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| View Poll Results: Would you promote a product with a $14 commission? | |||
| YES, I would if it was good quality. | | 56 | 78.87% |
| NO, I wouldn't promote it. | | 15 | 21.13% |
| Voters: 71. You may not vote on this poll | |||
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| | LinkBack | Thread Tools |
| | #1 |
| Mindset for Success War Room Member Join Date: Oct 2005 Location: California
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Hey warriors, I'm about to launch a new product on clickbank and I'm struggling over the price point. I want to offer my ebook at $19.95 because I think it will convert higher that way. I'm wondering if affiliates will be enticed to promote a product for a $14 commission. Especially when there are similar high ranking products in the marketplace offering $30-$40 commission. Let's assume the conversion rate was about the same as the product with the higher commission. Thanks, |
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| | #2 |
| Copy Daddy War Room Member Join Date: Jan 2007 Location: Miami, FL
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Probably not... a recurring $14/m commission, maybe. But not $14. Cheers, Brian |
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| | #3 | |
| HyperActive Warrior Join Date: Feb 2008 Location: Miami, Florida, USA
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| Quote:
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| | #4 |
| Mindset for Success War Room Member Join Date: Oct 2005 Location: California
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Thanks for the feedback! I guess the real reason I'm asking is because I wouldn't promote it for a $14 commission myself. Just simply because of the low commission. |
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| | #5 |
| HyperActive Warrior Join Date: Aug 2008 Location: United States
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Yes I would if the quality was good and the I thought the sales letter would convert good enough mx |
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| | #6 |
| Senior Warrior Member War Room Member Join Date: Feb 2007 Location: UK
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I wouldn't, UNLESS I had a big list and your product was really good quality - at least then I'd be guaranteed to make some sales. Otherwise it probably wouldn't be worth it.
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| | #7 |
| HyperActive Warrior War Room Member Join Date: Aug 2008 Location: Delaware, USA
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Hi Aaron, I guess I would be operating off a different criteria. My questions would be: How good is the content? How good (conversion rate) is the sales page? Is it something that people would say to themselves, "Wow, I got a great bargain on that one!"? Do I have a potential to sell a lot of this product? (many people looking for this?) If I could make up in volume what I lose in amount per sale, then I'd do it. Adam |
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"I can" is much more important than I.Q.
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| | #8 |
| a quiet warrior War Room Member Join Date: Sep 2007 Location: SoCal
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You're saying that you'd select the lower price point because you think it will convert better and at the same time saying to assume the same conversion rate as the higher priced product. It has to be one or the other, no? Given equal product quality it doesn't make sense to me to promote a lower priced product that converts at the same rate. |
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| | #9 |
| Senior Warrior Member War Room Member Join Date: Aug 2006 Location: U.K
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If the niche had very low competition and it was a product that solved a huge problem, therefore loads of sales I would promote it no problem. I have a product that is only slightly more expensive and it sells like hot cakes! |
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| | #10 |
| I'd Rather Be Blogging War Room Member Join Date: Dec 2007 Location: MD, USA
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Well, I would. Heck, I still do $1 e-mail submits every now and then. The key is to SCALE. 1,000,000 $1.00 e-mail submits = $1,000,000!...and there is very little that the user has to do! |
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| | #11 | |
| Mindset for Success War Room Member Join Date: Oct 2005 Location: California
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| Quote:
Obviously if it offered the same quality and value as the $50-$60 products it would convert higher at the lower price. | |
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| | #12 |
| Mindset for Success War Room Member Join Date: Oct 2005 Location: California
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Need more data... Please vote.
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| | #13 |
| Advanced Warrior War Room Member Join Date: May 2006 Location: , , United Kingdom.
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If it fitted my list's needs and it was a good product - then yes I would.
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| | #14 |
| Professional Writer War Room Member Join Date: Nov 2005 Location: Ontario, Canada
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I'm currently selling a product that only gets me $8 per sale. I don't promote it. The page is sitting on my server somewhere and people find it somehow. It's one of those no-brainers. No work, but you get paid. How nice is that? Why am I not promoting it? Because I have related products that bring me $37 per sale. By having his $8 product on my page, my visitors were choosing his cheaper product instead of the more expensive one. As a result, I made less money overall. So I removed the product from the listings, but kept the unlinked review page. Given the choice, I might put your product on my site but I probably wouldn't put much effort into promoting it unless it was a hot, easy seller. Sylvia |
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| | #15 |
| Active Warrior Join Date: Sep 2008
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I would not promote it myself. I look for at least $20 if not more. Carol |
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| | #16 |
| HyperActive Warrior War Room Member Join Date: May 2007 Location: Osaka, Japan
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If it converts I would promote it.
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| | #17 |
| Licensing Pro War Room Member Join Date: Aug 2007 Location: Springfield, MO
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A few months back I would have said no, but I have been making a killing lately off of a program that pays right around that.
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| | #18 |
| aka PotPieGirl Join Date: Feb 2007 Location: NE Atlanta, GA, USA
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I certainly would! That comes with the usual disclaimers of... IF it is good, and IF it provides value, etc etc etc. Granted a $14 commission doesn't leave much to play with PPC-wise, but a free campaign? You bet! |
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| | #19 |
| Mindset for Success War Room Member Join Date: Oct 2005 Location: California
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Great feedback so far... Thanks! |
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| | #20 |
| Licensing Pro War Room Member Join Date: Aug 2007 Location: Springfield, MO
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| That's a good point I forgot about. I was bidding pretty high to make that $13 sale, so I went on an SEO frenzy and got ranked really high... now almost all of the sales are pure profit which makes the $13 a lot sweeter.
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| | #21 |
| HyperActive Warrior War Room Member Join Date: Feb 2008 Location: Tennessee
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You must have some great back end products to be paying out $14.00 in commissions. That will only leave you $5.95 to pay CB & PP fees. Can you not get more for your product? Dixie |
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| | #22 |
| Licensing Pro War Room Member Join Date: Aug 2007 Location: Springfield, MO
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| Maybe he is going for a long-term business model... build a list of proven buyers. It is much smarter to lower prices to get buyers in the door b/c they will keep your paid for years to come (assuming you treat them right).
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| | #23 |
| formerly annoyedgirl War Room Member Join Date: Nov 2007 Location: USA.
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If it was a good product I would. I would rather promote a good product with 14 commission than a crappy one with 40 commission.
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| | #24 |
| World Freedom War Room Member Join Date: Aug 2006 Location: USA
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Yes - depending on the market. I promote several others around that price point. |
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| | #25 |
| Senior Warrior Member War Room Member Join Date: Oct 2006 Location: San Francisco, CA
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I look offering my list good stuff so if the report is really good I wouldn't have a problem even if my commission is low. Builds my relationship with my list. So I think with smaller list owners you won't have a problem. Someone with 10,000 list or whatever maybe they wouldn't. You might consider using RAP and offer your affiliates 100% to add proven buyers to your list. Just a thought. |
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| | #26 |
| Jeff War Room Member Join Date: Jan 2003 Location: Ottawa,Canada.
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Aaron, can you offer an upsell where you sell a Premium package for say $47 or $67 and throw in something additional such as an audio version of your ebook, an audio interview series, a 1/2-hour group coaching call, etc...? At least then your affiliates have the potential of 50% or higher that they will earn a $30 + commission, but your customer still has the option of purchasing the basic package as well? Jeff |
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| | #27 |
| THE Ebook Writer War Room Member Join Date: Aug 2008
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I wouldn't. too much work... unless, as someone said before I get that every month |
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| | #28 | |
| Micah Rush Join Date: Aug 2008
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| Quote:
If your in a niche that has almost no other products for aff to promote, then your product will be a blessing for them becuase they have nothing else! But, if its in a packed niche, lets say "make money online" for an example, Then there are HUNDREDS of other pruduts for them to promote, and they will promote someone else's even if its not as good, simply because they will make more money. Which is there goal... So it really depends on the market or niche. Hope this helps, Micah Rush | |
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| | #29 |
| Senior Warrior Member War Room Member Join Date: Jun 2008 Location: Hungary
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Hi Aaron, No, I don't. Why? Because lack of informations on about - the niche - the quality of product - the demand of the audience - the tools helping the selling - the conversions rate I'd like to note in general, if I cannot earns min a $20 then it isn't worth deal with it, because the workload is same if you can make $14 only or can make $20 or over. On the other hand if your eBook has fantastic quality and you priced it at least $29.95 and you offer 75% commission what is $22.46 then it will be considerable. I know from my experience that the difference is not much in conversion if purchasers see the quality of your product. Hope it helps to make clear my stadpoint. Good luck, Sandor |
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| | #30 |
| 20DayPersuasion.com War Room Member Join Date: Mar 2005 Location: , , .
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Conversion rate is more important to me than the commission amount. I've been promoting a product with an $8 (40%) commission. The results have been so much better than most other affiliate products I promote. |
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| | #31 |
| HyperActive Warrior Join Date: Jul 2008 Location: , , Malaysia.
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Guess I would accept $14 COMMISSION. On the contarary i would focus on selling as much as i can the more i sell the more money i make. If lets say you are able to sell 100 books/m at $14 then u get 1400/m.as a side income its good enough.. |
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| | #32 |
| Full Time IMer War Room Member Join Date: Aug 2005 Location: United Kingdom
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For me it doesn't matter what the commission rate is. If the product is something that can help my subscribers take their business forward then I'll let them know about it. NO MATTER WHAT THE COMMISSION RATE IS. If I can earn some nice commissions in the process then it's a bonus. Too many marketers think about the payout and neglect their subscribers needs. John |
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| | #33 | ||
| Senior Warrior Member War Room Member Join Date: Jun 2006 Location: USA
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Aaron, IMO you should ignore the poll results. Because you've already answered the question with your own comments... Quote:
Quote:
The only reason for the poll, then, would be to seek permission for something your gut tells you not to do. That's still not going to change the outcome. | ||
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| | #34 |
| Karim Join Date: Jul 2008 Location: New York
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I would promote a product with a $14.00 Commission as a lead generator. Then I would market higher priced products and services on the back end to my customers/clients.
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| | #35 |
| HyperActive Warrior Join Date: Jan 2006 Location: , , United Kingdom.
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Aaron my friend, follow NASA's lead ... NASA engineers say: "1 test is worth a thousand expert opinions". Use Adwords to split test the 3 or 4 classic price points - 17/27/37/47/67/97. Yes 97 too - see below*. This test is quick and decisive - let the market tell you. Oh and just because the quality may be as good as the more expensive books, it doesn't mean it will convert better at the lower price point, for 2 reasons: 1- * You cannot get away from the fundamental human psychology (or flaw) that higher price = higher quality 2- the classic mistake of all affiliate marketers is to think the customer will be swayed by product quality - nope! Not a chance. The customer nevvvver sees the product. All he sees, before buying, is the sales letter. In your case the affiliates too will judge you by price (& they won't even consider the sales letter which is their big mistake). So they won't know that you have a better product that WILL convert better at a lower price. How could they! Listen even you/we don't know, which is why we're debating it here! I hope this helped Sami |
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| | #36 |
| Clockwork Hamster King War Room Member Join Date: Dec 2005 Location: Beautiful Downtown Osaka, Japan just minutes away from all the Sushi, Okonomiyaki, and Izakayas
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Aaron I would hesitate to promote a CB at $14, but would promote a $7 Secrets or RAP item. With CB, I only promote big buck because I can only get big cheques from them due to my hassles banking them. |
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| | #37 |
| Drunken Greek War Room Member |
I don't anything wrong with promoting low-cost products. I do it all the time and make the difference up in volume. There's nothing wrong with promoting high-end products either - but simply disregarding something becase of the low commission seems like you're leaving money on the table. You also can't get away from another fundamental human psychology, which is perceived quality at a greatly discounted price. Just walk into a Wal-Mart to see what I mean. |
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| | #38 | |
| BIG WordPress Fan War Room Member Join Date: Apr 2007 Location: United Kingdom
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Take one of John's products for example, it's his Mentorship Monthly, each month it costs $10. You get 50% commissions. I enjoy getting the $5 commission each month, but I also enjoy getting something more for another product! I feel I've done something right, and someone has enjoyed the information I've provided, so they want to thank me in some way or another! ![]() Just my 2cents worth though! Thanks Mark | |
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| | #39 |
| Senior Warrior Member War Room Member Join Date: Dec 2007 Location: St. Louis, MO
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It all depends on the demand for the product.
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| | #40 |
| Active Warrior Join Date: Aug 2008
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If there is a fit for my list and it is a good value, heck yes I would promote it. The main thing would be to determine if if the the value it would give my subscribers is worth it. Not everything has to be a home run. |
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| | #41 |
| Fanatic Warrior Join Date: Aug 2008 Location: Kuala Lumpur, Malaysia
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I would even promote a $7 product, if it's good, and has demands.
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| | #42 |
| Active Warrior Join Date: Sep 2007 Location: London, United Kingdom.
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I wouldn't have a problem. If I thought the product was good quality and it would be helpful for my list, I'd tell them about it. I don't choose my products to promote according to how big the commission is.
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| | #43 |
| Lookin at You.... War Room Member Join Date: May 2008 Location: Out Of My Mind - Brandy Too
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I answered YES.. Because if it is a good enough product... I'd have no problem selling it.. BUT That was before I saw it was Clickbank.. sorry dude.. I'd have to say no.. Peace Jay |
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Bare Murkage.........
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| | #44 |
| Warrior Member Join Date: Nov 2008
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I would give it a try if it was a good product. I would need more information to determine that. If it is a product that isn't moving/converting, then it may not be worth the effort. It's not so much about the commission as it is how well the product is going to sell.
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| | #45 |
| Fighter - I Never Give Up War Room Member Join Date: Feb 2006 Location: Australia
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Id recommend charging as high price point as possible, if you want affiliates to follow through.
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"I'm bi-winning....I win here and I win there"
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| | #46 |
| Internet Marketing Buddy Join Date: Sep 2008 Location: Santa Barbara, CA
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Sure, depends on the Quality and how easy it would be to promote it, as in list only etc. But for driving PPC traffic, anything under 20 bucks is a but low to cover the costs. |
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| $14, commission, product, promote |
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