How to Start Affiliate Marketing STEP by STEP for Beginners! 2019

How to Start Affiliate Marketing STEP by STEP for Beginners! 2019

– In this video, I’m going
to teach how to start affiliate marketing step
by step for beginners. I’m going to be sharing
seven-plus years of experience on the best ways to get started. So if you’re wondering where
are the most profitable affiliate niches or what are
the best affiliate products to promote, or even, what’s
the best platform to use to get sales and customers,
then this is a video you definitely do not want to miss. So sit tight, grab your
popcorn, and stay tuned. Hey, what is up everybody,
ODI Productions here. And today I have an
amazing video teaching you how to get started with
affiliate marketing. This is probably the most
highly requested video. And I’m updating this for 2019
because there are some things that I have learned
along the way, and having seven-plus years of experience
with affiliate marketing and been doing this full time
for almost three years now back to back to back, I
have learned quite a bit during my journey and I wanna
share that with you today. So first things first, if
you’re brand new to the channel, my name’s Odi, I go by ODI Productions, I am an entrepreneur, I
am a passive income expert in the field of affiliate
marketing, and last but not least, I am an absolute car lover,
so if any of those sound good to you, make sure to subscribe,
hit the notification bell, and join the notification squad. Now, in today’s video,
basically I’m going to teach you the actual steps step by step
to start affiliate marketing for beginners, and I’m
actually gonna be sharing, what are the most profitable niches, what are the best affiliate
products to promote, what is the best platform to choose, so there’s quite a lot, so make sure you sit tight and you get ready for this. And if you’re smart, not only
are you gonna watch this video and take notes and listen
intently, but you’re also going to take action right after you
finish watching this video. If you were to watch this video and not take action afterwards,
it’s basically useless. So no matter what knowledge I
give you, make sure that you are taking action after you
watch this video to actually apply that knowledge that you
have just learned, alright? So that’s a litte tip for you guys. Anyways, if you’re brand new
to the channel, just a quick background about me, about 3
1/2 years ago I dropped out of my dream school, UCLA,
to pursue online business. So I did not have a college
degree, and I actually got fired from the only nine to
five job that I ever had. But with that being said,
in just three short years, I was able to go from
sleeping on the floor in L.A. as a broke college student
to living my dream life, getting to experience
fun things like going to the NBA Finals last
year, getting to to drive my dream cars every single
day, getting to live and wake up in my dream
home, and to wake up without an alarm clock and
getting to design my days. And I think the most important
thing out of all of this is just having the freedom to be
able to do what I wanna do, and today I am making content
for you guys to inspire, to motivate, and hopefully
educate you guys, and I really hope you guys take action from
what you guys learn today. So with that being said, let’s
talk about today’s video. So the first thing I wanna talk about is what is affiliate marketing. And I think it’s a lot easier for me to show you than to simply just tell you. So I’m gonna show you guys one of my first affiliate
marketing businesses. This wa actually my first
affiliate marketing website that I grew from zero to a
full-time passive income, over $3,000 a month passive income with Amazon Associates
during my college years. So this is, it’s a website where
I reviewed headphones. And if you scroll down and
you look at this content, you’ll see I have these Amazon
Associates links right here, so Amazon Associates,
and you’ll also see them on YouTube videos, here’s
one of mine, you’ll see those same Amazon Associates
links in the description. And Amazon Associates is
simply an affiliate program. It’s actually one of the oldest affiliate programs, started in 1996. And basically, it allows
you to link anything from Amazon’s Marketplace
as a affiliate link, and you can post this link
on your website, on YouTube, and if people click your link
and buy anything from Amazon within 24 hours, you get a commission. And the commission depends on
the category of the product. You can see it ranges from as little as zero or 1% up to 10% at the max. Now I’m gonnna get into
that in a little bit more, and I’m gonna talk about low
ticket versus high ticket, but just to explain affiliate
marketing, any time you guys see these links, you see these
links, and it’s from Amazon or it’s from another company,
basically all the biggest companies in the world
have an affiliate program. Apple, Amazon, Tesla, Bose,
Sephora, the list goes on. You can literally type
up on Google a company and then search affiliate afterwards to find these affiliate programs. But just to break things down, affiliate marketing is just referrals. You’re just recommending
products and services that you already love and you
already use to other people, whether It’s people on the
internet, whether it’s your friends, your family, and
you get paid a commission. Again, the commission
ranges from one to 10% for Amazon Associates, but
I’m gonna show you guys some products that actually
pay 30 to 40% or more. Okay, so that’s pretty exciting. Now that’s affiliate marketing. Now, why do I love affiliate marketing? Why have I been doing affiliate marketing for the last seven years? Basically, it comes down
to a few key factors. One, passive income. Affiliate marketing is one of
the few true passive income business models out there,
because you’re the affiliate. You’re not the company, which
means you don’t have to create your own products and
services, which is awesome. Especially considering myself,
I consider myself pretty lazy when it comes to having
to create my own products and services, which I’ve done
before, but to be honest, if I had to choose one or the other, I would rather just have an
awesome company with an awesome product or service and
just promote them instead. So it’s basically very hands-off. Since you’re not the company you’re only the affiliate, you only sell for them, you can just focus on marketing and sales. And that’s just one
aspect of the business, you don’t have to worry
about managing customers, customer service, dealing
with refunds, exchanges. There’s no headaches, there’s no hassle, there’s a lot that goes with
having your own company. And most people would probably
choose to just rather make money and make a full-time
living from selling than having to do the whole song and
dance of creating a company. And I know, as running a
seven-figure company myself, it is definitely a lot
of headache and stress that most people would
probably not want to take on. So with that being said, another aspect of affiliate marketing that I
love is having low overhead. You can invest as little as
you want or as much as you want in order to start this business
and grow this business. Now theoretically, you can actually start affiliate marketing for free. And I’m gonna teach you
guys how in this video. Now I don’t recommend
that you start for $0, because it’s basically the
slowest way to get results, but if you have at least 100 or $200, you can do a lot of things. You can create a full
website for less than $100. A website, it’s gonna be a
key asset in turning your affiliate marketing campaign
into an actual business. So with that being said, you
can invest that into either creating a website or you
can invest in software. If you wanna skip the whole website thing and go to software to
create landing pages, sales pages, to get you
up and running in no time. And I’m gonna share that
later in this video. So, you can spend as little
or as much as you want. Because at the end of the day,
since you’re the affiliate, there are no product expenses. So when you sell a
product as an affiliate, I don’t have to go to
Amazon and buy the product and then ship it to the customer. Instead, Amazon is the one who has to handle the fulfillment. Which means they handle the
customer, they handle the sales, they handle the refunds,
they handle the shipping and distribution, I don’t have
to worry about any of that. All I have to worry about
is people clicking this link right here and buying stuff off Amazon. Again, you get everything that they buy within 24 hours of clicking that link. You don’t have to replace the link, you don’t have to renew
the link and get new links. It’s literally the same link
that’s been here for years. For over two years, same
link, haven’t touched it. It’s still getting clicks
and still getting sales. So, with that being
said, that is why I love affiliate marketing, it’s a
win-win-win business model, because if you’re a company and you have an affiliate program,
it’s only gonna help you because you don’t pay affiliates
unless they make sales. Now that’s one of the
best forms of marketing that you can do for a company, when you don’t have to pay
unless you get results. It’s awesome from a company perspective. As an affiliate, you get to
make money without having to deal with the stress of
running your own company. And as the customer, you get hooked up with the best products and services. This is not drop shipping, these are not generic products from China. These are actual brand
name products that people are already buying, which
means that there’s already a market out there that
you as an affiliate can take advantage of and
just basically connect the customers with the right
companies and get paid. So with that being said, let’s move on to the actual step-by-step. But before we do that,
I just want to announce, I’m launching a free Facebook group called Affiliate Marketing
With ODI Productions, anyone can join, and I’m
actually gonna be going live this week, showing how I
took an affiliate product from zero to over $1,000
a month in monthly recurring revenue in just
one week, seven days. So I suggest you guys do not miss out on joining that Facebook group. There will be a link in
the description below, so make sure you click
that, join the group, and join in live, I’m gonna be answering your questions, interacting with you guys. And I’ve actually never gone live before, and I’ve never had a
public Facebook group. So there’s a first time for everything, make sure you guys check it out. Let’s move on to the actual
steps for affiliate marketing. So, the first thing I wanna
say before we get into this is that the first three steps,
which are choosing a niche, choosing a product, and choosing
a platform, are going to be the most important steps
out of this whole process. Now, I’m gonna give you guys an analogy. Basically, if you were to
become a professional athlete, and you got to choose what
sport you play and the position that you play, the thing is,
there are certain positions that get paid more than other
positions in other sports. So just to give you guys an example, if you guys wanna get paid, being an NFL quarterback
is a great way to get paid. Because the average NFL
quarterback gets paid millions of dollars and they get these
huge blockbuster contracts. Now, if you were to choose another sport that is not as popular
and not as profitable as let’s say football or being in the NBA, let’s choose professional lacrosse. And I’m not hating on lacrosse, I actually used to play
lacrosse in high school. I’m a big fan of the sport. But the professional
lacrosse player does not even make close to what a
average professional NBA player or the average NFL quarterback,
starting quarterback. And probably even second string or even third string quarterbacks at that. So with that being said,
the most important thing is choosing the right
sport and making sure you choose the right position as well. Because just by choosing
the right position and the right sport, you
actually separate yourself and you really put yourself
in another pay grade when it comes to being
a professional athlete, ’cause there’s levels to this. Again, a professional lacrosse
player versus let’s say a professional basketball
player in the NBA, and let’s say you’re a starting
point guard in the NBA, you’re probably going to
be making multiple times what a professional lacrosse
player’s gonna get paid. So, with that being said, the first step is actually choosing a niche. So, choosing a niche. What are the most profitable niches? I get this question all the
time, I’m gonna actually just answer that for you guys right now. The most profitable niches
in affiliate marketing by far are software and digital products. There you go. Now, there are other profitable niches. In fact, every niche can be
theoretically profitable. You can literally do
knitting as your niche and it can be profitable, but
the level of profitability is going to vary, and I
think that in my experience, software is the highest-paying
affiliate product niche, and the reason why is this. Software companies,
they have lower overhead than a brick-and-mortar or a
physical products company, why? Because when you create software one time, it can serve multiple, multiple customers. You create a software
one time, it can serve 10, 20, 200, 20,000, two million customers without much cost other
than your server costs. But everything is relatively low overhead. Versus let’s say if you
had a T-shirt company, you sell T-shirts, every
single time you make a T-shirt, you have to make a new one from scratch. And you have to pay five,
$10 to make the T-shirt, whatever it costs, but
you have to pay that every single time you make a
T-shirt, it doesn’t replicate. Software replicates very, very, very easy, and it does not add much cost when you add one more new customer. So software is allowed to
basically pay huge amounts of money to affiliates,
because they know that, because customers, when they buy software, they subscribe to a
software, they tend to stay a customer for many months if not years. And that lifetime cost is actually, or the lifetime customer
value, is worth hundreds of dollars, so they can pay
affiliates on the flip side hundreds of dollars as well
to acquire that customer. So that being said, software
and digital products. Now, what are digital products? There are digital info products that are very popular these days,
such as an online course. If some of you aspiring entrepreneurs are in an online course, chances are there is an affiliate program. And the affiliate program probably pays around 30% of a product’s sales. So if you’re selling a course that costs $1,000 as an affiliate, you get a sale, you get
$300 just like that. Okay, now I’m gonna give
you guys a concrete example of how much it takes to
make $300 with something like Amazon Associates versus
a high-ticket software. But with that being said,
software and digital products tend to pay around 30 to 40% commission. And some of these are monthly
recurring, which means, when you get a customer
to sign up under you, you get paid every single
month they remain a customer. You’re getting passive
income every single month, you don’t have to get a new customer. You can just stick to the
ones you already have. So that’s pretty cool. Now, I’m gonna move on to step number two, which is choosing a product. So you want to go with a
winning product that already has a history in terms
of affiliate marketing that other affiliates are doing well and there’s proof of it on the internet. Because this means that
that company probably invests into their affiliate
program to make sure that they are actually serving affiliates. Because there’re companies
out there that really do not care about their
affiliates and they do not care about their affiliate
program, and you can see it in the complaints,
people not getting paid, there’s maybe problems with the tracking, like let’s say you’re getting
a lot of clicks but you’re not getting any sales, maybe you’re
not getting paid on time, theses are all issues that
you can have as an affiliate. Luckily, there are companies
out there where they have very proven affiliate programs
and you can find affiliates who have made tens of
thousands, hundreds of thousands of dollars, from a
single affiliate company. And that just shows you that that affiliate program is very solid. So you wanna find some research, make sure that the affiliate
product you’re promoting is not something new, it’s not something that hasn’t been proven before
and that no other affiliate has been successful with,
instead you wanna find products that other affiliates
are already promoting and having success with,
’cause it’s a lot easier to model success than reinvent the wheel. Now, let’s move on to the third step. So the third step you wanna do is you want to choose a platform. Now, let me show you some
examples of platforms. So this is a website,, this is a platform, having a website is
having a business online. It’s having online real estate. YouTube, having a YouTube
channel, this is a platform. Again, I have a YouTube
channel, and I use it to post my content and build an audience
and engage with that audience and create more content
and rinse and repeat. Having an email list,
that’s creating a platform. You’re using your email list
to connect to your customers. Having an Instagram account,
that is another platform. So, with all this being said, what is the best platform to choose? Because you can either have
a website, you can have a YouTube channel, you can
have an Instagram, or you can actually just skip straight
to having a landing page. Now, this is kind of a hybrid. A landing page is kinda
like having a website, but having it be more specific. So this is a landing page in a software called ClickFunnels, which I’m gonna talk about in just a second. But basically, it’s a
software that allows you to make a quick page where
you can start collecting emails or even start getting sales. You can put your affiliate
link here where this button is very easily, and then all
of a sudden, you can just use this landing page as the
place that you send traffic to to get customers, to get
clicks, to get sales. And it’s a quicker way than
making a full-on website. You guys see this website
right here, I got a whole bunch of content, I got a whole bunch of pages, whereas with a landing
page, it’s literally just one page, it’s simple, it’s straight to the point, it can still get results. So you’re gonna have to choose a platform. Now, there’s no one saying
that you can’t use all these, and I actually recommend that you use at least two of these combined. Because if you use YouTube
combined with a website, you can send traffic
from your YouTube video to your website, as I’ve done here. So that’s an example,
you can funnel traffic from one platform to another to the next. Because I can funnel traffic from YouTube to my website to my email list. Do you guys see that? It’s pretty awesome,
because now we’re connecting with customers on three
different platforms, we’re really getting in front of them and interacting with them
and engaging with them. And trust is built over time when you build a rapport with your customers. So that’s all the examples of platforms that I think are relevant today. Now what’s the best platform? And do you need a website to get started with affiliate marketing? These are two really,
really good questions I get asked all the time. Now, my short answer to do you need a website is I would say yes. Now, you can get started without a website, and I’ll show you how. One way is to use landing pages. This way you don’t have to
create a full-on website, you can just make a
landing page to get online to start selling, but you
need some sort of platform to sell and have your affiliate links. ‘Cause if you don’t have a platform, where are you gonna put
your affiliate links? So with that being said,
what’s the best platform? I like websites, personally, because it’s like having
an online real estate where you build this and
it’s an actual asset. I build this website,
it’s something tangible. If the website gets let’s
say 5,000 visits per month, I mean this is a real business
that I have right here. It’s something I can sell to someone. I can sell someone If it’s making a certain
amount of money per month, you can sell it for roughly one year’s worth in one lump sum. Income that it generates. So this is a sellable asset. Now, if you have a personal
brand, it’s a bit harder to sell a personal brand
than selling something that is separate from your personal
brand like RecordingNOW. So that’s just an example of a platform. I like websites because they have a chance to rank on Google for SEO. If someone looks up something,
they’re searching up Beats Solo Wireless review,
this can pop up on Google. And that’s free organic traffic. So with that being said, the
best platform in my opinion are having your own website and
then having a YouTube channel. I think YouTube is an amazing platform. You get tons of free organic
traffic just by posting. I mean, it’s weird, but YouTube recommends random videos all the time. They recommend videos on your sidebar and you see them and people click them. And even the channel with
zero subscribers can actually get a view or two just through
natural organic traffic. With that being said, the
flip side, if you don’t wanna go through the
website, and you don’t really wanna do the YouTube, you can
make a landing page, oops, you can make a landing page,
and you can get online quicker. And there’re certain affiliate programs that don’t require you to have a website. The other reason why I suggest
a website is because certain affiliate programs like Amazon Associates, they ask you for a website
when you apply for the program, so you need to have a website already. Now, if you don’t have
a website, you can use a YouTube channel or a
social media account, but I think you need at
least 500 subscribers. Now, I could be wrong on that, the number may be different, but
last time I checked it was 500 subscribers if you
do not have a website. So, that’s just another
example of why a website is necessary for affiliate marketing, it just shows you’re legit. It’s like having a business card online. And if you don’t have the
website, you don’t really have anything to back you up in
terms of showing a company, hey, I can be a good
affiliate, I can make sales, but if you don’t have a
platform to show them, then how are they gonna
take your word for it? Because from a company perspective, you don’t want to be
risking having all these low-quality affiliates who
don’t even have a website. You don’t wanna have affiliates who are gonna be spamming your links everywhere, it’s gonna hurt the company’s reputation. So with that being said, you
need to choose a platform, in my opinion, I feel
like having a website, having a YouTube, combining
those two, or on the flip side, if you have a YouTube and
you have landing pages where you can directly send
customers and then sell the product right here,
boom, straight to the point, I think that either of
these methods is effective. I’ve done both of these
methods and they both work. You just have to choose one. So, with that being said, let’s
move on to the fourth step, which is actually applying
for the affiliate program. So, Amazon Associates is an
example of an affiliate program. Again, it’s one of the
oldest ones in the world. And if you wanna join, it’s free. Free to join, all you have to do is apply. Now when you apply, they’re gonna ask you for certain information, and one of them again is having a custom website. Again, if you don’t have a
website, you can substitute this with a YouTube channel if you
have at least 500 subscribers. So for the people who
don’t have 500 subscribers, you have no choice but to make a website. Luckily, websites only cost as little as three, four, $5 per month. Like five bucks a month, that’s literally like a couple coffees at Starbucks, or basically getting
like a fast food meal. So with that being said, it’s
not an expensive expense. And it’s well worth it if
we are creating a business. And it kind of brings
the question to mind, why not invest in your business? I get so many people who
wanna get started for free, and I understand it because
I used to bootstrap. When I was a broke college
student, I didn’t have any choice but to bootstrap and to
do the lean startup way, which is just getting
scrappy and just trying to figure out every single
free resource I can use. With that being said, push comes to shove, if I had the choice to invest
$1,000 into my business to get results sooner
than starting from zero and having to wait one
year, I would choose paying $1,000 up front
to get results sooner. I’ve done both ways, and to be honest, speed is really important when
it comes to the online space. ‘Cause if you don’t have
resources, you’re gonna have to make up for that in
sweat equity and with time. And if you don’t have years
to waste and you wanna get this goin’, you’re
gonna have to invest into your business time
or invest money and invest in software and tools
to help you go faster. Alright, so after step
four, which is applying for the affiliate programs
and getting into them, then the next step is to create content surrounding your product. So I’m gonna show you examples of content. So on my website, I create a blog post. It’s a written post, you
guys can see right here, and I actually review the headphones. I talk about the style,
I talk about the comfort, I talk about the build quality,
sound quality, et cetera. So that’s content on my website. Content on YouTube is a
YouTube video obviously. Now, what’s cool about affiliate marketing and what makes it passive
income is you only need to create this content one time. And that’s why I like to
call this online real estate. Because once you make
that content one time, it’s there to stay, and
you can get customers, you can get clicks on your
affiliate links, you can get sales for years to come
after you make that content. I never have to make this
content again, thankfully, right? So you invest a few hours,
maybe you invest a whole day, into making this video,
it’s about 12 minutes long. Maybe you spend four
hours to make the video, to film it, to edit it, to plan it out. Once you work those four
hours, you make this content and it’s done, it’s a
finished package and it’s on your website, it’s on
YouTube, it’s done forever. You can get sales for years
to come, which means you can make money on it and
commissions for years to come. That’s what I love about
affiliate marketing. So when you create this
content, it pops up when people are searching up, Beats
Solo Wireless review. So if people are looking
up for this product, then your content ideally would
Pop up, and this called SEO. So this brings me to the last step, which is getting traffic. And getting traffic can either
be free or it can be paid. And I like to use both. Now, what is free traffic? Again, if somebody looks up
Beats Solo Three Wireless review and my video pops up, then that
right there is free traffic. It’s organic, it’s called SEO,
search engine optimization. Now there are certain techniques you can use to rank higher on
Google and on YouTube. And so with that being said,
the flip side of this is paid. If instead of having organic
traffic, you paid for your traffic using Facebook ads,
Instagram ads, YouTube ads, Google AdWords, this is
basically paying to show up as a search result on Google
for the Google AdWords. So it’s a way to leapfrog
the whole SEO thing. Because if you’re not able
to rank for a certain term, then you can use paid
traffic to make up for that. If you don’t have an audience, you can use paid traffic
to make up for that. Because you’re forcing yourself basically to be in front of people. And it’s not the most
ideal versus organic, but at the same time, you
can really get so much more traffic and reach if you’re
willing to pay for it. ‘Cause think about this,
think about how many people are not willing to pay for traffic. Most. Most people just want the free
way, they want the easy way. Well, the easy way doesn’t get paid. So you gotta pay to play, paid traffic is the way to go, and if there’s
a skill you should master, It’s learning how to get traffic. But again, in my opinion,
out of these six steps, I think the most important
are choosing the right niche and the right product and
then choosing a good platform. Because again, if you were to
choose a professional sport to be a professional
athlete, I would choose playing in the NBA or
Major League Baseball, because at least you get
paid millions of dollars, it’s non-contact or low-contact
versus let’s say football, where you’re getting
tackled by 300-pound dudes. So I would rather choose to
Play in the NBA, which is, it’s physical, but for
the most part you’re not getting tackled by
people, and then baseball’s another one that is pretty
simple in terms of the gameplay. You don’t have to hit
anybody, there’s no contact. You get to play for
possibly a whole decade. You can play baseball for like 10 years. And you can still have a long career, and you also get guaranteed
money, which means you, if you get a contract to
make $1 million per year, it’s guaranteed money, which is awesome. Now if you’re a professional
lacrosse player, and again, I hate to come at lacrosse, I used to play the sport myself, but if you were a
professional lacrosse player, the chances of making million and millions and millions of dollars are pretty slim. Versus the average MLB or NBA player. So, with all that being
said, choose the right niche and the product from the
get-go, and this comes to my next point, and this is probably the biggest point to take
away from this whole video, choose high-ticket over low-ticket. I’m gonna show you guys
a comparison right now. Here’s a low-ticket affiliate program, which is Amazon Associates. Now, I’ve always talked
about Amazon Associates in my past videos, and the reason why is because it’s how I got
started and it’s how I got my first full-time passive
income, and it’s honestly one of the best affiliate
programs out there. Because you can promote anything on Amazon and get paid a percentage, and I mean, everything is available on Amazon, right? Apart from software and digital products, but for the most part, everything
you can buy off Amazon. Any single item you can think of. And this makes it very accessible. And because it’s low-commission,
it makes up for it with high volume, a lot of
people are buying from Amazon, a lot of people are already
going to purchase things, they already have stuff in their cart, so if you can just get in
between that and get them to click your affiliate
link, then you would actually make commission on everything
that they’re buying. Now with that being said, let me show you a high-ticket affiliate
program and affiliate product that I personally have been loving lately, and I’m gonna show you a real comparison between low-ticket versus high-ticket. But a high-ticket affiliate
product is ClickFunnels. ClickFunnels is actually this software I showed you to make landing pages. And I’ve used it for well over a year, I’ve been their real customer
for well over a year, I’ve had some great success
with it, I’ve made sometimes over six figures per
month using the software to sell my own products, but
also, over $20,000 a month consistently as an affiliate for products that use ClickFunnels as a platform. So I actually share that I
have a free ClickFunnels course if you guys wanna check
it out in the description. But with that being said, here’s ClickFunnels’ affiliate program. They pay 40% monthly
recurring commissions. Now, what does this mean? You get paid 40% of what the customer pays for a subscription, which
starts at $97 a month. You get paid 40% of that every single month they are a customer. So I’m gonna repeat that, you
get paid every single month they are a customer, you don’t
need to go get new customers, you just need to keep
the ones that you get. And 40% of $97 is $38.80. Now let me do a side-by-side comparison, and if you’re gonna take
anything from this video aside from taking action, I would say, look at this chart and
remember this comparison. Because this is gonna
show you the difference between low-ticket and high-ticket. So low-ticket is Amazon Associates, where the average commission is between four to 8% for most products. If we’re looking at this chart, most products are gonna
be in these categories. You can see that all other categories, if they’re not in these
predefined categories, is 4%. But then, 4% is basically any
of these products right here, I mean it goes lower, if you’re
gonna sell PC components, DVDs, TVs, video games,
it’s lower than 4%, it’s much lower, it’s
actually one to 2.5%. Now if we’re talking about
furniture, if we’re talking about home improvement, lawn
and garden, kitchen, this tends to be around here six to 8%
range, so that’s not bad. But going back to this chart, one customer is worth around $0.40
to $40 on the high end. Now what I mean by this is you only get a one-time commission when someone buys. Let’s say someone spends
$100, or sorry, $10, and you get 4% of that, it’s about $0.40. Not really much to write home about. $0.40, you can’t really
do too much with that. Now $40, that’s if they buy a
$300 product at 8% commission, or maybe it’s $500 product,
either way, you have to sell a pretty expensive product
just to make 40 bucks. Which is still not bad. And it’s a lot better than
relying on just getting views. Because you only get paid
$2 for ever 1,000 views. And that’s a lot harder than selling one product one time and getting 40 bucks. Now with that being
said, on the flip side, a high-ticket affiliate
program like ClickFunnels, which is a software, it’s a
marketing software that anyone who sells something online can
use, I just showed you this landing page, you can easily
drag and drop and move stuff around, and you can use this
to sell affiliate products. You can put your
affiliate link right here, I actually put an affiliate
link right in this button, very easy to use, especially
if you don’t wanna deal with the headache of
having to make a website. I understand it’s pretty complex to have to create a
whole full-blown website. You can just have a landing page. Now, you get 40% monthly
recurring commissions, which is a big difference
between one-time commission. Because what this means is you don’t have to get new customers every month. Now, one customer with a
high-ticket affiliate program like ClickFunnels is
worth a minimum of $38.80, that’s if they’re a
customer for only one month. But they’re worth over,
potentially over $900 if they stay a customer for two years, and that’s using the lowest
plan, which is 97 bucks a month. They actually have a plan which
I use which is $297 a month. If you were to recommend
someone to that plan and they became a customer,
that one customer would be paying basically $118
per month, I believe. So over $100 per month
from a single customer, that’s well over $1,000 over the course of one year if they remain a customer. And the cool thing with software is most customers tend to stick. If you start using a
software for your business, like let’s say ClickFunnels,
and it makes you a profit, like let’s say you invest
$97 and you make 200, 300, 500, $1,000 with this software, you’re not gonna stop using
that software anytime soon. So that’s why software
is very, very lucrative, because not only can the
companies afford to pay you more as an affiliate,
but they can also retain that customer for a long period of time, which then increases their
lifetime customer value. ‘Cause again, one customer
can be worth close to $1,000 or more if they remain a
customer for one year, two years, three years, and depending
on which plan they use. Now, let me give you a concrete example. To make $300 a month with a
low-ticket affiliate program, you would have to sell a $50 product 100 times every single month. You’d have to sell $150
products every single month, and then you start from
scratch the next month. ‘Cause it’s only one time, that’s it. You make a sale, you get
paid one time and it’s done. Now with a high-ticket
affiliate program, to make $300 a month, you would only need
eight customers, count ’em, eight customers at $97
a month subscription to make $300 a month,
actually a little bit more, it’s actually $310.40 per month. But the key thing here is not
really, is not even the amount or anything, it’s actually
the fact that you don’t need to sell or start from
zero every single month. You can actually get
those eight customers. If you can keep those eight customers over the course of a
year, each one is gonna be worth $456, half of this right here. They’re gonna be worth $456 each. And over the course of a
year, they’re gonna be worth, collectively, those eight
customers, just eight, that’s eight sales, they’re
gonna be worth of $3,724. So with that being said, on the
flip side, with a low-ticket affiliate program, you would
need to sell $5,000 worth of products at a 6% average
commission to make $300. So you only get 6% of what you sell. So you’d have to sell
$5,000 worth of products. That doesn’t sound too easy to me. With that being said, with
software, you only have to sell $776 worth of marketing
software to make $310,40. So, you take your pick,
what do you think is easier, selling $5,000 of products, or selling $776 worth of products? It’s a no-brainer. Now the next thing, example
I wanna show you is, if you want to make
$3,724.80 with a low-ticket affiliate program, which
is just eight customers with a high-ticket affiliate
program, you’d have to sell $62,080 worth of products
at that 6% commission rate. Again, I’m just taking an
average commission rate. I’m just choosing 6% because it’s in the middle between one or 0% and 10%. It’s actually a little bit
higher than the average. Now, you’d have to sell 103 $50 products every single month for 12 months. And that’s 1,241 customers or sales. Now that’s just to put
things in perspective. And that’s hoping that each product you sell is $50 at a 6% commission. Because if your product is
actually a 4% commission, and the product only costs $10, you’d actually only be making $0.40, and you’d have to sell a
lot more than 100 per month. So this is just to give
you guys an example. What do you think is easier,
selling over 100 products per month every single
month and having to repeat that consistently, or selling eight times, getting eight customers,
and just retaining those customers over the course of a year? Which again is not just
your responsibility, it’s actually the company’s. It’s the software company’s
responsibility to retain that customer and make
sure that they’re well-fed, that they are enjoying
the service, the software, that it’s working for their
business, it’s more so on the company to make sure
that the customers are happy. It’s not just your job. So, that basically is my biggest
point of this whole video. Aside from the actual steps of making sure you choose the right niche
and product because again, it’s like choosing to be
a professional NBA player versus maybe a professional
lacrosse player. Now on top of that,
low-ticket versus high-ticket, if you guys are looking
at this chart right here, I mean eight customers and you can add close to $4,000 over the course of a year. And again, some customers might opt for the higher payment plan,
for the higher service, which means, they’re gonna be worth more than $38.80 per month, they’re actually gonna be
worth over $100 per month. And that’s just from one customer. So I hope you guys can
see the potential In this, and actually, that’s what
I’m gonna be talking about in the live in the
Facebook group this week is I’m going to be
talking about how I took this software from zero
to over $1,000 a month. Right now, we’re looking at
ClickFunnels affiliate dashboard and you can see that I have
31 trials, there’s 14 people currently trialing and
there’s 17 new trials. Now it says here that it’s $948.14 potential monthly recurring revenue, but if you do the math,
this is 31 customers, multiply it by $38.80 is
actually over $1,200 per month. Now, it’s not set in stone,
we don’t know how many people are gonna convert, and these
numbers from my experience are just not accurate in terms of
the stick rate and the churn. I think that this is still,
they’re working on it, that’s why they say beta over here. But if these 31 people
were to become a customer, this is a potential $1,200
per month every single month. 31, if you were to replace
this with 31 customers instead of eight, I think
you guys can probably see the potential here and how
much this is potentially worth. And I did this in one week. So I’m gonna be sharing that
in the Facebook group also. I have a free ClickFunnels course, if you guys wanna learn
more about this software, then again, I’ve been a
customer for over a year. So, I’ve been using this,
I’ve used it successfully, I’ve only started promoting
it now as an experiment for my mentorship program
and showing my students. But I wanna share more
about that with you guys, because I think this is a huge revelation is learning high-ticket versus low-ticket. Because low-ticket, you
see how you have to work very hard every single
month starting from zero just to make $300 a month,
whereas if you just had eight customers, eight customers,
eight sales, you can make $300 a month and it’s
coming every single month. So you don’t start from zero, it’s actually just your baseline. And that’s granted if nobody
cancels or refunds or leaves, but again, if you can get eight customers, chances are you can add another
customer every single month. If you’re able to get eight, chances are you could get
nine or 10 or 11 or 12. Sky’s the limit here. And that’s what’s exciting about all this. Alright, so that wraps up today’s video. If you guys enjoyed this,
please leave a thumbs up and a comment below, it
really means so much to me. I hope you guys enjoyed this. And if there’re some key
takeaways to get from this video, make sure you choose the right
niche and the right product that are profitable and
help you to succeed. Make sure that you are choosing
high-ticket over low-ticket so that you can get more
results for less effort, and last but not least, make sure you take action right after this video. Now, if you don’t know
what action to take, I suggest you take my free
passive income masterclass in the description below,
you can sign up for free. Again, I’m going live this week in my brand new Facebook group to talk about how I took that
affiliate product from zero to a potential $1,200 per month
monthly recurring revenue. And so I can’t wait to show you guys that. And I did that all in just seven days. So with all that being
said, I hope you guys enjoyed this video and if
you like videos like this, subscribe, hit the notification bell, ’cause if you don’t hit
the notification bell, then you’re not really subsribed, are you? And with that being said, I will catch you guys in the next one. Make sure to check out my other passive income and
affiliate marketing videos, I’ll put the playlist right here. You guys can check it out, I hope you guys have a great day and to
stay successful, peace.

Comments (100)

  1. Odi! Do i have to pay for my company name? When a company asks for a company name can i just make one up?(of course one of a kind)

  2. Hello to everybody. Make your story viral . You can post free your affiliate links, create polls about your products,services,website e.t.c at beviral DOT co DOT uk . After posting your story then share it using the social share buttons.

  3. Very basic information on starting affiliate marketing. If you are just starting out and didn't have a clue, it's a starting point.

  4. How do you get reviews for the product you are affiliating you buy those products and do actual reviews? How about software that you don’t even know how to use, how do you recommend stuff with no knowledge?

  5. Thanks for the content. I follow the what I call Affiliate Marketing Process Flow: TRAFFIC => 1 PAGE WEBSITE/SQUEEZE PAGE => THANK YOU PAGE => DATA BASE (LIST BUILDING) => AUTOMATIC EMAILS

  6. Just subscribed on your website to learn free affiliate marketing. Very informative videos.

  7. Spot on. Thanks Odi πŸ™πŸ½

  8. Hey odi production, i am from Bangladesh and i think u know paypal is not approved in Bangladesh…. I am a student and i wanna do something from home and i am interested in affiliate marketing….if u can! plz give me some ideas like what can i do and suggest me of ur videos for stating

  9. I am ready thanks to you

  10. 304 people are lacrosse players

  11. So for creating a website to promote a products, are you creating it as a personal blog, or a business page??

  12. Thank you so much this was amazing!

  13. Greg+14132747982 is the best so far he generate 4btc without delaying my time… Thanks Sir

  14. Can u use other people's reviews

  15. Hi ODI .I came across your youtube video by accident and i see on the background that you play guitar .Would you be interested to buy my very rare collectible vintage "Vox" Alnico Blue speaker cabinet from 1964 original pulsonic cones(discontinued in 1967) since we talking marketing n stuff LOL


  17. terimakasih penjelasanya,namun jika berbisnis di Taxoyager tidak harus melalakukan cara seperti itu karena lebih mudah caranya cek google sekarang!

  18. Good job bro. I been looking into making some passive income and have seen your videos at the top of the YouTube Affill. Mrk. search. Decided to finally listen to this program today. Very informative. Grabbed my notepad and wrote some stuff down. Keep up the good work. Thanks.

  19. If I choose electronics as a nitch. How do I get a product to market. Do I have to buy every electronic I review?

  20. Loving your content

  21. AMAZING video. Thank you so much.

  22. Odi you are the one man who should have replace a Mr.Bob Barker this program is one that we all should be in but it will take time and commitment . And i intend to do just what you are explaining. wish me luck in tring .
    O and by the way you gave a beautiful presentation thank you.

  23. terima kasih videonya,apapun pilihanya saya tetap pilih Afliasi Taxoyager

  24. This vid is basically affiliate marketing

  25. Hi im mindy i do teach what it is i do πŸ™πŸ™πŸ™πŸ’message me


  27. Great Tips….Thanks for sharing this info!!

  28. Step 1… 12 minutes in

  29. im 6:53 seconds into the video and i'm so excited to just get to work after watching this thank you for this video !!

  30. Can i be an affiliate of an affiliate?

  31. This man has followed the Think Media formula perfectly. Good job sir



  34. So with that being said, this das very useful information πŸ‘Œ

  35. The best business model to me is affiliate marketing !!!

  36. I would like to ask what your opinion is on "Legendary Marketer"?

  37. How do you know an affliate program is legit. What counts as proof? I would love your opinion on this. Thank you in advance.

  38. I learned so much from your video. Great content, couldn't be clearer.

  39. 😁 Love your videos, They are always loaded with great content!

  40. Without being said 😊 you got the magic sentence.

  41. Did you have to pay taxes on all the money you made?

  42. Appreciate the info.

  43. I noticed on your Recording Now website it is about music and you sell headphones and music related courses because your website is about music. Would I need a different website for every different product that would not be related to the website?

  44. can I create any website to sign up for an affiliate program or does it have to be specific?

  45. With that being said….

  46. Wow this video is a great stepping stone into the world of Affiliate Marketing. I came here with zero knowledge and I'm leaving with valuable tips and pointers to get started. Thank you so much!

  47. 2019 UPDATE! The #1 question I get is HOW to actually start affiliate marketing, which led me to creating a FREE Step-by-Step guide on HOW to Start Today in just 10 easy to follow steps: / THUMBS UP this comment so others can see!

  48. Thank you! I love how you put things in perspective.

  49. I might be getting too technical here, but I have a question.

    How do you know if the company you are affiliated with isn't taking advantage of your advertising? How do we know that only 1 or 2 sales were made for the commission rather than 10-20 sales?

    I'm just curious to know how this all works, not being very tech savvy myself. I know there are click trackers specifically made forΒ  big companies like this. Are we just suppose to take their word for it and accept the Rates? Id appreciate a response from someone.

  50. This is an awesome start. Thank you. I would like to see a video that takes a newbie step-by-step through the "how to's." The physical examples of the entire process (for example: an example of choosing a platform and the step-by-steps thereto; building a landing page and the step-by-step thereto; etc.) But this is a great start.

  51. Bro, I'm super interested in your videos. I'm NEW, but I'm looking to start a good Passive income. I just need to hear more talk from you and guidance on what I have to do to actually get started. What's the best 1st move? I have NP investing cash… I just DON'T want to waste money. Lol… So I have to say Thank-you for your video. Much love and Mad Respect from Canada

  52. Do you need a business account on WordPress to share affiliate links?

  53. I agree the. Learn the business selling low ticket but high ticket should be the ultimate goal πŸ‘ŒπŸ’ͺ

  54. After deciding your niche and platform, do you recommend starting it under your personal brand, or create a separate brand name related to the niche?

  55. As a mom of 3 I want to give my children their best life I’m young 29 years and have been in the 9to 5 work force for about 8 years everyday I come to work I’m like this really can’t be what adulting is about what the F&@k I already had idea of having blog but didn’t know how to successfully turn it into monetary gainsthank u soo much I need to pay off this masters degree smh ( it amazes me how little jobs there are that actually hires and pay well with this degree to ) Tks

  56. Do you have a free lesson on how to use click funnel? I think to learn how to use it is more challenging than joining the program. Because I am not very tech person, it scares me to sign up for something that I am not familiar with or don't know how to use it. I do really need this funnel platform for my business. Please let me know if you have the video for it. Thank you so much for your video. I have a lot of taking out of it.

  57. 7 years of experience is mentioned too many times and many repeatation,try avoiding that, thanks for your video,I am interested only in flight ticketing affiliate, please help me or make a video of it, please

  58. Love this Look forward to seeing more

  59. Lot of useful tips no bull, thanks

  60. How can I do this through my Facebook page?

  61. Great vid explanation, can understand the low ticket option but just wanted to know if through Click Funnels (for example), what would be the incentive for people buying from an affiliate as opposed to going straight to the source…does the affiliate sell at a discounted offer?

  62. What is your opinion about Easy1Up Affiliate Program?

  63. I think that the UI of the website is important when affiliate marketing.

  64. Is it bad to advertise on your website that your an affiliate? I'm in the middle of making one and i've geared it almost as an affiliate marketing website or page. with other content.

  65. I thought that amazon links expired after 24 hrs?

  66. bro your mic is mint

  67. The best explanation. Great.

  68. If you are a beginner to affiliate marketing use Commision Gorilla it helps you make profits out from the start. It's only $1 to start a trial for commission Gorilla.

  69. I got $1,000 from Robert and my bills cleared off by him, I will advise you to contact Robert on his text number like I also did +1(209)7548416 they are legit, don’t be skeptical I also felt the same but it really changed my life for real and here I am

  70. Please sit on your hand (constructive criticism) otherwise great info, thank you!

  71. Please do another video that JUST gives the steps-by-steps…. bam, bam, bam…. 1, 2, 3… no convincing, nothing but the steps! Thanks

  72. I don't understand the whole clickfunnel thing and how it pays more. Do they have an online site like Amazon where stuff is sold? Or can you just sell things off of a landing page you create on clickfunnel and since your link is on your clickfunnel page then you've made more off the Amazon sale. I just don't understand the concept of it.

  73. I thank the heavens above for people like you! πŸ™

  74. I personnaly am not an expert in affiliate marketing but I am making a good income from it. I work with different online stores owners. The first thing to do in my opinion is at first find a product that interest you. In other words a product that you think fits better with your personnality and that is easy for you to promote. Then simply ask the store owner if their is a way for you to promote their products for a commission. Normaly every store owners will accept it specially if you have an big crowd on social media. Then simply negociate the commission with the seller usually the companies that I work with are paying around 10–15% per sale what is not so bad when you make over 10000$ of sales every moth :). Finally if you want an example of company that has an interesting affiliate program you can look for marco givonni it’s clothing brand and they pay around 20% for every sale you make. In my opinion, they are one of the best e-commerces that worked with.

  75. with that being said…….

  76. I have question: in your evaluation course, will you teach the making video few samples?

  77. first of all – you have to pay clickfunnels for nothing. all bunch of crap starts from such condition)

  78. High ticket prolly saturated tho

  79. Things to I think you might have just saved me $2,000 I was about to join John Crestani program.

  80. ACCORDING TO YOUR SINCERITY many blessing to you, Thank you!!

  81. Hi (:)

    It's seems to be is a lot of people doing this tipe of work ☺️

  82. From the heart /Capital, of the Continent of America Panama Rep of Panama

  83. There's something go thru this market πŸ™Œ

  84. So I've been watching for a while how to start an online business and this is the first vidoe from many that I watch that really explaine how to start one. All the other vidoes wanna to pull you to their softwares instead showing you what it really takes, so thank you a lot for this vidoe, you deserve it!

  85. Do you have the physical product to review?
    Do you buy it to review it?

  86. Good stuff bro ,you helped me a lot .wish you the best of luck

  87. I am truly so grateful I can now support my family with help of PaidHomeEasy .c om

  88. you talking too mush

  89. you are really great guy… thank you for this great information in a very simple language..

  90. This is probably the first time i am leaving a comment on any YouTube video and also turning on a notification. This video is awesome. Its just given me hope that i have not had since like 10 years ago after i graduated. i hope i give a good testimony soon after i start taking actions. Thank you so much. i'll be headed to the Facebook page ASAP and hope i can chat or talk to you one on one some day. Thank you once again.

  91. 1sub to Connie's Yard Channel = 2subs to your Channel

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