Affiliates! $7 products, Yay or Nay?

AnaB · 07-18-2007, 05:10 PM

As an affiliate, do you like promoting $7 products?

What do you like about them and what do you hate about them?

I'm creating affiliate programs for some of my products and am considering using the $7 point and system for some of the shorter manuals and reports..

What are your experiences with $7 products? And, what are the things you hate? And, what are the things you wish you could change?

And, how many of you do promote them? Is $7 way too less for the hassle?

Thanks folks!

I greatly appreciate your time and feedback.

zibblu · 08-23-2007, 10:14 PM

personally i don't spend much time (any at this point) promoting products with a commission of under 20 bucks. I prefer going for the big kills to trying to get lots of small ones...

at this point i'm spending more and more time with products that have potentially much bigger commissions 100$+ usually.

Trapped · 08-24-2007, 05:31 AM

Of course i would point on products that pay bigger commission, but still it depends on the market, if i have a site of a certain niche that deals around the product you are going to sell, and there is no other affiliate that pays more money i would go with yours, but if there is another affiliate that pays twice more than you i would still give it a try and see which one converts better, but yet i will tend more on the higher commission affiliate.

dwt998 · 09-03-2007, 06:44 AM

This is an interesting thread!

Obviously every affiliates prefer a $100 commission rather than a $3.5 or even $10 commission!

However, for those who have lots of traffic, it's always preferable to give their surfer a product that cost $7 rather than $200! So it's always a matter of tuning and finding the best price for each product.

When i started http://www.dirtycrooner.com i was selling it for $29.99. I had very few signups. My affiliates were sending some traffic, were not making any sales and were droping the program.

After an interesting article about pricing (i'll try to find it and post it here) i decided to charge only $11 for the product. As soon as i started, sales started growing and some affiliates were even sending me some icq to tell me how happy there were with it. So depending on the source of the traffic, i have some webmasters who were making $0 with the high price and who are now making good bucks with the $11 price. So i'll stick with low prices from now on, because that's were the internet is heading to.

This is just my experience and im not saying it's the absolute truth!
Just my

hope this helps!

shahab6 · 10-25-2007, 08:15 PM

Quote:

Originally Posted by zibblu

personally i don't spend much time (any at this point) promoting products with a commission of under 20 bucks. I prefer going for the big kills to trying to get lots of small ones...

at this point i'm spending more and more time with products that have potentially much bigger commissions 100$+ usually.

same here, I go for high comm.. over $30. I notice that low and high product have the same converion ratio.

webwhat · 10-23-2007, 07:58 PM

No I don't. I like going for the high priced items.

cldnails · 10-25-2007, 03:43 PM

What's with the $7, is this just an arbitrary number you through out?

pss4u · 01-22-2008, 02:18 AM

Quote:

Originally Posted by cldnails

What's with the $7, is this just an arbitrary number you through out?

cldnails,

Actually no it is not just an arbitrary number being thrown out. There have actually been studies done (and yes I realize that for every study proving one thing there is another study that says the opposite) where the number 7 is some kind of marketing tactic used in the affiliate marketing game. According to these studies and books that are being circulated on the net, the number 7 has a higher conversion rate to the average surfer (ie. 7, 17, 27, 37, etc.) There are scripts and such which also use this theory for sale all over the net. Actually it was a very popular script about a year and a half ago.

As for the dealing with the $7 for the original question. It all depends on your target and what your niche is. A lot of affiliates tend to want to go for the higher commissions (that is great if you are going after a recurring affiliate or promoting a tangible product) but if you think about some things, Sure you get the higher commissions but if you already are known and liked by your list and you have support from your lists then $7.00 really isn't that much to spend.

I hope that this helps you out,

Jason Conway
Platinum Success Systems, Admin

shahab6 · 10-25-2007, 08:13 PM

it depends on the product, if it has high conversion(1/15) why not. But if it is low conversion (1/50) then no. Also with $7 there is not much room for paid advertisement.

cldnails · 01-22-2008, 08:34 AM

I honestly had no idea pss4u, thanks.

pss4u · 01-22-2008, 11:58 AM

Quote:

Originally Posted by cldnails

I honestly had no idea pss4u, thanks.

Well the only reason why I knew what was being discussed is because I am an informational junkie and I actually have the script and the documentation that is being discussed. If you would like I could post part of the documentation or even email you the documentation if you are interested.

Swerd · 01-22-2008, 05:44 PM

I wouldnt advertise anything that pays under $15 for a few reasons.

not enough payout to afford paid advertising like PPC. This means not able to bid as much which means other advertisers with higher payout will always out bid me.

Not really worth building a site and doing all that SEO.

Not really worth article marketing, Squidooing etc.

pss4u · 01-22-2008, 06:57 PM

Quote:

Originally Posted by Swerd

I wouldnt advertise anything that pays under $15 for a few reasons.

not enough payout to afford paid advertising like PPC. This means not able to bid as much which means other advertisers with higher payout will always out bid me.

Not really worth building a site and doing all that SEO.

Not really worth article marketing, Squidooing etc.

There seems to be a trend with some of the affiliate marketers. It seems as though they are looking at total profit from the product. My question would be to the affiliate marketers, Are you building a list from the people that you are marketing to??? I have had success with a couple of different ways to throw in some $7.00 products but I also have a list that trusts me and is about 1k people and I usually can convert about 10% off of one email. So I guess is it just me or are you not gathering lists?

Jason Conway

Swerd · 01-22-2008, 08:15 PM

oh i would promote a $7 product through a list.

I gather lists and usually use PPC. I offer free tips/ebooks to build lists

CarlOrf00 · 02-13-2008, 01:50 PM

I'd say take the idea of a $7 and beef it up with video/audio for higher perceived value. Charge $8. You'll make a killing (I'm kidding)

Sure you've heard this before, and I had also, never believed until I did, but it's just as hard to sell something for $7 as it is to sell something for $7000.

If you look at your income goals you'll see you need fewer sales @ $7000 to hit them.

To be honest, its all about how you can make the market view your product. I know I've spent WAY TOO much on an ebook or something that should have been $3 but was $35.

Like the kids say "it's all in the sales page"

Cordell · 02-16-2008, 02:00 PM

$7 products are good if you can build your list at the same time. If you only have a small list and you are trying to sell, then dont waste your time.

fiona45in · 02-17-2008, 11:21 PM

I like selling products where the commission is good!

moregood · 02-18-2008, 11:35 AM

i sell all kind of stuff, from $0.50 to $50000+... so i can tell dont think how much product cost.. think how it coverts..