F.A.Q.

Affiliate marketing is an interesting business model in which a company gives you a commission for advertising its products and services.

As an affiliate, you do not need To worry about stocking products, All you need to do is bring the right people of your audience to see your products.

In the marketing world, we have two types of product sales. High ticket and Low ticket. As the name implies, High ticket offers are premium products costing easily over $1000 and upwards but whose commission payouts are also very high as easy as $1000 per sale.

Low ticket offers are usually what you consider front-end products which are reasonably inexpensive and can go as high as between $97 – $297 or more but rarely over $497 as then it is entering the high ticket range.

The trend of most marketers these days is to promote high ticket offers since they require the same degree of effort to promote as low ticket offers but with enormously larger payouts.

The most significant difference between the affiliate marketing business model and the MLM model is that with most MLM (Multi-Level Marketing) models if not all of them, one has to not only buy into the program but in some cases has to purchase product monthly.

In affiliate marketing, however, an affiliate is being paid to promote an offer for which when sales are generated he is paid a percentage of the sale called a commission.

It should be noted that with some affiliate offers vendors do require affiliates to buy into the product but are then given the rights to resell as often as they wish and keep 100% of the profits.

MLM programs also require that associates or distributors sometimes called build teams or small networks in which the scenario often portrayed is one of a triangular structure or pyramid and it is this structure that often sees many associates being frustrated as the money often then flows up to the top while those at the bottom are struggling to make any money at all.

The upside though is that if you have a well-managed team of driven workers with the right mindset, you can accomplish outstanding results. But because of the model involved, again the one at the top benefits and individually that same process has to be repeated for each member if they too will benefit and this is all be it not usually the case.  

Although affiliate marketing does not involve you having your own products for the purpose of selling, you’ll still need certain tools to assist you in your marketing.

Here are some tools you will need. Some are Free, but then others are paid meaning they will cost you to acquire them. As an affiliate, you’ll need to have a bit more than a laptop and internet connection. You’ll need a domain name & hosting, an autoresponder, and a tool you can use to build or create a lead magnet. This may sound like a lot to have but this is a business and you have to start correctly or end drastically wrong.

To your advantage, the tool that you can use for the autoresponder I linked to can also be used to create your lead magnets. But I also linked to another new tool which for what you would need to start off is actually free. Check them out.