Backend Profit Secrets and Viral Marketing
Once you truly understand the power of backend profits, you'll explode your marketing results and create an unstoppable viral machine.
The techniques I will reveal to you have often been taught in many marketing courses and articles...but they are still underutilized because of two words -- "tunnel vision."
Backend profits means the additional income that you earn from a customer. The first purchase from a customer is the front end profits while the second purchase and so forth will be your backend.
The really good marketers understand that the most money will be made on the backend.
Here are a couple reasons why:
You can charge higher prices for backend products because you've already built a relationship with your customer.
They already know the quality of your product and of your customer service. You no longer have to convince them that you're credible and that your information is good.
You only have to convince them that your backend product is higher quality than your front end product and that they NEED the backend product.
Trust is one of the single most important components of selling. You can earn that trust by providing a good front end product.
Most marketers do not truly understand the power of the backend and that's a fact.
I know because I see very few affiliate programs which pay higher than 50% commission.
Think about this for a minute.
Let's say you sell your product for $50 and you give 50% commission. You have 5 affiliates who each make 10 sales each.
You pocket $1,250 after paying commissions. You now have 50 customers. Five of them end up purchasing your $100 backend product for a profit of $500. Total profits is $1,750 for you.
Now let's consider giving away 75% commission to your affiliates.
By giving away higher commissions, you get 10 affiliates instead of the 5. Ten affiliates making 10 sales each at $50 will make you $1,250 -- which is the same front end profits as before.
Now you have 100 customers and make 10 backend sales for $1,000 profit.
So how did you end up making more when you increased your affiliate commissions by 25 percent? You made it on the backend.
Here's what is happening behind the curtain as you increase your commissions.
You gain more affiliates and subscribers as those affiliates send you more traffic to your site.
Those affiliates are happier with their higher paycheck because you gave them higher commissions. Therefore, they will continue to send traffic to your site.
This cycle increases your traffic over time as you gain more customers, more affiliates and more subscribers.
It's the ultimate viral marketing machine!
More subscribers equal more profits. More customers equals more profits. More affiliates equals more profits.
So is all that worth a hit on your front end profits?
Yes!
The problem most people have is they can't stand to see their affiliates making more than them. Tunnel vision keeps them from seeing all the extra subscribers, customers and affiliates which could be theirs.
Please remember one thing about running your affiliate program.
A 75% reduction in profits is better than a 100% reduction, which is the case if the affiliate had not made ANY sale.
In summary, you should create an affiliate program for your front end product which gives away a majority of the profits.
You should also spend your time creating multiple backend products.
Gary Huynh is a full-time online information marketer. He currently earns money from affiliate programs along with running multiple membership sites. View his weblog at: http://www.garyhuynh.com for more tips and tricks to help you achieve a full-time work from home business.
Powered by Feedzilla
Contact Us Today For Ad Information... Ebooks, Scripts,
Websites, and more... Many people think that they can only get involved in... Read More Affiliate programs (also called Referral Programs or Partnership Programs) are... Read More Choosing the right affiliate program is vital for your success.... Read More Have you ever wondered why it is very difficult for... Read More When a newbie begins an online business, the temptation can... Read More Have not decide if becoming an affiliate is for you?... Read More Simply put, Affiliate Marketing is one of the most common... Read More Whether you are a newbie to Internet or a proud... Read More People sign up with affiliate programs everyday, looking to expand... Read More What do I mean by '2nd Wave'? ... let me... Read More It is my opinion that the best AFFILIATE PROGRAM ever?is... Read More If you are one of the 98.6% of affiliate members... Read More Affiliate Marketing (AM) is fast becoming a major trend in... Read More When joining affiliate programs there are many decisions you have... Read More 1. Develop credible, benefit rich ad copy, along with a... Read More What is a good converting site?Well they say a "good"... Read More A cycler or doubler that offers nothing of real value... Read More So you've joined an affiliate program, but really haven't figured... Read More I often wonder what I was thinking by joining an... Read More You need to do a bit of research on which... Read More Internet business is a bit confusing especially if you're not... Read More Affiliate Program is a ground floor opportunity. All you have... Read More Requesting information on an affiliate program is an open invitation... Read More Easy profit, a worldwide market, manageability of business at home... Read More What are the Search Engines?A Search Engine is special database-driven... Read More
Cheap Domain Names
Expanding Your Business With Affiliate Programs
Creating an Income Stream with Affiliate Programs
Choosing The Right Affiliate Program
Secrets of Super Affiliates
Top 7 Affiliate Marketing Tips for Newbies
Reseller vs Affiliate ? Which One Is For You?
Affiliate Marketing
Making Money with Affiliate Programs ? Part III
12 Tips On Selecting An Affiliate Program
Join in on the Success of the 2nd Wave of Affiliate Marketing
Generate More Sales in ANY Affiliate Program ? Part One
How To Make Affiliate Sales In 15 Minutes
5 Affiliate Marketing Facts of Life
Make Sure Affiliate Programs Pay for every Sale
10 Profit Boosting Tips To Increase The Success Of Your Affiliate Program
Affiliate Marketing - Conversions
Never Get Burnt by a Cycler Program Again!
How To Increase Your Affiliate Commissions!
What Was I Thinking
Affiliating Correctly - Only Work With the Winners
Overachieving Your Way to Super Affiliate Stardom
Affiliate Program Basics
Choosing the Right Affiliate Program
How To Choose The Right Niche To Promote
Free traffic vs. Extra Revenue - Earning From PPC Search Engines
Contact Us Today For Ad Information... You have probably heard "the money is in the list"... Read More People sign up with affiliate programs everyday, looking to expand... Read More If affiliate marketing is so lucrative, then why do so... Read More Do you find yourself looking for a way to make... Read More Affiliate marketing involves the promotion of a website by a... Read More If you have a website with some traffic, you can... Read More 1. Your Own web site:Most affiliates put a redirect link... Read More VISUALIZE, STRATEGIZE, ENERGIZE, REALIZE reprogramming is the subject today.Every single... Read More Affiliate Program have exploded on the internet. Thousand of people... Read More Have you ever wondered why it is very difficult for... Read More Day 1 - What Are Affiliate Programs?Welcome to the wide... Read More 'Self-replication' sounds like science fiction but it's not. It has... Read More More and more people are turning to the Internet and... Read More So, you have worked really hard to build a fabulous... Read More It surprises me that many people fail to grasp this... Read More To generate additional business income, consider expanding your business through... Read More So you've decided you want to become an Internet Marketer,... Read More Business is founded by the principal of right contacts, meaning... Read More I should have listened to an internet veteran back in... Read More Regarded as one of the choice Internet marketing systems offered... Read More As more and more people are getting into the AdSense... Read More Internet Marketing can be an enjoyable and profitable experience, but... Read More In the time I have been running my internet home... Read More Affiliate marketing refers to the promotion of products or services... Read More Here's a really simple way... to find out which affiliate... Read More
Affordable and Reliable Web
Hosting Starting
How To Build An Email List As An Affiliate
12 Tips On Selecting An Affiliate Program
Ten Ways Affiliates Sabotage Themselves
How To Make Money On A Music Website Through Affiliate Programs?
9 Ways to Catapult Your Affiliate Marketing Career
WEBMASTERS - Earn Money With Affiliate Links
Affiliates: 3 Things You Should Own Though You Dont Own A Product.
Generate More Sales in ANY Affiliate Program ? Part Four
High Earning Affiliate Is It Possible?
Secrets of Super Affiliates
Is Earning Money With Affiliate Marketing A Myth?
Self-Replication, The All Important Third Step in Affiliate Marketing
Webmaster Affiliate Programs - How to Separate the Good from the Bad
Protecting Yourself From Affiliate Link Thieves
You Have to Spend Money to Earn Money
Grow Your Business with Affiliate Marketing
What To Look For When Choosing Affiliate Programs
Overwhelmed at the Number of Affiliate Programs, Help is On the Way
3 Powerful Words
Affiliate Marketing at a Glance: Helpful Hints
AdSense Stats and Performance 101
Can You Succeed Marketing An Affiliate Based Program?
5 Essential Tools of the Successful Affiliate Marketer
What Is Affiliate Marketing?
Five Things to Look For to Join Any Affiliate Program!
Affiliate Revenue |