Tag: recurring income affiliate programs

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Recurring Commission Affiliate Programs

It was a long time before I found out about recurring commission affiliate programs. Before that I was promoting small valued products for a tiny commission. Little did I know that recurring commissions could have made my life so much easier.

Recurring commission affiliate programs are the best programs to use because they let you earn income from referrals, rather than a single commission. So long as your referral maintains their membership, or keeps subscribing to the software, you’ll continue to get commissions.

Recurring Commission Affiliate Programs

recurring commission affiliate programs

If you know about recurring commission affiliate programs, you should also know a few other key strategies too. Top affiliate marketers use these key concepts to increase their income potential:

  • Multi-tier sales
  • Up-sells
  • High Ticket Products
  • Product ‘Suites’
  • A Built in sales team
  • And of course subscription products (recurring commission affiliate products)

Let’s take a look at why using these strategies together is one of the best ways to build a sustainable online business.

Recurring Commission Affiliate Programs – Multi-Tier Sales

recurring commission affiliate programs

If you’re going to spend your time building an online business. You may as well pick the best business model for your success. This means using the right strategies from the get go. I struggled online for years because I simply didn’t get this! Multi-tier sales allow affiliate marketers to earn another income stream from their referrals.

Each time your members make a sale, you earn a commission. Think about building an online business which has a huge team of people. If you got paid each time they make a sale, that’s another income stream which is completely automated. This program offers multi-tier commissions depending on how you position yourself in the business system.

Recurring Commission Affiliate Programs – Up-sells

recurring commission affiliate programs

Up-sells are sales made to your existing customers after your have referred them. You know McDonald’s has a saying “do you want fries with that?”. Well, that’s an up-sell. The customer is already there at the counter, they’ve already made a purchase, they are very likely to upscale their purchase to include fries or a drink etc. In fact existing customers are a great source of income for most businesses. They are already in your ‘store’ and buying from you. Up-sells make sense for any business model, so you should include up-sells in your online business too. It’s another source of income for an affiliate marketer.

Amazon, as an example doesn’t do this.  After the cookie period has worn off, your customer could spend a lifetime shopping on Amazon and you’ll get nothing. That’s because they don’t acknowledge you as the referral for later sales. You don’t get rewarded again and again every time your customer returns. In this sense, Amazon wins a lifetime customer, but you only get a single commission. Using affiliate programs with up-sells makes sense, if you want to build a long term sustainable business from the internet. Check that any recurring commission affiliate programs you choose have up-sells, to get the most for your efforts.

Recurring Commission Affiliate Programs – High Ticket Products

recurring commission affiliate programs

High ticket products are another worthwhile addition to recurring commission affiliate programs. With high ticket, you can earn $1000+ per sale. That’s so much better than earning $40 for a sale. If you think about an internet business and your scope for a global audience, it makes sense to use higher valued items. Low ticket items might very well have a larger audience, but you’ll need to sell thousands of low valued items in order to make the same commissions as just one high priced item.

If you work smart online, you’ll be targeting just those people who are more likely to value what you have, regardless of its price. A small adjustment in your marketing tactics can have far bigger results with high ticket products, than with smaller priced items. High ticket products also allow you to use paid advertising more effectively because you can offset your costs more quickly. You can also scale up your business model more easily and quickly with paid advertising strategies.

Access a high ticket program here.

Recurring Commission Affiliate Programs – A Product “Suite”

recurring commission affiliate programs

A “suite” is a range of products which offer more and more value. Apple has a product range which could be called a ‘suite’. Apple’s products range from an iPhone to an iPad , an Apple Tv, a MacBook and iPod’s and so on. If Apple had an affiliate program which offered to pay you every time your referral bought another item from them, it’d be an awesome program. Unfortunately they don’t! However, here’s a program which offers a product suite.

By referring someone into a sales funnel and selling an introductory item, you can benefit from later sales to your referral. With most affiliate products, this isn’t possible. You only get paid for each individual sale. With a product suite, you benefit from low level ‘starter’ products right up to high valued seminar type products which sell for up to $30,000+. You can earn an $8000 commission on some of these type of products (depending on your positioning).

Recurring Commission Affiliate Programs – Built In Sales Team

recurring commission affiliate programs

Here’s another concept which can make a huge difference to your online business. Having a built in sales team closing sales on your behalf, can make all the difference to your bottom line. After you have referred an initial sale, and your customer books a call, a built in sales team will follow up with them and offer them other products. As they move through the business system, they will be offered several other products which may be of value to them. If they purchase a later product, you get credit for the sale, even when you only referred the initial sale. 

A built in sales team is perfect for the kind of people who don’t see themselves as sales people and/or they don’t want to personally sell.

Subscription Products – Recurring Commission Affiliate Products

recurring commission affiliate programs

Subscriptions come in the form of memberships or software. A membership website can offer ongoing value much like a piece of software. Aweber, for example offer an auto-responder service. This is a vital piece of software for any online marketer. They also offer their affiliates an ongoing subscription commission. This means one sale of their program can not only give you a commission for the sale, but an income, potentially forever! 

Subscription products also include online training memberships. As long as your referral maintains their membership, you will continue to receive commissions based on your initial referral. This is really quite exciting because it means you can get paid for doing the work once. You’ll continue to get paid over and over again for a single referral. As you refer more and more customers to a subscription product, you’ll increase your monthly income each time you refer someone new.

Access A Recurring Commission Affiliate Program

recurring commission affiliate programs

Access a recurring commission affiliate program which has the benefit of all of the above commission structures and has a built in training and education platform and online community. Sign up for the 7 day video series here. 

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How To Build A Subscription Based Website

Wondering how to build a subscription based website? Subscription products are the way to go with an online business. They offer ongoing value and of course ongoing commissions. But what are the best subscription products for your website? Can you build your own, or are you better off using other people’s subscription products?

How To Build A Subscription Based Website – Traffic

Before we get into getting a website up and running with subscription products in it, there’s the small matter of marketing. How will you market your website? If you’re using your own products, will they sell? I say this because the first mistake I made online was to expect people to come running to my website once I had launched it.

Even if you have a range of top notch products in your sales funnel, you’ll still need traffic. Not just any old traffic either. You’ll need targeted, “buying” website traffic. You know, people who don’t just think you have a good product, but desperately need it in their lives. That’s the kind of traffic you want! Do you know how to do this? Perhaps you already do in which case you should skip this section.

If you’re wondering how to build a subscription based website, you’re wanting to earn an income online, most likely. This requires more than just having a good range of products. You need to aggressively market your sales funnel. This will either take a long time, or a lot of cash, depending on your particular route.

Paid traffic and free traffic are two different animals. Paid traffic is fast, free traffic is slow and time consuming. Checkout me ebooks on these two topics: Niche blogging for profit, and The Ultimate Guide To Online Marketing.

How To Build A Subscription Based Website

What products are you going to offer your customers? Why will they keep paying for your services? Building your own subscription based products is very difficult. That’s why it is far better to use existing products within a product range. By using a business model known as affiliate marketing, you can earn 40% commissions on sales through your own sales funnel, without having to create any products of your own, or even have to speak to a customer.

Why have a sales funnel? Can’t I just sell directly from my website? Yes and no. The main problem with trying to sell from your website is that no body knows who you are. They have only around 10 minutes or less to make a buying decision once they land on your website. If you get them to opt in to your sales funnel, you can build a relationship and promote products to them over the weeks, months and even years to come.

Checkout the video below by clicking on the image:

how to build a subscription based website

How To Build A Subscription Website – The Sales Funnel

The sales funnel is an important part of a subscription website. As you can see in the video, you can easily have a website up and running in a matter of minutes. The website building software above also comes with a fully integrated product suite and a built in sales funnel. You can access this software by signing up to the free video series here.

A sales funnel with a product suite can give you:

  • The ability to sell high ticket products and earn 40% commissions on sales you make
  • Commissions from up-sells – products bought later by your existing customers
  • Subscription Product Commissions – Memberships, Software etc.
  • Multi-tier Commissions – Depending on your buy in level, you can earn commissions based on sales made by your referrals.
  • You can make sales long after someone subscribed to your list, even years later.

Why High Ticket Products?

Subscription products give you a good business model which allows you to make ongoing commissions. Combine this strategy with high ticket products and you have an even better business model. Why? Simply because a high ticket product within your sales funnel allows you to recoup your advertising costs and scale up more quickly by using paid advertising.

Lower valued products, and even some subscription products won’t allow you to use paid strategies because you’ll struggle to recover your costs on lower valued products. This means you’re stuck with free advertising methods which can take a long time to work.

Subscriptions are a game changer when it comes to an online business model. So are high ticket products and up-sells. Up sells are basically products you can offer your existing customers. They are higher valued products within a product range. If you can use a business system with both subscriptions, high ticket and up-sells, your chances of success are much higher than with a single product.

How To Build A Subscription Website – Other Considerations

So if you’re going to build a website, it’s best to use both high ticket items which include up-sells and subscription products too. This gives you a few income streams from the same activities. There’s another factor too and that’s multi-tier sales. If you can sell an online product which has multi-tier sales commissions it means you can earn from the sales made by your referrals. This is another income stream and available depending on your positioning within a business system.

Learn more and access a digital business system and online training and education platform.This will show you how to build a subscription based website with the features detailed below:

  • Up sells
  • High ticket products
  • Multi-tier sales
  • Built in sales team
  • Commissions products (memberships)
  • A customised and ready made website and sales funnel system

Access this free video series to learn more and get started.

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Recurring Income Affiliate Programs

Recurring income affiliate programs give you an income from each of your sales. You can earn an ongoing income every time you make a sale. As long as your affiliate referrals continue their memberships, you continue to earn. By choosing recurring income affiliate programs to promote as an affiliate, you have a much better chance at building a long term and sustainable business, as an affiliate.

Recurring Income Affiliate Programs

Programs such as website hostings, autoresponder programs and even online training programs offer recurring incomes to affiliates. Recurring income affiliate programs can make all the difference when it come to making a success from an affiliate marketing business. Instead of promiting products which only pay you once, choose products which continue to pay out again and again. This is one of the ‘secrets’ which top affiliate marketers use to their advantage.

 

recurring income affiliate programs

Recurring Income Affiliate Programs – Other Considerations

As well as choosing affiliate products which enable you to make monthly commissions, there are some other considerations which can enable you to earn more from the products you promote. Monthly commissions are a great idea, but if you can also choose products with a number of other income streams attached, you can keep earning again and again for products you have already sold.

Choose High Ticket Products

recurring income affiliate programs

High ticket items let you earn larger commissions when you sell an affiliate product. Instead of choosing low value items at around the $100 mark, choose items valued much higher at around $1000. This has a number of benefits besides the obvious larger commissions:

  • Using paid advertising is much more realistic – smaller valued items don’t give you as much leverage when using paid advertising. With a high ticket item you can afford to spend more before making a sale because your sale recoups your advertising spend more quickly.
  • This makes your business mode scalable. Paid advertising is far more easily scaled up than content creation.
  • Scaling up to larger incomes is much more attainable. With lower valued items, turning your income up into the multiple figures is more difficult. You need to shift far more products than with high ticket items. 10 sales at $1000 per sale can give you an affiliate commission of $4000 at 40% commission. You would need to sell ten times this amount of $100 products for the same commission.
Choose Products Which Reward You For Up-Sells

Multiple income streams can also come from later sales closed by the vendor. Many affiliate programs don’t offer this to their affiliates. They get more customers from affiliates and then up-sell to the customer, but they often don’t reward the affiliate for the later sale. This is a huge form of revenue.

Think of McDonalds with their slogan “Do you want fries with that?” or Burger King “Do you want to go large?”. Small value or even larger value ‘add-ons’ make up another income stream from your existing customers. Choosing affiliate products which reward you (the affiliate) for later sales closed by the company gives you another form of revenue from existing customers. Recurring income affiliate programs can reward you both from memberships and from up-sells too. If you choose high ticket products to promote you earn more from the initial sale aswell as from additional income streams.

More Recurring Income From Multi-Tier Sales

With this company you can also partner with their founders to earn income from multi-tier sales. This is another income stream you can have if you position yourself at the very top of the program.

Multi-tier sales means that you can earn not only from membership products, add-ons and high ticket products, but also from the sales of your team of referrals. This is similar to network marketing where you can build a huge team of people and generate revenue from sales made by your team. Your position in the company will determine how much you can earn from multi-tier sales. See the chart below for some of the commission rates.

recurring income affiliate programs

Recurring Income Affiliate Program – Built In Sales Team

As you can see there’s plenty of other revenue streams which you can use to generate income with certain affiliate products. If you also choose products which have a range of high ticket up-sells you can benefit greatly from a built in sales structure – a sales team closing sales on your behalf.

For high ticket items this should definitely be a consideration. If you have a range of products built in to your sales funnel, and sales are being closed by an automated sales team, you can earn more simply by selling the basic level product. As your customer travels through the system, they are offered other products automatically by the sales and customer service team.

Learn more and access a range of high ticket products which have:

  • Built in sales team
  • Up-sells from which you earn affiliate commissions
  • Multi-tier sales – depending on your positioning in the business
  • Recurring income affiliate program (Membership products paying you monthly commissions for sales generated)

Access a video series here and learn more.

Recurring Income Affiliate Programs Vs. Basic Affiliate Products

Many affiliates atart out with digital products simply because they pay 40%+ commissions. That’s a much higher mark up than most physical products you can sell as an affiliate. However, what most affiliates miss out on is recurring income. They choose digital products from clickbank and the like and promote products which will only pay them once. This is a big mistake. Simply by choosing products which reward you again and again, you can earn much more and build a much more sustainable business.

Same Work More Money

Although it may be easier to sell a low value item on the internet, you still only get paid once. You must sell over and over again in order to make it profitable. This means doing the work again and again. That same amount of work can be used to generate sales of much better products – products which pay you a recurring income. If you target your audience correctly, build content and advertise, you will be doing much the same amount of work for much larger rewards. With paid advertising too, it’s much easier to scale up your online business with these kinds of products. 

Access an online education platfom, a community of online entrepreneurs and get started with a modualar based training course. Sign up here for a free video series and access the course through any of the videos.