Say you have a product that you want to start an affiliate program for. Ok, there have been/are other SIMILAR products out there that claim to work but dont actually work (snake oil). These products have affiliate programs which pay out a generous amount per sale due to the fact that they are getting these products for super cheap and the markup is like 100%. These existing products DONT work. Thats why they are sooo cheap and thats why they can payout what they do...
This new product DOES work and VERY WELL at that, only this product is expensive. It could go for the same price as the "snake oil" products and I will still be making a decent profit but at this price, affiliates wouldnt get much out of it.
Say the "snake oil" product is 60.00 to the surfer where the affiliate is getting like $40.00 per sale. This means, the sponsor is paying anywhere from 1-20 bucks for the product.
The product IM talking about that DOES work costs ME like $50.00 already so if I mark it up to $60.00 to compete I only have $10.00 to work with between my affiliate and myself.
This product should sell itself but I also want to open the program up to affiliates of course.
I know I could markup the product to 90.00 so I could keep 10.00 and the affiliate could keep 30.00 but im afraid that price is too high.
Any input is greatly appreciated.
