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Category: Affiliate programs

  • Amazon Top Priced Products

    Will amazon top priced products have market potential?

    amazon top niche
    Amazon’s Top Niches

    Amazon have high priced products in their stores in many categories. Amazon have expensive watches with a 6 figure price tag. This watch ‘Patek Philippe Nautilus Moon Phase Blue Striped Dial Steel Watch 5712/1A-001’ is priced at $101,000.00 while writing this article.

    Philippe Nautilus Moon Phase Blue Striped Dial Steel Watch 5712/1A-001

    Do you believe that a fine art collection costs anyway around $2500 to $25000. This navigating painting below costs around $33,200.00 from ArtBarcs.

    How an affiliate can promote these high priced products?

    High priced products earn huge commissions to the affiliate. But how to promote them?

    • Be truthful while promoting these products.
    • Buy these products yourself and then give your views. it will pay off.
    • Other wise do a extensive research about the product an give users your opinion.
    • Inform technical information, customer support and pricing information. Try to give all possible leads where they can buy the product at lesser price or where are deals and offers. A small price difference for the same product matter.

    High Priced products in 2020

    • Virtual reality products: Online gamers require virtual reality headsets. In a study by statista, gaming industry in increasing in Asia Pacific region. In Asia pacific alone there were over 1.5 billion video gamers in 2020. So there is huge potential for VR headsets like Oculus Quest 2, Sony PlayStation VR.,Valve Index, HTC Vive Cosmos
    • Drones: Drone services started in military region and expanded to everyday use like door delivery of consumables. Imagine the potential of drone business. They are costly drone to the tune of 150 thousand dollars. DJI Inspire 2 drone costs $6,000, Xactsense MAX-8 costs $20,000, Airborne Drones Vanguard cots $45,000.
    • 3D printers: 3D printers are used in many industries. They are used in aerospace. Aircraft equipments manufactured using 3D printing technology reduces the weight of aircraft considerably. 3d printing technology is used in high end engineering, fashion design and many other areas. 3D printer will cost anything around Rs.20000 to Rs.50000.

    Who will buy most expensive items?

    Middle class people find it difficult to buy these costly products. Even rich and elite people will think twice before buying these products. But statistics says that there are 46.8 million millionaires worldwide. They hold a revenue of $158.3 trillion.. They can buy them.

    Passion is another reason why people buy expensive items. Sports lovers like to buy products that are signed by the sport’s personality. The high valued sports memorabilia ever sold are

    • Hank Aaron’s 755th Home Run Ball – $650,000: The ball hit by Hank Aaron’s 755th sold for an amount of $650,000 in an auction. . That is the credibility sports persons have in the minds of their fans. He stood as the champion of 1957 world cup an d holds the records – All-Star (21) and All-Star Game Selections (25). He hit the last of his 755 home runs in July 1976, at Milwaukee’s County Stadium. That base ball of Hank was sold for a fee of $650,000. Sports Memora 20 years later
    • Babe Ruth’s Jersey : Babe Ruth the base ball player hit his 500th home run in 1933. His Jersey was at auction for more than $1m (£746,000)
    • FA Cup: An anonymous buyer owned the Football Association Challenge Cup also called FA cup for a fabulous amount of- $956,000. Soccer is a old english game played first time in the year 1871-72. One of their 4 trophies was sold for the above amount.
    • Muhammad Ali’s gloves: The gloves of this american boxer was sold at 1,1 million dollars at his 70th birthday. Ali used these gloves in 1965 in the fight against Floyd Patterson. The proud owner of these gloves was UFC co-owner Lorenzo Fertitta.

    List of unbelievable purchases of celebrities:

    1. The helmet used in “Star Wars Episode V: The Empire Strikes Back”, by the actor David Prowse in sold for $898,420.
    2. e bay is a great auction place for celebrity items. John Schneider, the actor in “The Dukes of Hazzard,” used General Lee 1969 Charger, was auctioned at $9,900,500 on eBay in 2007.
    3. Famous actress Kate Winslet wore a dress in “Titanic”. This dress was sold for $330,000 in 2012.
    4. The jewellery collection of Elizabeth Taylor’s was sold for $116 million, a record amount in 2011

    Other categories priced high includes, Horse saddles. bicycles, telescopes, speciality camera lenses. generators, hot tubs, swimming pools jewellery, expensive fashion products, expensive luggages, paintings and fine art, expensive televisions, expensive lighting materials.

    Why people prefer amazon shopping

    • Amazon products cater to all sections of people. Products are available to middle class people to Hi-Fi groups. Their product list is as low as 12 million products under their own head and when added other sellers list, it reaches 350 million products. Unbelievable.
    • Amazon is a trust worthy shopping portal: Amazon shopping is safe nd secure. It has a powerful payment gateway and your personal and financial information is safe. Never they use the personal information in open market place. Read their verified seller details before purchasing.
    • Amazon online shopping portals exit in 14 countries and other courity visitors are directed to the nearest shopping portal.
    • Amazon enjoys Lion’s revenue share in markets: It is a public limited company with global presence and with around 560 thousand employees. Amazon total revenue as on 2019 is 280 million+ through online sales. They have small and medium scale business in around 130 countries.
    • Amazon other business channels: Amazon develops individual websites, They have software development centers. They have dedicated customer care center that works around he clock. Amazon web services (AWS) is an on-demand cloud computing platforms works on pay-as-you-go basis.

    To conclude the points of this article

    There are many products in amazon stores with unbelievable prices and there are buyers also. There are people who are crazy about celebrities used products like cricket bats, baseballs, trophies and trousers. Even the signature of celebrities have demand. There are real products like diamond, jewellery, cars, furniture with high price tag which middle class can not even dream. There is market demand for these products and they enjoy a major revenue share in business circles.

    Additional Resources:

    • https://market.us/statistics/e-commerce-websites/amazon/
    • https://prosociate.com/expensive-niche-products/
    • https://techboomers.com/t/is-amazon-safe
    • https://www.cloudways.com/blog/affiliate-products-to-sell/

  • Affiliate Marketing Networks Are Not Affiliate Friendly

    Affiliate is missing advertising fee due to poor affiliate marketing networks strategies

    If affiliate marketing networks answer the following questions they are affiliate friendly otherwise they are not. I tries to query google the following questions.

    1. how much revenue amazon is earning through affiliates
    2. how much income amazon is making through affiliates
    3. how much income companies are earning through affiliates

    There is no answer. No display what so ever with the above search. My idea is to know how much affiliates are contributing to the companies to promote their products are services? I do not why there is no statistics on this subject? But I got the clue. Working in the reverse way may offer me the answer. How much affiliate make through affiliate programs. If I calculate on a percentage commission he got through affiliate promotion, I vaguely get the revenue he or she earned to the company.

    Investopedia says in an article on affiliates contribution to companies as under

    The affiliate marketing industry is growing steadily. Statista reported that spending on affiliate marketing in the U.S. was predicted to reach $8.2 billion by 2022. That’s up considerably from $5.4 billion in 2017 and $1.6 billion in 2010.

    Another study from VigLink offers a closer look at just how much income affiliate marketers are making. According to the survey, 9% of publishers produced more than $50,000 in affiliate income in 2016. The majority of merchants—65%—said they were making between 5% and 20% of their annual revenue from affiliate marketing.

    65% of merchants said they were making between 5% and 20% of their annual revenue from affiliate marketing.

    In a survey by STM forum reveals the following fact.

    https://affise.com/en/affiliate-communities-forums/

    The above paragraph is give a synopsis on ” how much the brands are maling through affiliate contribution. Very huge. Why not they ease the work of small affiliates without wasting their time only building link.s> thay have more important ask to do? Promoting the link pages to visitors. This in view the I feel the brands or affiliate networks have to do much more than just giving a link page. They have to finish the tedious work of joining individual programs for all their locales and create individual links or if joining the individual programs is a must for th technical reasons, offer a ‘one link concept to all local networks. Amazon did a bit towards one link. But they did not extend to their entire network. I do not know why?

    Amazon top affiliates:

    This duo the Paula and Wanda are top notch amazon affiliates since 2003. This duo started their career as amazon affiliate program plan developers through their ebook. They use different tools to reduce their work of promoting the affiliate posts and use different plugins to do so. They have reached a stage now where they are helping others to follow their success path. They have ASMR Academy, ASMR HQ, ProBlogHQ.

    In warrior forum Gaz Cooper, a member wrote that Wanda duo displayed the largest Amazon Check for over $30,000 and he says it is real, not some screenshot that can be made in 5 minutes in photoshop. Imagine how much revenue they have earned to the main company.

    From stocking the selves for few dollars, Jim Harmer, started a small blog https://improvephotography.com,. Later he started many websites and blogs with the same interest for affiliate marketing. They are

    • PontoonGuide.com
    • IncomeSchool.com with my life-long friend Ricky Kesler.
    • EmboraPets.com: 100,000 pageviews per year
    • CamperReport.com: earns $10,000 per month in passive income
    • OutdoorTroop.com: 100,000 pageviews per year
    • DirtBikePlanet.com: earns around  $2,000 per month.
    • and more.They are experts in driving traffic quickly. Source:https://incomeschool.com/about-jim-harmer/

    Types of Affiliates

    In these reports above the affiliates are divided into the following categories.

    • Those who started their affiliate carrier are loosing money in terms of advertisements.
    • First level or basic affiliates are earning $300/day;
    • Experienced affiliates earn from $300/day up to $3,000/day;
    • Top level earn above $3,000/day;
    • Affiliate gurus earn around $10,000/day.

    Affiliate marketers contribution to affiliate networks – Proof above

    1. How are they helping international affiliates? Affiliates are bloggers and website owners. Their main job is developing informative content to the visitors. They become affiliate program to earn extra income. They are helping the companies to promote the products for a small commission. For example if the affiliate paid 1% commission for product that costs $100. The company gets more profit and saving on advertisements and promotions. Affiliate takes all the hard work.
    2. Why should affiliate join so many locale programs for the same network? Why not they make one login and they then redirect the visitors to their destinations?
    3. How they can protect the affiliate from affiliate link hacking and save their commissions?

    Affiliate programs are a way to earn passive income through advertisement fee. It sounds good. But when it comes to creating links for different geo locations, affiliates face real problem. Affiliate networks are spread around countries and affiliate will not know to which country the affiliate link snippet on search result reaches. Affiliate takes all trouble in developing the content to satisfy search engines to rank the article. Affiliate takes all care and crafts his topic to give unique information to the visitor. Brings the visitor to his webpage where he promotes the affiliate links. The problem starts now.

    The visitor clicks an affiliate link and reaches the promotor’s webpage. The visitor purchases a product and affiliate expects a commission for his hard work. But when he goes to his earning report he finds no affiliate earning recorded. He tries to find out the reason. Surprisingly he finds one or all of the the following facts

    • The visitor has purchased the product from a different network location for which the affiliate is not a member.
    • The visitor reached the network page through another country affiliate network. Though the affiliate is a member to that country’s network, the link through which the visitor reached the page is not same.
    • The cookie time expires. The visitor takes a decision to buy the product later but not on the time he reaches the promotor’s page.

    Let me explain the above situations in detail with some affiliate networks. Amazon affiliate program is a famous and popular affiliate network for earning passive income for a blogger. Any blogger loves to join this network and promote millions of products under amazon shopping malls. Blogger joins this network. Blogger goes all the way to allocate large budgets for amazon affiliate link page promotions. They create exclusive amazon stores for various products. He spends time and money to so many application and plugin developers to develop the product stores and promotion needs. Those developers do these services to promote amazon stores for a price. Thousand of developers are making huge revenues through these development jobs. But poor affiliate is mission his small commission after all the effort.. Why is this happening.

    Amazon affiliate earning conditions:

    Amazon has their affiliate programs in 12 countries – US, UK, Germany, France, Italy, Canada, Japan, Spain, India, Brazil, Mexico, China, and Australia. If an affiliate wants to earn advertising fee from all these countries (international earning) they have to join all locate programs and build links. Promote all links. Develop separate amazon pages for each locale and promote them through geo targeting. It may be possible for paid advertisements. For generic ranking of an amazon page informative content helps the affiliate and nothing else. Informative content that competes other affiliate articles will get back links and traffic. The visitors will be from different countries and there is confusion among visitors which affiliate link to click his desired destination. Visitors will not have patience to check their country link and reach the ultimate page. They are even not interested to promote an affiliate. Their goal is to buy the product. They will go straight to the amazon site without following the affiliate link. They may also click some link which will lead to different destination. Ultimately affiliate looses his revenue. Amazon made it easy with one link concept. It is great.

    Amazon one link concept
    One Link Concept by Amazon for affiliates

    But this one link concept will work only for US, United Kingdom, Canada, Italy, France, Spain, Germany, and Japan. How about other countries like India, Brazil, Mexico, China and Australia. Are not affiliates loosing these potential earnings? What is the solution for this dead lock from Amazon?

    Same story repeats for many other affiliates programs and networks. Hosting affiliate programs like bluehost, host ripples have two different programs for different countries. One for USA and other for India.

    Solution for this issue:

    As an affiliate I can suggest a solution. This solution helps affiliates to create more useful content and concentrate on promotion methods, instead of wasting time on affiliate link building and dumping different links for the same company.

    • Amazon affiliate program can extend their one link concept for all countries like India, Brazil, Mexico, China and Australia. Other affiliate companies also implement this one link concept.
    • All affiliate networks offer same size banner promotion scripts. Once again amazon network does not have affiliate banners with 486×60 size which is available for US affiliate network. Same size banners will help affiliate to create rotating banners for his blog or website.

    Affiliates are switching to other program ‘Drop Shipping’ – Why?

    Affiliates are slowly switching to drop shipping programs because of the advantages they have over affiliate programs. Here under are the basic similarities and differences between the two.

    Similarities:

    • No inventory storing hassles nor shipping products.
    • Good business models with less investment
    • Earning commissions depends on moel promotion techniques High earning potentials i both models
    • Easy to start and immediate results
    • Skill requirement is same for both models. Promotion technique are same.
    • Start up costs are low for both models

    Differences

    • Affiliates can not fix product prices while drop shippers can decide their own prices, This give huge margin of profits to drop shippers
    • Affiliates do not have hold on the brands they are promoting where as dropshippers have their own brand. Drop shippers have their own asset.
    • Affiliates can not retarget their audience because they send traffic to someone’s website. In drop shipping retargeting the visitors is easy and more efforts you put, the more yield you have.
    • In drop shipping business, you can develop your own team of affiliates to promote your products
    • In drop shipping you have your on stores, brand and products.

    To sum up the points:

    • Affiliate networks have to do lot more to publishers or associates or affiliates to release their time to create content.
    • They have to join and login for all there local networks and takes the steps to redirect the visitors to appropriate product or service page
    • If it is not possible to offer one link concept that Amazon did.
    • Amazon has to extend their one link concept to all other locale networks including India.
    • Better security platform for affiliates from link hacking treats.
    • Amazon has to raise their recently changed commission rates to encourage affiliates and not loosing them for different business like drop shipping.

    Useful Resources:

    • https://www.oberlo.com/blog/dropshipping-vs-affiliate-marketing
    • https://www.viglink.com/blog/2017/05/15/state-affiliate-marketing-survey/
    • https://www.statista.com/statistics/693438/affiliate-marketing-spending/
    • https://bloggerspassion.com/online-marketing-gurus/
    • https://www.bloggingcage.com/internet-marketing-gurus/
    • https://affko.com/blog/top-5-affiliate-marketing-gurus-on-youtube-learn-from-proven-marketers/