Affiliate Marketers: What would it take for you to promote a $7 product?

42 replies
A lot of people scough at the idea of promoting something that they are only going to get a couple of dollars for.

What would it take to get you to promote a $7 product?

100% commission? Monthly recurring commission? 50%? 75%?

These days, especially with the economy the way it is, IMers seem to be flocking to the higher priced items and leaving the lower priced items in the dust.

What are your thoughts?

Thanks,
Al
#product #promote
  • Profile picture of the author Bill Farnham
    Allen,

    How many $7 products does it take to buy a Ferrari?

    I haven't done the math, yet...:p

    ~Bill
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    • Profile picture of the author Allen Graves
      Originally Posted by Bill Farnham View Post

      Allen,

      How many $7 products does it take to buy a Ferrari?

      I haven't done the math, yet...:p

      ~Bill
      Just one, Bill.

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    • Profile picture of the author maswed
      J started with 7 -10 dollar but now I sell products and gains more than 80 dolllars one
      There are lot of systemes who can help in it and very easy to follow
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  • Profile picture of the author jdjenkins
    I think low priced items, and free ones for that matter, are ideal to promote - not especially for their cash value, but for building a list or at leat as part of an upsell process. So the $7 would just be (hopefully!) the beginning of a larger sales funnel,

    best wishes,

    Jon.
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  • Profile picture of the author TimG
    Al,
    Funny you should mention that because I'm looking over my inventory of sites that promote evergreen products and quite frankly I'm planning to drop the prices on all of my niches outside of IM.

    Examples would include get your ex back products, seduction products, poker related products, yeast prevention products...Etc.

    I'd much rather sell 3 yeast prevention ebooks at $14.95 or $17 for every ebook I am able to sell at $37. I've been finding that those lower price points actually move more products and have a lower refund rate if any at all.

    Mind you I'm talking about products I personally own. My gut tells me that more then likely for a $7 a 100% commission would probably be needed to get my interest depending on what the niche topic was.

    I'm honestly getting a bit burned out promoting and selling $37 acne prevention ebooks for a 50% when I know I can sell more of my own acne products at $17 with 100% commission.

    Hope that made sense.

    Respectfully,
    Tim
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  • Profile picture of the author sbucciarel
    Banned
    It would take approximately $7 for me to promote a $7 product. Yes ... I'm guilty. I leave those couple of dollar commissions alone. Too much work for too little.
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    • Profile picture of the author werner77
      Basically, I put in the same amount of work for a $7 product as any other product, so I stick to $20 plus commission items as the return is far better and more worth my investment of time and money.
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  • Profile picture of the author yemane101
    if you would like to i would promote it for you. send me an email @ yemane101 @ gmail.com
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    • Profile picture of the author Allen Graves
      Originally Posted by yemane101 View Post

      if you would like to i would promote it for you. send me an email @ yemane101 @ gmail.com

      I don;t have anything to promote right now - but thanks.

      I am looking to future endeavors.

      Allen
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  • Profile picture of the author hitman786
    Nothing wrong with promoting a $7 product but we must know first how much potential does it have and would it give us return of our work or just a waste of time.
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    • Profile picture of the author Allen Graves
      Originally Posted by hitman786 View Post

      Nothing wrong with promoting a $7 product but we must know first how much potential does it have and would it give us return of our work or just a waste of time.

      Thanks hitman - but that's what I'm asking...

      What potential would you want to see? What return would you look for?

      AL
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  • Profile picture of the author Jason Jensen
    Hey Allen,

    Have you looked at RAP? I've been thinking about using this because the products I promote are all shorter reports priced between $7 to $17. I find actually make more money doing this than by promoting a $37 or $47 product. Because people will buy a report once a week. Little do they think about at the time, it's slowly adding up. After all, who wants to read a 200 page ebook anyway.

    But back to your op. Try RAP. Sure you're not going to be getting any money out of having people promote your products, but you will get that ever so valuable "buyers list" created.


    JJ
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    • Profile picture of the author Allen Graves
      Originally Posted by Jason Jensen View Post

      Hey Allen,

      Have you looked at RAP? I've been thinking about using this because the products I promote are all shorter reports priced between $7 to $17. I find actually make more money doing this than by promoting a $37 or $47 product. Because people will buy a report once a week. Little do they think about at the time, it's slowly adding up. After all, who wants to read a 200 page ebook anyway.

      But back to your op. Try RAP. Sure you're not going to be getting any money out of having people promote your products, but you will get that ever so valuable "buyers list" created.


      JJ

      Thanks Jason - what is RAP? I'm unfamiliar with that.

      AL
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      • Profile picture of the author getsmartt
        what is RAP? I'm unfamiliar with that.
        Rapid Action Profits - a very nice affiliate script - think 7 dollar script on steroids
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    • Profile picture of the author hjalte81
      Originally Posted by Jason Jensen View Post


      But back to your op. Try RAP. Sure you're not going to be getting any money out of having people promote your products, but you will get that ever so valuable "buyers list" created.


      JJ
      You could also take a look at the 7 dollar script, pretty decent script to handle sales and affiliates.
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    • Profile picture of the author TimG
      Originally Posted by Jason Jensen View Post

      Hey Allen,

      Have you looked at RAP? I've been thinking about using this because the products I promote are all shorter reports priced between $7 to $17. I find actually make more money doing this than by promoting a $37 or $47 product. Because people will buy a report once a week. Little do they think about at the time, it's slowly adding up. After all, who wants to read a 200 page ebook anyway.

      But back to your op. Try RAP. Sure you're not going to be getting any money out of having people promote your products, but you will get that ever so valuable "buyers list" created.


      JJ
      JJ,
      Agree with you completely.........most of my non-IM niches seem to sell better at a lower price point and I'm OK with that because $17 earned is better then no piece of $37.

      Are you seeing success with evergreen products or strictly IM related material.

      AL - Not meaning to hijack the thread just wanting to explore this topic a bit further with your blessings of course...

      Respectfully,
      Tim
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  • Profile picture of the author Kelly Verge
    If the product was excellent for the price, and was a great match for one of my lists, sure.

    A great product at a great deal is exactly what we should be passing on to our friends (subscribers).
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    • Profile picture of the author Allen Graves
      Originally Posted by Kelly Verge View Post

      If the product was excellent for the price, and was a great match for one of my lists, sure.

      A great product at a great deal is exactly what we should be passing on to our friends (subscribers).
      You are so right, Kelly...and I'm glad there are still people out there that think that way. You deserve a great big THANKS for that.

      Unfortunately, those with big lists these days could care less about the quality of the product. They just want to know sales ratios, commission percentages and click through rates.

      It's a shame...

      Allen
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  • Profile picture of the author OfferJunkie
    I'd probably say that I'd need 100% commission to promote a $7 product. I agree that a lot of people are gearing towards higher ticket items but you'll be able to shift a ton more at a lower end price and if it's decent quality, your refund rate will be next to nothing.
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  • Profile picture of the author globalpro
    Allen,

    I know a lot of the RAP vendors will use the low dollar products as list builders and getting people into their sales funnel. If you pay affiliates 100%, they can do well with a decent product. I know our RAP chat group comes through with some decent stuff fairly cheap, and a simple mailing does well for them.

    Thanks,

    John
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  • Profile picture of the author JHandy
    In my particular niche, I would promote a $7 product via PPC marketing and use those funds to re-invest in more advertising to generate leads to market to forever. The focus to me would not be so much as to how much I made on the front end, it's the list that I'm creating that would make all the difference in the world.

    Jerry
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  • Profile picture of the author steveo
    I personally like lower cost affiliate comissions..why? Cuz they sell more often usually it depends on your niche..maybe it is a good make money online e-book that people will actually buy.

    I wouldn't mind 25-50% commission for these
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    • Profile picture of the author Tina Golden
      Allen,

      Since you mentioned the $7 price point, is there any hope of this possibly being your new article promotion membership? Because I would promote it for any size commission that you put on it. It's a perfect fit with a couple of things I'm working on.

      Honestly, I'd promote it at least some just because of the worth of the product (with no affiliate program) but I wouldn't mind seeing an affiliate program

      Tina
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      • Profile picture of the author Allen Graves
        Originally Posted by TMG Enterprises View Post

        Allen,

        Since you mentioned the $7 price point, is there any hope of this possibly being your new article promotion membership? Because I would promote it for any size commission that you put on it. It's a perfect fit with a couple of things I'm working on.

        Honestly, I'd promote it at least some just because of the worth of the product (with no affiliate program) but I wouldn't mind seeing an affiliate program

        Tina
        Hi Tina.

        Now you know I can't answer that question!!!!! LOL

        I guess now the question would also be - is there an affiliate software product or service out there that caters to monthly subscriptions?

        NOT CLICKBANK!!!!

        Allen
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  • Profile picture of the author rondo
    Why is it just $7?
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  • Profile picture of the author Branlan17
    If they had a super high conversion rate... but it wouldn't be worth the time unless I could sell 4 per day with the same amount of traffic I needed to sell a product that paid out $25-$30 commission.
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  • Profile picture of the author mlord10
    To promote a $7 product it would have to be a good fit for my subscribers, having a high commission %, and also have a great sales page in order to yield a high % rate. I recently promoted a product within the IM niche that had a cost of $9.97. I received a 100% commission on this product from the vendor, and it converted at almost 10%. So, if you do the math on that I earned nearly $1 per visitor on that product... Not too bad.

    It mostly comes down to the numbers, and each marketer is going to look at things from a slightly different angle.
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  • Profile picture of the author Sheila Atwood
    I have promoted $7.00 products that give me 100% commissions and commission on the upsell. I think they are run by RAP.

    Doing this gives you some advantages. You have affiliates promoting your products. You make money on the upsell and you build your list all at the same time.
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  • Profile picture of the author Allen Graves
    Thanks everybody.

    I'll take a closer look at RAP and $7 scripts.

    Allen
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  • Profile picture of the author Rod Cortez
    Originally Posted by Allen Graves View Post

    A lot of people scough at the idea of promoting something that they are only going to get a couple of dollars for.

    What would it take to get you to promote a $7 product?

    100% commission? Monthly recurring commission? 50%? 75%?

    These days, especially with the economy the way it is, IMers seem to be flocking to the higher priced items and leaving the lower priced items in the dust.

    What are your thoughts?

    Thanks,
    Al
    My 3 cents,

    I would never promote a $7 on it's own unless I used it as a loss leader or a complimentary product as part of an autoresponder series or on a content-filled website or blog. A recurring commission would definitely be more appealing. I know a guy who pays $20 for every $7 product he sells because he has an extensive back-end strategy which includes higher priced products and services, so he only really eats it on the front end.

    RoD
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  • Profile picture of the author charlesartist
    $7 per sold product, $5 per CPA lead, 25 cents for an adsense click; It all depends on if you can get enough targeted traffic to the offer. If a hundred people will buy a really great short report for $7, that's better than 12 buying a $47 ebook.

    I used to work in a retail store (ages ago LOL). The store owners always had lots of lower priced items near the entrance. Little affordable things that got people to decide to buy before any of the higher priced items caught their eye.

    RAP Bank has lots of these opportunities and they almost always have a more expensive upsell usually giving you 100% of the $7 book and 25-50% on the upsell item too. I would rather promote a higher ticket item, but if a $7 product looked really great AND it had a decent OTO on the back end, I wouldn't necessarily pass it up.
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    • Profile picture of the author Sid Hale
      There's a good answer for you, Allen...
      Originally Posted by charlesartist View Post

      Bank has lots of these opportunities and they almost always have a more expensive upsell usually giving you 100% of the $7 book and 25-50% on the upsell item too. I would rather promote a higher ticket item, but if a $7 product looked really great AND it had a decent OTO on the back end, I wouldn't necessarily pass it up.
      100% commissions on a $7 front end, with a good OTO where the affiliate can also make a decent percentage should motivate most affiliates who see your offer.

      Throw in instant commission payments (automatic with RAP products), and you've got a win-win for both you and the affiliates.
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  • Profile picture of the author Mokai
    50 perecnt conversions lol! with 100 percent upfront and 50 percent recurring
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  • Profile picture of the author globalpro
    Allen,

    RAP also offers the members add on and PayPal add on for recurring billing.

    Thanks,

    John
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  • Profile picture of the author JayXtreme
    A decent product Oh, and a decent sales page.

    It only has to serve the needs of my niche, and convert fairly well on your page...

    Not too worried about the back end, I can add something extra myself after the initial sales.

    I don't look at too many of the really lower priced products, but I do have many of them on my tracking system. Because they often pop up in a niche and are perfect to ease people into buying mode

    Peace

    Jay
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  • Profile picture of the author Alan Petersen
    If it's really good, I promote. I even send good stuff to my list that is free. I like to mix in low-cost and free quality stuff with the higher priced.

    So what would it take for me? For it to be very good. If I know the person behind it even better. Less vetting to do.
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  • Profile picture of the author gambit
    Some other people have already said it:

    Its about quality.....but also about making sure that it can be profitable.

    Is it a 7 dollar product that is a slam-dunk, no brainer sell?

    If the answer is YES, we move on to the break-even analysis.

    Regardless of how awesome the product is, if it's costing me an average of 8-10 dollars to acquire a customer, I'm dropping the 7 dollar product like a hot potato.

    IMHO that's why higher priced products are so much more popular: the buying power you have is incredible.

    If my product costs $500, I can spend 4 dollars a click at a 1% conversion rate and still make money.
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  • Profile picture of the author Ken Leatherman
    Hmmm $7.00? If it fits my customers needs, is a good solid product, has a decent sales and converting page. I would promote it.

    Look at this way, say it was 75% = $5.25, sure as heck would beat the heck out of an AdSense site paying less than $1.00 per click. Especially as I would be doing the necessary work needed to drive traffic. As well as promoting to my list.

    Ken Leatherman
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    • Profile picture of the author Bill Farnham
      Originally Posted by Ken Leatherman View Post

      Look at this way, say it was 75% = $5.25, sure as heck would beat the heck out of an AdSense site paying less than $1.00 per click. Especially as I would be doing the necessary work needed to drive traffic. As well as promoting to my list.
      Hi Ken,

      Perhaps I read this wrong, but just for clarity's sake (mine), on par a $5.25 commission derived from a link similar to Adsense would yield an average of around $0.10 a click assuming a 2% conversion rate.

      ~Bill
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      • Profile picture of the author Tom B
        Banned
        I wouldn't promote a $7 item. To me that is way to cheap to send my list over to someone else.

        You should be able to increase the value of your offer to get more people to promote.
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  • Profile picture of the author Sarah Russell
    Something that:

    A) Is of good quality and provides value for my members
    B) Converts well
    C) Offers 100% commission on the $7 product as an intro to backend offers that convert well and offer smaller percentage commissions.
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