Difference b/w Affiliate Marketing and High Ticket Affiliate Marketing. How it should be done?
Have you ever heard of the word affiliation through an influencer? Did you ponder, why is this influencer is putting so much emphasis on purchasing this product? Here’s the answer, most of them are affiliations but some are there pure recommendations as well. High Ticket Affiliate Marketing is also one of the marketing strategies through which products are being sold. It is a little different than your OG affiliation. How? You’ll find out in a bit.
In this article, we will find out what affiliate marketing is, how to earn by being an affiliate, comparison b/w affiliate & high ticket affiliate, some of its benefits and lastly how to become a high ticket marketer. Let’s Go!
What is Affiliate Marketing?
As the name suggests, it is a kind of a collaboration with the company’s marketing campaign. To crack it open for you! In affiliate marketing, you execute a performance-based marketing. In which you act as a bridge by bringing product or service face to face with the potential customer. In return as an affiliate marketer you earn little profit as a commission.
Affiliate marketing can be done through different marketing routes like social media platforms, websites, e-mails and blogs.
Getting Started with Google Digital MarketingHow Will You Make Money As An Affiliate?
Isn’t it interesting if you were told that you can make money without creating a product just by advertising for it? How is it even possible? Let me get it for you!
When a company approaches you with their product or service and you agree to showcase their product on your media of choice. You become an affiliate, it’s that simple. You will just be focusing on its promotional aspect.
Sometimes, companies do give their affiliates some kind of codes. If the buyer happens to buy the product via your advertisement and use that code while shopping. Buyer will get a discount and you will get a commission in return.
Affiliate Marketing VS High Ticket Affiliate Marketing
| Sr. No. | Affiliate Marketing | High Ticket Affiliate Marketing |
| 1 | Focuses on high degree of sales. | Focuses on smaller volumes of sales. |
| 2 | Normal Prices. | Premium Prices. |
| 3 | Quantity over quality or fair quality. | Quality over Quantity. |
| 4 | Targets everybody. | Targets specific audience. |
| 5 | Marketing includes personalized recommendations, podcast, etc. | Marketing includes case studies, pay-per-click (PPC) advertisement,articles & in-depth reviews. |
| 6 | Normal Goods. | Luxury Items. |
How High Ticket Affiliate Marketing Works?
This kind of affiliation is based upon the trust of the potential consumer as bigger amounts of money are involved. High ticket affiliate marketing earns more commissions than your simple affiliate marketing. That’s the only and major difference between the two.
The more something is valuable, in return, of being able to sell it. Your commission gets directly proportional to the price of the product – HIGHER! Being an affiliate, your commission extent depends upon the following factors:
- Price of the product
- Marketing Strategies
- Size of your Audience
- Your Tendency of Engagement & Establishment of Trust
- Your Content Quality
- Demand of Product
- Market Conditions
Advantages of High Ticket Affiliate Marketing
Increased Potentials of Commission
Due to the involvement of high value commodities, the subsequent revenue becomes higher as a result of the High Ticket Affiliate Marketing.
Confined Audience
The biggest benefit of this High Ticket Affiliate Marketing is that the target audience is very straightforward and distinguished. People who look forward to invest in high quality premium products are considered only.
Probability of Upselling
Due to a greater sum being involved, the buyers also might consider to invest in the complementary accessories or services with the purchased item in order to maximize the entire experience.
What is meant by High Ticket Affiliate Marketing Programs?
How can you become a High Ticket Affiliate Marketer? As its mere foundation is based upon trust, to become one you’ll have to get there through proper channel. Let me walk you through that aisle! For Example;
Shopify
Shopify is an e-commerce platform. As an affiliate you will persuade different entrepreneurs to use Shopify.
Commission Range: Up to One Hundred & Fifty Dollars
Advantage: Faster Approvals
Disadvantage: Commissions are relatively low (Depending upon your location)
Kinsta
Kinsta sells cloud hosting solutions. Affiliates with Kinsta always highlight their excellent customer service.
Commission Range: Approx. 10%
Advantage: Instant Approvals
Disadvantage: Pays via PayPal (it charges some money as a handling fees)
Conclusion
This style of marketing could be the way to go in the near future. As this fast paced world has recently shifted almost fully to an online shopping mode. The commissions to these affiliates are really fulfilling. But this marketing also comes with trust building and availability of your selective targeted audience. On that note, Best of Luck with your affiliations!
This brings us to the end for today. Kindly, sound off what do you think of this way of marketing? Thank you!
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