How To Make Money With Affiliate Marketing And Digital Products
How To Make Money With Affiliate Marketing And Digital Products
In the internet marketing world, probably the most popular form of products are digital books, videos and software. The reason is quite simple: the return on investment and time is almost incredible. This is why internet marketers love to promote and create digital products.
There are two basic ways of making money with digital products. The first one is to create a product yourself, the other one is to just choose a product that you can promote as an affiliate. Here is the breakdown of both ways and their pros and cons:
1) Creating your own digital product
The creation process here is pretty straightforward, especially for info products like ebooks and instructional videos. The most popular ebooks on the market range anywhere from 40 to 300 pages, which means that it depends greatly on what kind of a problem it deals with and what kind of an audience it caters to. Video courses are often even simpler to create and can be done even as screen capture videos, for technical videos.
After the product creation, a sales page and graphics have to be created, which can easily be accomplished in a quality way for less than $100. After that, all that is left is product promotion. Here is where we find the greatest asset of product creators - affiliate partners.
Affiliates promote the product for a piece of the commission, which means that the sales come on virtual autopilot if you decide to create an affiliate program for your product. This can be easily set up with sites like Clickbank and PayDotCom.
2) Promoting a digital product as an affiliate
As an affiliate, you get a completed package and your only responsibility becomes to promote the product. Some vendors have commissions set as high as 75%, which means that you can make a pretty decent income by promoting other people's products.
Affiliates don't have control over the changes that the vendor can make to the sales page, the product or the interaction of the customer with the vendor, but this also means a greater amount of freedom and no support hassle. You are free to spend your time promoting the product, while you leave the vendor to take care of all the technical and support issues.
In any case, digital products are a really gem to promote, whether they be yours or someone's elses. Whatever the situation is, you need to be aware that only with a good promotion tactic can you make any substantial amounts of money online.
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