What Is High Ticket Affiliate Marketing and How Does It Work?
High-ticket affiliate marketing is a type of digital marketing that involves promoting expensive items with a high commission rate. This type of affiliate marketing is popular because successful marketers can earn £100+ from just one sale.
With high ticket affiliate marketing, it is possible to make a sufficient income from just a few sales per month. This makes it very appealing to people who don’t have much time to spend on marketing efforts or building up an audience.
In this guide, we will delve deeper into the ins and outs of high ticket affiliate marketing including what it is, how it works and the challenges to be aware of before starting. By the end, you should have a good idea as to whether or not this is the side hustle for you.
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This article has been written for informational purposes only. There is no guarantee that you will make any money from high ticket affiliate marketing in 2024. The information provided is based on several hours of extensive research as well as our own experiences of high ticket affiliate marketing.
What Is High Ticket Affiliate Marketing?
High ticket affiliate marketing is a business model where individuals promote and sell high-ticket (expensive) products or services for a commission.
The distinguishing factor of high ticket affiliate marketing is that the products or services being promoted and sold are of high value, often with price tags ranging from hundreds to thousands of pounds.
As an affiliate, when you successfully refer a customer who purchases a high ticket item, you receive a substantial commission in return.
In traditional affiliate marketing, individuals typically promote and sell lower-priced items, such as consumer goods or digital products, with lower commission rates.
On the other hand, high ticket affiliate marketing focuses on promoting high-value items, which may require a more targeted and personalized marketing approach.
While traditional affiliate marketing may involve higher sales volumes to generate substantial income, high ticket affiliate marketing offers the potential for fewer but more significant sales to achieve substantial commissions.
How Does High Ticket Affiliate Marketing Work?
High ticket affiliate marketing represents a sophisticated approach to the traditional affiliate marketing model. Unlike promoting low-cost items, high ticket affiliate marketing involves endorsing and selling high-value products or services, resulting in more substantial commissions for the marketer.
This strategy allows affiliates to earn larger payouts for every successful referral, making it an appealing option for those looking to maximize their earning potential.
How High Ticket Affiliate Marketing Works Step-by-Step
Step 1. Choose the Right Niche:
The first step of the process is to identify a high ticket niche that you could create content for. High ticket niches include health, tech, marketing, entrepreneurship, finance, and fitness.
Any niche can be ‘high ticket’ if you manage to find expensive products to sell.
Step 2. Find a high ticket product to sell
The next step involves finding a high ticket product that has a generous affiliate program. Look for commission rates of 50% or more to maximize the returns from each sale.
You can start your research with a simple Google search or, keep scrolling for 5 high ticket affiliate marketing programs that are suitable for beginners.
Step 3. Choose a platform
Once you have found a product to promote, you will need to choose a platform that can be used to share your affiliate links to an audience.
Email marketing, social media and sales funnels are popular options. As a beginner, it is a good idea to focus on a platform that makes it possible for small creators to reach large audiences. Pinterest is a great example.
Step 4. Create Quality Content
The next step of the process involves creating promotional content that can be shared on your chosen platform. This could involve creating Pinterest pins, writing email newsletters or even crafting blog posts.
Share new content every single day for a minimum of 3 months before analyzing your progress and potentially seeing results.
Step 5. Build traffic
In affiliate marketing, a good conversion rate is anything between 0.5 - 1%. That means that for every 100 people who view your content, only 1 person might buy the product that you are promoting.
The more traffic that you get, the more sales you will make. Once you have started your side hustle, you should spend time driving as much traffic as possible to your affiliate links.
What Are The Benefits of High Ticket Affiliate Marketing?
High ticket affiliate marketing offers several advantages for content creators looking to generate substantial revenue with fewer conversions. Therefore, it is considered to be one of the best side hustles for beginners to consider in 2024.
Generate substantial revenue with fewer conversions
Unlike low-cost affiliate products that require a high volume of sales to generate significant income, high ticket items yield substantial revenue with fewer conversions.
This means that beginners can focus on fewer quality leads and conversions, reducing the pressure of constantly chasing a large number of sales.
High-Ticket items come with established brands which are easy to promote
High ticket items are often associated with established, well-known brands that already have a loyal customer base and positive reputation.
This makes it easier for beginners to promote these products as the brand recognition and trust associated with the product can significantly ease the marketing process.
Additionally, established brands often provide extensive marketing materials and support, further facilitating the promotion and sale of their high ticket items for affiliates.
No need to have a huge audience
Another significant benefit for beginners is that high ticket affiliate marketing does not require a massive audience.
While low-cost affiliate marketing often relies on a large audience to drive a high volume of sales, high ticket items are targeted towards a specific audience with the means to invest in more expensive products or services.
This means that beginners can focus on building a smaller, more targeted audience, making it more manageable to cultivate meaningful connections and drive sales.
Drawbacks of High Ticket Affiliate Marketing
Although high ticket affiliate marketing can be lucrative, it is not the most suitable remote side hustle for everyone.
Here as an overview of the main drawbacks of high ticket affiliate marketing in 2024.
Difficulty of Entry
High ticket affiliate programs often have stringent entry requirements. This means that individuals looking to join these programs may encounter barriers such as reaching specific sales quotas, having a large audience, or meeting strict professional qualifications.
As a result, getting accepted into these programs can be a challenging and time-consuming process, especially for individuals who are new to affiliate marketing.
Picky Consumer Behavior
Consumers tend to be more discerning and cautious when purchasing high-value items. They are likely to conduct extensive research, read numerous reviews, and compare options meticulously before making a purchase.
This picky behavior can make it more difficult for affiliate marketers to persuade potential customers to make a purchase, requiring a higher level of expertise and persuasive skills to influence their buying decisions.
Lower Conversion Rates
High-end products or services generally have lower conversion rates compared to lower-priced items. This is due to the substantial financial commitment required from customers, leading to a longer decision-making process and a lower likelihood of impulse purchases.
As a result, affiliate marketers targeting these high-ticket items may experience a lower conversion rate, requiring them to exert more effort and patience to secure sales compared to those promoting lower-priced items.
5 High Ticket Affiliate Marketing Programs for Beginners
If high ticket affiliate marketing seems like it could be a good side hustle for you, the first step is to find a high ticket product to promote.
We recommend doing a lot of research into different programs and affiliate marketing best practices before making a final decision. However, here are 5 programs to consider that have a great reputation, generous payout rates, and are suitable for beginners.
1. Shopify
Shopify is an eCommerce platform that makes it possible for anyone to create and grow their own eCommerce store. The platform has a user base of over 4.8 million and has established itself as one of the most reputable online commerce companies to use.
The commerce platform is also one of the best affiliate programs for beginners. This is because the platform offers a recurring commission which means that affiliates receive payment every time that a customer’s subscription is renewed.
The commission rate is 20% of the monthly fee, which can be up to $150 per month.
2. Click Funnels
Click Funnels is a popular online tool that can be used to create sales funnels that drive traffic to websites. The platform offers a generous affiliate program through which affiliates can earn 40% of each sale that they make.
Although this platform offers a generous rate, it is difficult to get into. To become a Click Funnels affiliate, you have to use the software yourself and make at least $1000 dollars in sales.
3. WP Engine
WP Engine is a WordPress hosting software that could be a good product to promote if you are in the entrepreneurship niche.
The platform provides an affiliate program with commission rates of 35%. The program can be accessed through the ShareASale affiliate network and has fairly low entry requirements compared to the other programs that we have discussed.
4. Hubspot
Hubspot is a cloud-based software that can be used to improve the marketing efforts of companies. The software comes with a high price which makes it a very lucrative product to promote if you are in the marketing or business niche.
The affiliate program has a recurring commission rate of 30% every time that the customer’s subscription is renewed.
5. Amazing Selling Machine
Amazing Selling Machine is an Amazon training program that teaches people how to start their own businesses and achieve financial freedom. The program is considered to be one of the best on the market and has a good track record for providing a generous affiliate scheme.
The program offers a lucrative 50% commission rate and recurring lifetime commissions. This is another great product to consider for anyone in the eCommerce niche.
Conclusion
High-ticket affiliate marketing is a popular side hustle because it enables affiliates to earn high rewards from fewer conversions. In this article, we have taken a look at exactly what high-ticket affiliate marketing is and how it works.
Although high-ticket affiliate marketing offers potentially high rewards, there is no guarantee that you will make any money from this side hustle. Success requires a careful strategy and a good relationship with your audience. This can take a lot of time to accomplish.
However, during our research, we found numerous testimonials from beginners who have found success with this side hustle. The most successful affiliates promote products that they have used themselves and seen positive results from. This allows them to create authentic, trustworthy content that resonates well with their audience.
FAQs
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A high ticket affiliate marketer promotes expensive products to an online audience on behalf of third-party companies. Every time that a sale is made through their link, the affiliate marketer earns a commission on the sale.
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High ticket affiliate marketing is harder than it is made out to be online. To make a sale, you have to build a good relationship with your audience and produce high-quality content that builds trust with potential customers. This can take a lot of time to achieve.
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The highest paying affiliate products that we came across during our research were software products such as ClickFunnels and WP Engine. These products have a selling price of up to $400 wich makes them very rewarding to promote.
All of our articles are written to help our readers to learn about different side hustles, how they work and how to start earning money from them. Although we mention potential earnings, it is important to understand that there is no guarantee that you will make money from any of the side hustles that are mentioned on our site. Making money from a side hustle requires consistency and significant effort. While we aim to provide useful insight into each side hustle opportunity, it is down to you to follow the right steps towards making any profits.
About The Author
Ruby is the founder of The Rich Girl Guide and has been writing content around personal finance, side hustles and wellbeing for over 3 years. You can find some of Ruby’s published articles on The Motley Fool UK, Tradingplatforms.com and Buyshares.co.uk.