You want to kick off in Affiliate Marketing and are looking for the best strategies for product selection on Digistore? In this guide, I will show you how to find the optimal way to search and select products that offer high sales numbers and an attractive commission.
Most Important Insights
- Successful product selection requires targeted research and analysis of the corresponding key figures.
- Pay attention to the sales rank list to assess the popularity of a product.
- The commission and the average selling price are crucial factors for potential earnings.
Step-by-Step Guide
Step 1: Access to the Digistore Marketplace
To choose a suitable product, start by visiting the Digistore marketplace. Here, you can specifically search for products that match your area of interest or that you already have in mind. Enter a keyword in the search field, such as "YouTube", to find relevant offers.
Step 2: Product Selection and Vendor Identification
If you have a specific product in mind, you can enter the name of the vendor to search for their products specifically. For example, you could use "YouTube for Business" if you know the vendor's ID. This way, you will get an overview of all the products that this vendor sells.
Step 3: Payment Method and Product Selection Filtering
Make sure to filter the payment method. It is often advantageous to opt for products with one-time payments as they are easier to sell than subscriptions or installment payments. This not only affects the sales process but also your commission.
Step 4: Check Sales Rank and Popularity
An important criterion in selecting a product is the sales rank. Products that are high in the ranking have already been sold frequently and are therefore more popular. You should look for products that either rank first in their category or are at least very well placed.
Step 5: Analyze Key Figures
The following key figures provide valuable information about the product's chances of success:
- Average selling price: An important indicator of how much money you can expect per sale.
- Commission: Make sure it is attractive. A 30% commission at a higher selling price can be much more profitable than 80% at a very low price.
Step 6: Consider Conversion Rate
The conversion rate describes the percentage of users who purchase a product after visiting the sales page. High conversion rates are often an indicator of effective marketing and appealing sales pages, leading to higher earnings for you.
Step 7: Keep an Eye on the Cancellation Rate
The cancellation rate shows how many buyers abandon their purchase process. A high cancellation rate may indicate issues that reduce your provisional earnings. Make sure this rate remains within an acceptable range.
Step 8: Analyze the Sales Page
Take the time to review the product's sales page. Pay attention to how appealing the page is, what information is provided, and what first impression it leaves on the potential buyer.
Step 9: Support for Affiliates
Customer support or affiliate program pages can help you with marketing by providing you with promotional materials or explaining how to best promote the product. Familiarize yourself thoroughly with their content to optimize your advertising presence.
Step 10: Dare to Experiment
After you have gained a comprehensive overview of the products, do not hesitate to try out different products. Product prices and commissions can vary, so find the balance that gives you the best results.
