A lot of people sign up for luxury affiliate programs without even really knowing what they are signing up for. This is a huge mistake. Especially if you are new to the internet marketing scene. Here are some things to avoid when signing up for these types of programs.
What kind of Luxury Affiliate Program to AVOID
Good quality luxury affiliate programs will never ask you for any kind of upfront start-up money or any kind of special discount or commission structure. Good. This is because most of the time invested in finding really good programs really has been spent in finding out which companies offer the highest quality programs at the best price to the consumer.
On top of not charging a large upfront fee or even giving away a refund if you’re unhappy with their product, one of the worst ways to approach luxury affiliate marketing is to use cookie stays. Cookie stays are when the affiliate site you promote loads a cookie on the visitor’s browser that remains there until the visitor leaves the page. After the visitor leaves the page and moves on, the affiliate program website does not follow them and does not continue to show banners or text links to their affiliate sites. This is very bad for two reasons.
First of all, if you don’t charge any commissions, you won’t be making any money.
Secondly, if you are requiring your visitors to make a minimum payment or make some kind of purchase before they can leave, you are only seeing people who are interested in what you are advertising. They won’t be interested in buying from you if they do not have to make a minimum payment or order something to join. If you eliminate the need to force these individuals to purchase something and just promote your offers based on what they want to do, you will be much more likely to receive leads and convert those leads into actual sales.
A common complaint that many individuals have about these platforms is that they require too much information upfront to promote their offers. One popular method is to provide links within your description of the services that you are promoting. However, the problem with this is that if the person browsing your page clicks on one of the links, you will then be charged a fee. If this isn’t upfront, and the Fiverr customer wants to know more, they are then forced to log in to the affiliate program website, type in their information again, and then click on a link that takes them to a page that doesn’t have any more information for them. These are two very annoying ways to promote your business on these types of platforms.
One of the most important parts of creating an affiliate marketing campaign is to ensure that you create high-quality content. Unfortunately, many people create YouTube channels that are full of promotional material but do not have any links or call to action in the videos. Instead, they just promote their links and include large banners at the end of each video. This is ineffective because the viewer has no interest in purchasing anything after the video is over. This is a major mistake that new affiliates make and they often end up creating poor quality content.
The Best Luxury Affiliate Programs
When it comes to choosing the best luxury affiliate programs there really is no easy answer. Some of them pay quite well, while others are average at best. But no matter which one you choose to work with, there are certain things you can do to ensure you will get the most out of your efforts. These are just some of the tips I put together after successfully promoting four different luxury affiliate programs.
The best luxury affiliate programs pay top dollar.
So, what is the downside?
While many of the top luxury affiliate programs are willing to negotiate very favorable rates with affiliate marketers who bring them quality traffic, many of the low-cost or even free programs don’t offer as much value. Some upwards of ten percent for top-performing high performers, while the other 99 percent have little if any commission.
That said, here is one diamond in the rough that I love working with. Harrods is a fantastic high-end department store known for its high-end clothing, particularly its women’s collection. They also sponsor an excellent jewelry affiliate program, known as “CLUE.” According to their FAQ, they pay their highest commission at $600 for each product sold. That sounds like a pretty good deal. If you want to sell their jewelry, you will need to send them a note about your product and include a link to your own website.
Another one of my favorites is Neiman Marcus. They sponsor excellent jewelry and watches affiliate program called “RealRealReal” which is operated by the world’s largest watch and jewelry company, Nomame. In exchange for a percentage of each sale, both parties earn a very generous commission. Neiman Marcus real rooms are also known for their premium handbags and watches. So if you’re looking for the best luxury affiliate programs in the world to promote, these two locations should be on top of your list.
The last few spots on this list may surprise you. But if you’re an internet marketer new to the world of luxury sales, I highly recommend the net-a-porter affiliate program. The founder, Matt Farfetch, runs the world’s largest selling marketplace, E-bay, while also launching a worldwide network of affiliate marketers. The net-a-porter affiliate program, simply put, sells products from eBay. So when someone clicks on one of your listings and makes a purchase, you get paid. It’s that simple!
Also on our list is Fendi, which is owned by France’s biggest shopping mall owner, Ecole. With an affiliate program known as Fendi Digital, you can sell any of hundreds of different Fendi products, from handbags to sunglasses and watches, to make a commission. During the Fendi cookie period (which is 14 days after you place an order), you’ll have limited access to the products so be sure to check with your online retailer of choice to see if they are participating in the cookie period.
Last but not least on our list is Prada. Like Fendi, during the Fendi cookie period, you have limited access to the products, but unlike eBay and Neiman Marcus, you do not need a credit card to buy from Prada. Instead, you will receive a commission for every sale, which works like a point system. If you find a Prada product that you would like to promote, all you need to do is create a sale page with a link to the product that will capture your customer’s name and email address, and then send out an email to everyone on your list with the link in it.
If you’re looking for a commission-based income opportunity that doesn’t require you to spend a single cent, CJ Affiliate is the way to go. They have an incredibly simple interface that lets you manage and track your commissions in real-time, while also providing you with the ability to create unique sale pages and integrate Pay Per Click into your marketing campaign. If you want to get paid to drive traffic to your website, the CJ Affiliate is the one for you. Not only will you earn an amazing commission, but your business will grow at an exponential rate as more people become aware of your products and services.
What is a high-end affiliate?
High-End Affiliate Marketing is generally a technique that gives huge profit on fewer sales but in lesser time. It is generally practiced by affiliates who are into internet marketing as a source of full-time income. With it, an aspiring affiliate sells only the limited product categories which are bound to offer more commission on its respective sales than the other sales did before it. These are known as high ticket items since they offer a higher commission of up to $1,000 for their respective sales before which the sales of the other sales will be deducted. This is done in order to get commission more from the customer in return for the time and effort which is used to advertise and promote the product.
It is generally practiced by affiliates with less time on marketing. It is not advisable for a person who is interested in High-End Affiliate Marketing or any other Internet Marketing to try his/her hand on this until he/she has enough knowledge and experience in internet marketing. It is advisable to try it out initially on a small scale before going full-time as an internet marketer.
The process of High-End Affiliate Marketing is as follows:
In order to start off with High-End Affiliate Marketing, the individual should select a reliable affiliate program that is of good reputation. It is the best and ideal place to begin with High-End Affiliate Marketing. The selected affiliate program should be one that can show the commission percentage after the commission s/w has been paid to the affiliate. The chosen affiliate program can be one through which money can be made on every referral. If you choose the correct program to promote, it will definitely result in an income stream that can sustain your financial status for a long. It is important to know the specific product that you wish to promote.
In addition to the affiliate programs to promote, it is equally imperative to know about the tools that you need in order to create your own website. If the information and support resources are available on the webmaster help site, it will save a lot of your time. You will be provided with the HTML editor along with all the necessary plug-ins that you need in order to build a high-end affiliate website. There are several free web hosting plans that also come with a support system.
Another thing to consider in what is high-end affiliate marketing is the quality of the host server. It is very important to make sure that the server is reliable enough to handle all the traffic generated by the online business. Host servers must be scalable to accommodate the large number of visitors expected. High-end affiliate marketing is dependent on the number of visitors that a particular site receives.
Another important factor in what is high-end affiliate marketing is the content of the site. The products or services that one promotes must be worthy of being promoted. A lot of people make the mistake of promoting products or services that do not have the required marketability. It is therefore important to conduct thorough market research to determine the relative marketability of the products or services to promote. Most importantly, the chosen promotional strategy should be profitable for the affiliate. Without profit, there can be no success.