By Will Yap
Online affiliate marketing can be a big money maker or simply a huge time waster for beginner internet marketer. Everyone wants to make money from affiliate marketing, unfortunately, only a hand full of people succeed at it. How is this possible? The people that make good money from affiliate marketing understand the secret money making strategy. What is this golden strategy?
Surprisingly the secret strategy is very simple. To start off, you should choose at least 3 affiliate products. Don't misunderstand, you will just recommend one primary affiliate product as the front-end offer. You maintain the other 2 for the rest of your profit pipeline.
These affiliate products should be in different price range and commission type. Choose one affiliate product which is a "low ticket" item, one "higher ticket" item and at least one product that generates passive income for you.
The first product will be the lead product or front-end that you will be promoting from your landing page and first email series. The second product will be the back-end product that you promote to your list of existing subscribers. Obviously your back-end product should be higher priced than your lead-product and generate a higher commission for you. Finally, the third product should be a passive income program. Preferably, it should be a monthly subscription membership program and you earn monthly recurring commissions.
To make money from online affiliate program is all about following the profit strategy. You need a lead product that is low price and easy to sell. You will also need a back-end product to promote to your existing customers. Lastly, your ideal customers will sign up with a subscription-based program that you have recommended thus providing you with monthly residual income.
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