In affiliate marketing, choosing the right productsis crucial for success. In this comprehensive guide, I present to you creativeand less obvious ideas for selecting affiliate products. Using versatile examples, we will show you how to get the best out of various niches.
Key Insights
- A wide range of affiliate products can lead to higher earning opportunities.
- The choice between inexpensive and expensive products has various benefits and challenges.
- Innovative marketing and specific promotion of products increase the conversion rate.
- Niche products can be just as successful, even if the target audience is smaller.
Step-by-step Guide
1. The World of Real Estate as an Affiliate Project
Real estate is an interesting niche that you can utilize as an affiliate. A platform like imowelt.de allows you to promote real estate and receive a 25% commission per sale. This is particularly lucrative as the prices for real estate are often very high. Another advantage is the 90-day cookie tracking, which means you have time to attract potential buyers. Selling or renting real estate through your affiliate link can be extremely profitable.
2. Promoting Loans with Credy Max
Facilitating loans can also represent a profitable affiliate opportunity. Platforms like Credy Max allow you to promote loans and earn up to €1,600 per sale. It is important that the loan amount is at least the amount you receive as a commission. Notably, with the right marketing, you can achieve a higher amount if the customer takes out a larger loan.
3. Promoting Ikea Furniture
Whether you present the latest furniture on a blog or in a video, Ikea is also worth considering. The platform grants a 7% commission on each sale; however, the conversion rate must be viewed from a cultural perspective. Potential buyers may hesitate to shop directly through you, especially if they are already familiar with the Ikea website. Nonetheless, if you highlight individual products in a video or on social media, this can be appealing to your audience.
4. Dirk Kreuter and the High Commission Rate
Dirk Kreuter is known as a coach and speaker and offers high commissions of up to 80% to affiliate partners. Although you may not care about the exact products and their value, the high commission is an incentive to promote the various workshops and products. It is mainly about the recognition and branding that you can acquire through promotion.
5. Booking.com and the Weak Commission Offer
At Booking.com, you only receive €10 per booking for each sale. While it is simple and straightforward to calculate with a fixed amount, it is relatively unattractive compared to other programs. Here, a percentage commission often pays off more, especially with higher booking prices.
6. Lidl and Other Supermarkets in Affiliate Marketing
Even well-known supermarkets offer opportunities for affiliates. If you point out a good product in your videos or posts, you may receive 20% of the sale price back. This strategy can be enhanced through a larger reach and influencers in the social media space.
7. Promoting Luxury Travel
A niche with high potential is luxury travel. Providers like First Class and More offer a 20% commission and target wealthy customers willing to pay for extraordinary trips. However, this requires a certain level of marketing skill and understanding of the target audience.
8. Comparison of Inexpensive and Expensive Products
Inexpensive products often offer a high conversion rate as the purchase barrier is low. An example could be a pen for €2. In contrast, a more expensive product like a luxury yacht requires in-depth considerations from buyers, which can affect sales figures. You need to clearly decide whether to focus on inexpensive products with high sales figures or on expensive products with potentially higher commission amounts.
Summary – Affiliate Marketing: More Ideas for Product Selection for Affiliates
In conclusion, the variety of available affiliate products offers you many opportunities to increase your income. It is essential to choose the right niche and suitable marketing strategies to effectively promote these products. Experiment with different approaches and analyze what works best for you.
FAQ
How do I choose the best affiliate products?Consider which niche interests you and look for products that offer high commissions.
Is affiliate marketing with expensive products better?While expensive products have higher commissions, they typically require more persuasion.
How can I increase my conversion rate?Use engaging content and show products in use to create reader-friendly and persuasive content.
What role do social media play in affiliate marketing?Social media can help increase your reach and present products appealingly.
How important is cookie tracking in affiliate marketing?Cookie tracking extends the time during which you can earn commissions, so the customer does not have to buy immediately.
