So how possible is it to build an autopilot online business? And what does it take to make it happen? With affiliate marketing, anyone can learn how to make money from the internet by selling other people’s products. Affiliate marketing is an important part of operating an “autopilot” business online. There are other models which allow you to do this too of course, such as drop shipping. See drop shipping success stories.
Both models of affiliate marketing and drop shipping allow the marketer to focus on marketing. Ideally, choose an already working business model which has plenty of customers and a range of products to sell (access one by signing up to the video series on this site).
Digital products are useful for automation because you can sell them to anyone worldwide, and there’s no postage, handling or manufacturing costs involved (once the products are created). This means the savings can be passed on to the affiliate who promotes them and they can typically earn 30-50% commission based on a sale. If you compare this to physical products you might find on Amazon to sell, for example, you’ll see a massive difference in commission rates. Typically Amazon pay somewhere between 3 and 10% commission to affiliates.
Autopilot Online Business – What’s Next?
So you’ve found a range of digital products to sell and set up your ready made sales funnel. Well this is the easy part if you use an existing affiliate business which gives you the tools and products to do this with. A “done for you” sales funnel can give you a business “in a box” with a range of digital products to sell online. Once set up you need to focus on marketing your landing pages with either a marketing platform or by some other means.
How long does it take to make money with affiliate marketing? Depending on your choice of marketing, building an sustainable and profitable online business can take anywhere between 6 months and several years. For example, if you focus on blogging, it can take much longer to achieve. Whereas if you have a marketing budget, you can get much faster results if you run paid marketing campaigns.
Autopilot Online Business – The Best Business Model?
To autopilot an online successfully, you not only need products but also customers. Which also means you need to offer some kind of value which keeps people happy. If your customers aren’t happy, they will leave and go elsewhere. One of the most important strategies to use as an affiliate marketer is recurring income affiliate programs. With a recurring income program, you use products and services which offer ongoing value. These are things like software products and memberships. As an example, most online business owners will use an autoresponder.
This is an email marketing software which helps them build a list of subscribers and organise the collection and delivery of email messages. See autopilot money making software. If you promote products like this, you not only earn a commission on the sale, but you also earn ongoing commissions each and every month for each of your customers. Even if this is a small amount, such as $10 for each customer, with 100 customers you earn $1000 a month. With 1000 customers you can earn $10,000 a month. With a global audience to target with your advertising this is very possible and achievable.
High Ticket Products
High ticket products are those products which give you the largest commissions on a sale. Good products to choose are worth over $1000 and pay out 40% commission. So rather than choosing low value products which sell for $100 and give you a $40 commission, choose instead a $1000 product which pays you $400 commission.
There’s a few reasons why this is a better option for affiliate marketers. To build a profitable business requires fewer sales than would be needed for low value products. 10 sales of a $1000 product gives you $4000. To make this from a $100 product with the same rate of commission would require selling 100 products. In addition, selling a mastermind product for $20,000+ would give you a massive commission of $8000 on a single sale (at 40% commission). So high ticket products can help you build a business much faster as an affiliate and scale up more easily too.
But high ticket products also help you with your marketing efforts too. Marketing costs money so if your business model doesn’t have a number of income producing products within it, it’ll be much more difficult to gain traction and spend more money on advertising as you scale up your business.
Multi-Tier Commissions
Multi-tier commissions also help you in an online business massively. With multi-tier, you are rewarded financially for not only your own sales but also sales made by your members. This offers an incentive to help others who join a program you are promoting and get them to be successful. When they are, you can earn more income trickles based on their sales. This in combination with high ticket, and residual or recurring commissions offers a great business model which is much more sustainable than most.
Summary
So what ultimately makes a good autopilot online business overall? Here’s the main key points:
- Use digital products or an existing business model which can be automated and scaled.
- Have a range of products in your sales funnel
- Use marketing to build a list of subscribers and promote products
- Scale up and build a number of subscription members
- Help your members to be successful
- Rinse and repeat
Everything within your business should be automated and have the ability to be scaled up to a global audience. Access the free video series on this site to access a business system and training program.