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

Allen,

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

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

~Bill

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.

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

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.

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

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.

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

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).

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.

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

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

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

Why is it just $7?

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.

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.

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.

Thanks everybody.

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

Allen

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

$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.

50 perecnt conversions lol! with 100 percent upfront and 50 percent recurring

Allen,

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

Thanks,

John

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

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.

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.

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

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.