So my front end product will be a $29.95 audio guide with a free one month trial to a 12-month continuity program (which is $19.95 per month after the trial period). The niche is related to shyness/ dating/ social life. What would you say is a good commission for a quality affiliate to be motivated to promote my product? PS: I will be using ClickBank so the top commission for the initial sale can only be 75%; but I can also offer a recurring commission for the monthly rebill. Thanks
try to find out similar programs in the cb marketplace. see how much others are offering. more commission u offer, more it will attract the affiliates. lot of knowledgeable CB affiliates use gravity as a measure for selecting a program. you will be at a disadvantage at the beginning but you can bring the gravity up by offering good commission and doing a lot of promotion for the product.
If you know how much, on average, you will make from a member then you can calculate how much you can pay. Calculate how much you make from a sale and subtract your expenses, from your profits you can better calculate what you can pay affiliates.
High commission may mean less money, but you'll find there's plenty more affiliates willing to sell for you. I would stick it at 75%. Don't forget to offer, for example, an ipod touch to the highest earning affiliate each month. Or maybe just a bonus $100 or something. It'll get some extra affiliates.
Most affiliates independent of click bank usually give around 10-25% depending of course on what they make off the sales, but this is usually a good amount to get people interested in promoting your products. Of course the 25% is more attractive then the 10% but your product may be one people can tell will sell more often then another type, in which case a lower to lower 10% is usually very desirable. I actually might be interested in affiliating this product on my website, can you link me to the product site so i can view it over.
60-70% seems like the best option for your product. You can add incentives as well. We affiliates love this idea!