This is one of those ‘insider secrets’ that many of the top affiliates do not reveal. The fastest way to become a better affiliate will be to start creating your own products. It may seem like a Catch-22 situation.
You got into affiliate marketing to avoid product creation… and yet, to really do well as an affiliate, you should create your own products. That said, there are thousands of affiliates who make 5 to 6 figures a month solely from affiliate promotions alone. They may not have their own products. Generally, such powerful affiliates are rare.
By creating your own products, not only will you make money from sales, but you’ll also build a list of buyers. This is imperative to succeeding in this business. It’s very easy to build a list of freebie seekers and tire kickers who will just clog up your list and increase your autoresponder list costs – but it’s the buyers that you need to focus on.
The best way to have a buyer list is to sell your own products. This will also give you some credibility and authority in your niche. It doesn’t matter if you’re promoting digital or tangible products. You can always create a digital product such as a report, planner or even training course to complement what you’re promoting.
If you’re promoting bodybuilding supplements, creating a bodybuilding guide and selling it could earn you quite a hefty sum too. The book may have affiliate links to supplements that you recommend. From there you’ll get more sales too.
If you have a gardening site that promotes gardening equipment, a guide that shows how to create compost might sell hundreds or even thousands of copies. All these buyers will go on your list. You may then promote guides that show how to grow roses or other flowers faster and better.
Your list has already shown an interest in an info product. It only makes sense to recommend them a few more. Buyers who are passionate about their interest will lap up every product that catches their interest. This is a hungry crowd… and having your own product will help you tap into this group better as an affiliate.
To make things better, guess what you can do with your product?
You can allow other affiliates to sell it. Now you’ll have others promoting your product too. In fact, several of the other affiliates may have their own products that they’re selling. You will be able to network with them and promote their products too. Now you have contacts and can form mutually beneficial partnerships to boost your sales.
Having products of your own gives you immense leverage and opens up opportunities to you that you wouldn’t normally have. Do not make the mistake that so many affiliates make – fearing product creation.
Even if it takes you 3 months to create your own product, that will be time well-spent. The efforts you sow in product creation will yield profits many times over in the future. Always play the long game and your affiliate commissions will soar. You’ll never look back after that.
Do you own and sell your own products? Let me know by leaving a comment below or sending me an email with our contact form.[avatar user=”mike” size=”thumbnail” align=”” link=”file”]Mike Gaudreau is the owner of The Wealthy Boomers, a site devoted to helping seniors make money online. Mike resides in Montreal Canada.[/avatar]