Affiliate Marketing: What is Affiliate Marketing?, Affiliate Programs and Products for 2022
Interest in affiliate marketing has remained relatively consistent, according to Google Trends, since 2004. With more consumers shopping online, it stands to reason that more website owners and bloggers are looking for high-ticket affiliate products to offer their audiences.
To assist you, we have compiled a list of high ticket affiliate programs with some of the highest payouts in their respective industries.
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What exactly is Affiliate Marketing?
Publishers can earn a commission by promoting products and services from other advertisers to their audience through affiliate marketing. Publishers, as well as people with websites, blogs, email lists, and social media audiences, will share specially coded links to affiliate products in order to drive leads and sales to an advertiser's website.
It's ideal for people who want to add a revenue stream without having to create a product, manage product inventory, or deal with post-sale customer service and support issues.
What are High Ticket Affiliate Programs (the highest paying affiliate marketing programs)?
Publishers who participate in high-ticket affiliate programs will typically spend less time attempting to promote a diverse range of products. Instead, they concentrate their efforts on a few affiliate products that pay out higher-than-average commissions.
Publishers who make money through popular affiliate marketing programs such as Amazon Associates, for example, can promote an almost infinite number of products. Commissions are calculated based on the type of product purchased after clicking on your affiliate link, with percentages ranging from 1% for video games and groceries to 10% for luxury beauty items and Amazon Coins.
Publishers can promote CRM, marketing automation, and sales software through a high ticket affiliate marketing programs like Keap. Keap will pay you up to $250 if someone signs up through your affiliate link. If you can get two signups per month for their high ticket products, you can add $6,000 to your annual revenue stream through affiliate marketing.
Recurring commissions are offered by other high-ticket affiliate programs, such as Kajabi. When a customer signs up for a subscription plan for Kajabi's all-in-one online business platform, you will receive a 30% commission ($35 – $199) for each month they remain a customer. In this scenario, if you can persuade three people to sign up for one of their larger plans for a year, you can add an extra $7,100 ($199 x three customers = $597 per month x 12 months) to your annual revenue stream through affiliate marketing.
Where Can I Find High-Ticket Affiliate Products?
In addition to the previously mentioned Keap and Kajabi, the following are high ticket affiliate products that you can promote to increase your affiliate marketing revenue.
1. Lucidpress
Rate of commission: $20 – $300 per sale
Pricing is divided into three tiers: $0, $10, and $12 per user per month. A fourth tier called Business is likely to be more expensive, but prices are not disclosed.
Cookie Lifetime: Unknown
Advantages:
- They are unquestionably an industry leader in their field.
- A plentiful supply of resources for affiliates
Disadvantages:
- Extremely competitive market with free or low-cost competitors
Lucidpress is a brand design and publishing platform that enables businesses to quickly and easily create professional content. You can earn up to $300 for each new customer who signs up for their services.
2. Kinsta
Commission Rate: $50 to $500 per new customer, plus a 10% recurring monthly commission for the life of the referral's membership.
Pricing: Monthly plans range from $30 to $1500. Members who prepay for the year receive two months free.
Cookie lifecycle: 60 days
Advantages:
- Because WordPress is one of the world's most popular website platforms, professional WordPress hosting is a growing industry.
- Because Kinsta created their own affiliate program software from the ground up, support should be excellent.
Disadvantages:
- Due to the high churn rate, recurring commissions should not be expected.
Kinsta provides managed WordPress hosting for companies that require dependable, high-performance web hosting. You can earn up to $500 for each customer who purchases a hosting plan within 60 days of clicking on your affiliate link. Furthermore, you can earn a 10% recurring commission for each month that your signup remains a Kinsta customer.
3. FreshBooks
Rate of commission: up to $10 per lead and up to $200 per signup
Pricing: The first three months are $4.50, $7.50, and $15 per month (70 percent off for new customers), then $15, $25, and $50 per month after that. A fourth tier called Select is likely to be more expensive, but no prices have been published.
Cookie Lifetime: 120 Days
Advantages:
- A healthy $200 commission.
- Pays for leads who sign up for the free trial even if they do not become paying customers.
Disadvantages:
- A highly competitive market with free or low-cost competitors.
- The affiliate program is managed by Share-a-Sale rather than Freshbooks directly, which can result in complicated customer support.
FreshBooks is a popular invoicing and accounting software for small businesses. If someone becomes a paying FreshBooks customer within 120 days of clicking on your affiliate link, you can earn up to $200 per signup.
4. Authority Hacker
Commission Rate: Up to $990 in commissions per signup
Pricing: These are premium training courses that cost $1000 or more to join.
Cookie lifecycle: 60 days
Advantages:
- A very high commission rate, as well as lifetime commissions on all future purchases made by your referrals.
- Ample resources and training are available for affiliates.
Disadvantages:
- Highly competitive market with no-cost or low-cost competitors.
- Strict approval criteria include a minimum monthly traffic requirement and one required sale within the first 90 days.
AuthorityHacker provides premium training for both new and experienced marketers looking to build successful authority websites. You can earn nearly $1,000 per qualified sale of their flagship course, AuthorityHacker Pro.
5. WeWork
Rate of commission: $500 to $5000 per new contract signed, with commission based on desk count (see image above)
Pricing: Rental costs vary greatly depending on location, size of the space, amenities, and the number of required desks. Commissions, on the other hand, are solely based on the desk count of the referred contract.
Cookie lifecycle: 90 days
Advantages:
- They are unquestionably an industry leader in their field.
- Those you refer benefit as well: they receive one free month for every 12 months they keep their rental.
Disadvantages:
- This is a highly competitive market with lower-cost competitors.
- The industry's future is uncertain as a result of the pandemic and the dramatic increase in work-from-home opportunities.
WeWork rents out offices and workspaces to businesses that require flexible working environments. The more desks your referral requires, the more money you can make when they sign up for a new contract.
How to Choose the Best High-Ticket Affiliate Program
How do you pick the best high-ticket affiliate products for your affiliate blog or website? It is critical to get to know your audience. In terms of products and services, what is your target audience most likely to spend money on? Would they be more willing to buy a high-priced one-time purchase or one with monthly payments or recurring billing?
Once you've come up with some ideas, look for affiliate products with the best reputations in your niche. It will be an easy sell to your audience if you choose a high ticket affiliate product that "sells itself" with great benefits and solid reviews. If you can find related high-ticket affiliate products to recommend as alternatives, you'll earn a commission regardless of which recommendation they choose!
Last Thoughts
If you want to be a successful affiliate with high ticket affiliate products, the key is to select the one that best matches the interests of your target audience. This will ensure that you can monetize your blog posts, emails, and social media in a profitable manner.
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