Feb 11
28
The Right Product To Make Money
1 Comment
So what type of products should you choose to sell as an affiliate? Well, I can’t exactly tell you which products on ClickBank that I have chosen to sell as I do not want additional competitions in my niche. However, this is what I can tell you. Choose a product that you really want to buy too! If you are not convinced about the effectiveness of the products that you are trying to sell, what would your potential customers think? Would they believe in your products? Would they want to buy it?Next, your ideal product should sells for around $47 and pays at least 70% in commissions. Why? Let me quickly work out the maths for you. You will receive $32.90($47 X 0.70) for each such product that you sell. However, your net profit comes after you have deducted the cost of advertisement.
Typically, for a hot product that is in demand by the market, every 100 – 120 clicks on your Facebook Ads by your potential customers should generate at least one sales for you. At maximum $0.20 per click, your advertising cost per sales would be about $20 – $24. Let’s take $24 as your advertisement cost. Your net profit in this case is $32.9 – $24 = $8.9. That is actually a 37% return in investment for every $24 that you spent! If you manage to get the cost of advertising down to $20 per sales, that will be an impressive 65% return in investment for your advertising dollars!
Of course, initially, while you are testing out and finding the correct niche market for your products, you might not make that much. When you find the right market for your product, you can slowly increase the adverting dollars spent and gradually increases your daily profits!
This is not too bad knowing that you have set up an automated business system that allows you to achieve this while you wait for your checks to be sent to your mailbox!
