High ticket digital products are the best products to sell online.
Why? There’s a few reasons why high ticket digital products are the best:
- Digital products pay out the largest percentage of a sale for affiliate marketers. Most digital products pay 40% commissions on a product sale. Compare this to their physical product counterparts which only pay between 3% and 11% commissions in most cases.
- High ticket digital products have a larger price tag. Therefore you will receive a larger commission per sale. Not only do you get a large percentage of the sale, but the sale price means you get a large commission on each sale you make.
- You don’t need to sell as many high ticket items as you would smaller items in order to make the same amount. You can sell one product for $1000 or 100 at $10 each. Which do you think is easier? You can work smarter not harder.
- High ticket items give you more choice in your marketing methods. With low value items you’ve got your work cut out. You’ll need to get free traffic or be an incredibly good marketer to get your advertising costs down low enough to sell items for $10 each and still make a profit!
It’s not really even viable to sell some low value products using paid marketing with such low profit margins. With a high ticket item, you can afford to test and measure your advertising and even make a few mistakes, too, while you learn.
High Ticket Digital Products – Other Considerations
How to find high ticket digital products? You can sign up on this site to access a range of high ticket products and get started today! Ideally you will use a high ticket sales funnel which contains the following:
- A number of high ticket products within a range – offering huge value
- Recurring income subscription products which pay the affiliate a recurring commission per customer
- Entry level products and up-sells – a high ticket product range should also include entry level products which offer value to customers
- A built in sales team – closing the high ticket sales on your behalf – see how to sell a high ticket items
- Multi-tier sales – a multi-tier affiliate program rewards affiliates through paying them commissions based on their referral’s sales. See SFM digital business system.
A Product Range Vs. Physical Products
There’s a few reasons why you should choose not only high ticket digital products, but also a product range. Not all the highest paying affiliate products offer the benefits of a range. With a product range, you can benefit from the lifetime value of a customer. Even if you only sell the entry level product in a range, you’ll earn commissions should your customer upgrade their membership at any time; even if its years later.
Physical products can pay out large commissions too. Take for example the company Hammacher Schlemmer who sells items such as hovercrafts for $58,000! As an affiliate you can earn 8% commissions on a sale. On a small item that doesn’t amount to much. But on a $58,000 hovercraft you can earn $4,640 in a single sale! However, once you’ve sold one item it’s back to the drawing board. You need to keep selling items over and over to keep making money. How many people really want a $58,000 hovercraft and can afford it!?
With a product range you can sell digital products which brings in a recurring income. Even with a smaller recurring income per sale, over time this can add up to generate a nice passive income. A recurring income is a major key to building a sustainable affiliate business. See also recurring income affiliate programs.
Digital Vs. Physical
Of course people still buy physical products but there’s more logistical problems selling physical products for affiliate marketers. With a physical product, the commission level is typically much lower because there’s shipping costs, manufacturing and handling costs involved. A physical product incurs more costs and is harder to obtain than digital products. With a digital product anyone with a laptop and internet connection can be a customer.
This sets up a much wider perimeter for your business. You have a larger audience with digital products and especially if you choose something globally appealing. Compare, for example, how many people need an income and are looking for job alternatives with those looking for a golf cart hovercraft! It’s a much larger pool of the population! Of course there’s also the pandemic of 2020 too which has changed the economy completely. Now more than ever people are looking to the internet as a means to earn an income.
High ticket digital products offer a solution to a lot of people’s problems. Golf cart hovercrafts much less so! Amazon is a popular physical product emporium for affiliate marketers too. But Amazon typically pays between 3% and 11% commissions on sales their affiliates make. On smaller items this amounts to very little and it’s much more difficult to build a viable business from this kind of model than with high ticket digital products.
Access An Online Business System
You can access an online business system and product range through these free video series. Sign up by clicking this link.