actually, or the lifetime customer value, is worth hundreds of dollars, so they can pay affiliates on the flip side hundreds of dollars as well to acquire that customer. So that being said, software and digital products. Now, what are digital products? There are digital info products that are very popular these days, such as an online course. If some of you aspiring entrepreneurs are in an online course, chances are there is an affiliate program.
And the affiliate program probably pays around 30% of a product’s sales. So if you’re selling a course that costs $1,000 as an affiliate, you get a sale, you get $300 just like that. Okay, now I’m going to give you guys a concrete example of how much it takes to make $300 with something like Amazon Associates versus a high-ticket software. But with that being said, software and digital products tend to pay around 30 to 40% commission. And some of these are monthly recurring, which means, when you get a customer to sign up under you, you get paid every single month they remain a customer.
You’re getting passive income every single month, you don’t have to get a new customer. You can just stick to the ones you already have. So that’s pretty cool. Now, I’m going to move on to step number two, which is choosing a product. So you want to go with a winning product that already has a history in terms of affiliate marketing that other affiliates are doing well and there’s proof of it on the internet. Because this means that that company probably invests into their affiliate program to make sure that they are actually serving affiliates. Because there’re companies out there that really do not care about their affiliates’ and they do not care about their affiliate program, and you can see it in the complaints, people not getting paid, there’s maybe problems with the tracking, like let’s say you’re getting a lot of clicks but you’re not getting any sales, maybe you’re not getting paid on time, theses are all issues that you can have as an affiliate.
Luckily, there are companies out there where they have very proven affiliate programs and you can find affiliates who have made tens of thousands, hundreds of thousands of dollars, from a single affiliate company. And that just shows you that that affiliate program is very solid. So you want to find some research, make sure that the affiliate product you’re promoting is not something new, it’s not something that hasn’t been proven before and that no other affiliate has been successful with, instead you want to find products that other affiliates are already promoting and having success with, ’cause it’s a lot easier to model success than reinvent the wheel.
Now, let’s move on to the third step. So the third step you want to do is you want to choose a platform. Now, let me show you some examples of platforms. So this is a website, RecordingNOW.com, this is a platform, having a website is having a business online. It’s having online real estate. YouTube, having a YouTube channel, this is a platform. Again, I have a YouTube channel, and I use it to post my content and build an audience and engage with that audience and create more content and rinse and repeat. Having an email list, that’s creating a platform. You’re using your email list to connect to your customers. Having an Instagram account, that is another platform. So, with all this being said, what is the best platform to choose? Because you can either have a website, you can have a YouTube channel, you can have an Instagram, or you can actually just skip straight to having a landing page.
Now, this is kind of a hybrid. A landing page is kinda like having a website, but having it be more specific. So this is a landing page in a software called ClickFunnels, which I’m going to talk about in just a second. But basically, it’s a software that allows you to make a quick page where you can start collecting emails or even start getting sales. You can put your affiliate link here where this button is very easily and then all of a sudden, you can just use this landing page as the place that you send traffic to to get customers, to get clicks, to get sales. And it’s a quicker way than making a full-on website. You guys see this website right here, I got a whole bunch of content, I got a whole bunch of pages, whereas with a landing page, it’s literally just one page, it’s simple, it’s straight to the point, it can still get results.
So you’re going to have to choose a platform. Now, there’s no one saying that you can’t use all these, and I actually recommend that you use at least two of these combined. Because if you use YouTube combined with a website, you can send traffic from your YouTube video to your website, as I’ve done here. So that’s an example, you can funnel traffic from one platform to another to the next.
Because I can funnel traffic from YouTube to my website to my email list. Do you guys see that? It’s pretty awesome, because now we’re connecting with customers on three different platforms, we’re really getting in front of them and interacting with them and engaging with them. And trust is built over time when you build a rapport with your customers. So that’s all the examples of platforms that I think are relevant today. Now what’s the best platform? And do you need a website to get started with affiliate marketing? These are two really, really good questions I get asked all the time. Now, my short answer to do you need a website is I would say yes. Now, you can get started without a website, and I’ll show you how. One way is to use landing pages. This way you don’t have to create a full-on website, you can just make a landing page to get online to start selling, but you need some sort of platform to sell and have your affiliate links. ‘Cause if you don’t have a platform, where are you going to put your affiliate links? So, with that being said, what’s the best platform? I like websites, personally, because it’s like having an online real estate where you build this and it’s an actual asset.
I build this website, it’s something tangible. If the website gets let’s say 5,000 visits per month, I mean this is a real business that I have right here. It’s something I can sell to someone. I can sell someone RecordingNOW.com. If it’s making a certain amount of money per month, you can sell it for roughly one year’s worth in one lump sum. Income that it generates.
So this is a reliable asset. Now, if you have a personal brand, it’s a bit harder to sell a personal brand than selling something that is separate from your personal brand like RecordingNOW. So that’s just an example of a platform. I like websites because they have a chance to rank on Google for SEO. If someone looks up something, they’re searching up Beats Solo Wireless review, this can pop up on Google. And that’s free organic traffic. So with that being said, the best platform in my opinion are having your own website and then having a YouTube channel. I think YouTube is an amazing platform. You get tons of free organic traffic just by posting. I mean, it’s weird, but YouTube recommends random videos all the time. They recommend videos on your sidebar and you see them and people click them. And even the channel with zero subscribers can actually get a view or two just through natural organic traffic.
With that being said, the flip side, if you don’t want to go through the website, and you don’t really want to do the YouTube, you can make a landing page, oops, you can make a landing page, and you can get online quicker. And there’re certain affiliate programs that don’t require you to have a website. The other reason why I suggest a website is because certain affiliate programs like Amazon Associates, they ask you for a website when you apply for the program, so you need to have a website already. Now, if you don’t have a website, you can use a YouTube channel or a social media account, but I think you need at least 500 subscribers.
Now, I could be wrong on that, the number may be different, but last time I checked it was 500 subscribers if you do not have a website. So, that’s just another example of why a website is necessary for affiliate marketing, it just shows you’re legit. It’s like having a business card online. And if you don’t have the website, you don’t really have anything to back you up in terms of showing a company, hey, I can be a good affiliate, I can make sales, but if you don’t have a platform to show them, then how are they going to take your word for it? Because from a company perspective, you don’t want to be risking having all these low-quality affiliates who don’t even have a website. You don’t want to have affiliates who are going to be spamming your links everywhere, it’s going to hurt the company’s reputation. So with that being said, you need to choose a platform, in my opinion, I feel like having a website, having a YouTube, combining those two, or on the flip side, if you have a YouTube and you have landing pages where you can directly send customers and then sell the product right here, boom, straight to the point, I think that either of these methods is effective.
I’ve done both of these methods and they both work. You just have to choose one. So, with that being said, let’s move on to the fourth step, which is actually applying for the affiliate program. So, Amazon Associates is an example of an affiliate program. Again, it’s one of the oldest ones in the world. And if you want to join, it’s free. Free to join, all you have to do is apply.
Now when you apply, they’re going to ask you for certain information, and one of them again is having a custom website. Again, if you don’t have a website, you can substitute this with a YouTube channel if you have at least 500 subscribers. So for the people who don’t have 500 subscribers, you have no choice but to make a website. Luckily, websites only cost as little as three, four, $5 per month. Like five bucks a month, that’s literally like a couple coffees at Starbucks, or basically getting like a fast food meal. So with that being said, it’s not an expensive expense. And it’s well worth it if we are creating a business. And it kind of brings the question to mind, why not invest in your business? I get so many people who want to get started for free, and I understand it because I used to bootstrap. When I was a broke college student, I didn’t have any choice but to bootstrap and to do the lean startup way, which is just getting scrappy and just trying to figure out every single free resource I can use.
With that being said, push comes to shove, if I had the choice to invest $1,000 into my business to get results sooner than starting from zero and having to wait one year, I would choose to pay $1,000 up front to get results sooner. I’ve done both ways and to be honest, speed is really important when it comes to the online space. ‘Cause if you don’t have resources, you’re going to have to make up for that in sweat equity and with time.
And if you don’t have years to waste and you want to get this goin’, you’re going to have to invest into your business time or invest money and invest in software and tools to help you go faster. Alright, so after step four, which is applying for the affiliate programs and getting into them, then the next step is to create content surrounding your product. So I’m going to show you examples of content.
So on my website, I create a blog post. It’s a written post, you guys can see right here, and I actually review the headphones. I talk about the style, I talk about the comfort, I talk about the build quality, sound quality, et cetera. So that’s content on my website. Content on YouTube is a YouTube video obviously. Now, what’s cool about affiliate marketing and what makes it passive income is you only need to create this content one time. And that’s why I like to call this online real estate. Because once you make that content one time, it’s there to stay, and you can get customers, you can get clicks on your affiliate links, you can get sales for years to come after you make that content. I never have to make this content again, thankfully, right? So you invest a few hours, maybe you invest a whole day, into making this video, it’s about 12 minutes long. Maybe you spend four hours to make the video, to film it, to edit it, to plan it out.
Once you work those four hours, you make this content and it’s done, it’s a finished package and it’s on your website, it’s on YouTube, it’s done forever. You can get sales for years to come, which means you can make money on it and commissions for years to come. That’s what I love about affiliate marketing. So when you create this content, it pops up when people are searching up, Beats Solo Wireless review. So if people are looking up for this product, then your content ideally would Pop up and this called SEO. So this brings me to the last step, which is getting traffic. And getting traffic can either be free or it can be paid. And I like to use both. Now, what is free traffic? Again, if somebody looks up Beats Solo Three Wireless reviews and my video pops up, then that right there is free traffic. It’s organic, it’s called SEO, search engine optimization. Now there are certain techniques you can use to rank higher on Google and on YouTube. And so with that being said, the flip side of this is paid. If instead of having organic traffic, you paid for your traffic using Facebook ads, Instagram ads, YouTube ads, Google AdWords, this is basically paying to show up as a search result on Google for the Google AdWords.
So it’s a way to leapfrog the whole SEO thing. Because if you’re not able to rank for a certain term, then you can use paid traffic to make up for that. If you don’t have an audience, you can use paid traffic to make up for that. Because you’re forcing yourself basically to be in front of people. And it’s not the most ideal versus organic, but at the same time, you can really get so much more traffic and reach if you’re willing to pay for it.
‘Cause think about this, think about how many people are not willing to pay for traffic. Most. Most people just want the free way, they want the easy way. Well, the easy way doesn’t get paid. So you gotta pay to play, paid traffic is the way to go, and if there’s a skill you should master, It’s learning how to get traffic. But again, in my opinion, out of these six steps, I think the most important are choosing the right niche and the right product and then choosing a good platform.
Because again, if you were to choose a professional sport to be a professional athlete, I would choose to play in the NBA or Major League Baseball, because at least you get paid millions of dollars, it’s non-contact or low-contact versus let’s say football, where you’re getting tackled by 300-pound dudes. So I would rather choose to Play in the NBA, which is, it’s physical, but for the most part you’re not getting tackled by people, and then baseball’s another one that is pretty simple in terms of the gameplay. You don’t have to hit anybody, there’s no contact. You get to play for possibly a whole decade. You can play baseball for like 10 years. And you can still have a long career, and you also get guaranteed money, which means you, if you get a contract to make $1 million per year, it’s guaranteed money, which is awesome.
Now if you’re a professional lacrosse player, and again, I hate to come at lacrosse, I used to play the sport myself, but if you were a professional lacrosse player, the chances of making millions and millions and millions of dollars are pretty slim. Versus the average MLB or NBA player. So, with all that being said, choose the right niche and the product from the get-go, and this comes to my next point, and this is probably the biggest point to take away from this whole video, choose high-ticket over low-ticket. I’m going to show you guys a comparison right now. Here’s a low-ticket affiliate program, which is Amazon Associates. Now, I’ve always talked about Amazon Associates in my past videos, and the reason why is because it’s how I got started and it’s how I got my first full-time passive income, and it’s honestly one of the best affiliate programs out there.
Because you can promote anything on Amazon and get paid a percentage, and I mean, everything is available on Amazon, right? Apart from software and digital products, but for the most part, everything you can buy off Amazon. Any single item you can think of. And this makes it very accessible. And because it’s low-commission, it makes up for it with high volume, a lot of people are buying from Amazon, a lot of people are already going to purchase things, they already have stuff in their cart, so if you can just get in between that and get them to click your affiliate link, then you would actually make commission on everything that they’re buying.
Now with that being said, let me show you a high-ticket affiliate program and affiliate product that I personally have been loving lately, and I’m gonna show you a real comparison between low-ticket versus high-ticket. But a high-ticket affiliate product is ClickFunnels. ClickFunnels is actually this software I showed you to make landing pages. And I’ve used it for well over a year, I’ve been their real customer for well over a year, I’ve had some great success with it, I’ve made sometimes over six figures per month using the software to sell my own products but also, over $20,000 a month consistently as an affiliate for products that use ClickFunnels as a platform. So I actually share that I have a free course if you guys want to check it out in the description. But with that being said, here’s ClickFunnels’ affiliate program. They pay 40% monthly recurring commissions. Now, what does this mean? You get paid 40% of what the customer pays for a subscription, which starts at $97 a month. You get paid 40% of that every single month they are a customer. So I’m going to repeat that, you get paid every single month they are a customer, you don’t need to go get new customers, you just need to keep the ones that you get.
And 40% of $97 is $38.80. Now let me do a side-by-side comparison, and if you’re going to take anything from this video aside from taking action, I would say, look at this chart and remember this comparison. Because this is going to show you the difference between low-ticket and high-ticket. So low-ticket is Amazon Associates, where the average commission is between four to 8% for most products.
If we’re looking at this chart, most products are going to be in these categories. You can see that all other categories, if they’re not in these predefined categories, is 4%. But then, 4% is basically any of these products right here, I mean it goes lower, if you’re going to sell PC components, DVDs, TVs, video games, it’s lower than 4%, it’s much lower, it’s actually one to 2.5%. Now if we’re talking about furniture, if we’re talking about home improvement, lawn and garden, kitchen, this tends to be around here six to 8% range, so that’s not bad. But going back to this chart, one customer is worth around $to $40 on the high end. Now what I mean by this is you only get a one-time commission when someone buys. Let’s say someone spends $100, or sorry, $10, and you get 4% of that, it’s about $0.40. Not really much to write home about. $0.40, you can’t really do too much with that. Now $40, that’s if they buy a $300 product at 8% commission, or maybe it’s $500 product, either way, you have to sell a pretty expensive product just to make 40 bucks.
Which is still not bad. And it’s a lot better than relying on just getting views. Because you only get paid $2 for every 1,000 views. And that’s a lot harder than selling one product one time and getting 40 bucks. Now with that being said, on the flip side, a high-ticket affiliate program like ClickFunnels, which is a software, it’s a marketing software that anyone who sells something online can use, I just showed you this landing page, you can easily drag and drop and move stuff around, and you can use this to sell affiliate products.
You can put your affiliate link right here, I actually put an affiliate link right in this button, very easy to use, especially if you don’t want to deal with the headache of having to make a website. I understand it’s pretty complex to have to create a whole full-blown website. You can just have a landing page. Now, you get 40% monthly recurring commissions, which is a big difference between one-time commission. Because what this means is you don’t have to get new customers every month. Now, one customer with a high-ticket affiliate program like ClickFunnels is worth a minimum of $38.80, that’s if they’re a customer for only one month. But they’re worth over, potentially over $900 if they stay a customer for two years, and that’s using the lowest plan, which is 97 bucks a month.
They actually have a plan which I use which is $297 a month. If you were to recommend someone to that plan and they became a customer, that one customer would be paying basically $118 per month, I believe. So over $100 per month from a single customer, that’s well over $1,000 over the course of one year if they remain a customer. And the cool thing with software is most customers tend to stick. If you start using the software for your business, like let’s say ClickFunnels, and it makes you a profit, like let’s say you invest $97 and you make 200, 300, 500, $1,000 with this software, you’re not going to stop using that software anytime soon.
So that’s why software is very, very lucrative, because not only can the companies afford to pay you more as an affiliate, but they can also retain that customer for a long period of time, which then increases their lifetime customer value. ‘Cause again, one customer can be worth close to $1,000 or more if they remain a customer for one year, two years, three years, and depending on which plan they use. Now, let me give you a concrete example. To make $300 a month with a low-ticket affiliate program, you would have to sell a $50 product 100 times every single month. You’d have to sell $150 products every single month, and then you start from scratch the next month.
‘Cause it’s only one time, that’s it. You make a sale, you get paid one time and it’s done. Now with a high-ticket affiliate program, to make $300 a month, you would only need eight customers, count ’em, eight customers at $97 a month subscription to make $300 a month, actually a little bit more, it’s actually $3per months. But the key thing here is not really, is not even the amount or anything, it’s actually the fact that you don’t need to sell or start from zero every single month.
You can actually get those eight customers. If you can keep those eight customers over the course of a year, each one is going to be worth $456, half of this right here. They’re going to be worth $456 each. And over the course of a year, they’re going to be worth, collectively, those eight customers, just eight, that’s eight sales, they’re going to be worth of $3,724. So, with that being said, on the flip side, with a low-ticket affiliate program, you would need to sell $5,000 worth of products at a 6% average commission to make $300. So you only get 6% of what you sell. So you’d have to sell $5,000 worth of products. That doesn’t sound too easy to me. With that being said, with software, you only have to sell $776 worth of marketing software to make $310,40.
So, you take your pick, what do you think is easier, selling $5,000 of products, or selling $776 worth of products? It’s a no-brainer. Now the next thing, example I want to show you is, if you want to make $3,7with a low-ticket affiliate program, which is just eight customers with a high-ticket affiliate program, you’d have to sell $62,080 worth of products at that 6% commission rate. Again, I’m just taking an average commission rate. I’m just choosing 6% because it’s in the middle between one or 0% and 10%. It’s actually a little bit higher than the average. Now, you’d have to sell 103 $50 products every single month for 12 months. And that’s 1,241 customers or sales. Now that’s just to put things in perspective. And that’s hoping that each product you sell is $50 at a 6% commission. Because if your product is actually a 4% commission, and the product only costs $10, you’d actually only be making $0.40, and you’d have to sell a lot more than 100 per month.
So this is just to give you guys an example. What do you think is easier, selling over 100 products per month every single month and having to repeat that consistently, or selling eight times, getting eight customers, and just retaining those customers over the course of a year? Which again is not just your responsibility, it’s actually the company’s. It’s the software company’s responsibility to retain that customer and make sure that they’re well-fed, that they are enjoying the service, the software, that it’s working for their business, it’s more so on the company to make sure that the customers are happy. It’s not just your job. So, that basically is my biggest point of this whole video. Aside from the actual steps of making sure you choose the right niche and product because again, it’s like choosing to be a professional NBA player versus maybe a professional lacrosse player.
Now on top of that, low-ticket versus high-ticket, if you guys are looking at this chart right here, I mean eight customers and you can add close to $4,000 over the course of a year. And again, some customers might opt for the higher payment plan, for the higher service, which means, they’re going to be worth more than $per month, they’re actually going to be worth over $100 per month. And that’s just from one customer. So I hope you guys can see the potential In this, and actually, that’s what I’m going to be talking about in the live in the Facebook group this week is I’m going to be talking about how I took this software from zero to over $1,000 a month. Right now, we’re looking at ClickFunnels affiliate dashboard and you can see that I have 31 trials, there’s 14 people currently trialing and there’s 17 new trials.
Now it says here that it’s $potential monthly recurring revenue, but if you do the math, this is 31 customers, multiply it by $is actually over $1,200 per month. Now, it’s not set in stone, we don’t know how many people are going to convert, and these numbers from my experience are just not accurate in terms of the stick rate and the churn. I think that this is still, they’re working on it, that’s why they say beta over here. But if these 31 people were to become a customer, this is a potential $1,200 per month every single month. 31, if you were to replace this with 31 customers instead of eight, I think you guys can probably see the potential here and how much this is potentially worth.
And I did this in one week. So I’m going to be sharing that in the Facebook group also. I have a free course, if you guys want to learn more about this software, then again, I’ve been a customer for over a year. So, I’ve been using this, I’ve used it successfully, I’ve only started promoting it now as an experiment for my mentorship program and showing my students. But I want to share more about that with you guys, because I think this is a huge revelation is learning high-ticket versus low-ticket.
Because low-ticket, you see how you have to work very hard every single month starting from zero just to make $300 a month, whereas if you just had eight customers, eight customers, eight sales, you can make $300 a month and it’s coming every single month. So you don’t start from zero, it’s actually just your baseline. And that’s granted if nobody cancels or refunds or leaves, but again, if you can get eight customers, chances are you can add another customer every single month. If you’re able to get eight, chances are you could get nine or 10 or 11 or 12. Sky’s the limit here. And that’s what’s exciting about all this. Alright, so that wraps up today’s video. If you guys enjoyed this, please leave a thumbs up and a comment below, it really means so much to me. I hope you guys enjoyed this. And if there’re some key takeaways to get from this video, make sure you choose the right niche and the right product that are profitable and help you succeed.
Make sure that you are choosing high-ticket over low-ticket so that you can get more results for less effort, and last but not least, make sure you take action right after this video. Now, if you don’t know what action to take, I suggest you take my free passive income masterclass in the description below, you can sign up for free. Again, I’m going live this week in my brand new Facebook group to talk about how I took that affiliate product from zero to a potential $1,200 per month monthly recurring revenue.
And so I can’t wait to show you guys that. And I did that all in just seven days. So with all that being said, I hope you guys enjoyed this video and if you like videos like this, subscribe, hit the notification bell, ’cause if you don’t hit the notification bell, then you’re not really subscribed, are you? And with that being said, I will catch you guys in the next one. Make sure to check out my other passive income and affiliate marketing videos, I’ll put the playlist right here.
You guys can check it out, I hope you guys have a great day and to stay successful, peace. .
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