Some of the best products to promote as an affiliate are offered by recurring commission affiliate programs. With recurring commissions, you sell a product once, and potentially make a lifetime recurring commissions from the sale. Typically these kinds of products offer ongoing value to the customer in the form of membership to a program or a software product of some kind.
Recurring Affiliate Programs List
Here’s a recurring affiliate programs list:
- The Six Figure Mentors – Digital Online Business Mentorship Program.
- Aweber – For email marketing
- Leadpages- For custom landing pages
- Get Response – Email marketing
- Elegant Themes – WordPress website themes
- Social Pilot – Social Media Tool
- SEM Rush – SEO tool
- Snip.ly – Conversion/opt-in tool
- HostGator – Hosting provider
- Shopify – Online Store Builder
Why Choose Recurring Commission Affiliate Programs?
It’s obvious why many affiliates choose to sell these kinds of programs. A recurring commission on a digital software or membership product is far better than a one-off sale of some kind. It’s especially better than selling physical products too, which typically offer far less in terms of commission than digital products; which recurring commission programs usually are.
Take a look at the list above. All the products are digital products which are accessible online. None of them are physical products. Although physical products sell well online, they are not so good for affiliate marketers because they usually offer only 3-10% commissions. Digital products on the other hand offer much more, up to 40-50% in some cases.
Recurring Commission Affiliate Programs – A More Sustainable Business Model
Recurring commission affiliate programs offer affiliates the opportunity to build a much more sustainable business by promoting their products. With ordinary products (and even digital products), it’s much harder to build a sustainable income over the longer term. Getting traction with an online business is the key to longevity. Many affiliate marketers quit because they just don’t know this or they can’t get the traction in their business to make it sustainable.
“High Ticket” Affiliate Products
Another consideration for affiliates is the use of high ticket affiliate products. With high ticket products, you can earn much larger commissions from your members with larger value product sales. A high ticket product, for example, can sell for up to $20,000 with up to a 40% commission attached.
High value digital products include mentorship programs which offer more personal training and one-to-one training structures. This kind of product in your ‘digital store’ can mean that it’s easier to use paid marketing to build and scale your business. With lower value items in your digital store, you need to focus on free marketing strategies instead. This means it can take much longer to generate traction in your online business. See High Commission Affiliate Programs.
Up-Sells In Your Sales Funnel
Another consideration is to use up-sells. “Up-sells” are products you can offer existing customers. Many products, including recurring commission affiliate products, only have the one basic item for sale. With a product range, you can use the benefit of multiple “up-sells” to generate commissions from ongoing sales to your customer based which are closed by an in-house sales team. See Ready Made Sales Funnel more more on up-sells and digital product suite.
Multi-Tier Sales – Commissions From Your Referral’s Sales
The Six Figure Mentors offers multi-tier sales at their top tier partner level. This means that you can earn a percentage of the sale value when your referral’s start generating sales in their online business. This also gives you an incentive to help people directly as they become more proficient at building their online business.
Marketing A Recurring Commission Affiliate Program
How does a recurring commission affiliate program affect your marketing strategy? Knowing a single sale can bring in a monthly income gives you far more leverage than if you’re selling physical products from Amazon. This can mean you are able to use paid marketing strategies. Knowing your yearly return on investment from, let’s say 100 sales, can give you the confidence to spend money on an advertising budget. If you’re selling books from Amazon, you would be wasting your money!
Multiple recurring monthly commissions can soon mount up. Compared to a stand alone product which pays only once, you can see that recurring commission affiliate programs can give you a lot more flexibility when it comes to marketing. You still need to make the sale of course, but there’s more scope for using the different marketing platforms when you can more easily recoup your advertising budget.
With a good product range and built in sales team, there’s more options again for using the more expensive (and better) marketing platforms.
Checkout my review of The SFM (Six Figure Mentors) who offer a training and education platform, an online community and a range of high ticket products which offer subscription commissions, up-sells, multi-tier sales and a built in sales team.