Music is everything. A music product is essential to your music traffic. There are three major musical industries that have huge potential: music lessons and instruments, Mp3s, CDs, and musical performances. Each of these industries has incredible affiliate programs. They promise millions of enquiries, hundreds of thousand of sales, and most importantly: the ability to establish incredibly profitable relationships.
One customer could be your only customer. Customers may collect music, lessons, and other instruments. This could promise a life-long shopping spree. The affiliate program should be optimized if you plan to promote musical products. This will ensure that every customer becomes a regular customer.
Music affiliate programs are more often than not a one-time offer. Once the transaction is complete, they cease to generate any sales. A great offer should have a back end amount or continue to pay you once the person signs up.
People who download music are more likely to purchase it again, so your merchant should have more to offer customers after the initial sale.
People who are musicians will need new equipment, tools, lessons, tips, and tricks. After that, they can purchase tickets to see the shows and make their music.
The average person spends hundreds on music CDs or MP3s every year, while some studio musicians spend thousands on musical instruments, sounds and software.
CDs of the bands’ recordings can sometimes be purchased by individuals or bands. They will often spend at least $5,000 on them! Don’t miss out on the opportunity to earn a lot of money by working as an affiliate for music affiliate programs. You’ve made a good decision.
You should first look at the Google keyword tools to see what keywords are available. Use terms like “musical instruments”, music store,” download mp3’s”, “music software”, “instrumentals”, “sounds,” or “music tickets” to get started. Look through any sub-keywords. Sometimes smaller niches can turn like mad.
These niches are relatively easy to promote and are affordable. “Rap beats” is a niche that is easy to promote, highly converts, and has the highest potential for repeat business. There are several music affiliate programs available for hip-hop beats or instrumentals Letsmix. You will get high conversions, large payouts, and lots of traffic.
Music production is another popular category. People who buy music production software or lessons spend an average of $680 per year. A buyer may purchase a membership on a website that charges monthly re-bills. The membership will be kept for two years, and the total amount will be $680. A similar guy will buy 500 sounds from another site and then purchase a $1600 keyboard at a music shop online. Music is big business.
If you are looking to join an affiliate program, the name of the game should be money. Call the merchant to get the average payout per client. What are the most common average payouts per customer from them? Promote the music affiliate program which makes you the most money. It does not matter whether the niche has lots of traffic, but low conversions, nor if it has a high payout with little traffic. You should promote the one that makes you the most money. You should also consider where the traffic is coming. For example, if you have been with a niche for a longer time or trust a merchant more than another.
As with other affiliate programs, the typical payout for a digital product can be between 50% and 70%. The average payout for physical products is around 7%. 10% would be amazing, especially if your products are $20,000! You should remember that rebilling can be very effective, but you must ensure it has a good conversion. Without the initial sale, there will not be any one to bill!
If your traffic converts to mp3 sites with just one payout, it is most likely that you are doing it for the large amount of traffic. You might be able to gain an advantage over your competitors by using a coupon or a bonus offered by the merchant. To show merchants that you mean business, make some sales.