Finding The most Profitable Products To Sell Online
Finding the most profitable products to sell online is not easy and can lead one down a road that can quickly become a frustrating journey.
Pro marketers have it easier. They can back away quickly when ‘a sure thing’ turns out to be a dud.
It’s all part of the game, of course. Finding a good niche is what eventually separtates the men from the boys. And finding the most popular products to sell will often come down to the products with the highest profit margins.
Sure, you can do quite well selling teddy bears or heaphones. But the products with high affiliate commissions are particularly tempting.
As someone who sells high-end, done-for-you marketing courses I can certainly sing the praises of this sector. You can make a $1,000+ sale with a recurring income stream to boot.
But low margin commission sales also have their virtues. Stop, look around, and carefully consider the possibilities of low margin commissions for items that seem to generate a lot of traffic.
The difference is that, while you will not be hitting a home run on every sale, there’s a good chance you’ll be getting many more sales than the high ticket item. And Finding the most profitable products to sell online are often the ones that add a steady income stream over time which can easily compensate for a lower margin.
Another pointer to keep in mind for lower commission products is that if you are selling a product that has many variations, your ideal set-up should include more than one option in the mix.
In other words, if you are focusing on diets, you should try to become an affiliate with as many diet companies as possible. A site that includes a variety of possibilities is more likely to be bookmarked than several separate sites with one product.
Additionally,
you will have a better chance of finding a buyer where there are
several choices rather than the site where only one type of product
is available.
Also keep in mind that the repeat business
factor should figure into your choice of finding the most profitable
products to sell online.
Vitamins, while they have a small profit margin, have a greater likelihood of being purchased over and over again rather than, say, a dating site that most likely has a one-time payment with a few possible upsells.
The
possibility of repeat business is enhanced if you are offering deals
and bargains and can send your customers helpful information from
time to time.
The bottom line for finding the most profitable
products to sell online is the relative popularity of the sector.
There are lists all over the net pertaining to this. My favorite is Amazon Best Sellers.
There are others. You’ve seen them I’m sure: Health, Dating, Dieting,
Pets, Self-improvemt, etc.
But remember. Making sales is the key. Many people begin their search for a new car online, but few will purchase one on a website. The same can be true for those looking for a pet or a vacation home. The internet can be great to begin a search and narrow the choices, but an off-line purchase is usually the result.
Stick close to the affiliate marketing community when just starting out. Find some groups on Facebook and the Warrior Forum, in particular is of great value to newbies interested in affiliate marketing. Similarly, take a close look at the major affiliate marketing platforms to get an idea of the marketplace and what is moving and what has potential for you to reach your goals.
Be sure to check out this Big Commission Blueprint Video for more ideas.
You might also like The Priceless Secret Of Making Money With Affiliate Marketing.