How To Choose A Competitive Maximum Profit Product

How To Choose A Competitive Maximum Profit Product

 It is essential to choose competitive maximum profit product to carry in your sales arsenal. As a result, your online marketing success will improve.

Brett Chesney in Success strategies says: “Although there is no 100% watertight method for finding a  competitive maximum profit product, there are a few things that go a long way toward increasing your chances of success. (see https://www.clickbank.com/six-steps-to-finding-a-great-product-to-promote/

Brett Chesney  lists six important areas when  choosing a competitive maximum profit product to market:

1/ Brainstorming a niche
Choose a niche that you have experience in, are particularly interested in or maybe wish to learn about. It helps if you are familiar with your subject. The result will be faster, easier  and more credible and persuasive copy

2/ Understand your customers.
The easiest way to delve into the minds of your market is by browsing forums related to your niche. This is a great way of finding out buyers’ needs, wants, and problems.

3/ Selecting best-selling products
You should know that ClickBank uses a measure called ‘gravity’. This represents how well each product sells. It is based on how many sales have been made and how recent these sales were.
High gravity means high demand. Consequently, you have access to potentially a lot of people with lists. As a result, you may be able to form partnerships or JV’s (Joint Ventures).

4/ Multiple Products
Ideally, you want to find a market that has multiple related products being sold. Hence, you will compete better with other affiliates.

5/ High Commission Percentage.
Go for a commission of greater than 65% unless perhaps a product has a higher product value. Aim for product paying out at least $18.

6/ Persuasive Vendor Pitch Page.
Look carefully at the product sales page. You are relying on it to convert visitors into customers. Keep a close eye on your reports, and use Tracking IDs. Consequently, you will see what pages and products are performing the best.

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How to choose a competitive maximum profit product.

Choose your competitive maximum profit product strategy carefully

Choose your competitive maximum profit product strategy carefully

Beau Blackwell is Clickbank Director of Education. He provides clues in an article titled “Four Simple Ways To Find The Perfect Product To Market”.  When considering how to choose a competitive maximum profit product you should keep in mind his clues. You can read the detail here: https://www.clickbank.com/4-simple-ways-to-find-perfect-product-to-promote/

The steps he suggested when sourcing Clickbank product are as follows:
1/ Use the Clickbank advanced search and filters to find competitive maximum profit product that suits your needs. Some ways you can use Advanced Search to improve your results:

*Exclude keywords from the search that don’t make sense for your niche or audience
*Search for keywords only within a particular category
*Look for high $/sale products (this is especially important if you’re doing paid affiliate advertising)
*Find vendors that include a PitchPlus upsell or recurring commissions
*Look for products in different languages
*Find new vendors to promote by setting the Activation Date to a recent date
*Look for vendors with an Affiliate Tools page (more on that later)

By narrowing down the options you can find great products to promote. As a result, you get the best return on your efforts.

2/ Use marketplace stats to determine customer lifetime value.
Many vendors offer recurring commissions. If they have a good customer retention rate, you can earn significantly more over the life of a customer. Therefore this compares more than favorably compared with only a single sale.

3/ Look for vendors with a Vendor Spotlight or Affiliate Tools page.
Make your life a little easier by using vendor-created resources for your promotions, These include banner ad images, keyword target lists, email “swipe” copy, free reports to give away, and more.
You can use Clickbank Advanced Search or Filters to find vendors with these pages. It can be one of the easiest ways to get promotions up and running quickly and effectively!

4/ Reach out to vendors directly.
Reach out to the vendor directly to try to get a review copy of the product, Most of all you could buy the product directly if the vendor doesn’t provide review copies. Buying the product can also be useful since it lets you test out the vendor’s purchase process and customer support. Consequently, you feel will feel more comfortable recommending that product to your audience.
Reaching out to vendors is also a good idea because they may be willing to offer extra benefits or perks. These could include bonuses, customized affiliate links, custom landing pages, or any number of other benefits.

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How to find a competitive maximum profit product.

Brian Dean, is from Quick Sprout, In an article entitled “How To Find A Clickbank Product To Promote” He has some great information when considering how to choose a maximum profit product. See https://www.quicksprout.com/university/how-to-find-clickbank-products-to-pro

Work to extend your competitive maximum profit product reach.

Work to extend your competitive maximum profit product reach.

Brian Dean’s steps to follow:

1/ Assess your type of visitor

2/ Create a simple but effective spreadsheet just to keep track of all products and tracking product name, the gravity, product cost, and a link to the sales page.

3/ Choose your product category from the Clickbank sidebar.
Don’t just stop at the categories that fit best, you want to look at other categories that might be in line with something else your target audience wants.

4/ Check out the product’s gravity. This is basically how many different affiliates are making sales from that product. This really shows that it’s a proven winner.

5/ Check the average amount of money per sale. This might include re-bills as well.

6/ Check average commission per sale.

7/ Check for an up-sell; sometimes referred to as a pitch-plus.

If it seems that the above reveals a product you would wish to market enter the relevant information in your spreadsheet.

8/ Check the relevant sales page for appropriate presentation and whether the product will suit your audience.

9/ Consider purchasing the product to ensure that there are no hidden surprises.

The above authors Brett Chesney, Beau Blackwell and Brian Dean give valuable insight  into choosing a maximum profit product to market

 

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