– In this video, I’m goingto teach how to startaffiliate marketing stepby step for beginners. I’m going to be sharingseven-plus years of experienceon the best ways to get started. So if you’re wondering whereare the most profitableaffiliate niches or what arethe best affiliate productsto promote, or even, what’sthe best platform to useto get sales and customers,then this is a videoyou definitely do not want to miss. So sit tight, grab yourpopcorn, and stay tuned. Hey, what is up everybody,ODI Productions here. And today I have anamazing video teaching youhow to get started withaffiliate marketing. This is probably the mosthighly requested video. And I’m updating this for 2019because there are some thingsthat I have learnedalong the way, and havingseven-plus years of experiencewith affiliate marketingand been doing this full timefor almost three years nowback to back to back, Ihave learned quite a bitduring my journey and I wannashare that with you today. So first things first, ifyou’re brand new to the channel,my name’s Odi, I go by ODI Productions,I am an entrepreneur, Iam a passive income expertin the field of affiliatemarketing, and last but not least,I am an absolute car lover,so if any of those sound goodto 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 youthe actual steps step by stepto start affiliate marketingfor beginners, and I’mactually gonna be sharing,what are the most profitable niches,what are the best affiliateproducts to promote,what is the best platform to choose,so there’s quite a lot, so make sureyou sit tight and you get ready for this. And if you’re smart, not onlyare you gonna watch this videoand take notes and listenintently, but you’re also goingto take action right after youfinish watching this video. If you were to watch this video and nottake action afterwards,it’s basically useless. So no matter what knowledge Igive you, make sure that youare taking action after youwatch this video to actuallyapply that knowledge that youhave just learned, alright?So that’s a litte tip for you guys. Anyways, if you’re brand newto the channel, just a quickbackground about me, about 31/2 years ago I dropped outof my dream school, UCLA,to pursue online business. So I did not have a collegedegree, and I actually got firedfrom the only nine tofive job that I ever had. But with that being said,in just three short years,I was able to go fromsleeping on the floor in L. A. as a broke college studentto living my dream life,getting to experiencefun things like goingto the NBA Finals lastyear, getting to to drivemy dream cars every singleday, getting to liveand wake up in my dreamhome, and to wake upwithout an alarm clock andgetting to design my days. And I think the most importantthing out of all of this isjust having the freedom to beable to do what I wanna do,and today I am making contentfor you guys to inspire,to motivate, and hopefullyeducate you guys, and I reallyhope you guys take action fromwhat you guys learn today. So with that being said, let’stalk about today’s video. So the first thing I wanna talk aboutis what is affiliate marketing. And I think it’s a lot easier for meto show you than to simply just tell you. So I’m gonna show you guys oneof my first affiliatemarketing businesses. This wa actually my firstaffiliate marketing websitethat I grew from zero to afull-time passive income,over $3,000 a month passive incomewith Amazon Associatesduring my college years. So this is RecordingNOW. com,it’s a website whereI reviewed headphones. And if you scroll down andyou look at this content,you’ll see I have these AmazonAssociates links right here,so Amazon Associates,and you’ll also see themon YouTube videos, here’sone of mine, you’ll seethose same Amazon Associateslinks in the description. And Amazon Associates issimply an affiliate program. It’s actually one of the oldestaffiliate programs, started in 1996. And basically, it allowsyou to link anythingfrom Amazon’s Marketplaceas a affiliate link,and you can post this linkon your website, on YouTube,and if people click your linkand buy anything from Amazonwithin 24 hours, you get a commission. And the commission depends onthe category of the product. You can see it ranges from as littleas zero or 1% up to 10% at the max. Now I’m gonnna get intothat in a little bit more,and I’m gonna talk about lowticket versus high ticket,but just to explain affiliatemarketing, any time you guyssee these links, you see theselinks, and it’s from Amazonor it’s from another company,basically all the biggestcompanies in the worldhave an affiliate program. Apple, Amazon, Tesla, Bose,Sephora, the list goes on. You can literally typeup on Google a companyand then search affiliate afterwardsto find these affiliate programs. But just to break things down,affiliate marketing is just referrals. You’re just recommendingproducts and servicesthat you already love and youalready use to other people,whether It’s people on theinternet, whether it’s yourfriends, your family, andyou get paid a commission. Again, the commissionranges from one to 10%for Amazon Associates, butI’m gonna show you guyssome products that actuallypay 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 marketingfor the last seven years?Basically, it comes downto a few key factors. One, passive income. Affiliate marketing is one ofthe few true passive incomebusiness models out there,because you’re the affiliate. You’re not the company, whichmeans you don’t have to createyour own products andservices, which is awesome. Especially considering myself,I consider myself pretty lazywhen it comes to havingto create my own productsand services, which I’ve donebefore, but to be honest,if I had to choose one or the other,I would rather just have anawesome company with an awesomeproduct or service andjust promote them instead. So it’s basically very hands-off. Since you’re not the company you’re onlythe affiliate, you only sell for them,you can just focus on marketing and sales. And that’s just oneaspect of the business,you don’t have to worryabout managing customers,customer service, dealingwith refunds, exchanges. There’s no headaches, there’s no hassle,there’s a lot that goes withhaving your own company. And most people would probablychoose to just rather makemoney and make a full-timeliving from selling than havingto do the whole song anddance of creating a company. And I know, as running aseven-figure company myself,it is definitely a lotof headache and stressthat most people wouldprobably not want to take on. So with that being said, another aspectof affiliate marketing that Ilove is having low overhead. You can invest as little asyou want or as much as you wantin order to start this businessand grow this business. Now theoretically, you can actuallystart affiliate marketing for free. And I’m gonna teach youguys how in this video. Now I don’t recommendthat you start for $0,because it’s basically theslowest way to get results,but if you have at least 100 or $200,you can do a lot of things. You can create a fullwebsite for less than $100. A website, it’s gonna be akey asset in turning youraffiliate marketing campaigninto an actual business. So with that being said, youcan invest that into eithercreating a website or youcan invest in software. If you wanna skip the whole website thingand go to software tocreate landing pages,sales pages, to get youup and running in no time. And I’m gonna share thatlater in this video. So, you can spend as littleor 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 aproduct as an affiliate,I don’t have to go toAmazon and buy the productand then ship it to the customer. Instead, Amazon is the onewho has to handle the fulfillment. Which means they handle thecustomer, they handle the sales,they handle the refunds,they handle the shippingand distribution, I don’t haveto worry about any of that. All I have to worry aboutis people clicking this linkright here and buying stuff off Amazon. Again, you get everything that they buywithin 24 hours of clicking that link. You don’t have to replace the link,you don’t have to renewthe link and get new links. It’s literally the same linkthat’s been here for years. For over two years, samelink, haven’t touched it. It’s still getting clicksand still getting sales. So, with that beingsaid, that is why I loveaffiliate marketing, it’s awin-win-win business model,because if you’re a company and you havean affiliate program,it’s only gonna help youbecause you don’t pay affiliatesunless they make sales. Now that’s one of thebest forms of marketingthat you can do for a company,when you don’t have to payunless you get results. It’s awesome from a company perspective. As an affiliate, you get tomake money without havingto deal with the stress ofrunning your own company. And as the customer, you get hooked upwith the best products and services. This is not drop shipping,these are not generic products from China. These are actual brandname products that peopleare already buying, whichmeans that there’s alreadya market out there thatyou as an affiliatecan take advantage of andjust basically connectthe customers with the rightcompanies 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 groupcalled Affiliate MarketingWith ODI Productions,anyone can join, and I’mactually gonna be going livethis week, showing how Itook an affiliate productfrom zero to over $1,000a month in monthlyrecurring revenue in justone week, seven days. So I suggest you guys do not miss outon joining that Facebook group. There will be a link inthe description below,so make sure you clickthat, join the group,and join in live, I’m gonna be answeringyour questions, interacting with you guys. And I’ve actually never gone live before,and I’ve never had apublic Facebook group. So there’s a first time for everything,make sure you guys check it out. Let’s move on to the actualsteps for affiliate marketing. So, the first thing I wannasay before we get into thisis that the first three steps,which are choosing a niche,choosing a product, and choosinga platform, are going to bethe most important stepsout of this whole process. Now, I’m gonna give you guys an analogy. Basically, if you were tobecome a professional athlete,and you got to choose whatsport you play and the positionthat you play, the thing is,there are certain positionsthat get paid more than otherpositions in other sports. So just to give you guys an example,if you guys wanna get paid,being an NFL quarterbackis a great way to get paid. Because the average NFLquarterback gets paid millionsof dollars and they get thesehuge blockbuster contracts. Now, if you were to choose another sportthat is not as popularand not as profitableas 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 playlacrosse in high school. I’m a big fan of the sport. But the professionallacrosse player does noteven make close to what aaverage professional NBA playeror the average NFL quarterback,starting quarterback. And probably even second stringor even third string quarterbacks at that. So with that being said,the most important thingis choosing the rightsport and making sureyou choose the right position as well. Because just by choosingthe right positionand the right sport, youactually separate yourselfand you really put yourselfin another pay gradewhen it comes to beinga professional athlete,’cause there’s levels to this. Again, a professional lacrosseplayer versus let’s saya professional basketballplayer in the NBA,and let’s say you’re a startingpoint guard in the NBA,you’re probably going tobe making multiple timeswhat a professional lacrosseplayer’s gonna get paid. So, with that being said, the first stepis actually choosing a niche. So, choosing a niche. What are the most profitable niches?I get this question all thetime, I’m gonna actuallyjust answer that for you guys right now. The most profitable nichesin affiliate marketingby far are software and digital products. There you go. Now, there are other profitable niches. In fact, every niche can betheoretically profitable. You can literally doknitting as your nicheand it can be profitable, butthe level of profitabilityis going to vary, and Ithink that in my experience,software is the highest-payingaffiliate product niche,and the reason why is this. Software companies,they have lower overheadthan a brick-and-mortar or aphysical products company, why?Because when you create software one time,it can serve multiple, multiple customers. You create a softwareone time, it can serve10, 20, 200, 20,000, two million customerswithout much cost otherthan your server costs. But everything is relatively low overhead. Versus let’s say if youhad a T-shirt company,you sell T-shirts, everysingle 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, butyou have to pay thatevery single time you make aT-shirt, it doesn’t replicate. Software replicates very, very, very easy,and it does not add much costwhen you add one more new customer. So software is allowed tobasically pay huge amountsof money to affiliates,because they know that,because customers, when they buy software,they subscribe to asoftware, they tend to staya customer for many months if not years. And that lifetime cost is actually,or the lifetime customervalue, is worth hundredsof dollars, so they can payaffiliates on the flip sidehundreds of dollars as wellto acquire that customer. So that being said, softwareand digital products. Now, what are digital products?There are digital info products that arevery popular these days,such as an online course. If some of you aspiring entrepreneursare in an online course, chances arethere is an affiliate program. And the affiliate program probablypays around 30% of a product’s sales. So if you’re selling a coursethat costs $1,000 as an affiliate,you get a sale, you get$300 just like that. Okay, now I’m gonna giveyou guys a concrete exampleof how much it takes tomake $300 with somethinglike Amazon Associates versusa high-ticket software. But with that being said,software and digital productstend to pay around 30 to 40% commission. And some of these are monthlyrecurring, which means,when you get a customerto sign up under you,you get paid every singlemonth they remain a customer. You’re getting passiveincome every single month,you don’t have to get a new customer. You can just stick to theones 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 awinning product that alreadyhas a history in termsof affiliate marketingthat other affiliates are doing welland there’s proof of it on the internet. Because this means thatthat company probablyinvests into their affiliateprogram to make surethat they are actually serving affiliates. Because there’re companiesout there that reallydo not care about theiraffiliates and theydo not care about their affiliateprogram, and you can seeit in the complaints,people not getting paid,there’s maybe problems with the tracking,like let’s say you’re gettinga lot of clicks but you’re notgetting any sales, maybe you’renot getting paid on time,theses are all issues thatyou can have as an affiliate. Luckily, there are companiesout there where they havevery proven affiliate programsand you can find affiliateswho have made tens ofthousands, hundreds of thousandsof dollars, from asingle affiliate company. And that just shows youthat that affiliate program is very solid. So you wanna find some research, make surethat the affiliateproduct you’re promotingis not something new, it’s not somethingthat hasn’t been proven beforeand that no other affiliatehas been successful with,instead you wanna find productsthat other affiliatesare already promotingand having success with,’cause it’s a lot easierto model success than reinvent the wheel. Now, let’s move on to the third step. So the third step you wanna dois you want to choose a platform. Now, let me show you someexamples of platforms. So this is a website,RecordingNOW. com, this is a platform,having a website ishaving a business online. It’s having online real estate. YouTube, having a YouTubechannel, this is a platform. Again, I have a YouTubechannel, and I use it to post mycontent and build an audienceand engage with that audienceand create more contentand rinse and repeat. Having an email list,that’s creating a platform. You’re using your email listto 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 havea website, you can havea YouTube channel, you canhave an Instagram, or you canactually just skip straightto having a landing page. Now, this is kind of a hybrid. A landing page is kindalike having a website,but having it be more specific. So this is a landing page in a softwarecalled ClickFunnels, which I’m gonnatalk about in just a second. But basically, it’s asoftware that allows youto make a quick page whereyou can start collectingemails or even start getting sales. You can put your affiliatelink here where this buttonis very easily, and then allof a sudden, you can just usethis landing page as theplace that you send traffic toto get customers, to getclicks, to get sales. And it’s a quicker way thanmaking a full-on website. You guys see this websiteright here, I got a whole bunchof content, I got a whole bunch of pages,whereas with a landingpage, it’s literallyjust one page, it’s simple, it’s straightto the point, it can still get results. So you’re gonna have to choose a platform. Now, there’s no one sayingthat you can’t use all these,and I actually recommend that you useat least two of these combined. Because if you use YouTubecombined with a website,you can send trafficfrom your YouTube videoto your website, as I’ve done here. So that’s an example,you can funnel trafficfrom one platform to another to the next. Because I can funnel traffic from YouTubeto my website to my email list. Do you guys see that?It’s pretty awesome,because now we’re connectingwith customers on threedifferent platforms,we’re really getting in front of themand interacting with themand engaging with them. And trust is built over time when youbuild a rapport with your customers. So that’s all the examples of platformsthat I think are relevant today. Now what’s the best platform?And do you need a website to get startedwith affiliate marketing?These are two really,really good questionsI get asked all the time. Now, my short answer to do you needa website is I would say yes. Now, you can get started withouta website, and I’ll show you how. One way is to use landing pages. This way you don’t have tocreate a full-on website,you can just make alanding page to get onlineto start selling, but youneed some sort of platformto sell and have your affiliate links. ‘Cause if you don’t have a platform,where are you gonna putyour affiliate links?So with that being said,what’s the best platform?I like websites, personally,because it’s like havingan online real estatewhere you build this andit’s an actual asset. I build this website,it’s something tangible. If the website gets let’ssay 5,000 visits per month,I mean this is a real businessthat I have right here. It’s something I can sell to someone. I can sell someone RecordingNOW. com. If it’s making a certainamount of money per month,you can sell it for roughlyone year’s worth in one lump sum. Income that it generates. So this is a sellable asset. Now, if you have a personalbrand, it’s a bit harderto sell a personal brandthan selling something thatis separate from your personalbrand like RecordingNOW. So that’s just an example of a platform. I like websites because they havea chance to rank on Google for SEO. If someone looks up something,they’re searching upBeats Solo Wireless review,this can pop up on Google. And that’s free organic traffic. So with that being said, thebest platform in my opinion arehaving your own website andthen having a YouTube channel. I think YouTube is an amazing platform. You get tons of free organictraffic just by posting. I mean, it’s weird, but YouTuberecommends random videos all the time. They recommend videos on your sidebarand you see them and people click them. And even the channel withzero subscribers can actuallyget a view or two just throughnatural organic traffic. With that being said, theflip side, if you don’twanna go through thewebsite, and you don’t reallywanna do the YouTube, you canmake a landing page, oops,you can make a landing page,and you can get online quicker. And there’re certain affiliate programsthat don’t require you to have a website. The other reason why I suggesta website is because certainaffiliate programs like Amazon Associates,they ask you for a websitewhen you apply for the program,so you need to have a website already. Now, if you don’t havea website, you can usea YouTube channel or asocial media account,but I think you need atleast 500 subscribers. Now, I could be wrong on that, the numbermay be different, butlast time I checked it was500 subscribers if youdo not have a website. So, that’s just anotherexample of why a websiteis necessary for affiliate marketing,it just shows you’re legit. It’s like having a business card online. And if you don’t have thewebsite, you don’t really haveanything to back you up interms of showing a company,hey, I can be a goodaffiliate, I can make sales,but if you don’t have aplatform to show them,then how are they gonnatake your word for it?Because from a company perspective,you don’t want to berisking having all theselow-quality affiliates whodon’t even have a website. You don’t wanna have affiliates who aregonna be spamming your links everywhere,it’s gonna hurt the company’s reputation. So with that being said, youneed to choose a platform,in my opinion, I feellike having a website,having a YouTube, combiningthose two, or on the flip side,if you have a YouTube andyou have landing pageswhere you can directly sendcustomers and then sellthe product right here,boom, straight to the point,I think that either ofthese methods is effective. I’ve done both of thesemethods and they both work. You just have to choose one. So, with that being said, let’smove on to the fourth step,which is actually applyingfor the affiliate program. So, Amazon Associates is anexample of an affiliate program. Again, it’s one of theoldest 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 youfor certain information, and one of themagain is having a custom website. Again, if you don’t have awebsite, you can substitute thiswith a YouTube channel if youhave at least 500 subscribers. So for the people whodon’t have 500 subscribers,you have no choice but to make a website. Luckily, websites only cost as littleas three, four, $5 per month. Like five bucks a month, that’s literallylike a couple coffees at Starbucks,or basically gettinglike a fast food meal. So with that being said, it’snot an expensive expense. And it’s well worth it ifwe are creating a business. And it kind of bringsthe question to mind,why not invest in your business?I get so many people whowanna get started for free,and I understand it becauseI used to bootstrap. When I was a broke collegestudent, I didn’t have any choicebut to bootstrap and todo the lean startup way,which is just gettingscrappy and just tryingto figure out every singlefree resource I can use. With that being said, push comes to shove,if I had the choice to invest$1,000 into my businessto get results soonerthan starting from zeroand having to wait oneyear, I would choosepaying $1,000 up frontto get results sooner. I’ve done both ways, and to be honest,speed is really important whenit comes to the online space. ‘Cause if you don’t haveresources, you’re gonnahave to make up for that insweat equity and with time. And if you don’t have yearsto waste and you wannaget this goin’, you’regonna have to investinto your business timeor invest money and investin software and toolsto help you go faster. Alright, so after stepfour, which is applyingfor the affiliate programsand getting into them,then the next step is to createcontent 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, youguys 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 aYouTube video obviously. Now, what’s cool about affiliate marketingand what makes it passiveincome is you onlyneed to create this content one time. And that’s why I like tocall this online real estate. Because once you makethat content one time,it’s there to stay, andyou can get customers,you can get clicks on youraffiliate links, you can getsales for years to comeafter you make that content. I never have to make thiscontent 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 fourhours to make the video,to film it, to edit it, to plan it out. Once you work those fourhours, you make this contentand it’s done, it’s afinished package and it’son your website, it’s onYouTube, it’s done forever. You can get sales for yearsto come, which means you canmake money on it andcommissions for years to come. That’s what I love aboutaffiliate marketing. So when you create thiscontent, it pops up when peopleare searching up, BeatsSolo Wireless review. So if people are lookingup for this product,then your content ideally wouldPop up, and this called SEO. So this brings me to the last step,which is getting traffic. And getting traffic can eitherbe free or it can be paid. And I like to use both. Now, what is free traffic?Again, if somebody looks upBeats Solo Three Wireless reviewand my video pops up, then thatright there is free traffic. It’s organic, it’s called SEO,search engine optimization. Now there are certain techniques you canuse to rank higher onGoogle and on YouTube. And so with that being said,the flip side of this is paid. If instead of having organictraffic, you paid for yourtraffic using Facebook ads,Instagram ads, YouTube ads,Google AdWords, this isbasically paying to show upas a search result on Googlefor the Google AdWords. So it’s a way to leapfrogthe whole SEO thing. Because if you’re not ableto rank for a certain term,then you can use paidtraffic to make up for that. If you don’t have an audience,you can use paid trafficto make up for that. Because you’re forcing yourselfbasically to be in front of people. And it’s not the mostideal versus organic,but at the same time, youcan really get so much moretraffic and reach if you’rewilling to pay for it. ‘Cause think about this,think about how manypeople are not willing to pay for traffic. Most. Most people just want the freeway, they want the easy way. Well, the easy way doesn’t get paid. So you gotta pay to play, paid trafficis the way to go, and if there’sa 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 importantare choosing the right nicheand the right product andthen choosing a good platform. Because again, if you were tochoose a professional sportto be a professionalathlete, I would chooseplaying in the NBA orMajor League Baseball,because at least you getpaid millions of dollars,it’s non-contact or low-contactversus let’s say football,where you’re gettingtackled by 300-pound dudes. So I would rather choose toPlay in the NBA, which is,it’s physical, but forthe most part you’renot getting tackled bypeople, and then baseball’sanother one that is prettysimple in terms of the gameplay. You don’t have to hitanybody, there’s no contact. You get to play forpossibly a whole decade. You can play baseball for like 10 years. And you can still have a long career,and you also get guaranteedmoney, which means you,if you get a contract tomake $1 million per year,it’s guaranteed money, which is awesome. Now if you’re a professionallacrosse player,and again, I hate to come at lacrosse,I used to play the sport myself,but if you were aprofessional lacrosse player,the chances of making million and millionsand millions of dollars are pretty slim. Versus the average MLB or NBA player. So, with all that beingsaid, choose the right nicheand the product from theget-go, and this comesto my next point, and this is probablythe biggest point to takeaway from this whole video,choose high-ticket over low-ticket. I’m gonna show you guysa comparison right now. Here’s a low-ticket affiliate program,which is Amazon Associates. Now, I’ve always talkedabout Amazon Associatesin my past videos, and the reason why isbecause it’s how I gotstarted and it’s how I gotmy first full-time passiveincome, and it’s honestlyone of the best affiliateprograms out there. Because you can promote anything on Amazonand get paid a percentage, and I mean,everything is available on Amazon, right?Apart from software and digital products,but for the most part, everythingyou 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 itwith high volume, a lot ofpeople are buying from Amazon,a lot of people are alreadygoing to purchase things,they already have stuff in their cart,so if you can just get inbetween that and get themto click your affiliatelink, then you would actuallymake commission on everythingthat they’re buying. Now with that being said, let me show youa high-ticket affiliateprogram and affiliate productthat I personally have been loving lately,and I’m gonna show you a real comparisonbetween low-ticket versus high-ticket. But a high-ticket affiliateproduct is ClickFunnels. ClickFunnels is actually this softwareI showed you to make landing pages. And I’ve used it for well over a year,I’ve been their real customerfor well over a year,I’ve had some great successwith it, I’ve made sometimesover six figures permonth using the softwareto sell my own products, butalso, over $20,000 a monthconsistently as an affiliate for productsthat use ClickFunnels as a platform. So I actually share that Ihave a free ClickFunnels courseif you guys wanna checkit out in the description. But with that being said,here’s ClickFunnels’ affiliate program. They pay 40% monthlyrecurring commissions. Now, what does this mean?You get paid 40% of what the customer paysfor a subscription, whichstarts at $97 a month. You get paid 40% of that everysingle month they are a customer. So I’m gonna repeat that, youget paid every single monththey are a customer, you don’tneed to go get new customers,you just need to keepthe 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 takeanything from this video asidefrom taking action, I would say,look at this chart andremember this comparison. Because this is gonnashow you the differencebetween low-ticket and high-ticket. So low-ticket is Amazon Associates,where the average commission isbetween four to 8% for most products. If we’re looking at this chart,most products are gonnabe in these categories. You can see that all other categories,if they’re not in thesepredefined categories, is 4%. But then, 4% is basically anyof these products right here,I mean it goes lower, if you’regonna sell PC components,DVDs, TVs, video games,it’s lower than 4%,it’s much lower, it’sactually one to 2. 5%. Now if we’re talking aboutfurniture, if we’re talkingabout home improvement, lawnand garden, kitchen, this tendsto be around here six to 8%range, so that’s not bad. But going back to this chart, one customeris worth around $0. 40to $40 on the high end. Now what I mean by this is you only geta 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 reallydo 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 sella pretty expensive productjust to make 40 bucks. Which is still not bad. And it’s a lot better thanrelying on just getting views. Because you only get paid$2 for ever 1,000 views. And that’s a lot harder than sellingone product one time and getting 40 bucks. Now with that beingsaid, on the flip side,a high-ticket affiliateprogram like ClickFunnels,which is a software, it’s amarketing software that anyonewho sells something online canuse, I just showed you thislanding page, you can easilydrag and drop and move stuffaround, and you can use thisto sell affiliate products. You can put youraffiliate link right here,I actually put an affiliatelink right in this button,very easy to use, especiallyif you don’t wanna dealwith the headache ofhaving to make a website. I understand it’s pretty complexto have to create awhole full-blown website. You can just have a landing page. Now, you get 40% monthlyrecurring commissions,which is a big differencebetween one-time commission. Because what this means is you don’t haveto get new customers every month. Now, one customer with ahigh-ticket affiliate programlike ClickFunnels isworth a minimum of $38. 80,that’s if they’re acustomer for only one month. But they’re worth over,potentially over $900if they stay a customer for two years,and that’s using the lowestplan, which is 97 bucks a month. They actually have a plan whichI use which is $297 a month. If you were to recommendsomeone to that planand they became a customer,that one customer would bepaying basically $118per month, I believe. So over $100 per monthfrom a single customer,that’s well over $1,000 over the courseof one year if they remain a customer. And the cool thing with softwareis most customers tend to stick. If you start using asoftware 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 usingthat software anytime soon. So that’s why softwareis very, very lucrative,because not only can thecompanies afford to pay youmore as an affiliate,but they can also retainthat customer for a long period of time,which then increases theirlifetime customer value. ‘Cause again, one customercan be worth close to $1,000or more if they remain acustomer for one year, two years,three years, and dependingon which plan they use. Now, let me give you a concrete example. To make $300 a month with alow-ticket affiliate program,you would have to sell a $50 product100 times every single month. You’d have to sell $150products every single month,and then you start fromscratch the next month. ‘Cause it’s only one time, that’s it. You make a sale, you getpaid one time and it’s done. Now with a high-ticketaffiliate program, to make $300a month, you would only needeight customers, count ’em,eight customers at $97a month subscriptionto make $300 a month,actually a little bit more,it’s actually $310. 40 per month. But the key thing here is notreally, is not even the amountor anything, it’s actuallythe fact that you don’t needto sell or start fromzero every single month. You can actually getthose eight customers. If you can keep those eight customersover the course of ayear, each one is gonnabe worth $456, half of this right here. They’re gonna be worth $456 each. And over the course of ayear, they’re gonna be worth,collectively, those eightcustomers, just eight,that’s eight sales, they’regonna be worth of $3,724. So with that being said, on theflip side, with a low-ticketaffiliate program, you wouldneed to sell $5,000 worthof products at a 6% averagecommission 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, withsoftware, you only have to sell$776 worth of marketingsoftware 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, exampleI wanna show you is,if you want to make$3,724. 80 with a low-ticketaffiliate program, whichis just eight customerswith a high-ticket affiliateprogram, you’d have to sell$62,080 worth of productsat that 6% commission rate. Again, I’m just taking anaverage commission rate. I’m just choosing 6% because it’sin the middle between one or 0% and 10%. It’s actually a little bithigher than the average. Now, you’d have to sell 103 $50 productsevery single month for 12 months. And that’s 1,241 customers or sales. Now that’s just to putthings in perspective. And that’s hoping that each productyou sell is $50 at a 6% commission. Because if your product isactually a 4% commission,and the product only costs $10,you’d actually only be making $0. 40,and you’d have to sell alot more than 100 per month. So this is just to giveyou guys an example. What do you think is easier,selling over 100 productsper month every singlemonth and having to repeatthat consistently, or selling eight times,getting eight customers,and just retainingthose customers over the course of a year?Which again is not justyour responsibility,it’s actually the company’s. It’s the software company’sresponsibility to retainthat customer and makesure that they’re well-fed,that they are enjoyingthe service, the software,that it’s working for theirbusiness, it’s more soon the company to make surethat the customers are happy. It’s not just your job. So, that basically is my biggestpoint of this whole video. Aside from the actual steps of making sureyou choose the right nicheand product because again,it’s like choosing to bea professional NBA playerversus maybe a professionallacrosse player. Now on top of that,low-ticket versus high-ticket,if you guys are lookingat this chart right here,I mean eight customers and you can addclose to $4,000 over the course of a year. And again, some customers might optfor the higher payment plan,for the higher service,which means, they’re gonna be worthmore than $38. 80 per month,they’re actually gonna beworth over $100 per month. And that’s just from one customer. So I hope you guys cansee the potential In this,and actually, that’s whatI’m gonna be talking aboutin the live in theFacebook group this weekis I’m going to betalking about how I tookthis software from zeroto over $1,000 a month. Right now, we’re looking atClickFunnels affiliate dashboardand you can see that I have31 trials, there’s 14 peoplecurrently trialing andthere’s 17 new trials. Now it says here that it’s $948. 14potential monthly recurring revenue,but if you do the math,this is 31 customers,multiply it by $38. 80 isactually over $1,200 per month. Now, it’s not set in stone,we don’t know how many peopleare gonna convert, and thesenumbers from my experience arejust not accurate in terms ofthe 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 peoplewere to become a customer,this is a potential $1,200per month every single month. 31, if you were to replacethis with 31 customersinstead of eight, I thinkyou guys can probably seethe potential here and howmuch this is potentially worth. And I did this in one week. So I’m gonna be sharing thatin the Facebook group also. I have a free ClickFunnels course,if you guys wanna learnmore about this software,then again, I’ve been acustomer for over a year. So, I’ve been using this,I’ve used it successfully,I’ve only started promotingit now as an experimentfor my mentorship programand showing my students. But I wanna share moreabout that with you guys,because I think this is a huge revelationis learning high-ticket versus low-ticket. Because low-ticket, yousee how you have to workvery hard every singlemonth starting from zerojust to make $300 a month,whereas if you just hadeight customers, eight customers,eight sales, you can make$300 a month and it’scoming every single month. So you don’t start from zero,it’s actually just your baseline. And that’s granted if nobodycancels or refunds or leaves,but again, if you can get eight customers,chances are you can add anothercustomer every single month. If you’re able to get eight,chances are you could getnine 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 upand a comment below, itreally means so much to me. I hope you guys enjoyed this. And if there’re some keytakeaways to get from this video,make sure you choose the rightniche and the right productthat are profitable andhelp you to succeed. Make sure that you are choosinghigh-ticket over low-ticketso that you can get moreresults for less effort,and last but not least, make sure youtake action right after this video. Now, if you don’t knowwhat action to take,I suggest you take my freepassive income masterclassin the description below,you can sign up for free. Again, I’m going live this weekin my brand new Facebook group to talkabout how I took thataffiliate product from zeroto a potential $1,200 per monthmonthly 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 beingsaid, I hope you guysenjoyed this video and ifyou like videos like this,subscribe, hit the notification bell,’cause if you don’t hitthe 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 otherpassive income andaffiliate marketing videos,I’ll put the playlist right here. You guys can check it out, I hope you guyshave a great day and tostay successful, peace.