Thursday , November 14 2024

What is Product launch? Should I make money with Product launch?

What is product launch?

A product that starts to hit the market after going through the testing process. Abroad, the term PL is mainly used in product manufacturing processes or to begin describing marketing campaigns. When most people think of PL, they immediately think of the form of making money with affiliates. And in this article, I also only talk about PL in making money with affiliates.

Why choose Product launch to be an affiliate without choosing products that have been produced for a long time?. The answer lies in the rose. PL has a terrible commission that few products launch for as long. % commission paid for a product sold can be up to 80, 90 even up to 100%.

Why do product launches have high commissions?

Product launch is usually divided into 2 categories: Physical Product (physical product) and Digital Product (digital product). From experience, digital products are easier to do, and physical products are a bit difficult. Why?, because physical products are easy to refund (meaning no commission). As for digital products, there is very little refund when buying. Especially places that allow direct payment by international payment cards, or internet banking, etc.

PL often has a high commission because product sellers often don’t sell just one product. They use a method called the Sales Funnel to sell more of the product inside. When a customer clicks on the first product link you give. Its commission is very high, but the buying rate is very low. customers tend to choose other complementary products (OTO – One Time Offer).

In marketing, people call this product cross-selling (Cross-Sale) or Upsell (product upgrade). Usually, you still get a commission on those products but lower. Among OTO products, there are also Downsell products. Are products that often encourage people to buy something like the trial, promotion, etc.

Funnels

So giving you a high commission on the first product is to sell more products later than is normal. In addition, they can also collect and build a quality customer file from you.

How to participate in making money with Product launch?

Making money by affiliate with PL is similar to affiliate with other products. However, the level you do must be stronger and faster than the normal product. Because normally it’s only for a short period of time. To start participating in making money with PL with affiliates you will need to do the following things:

Find the right Product Launch Network

First, you need to choose a Network. Prestige is a 3rd party, responsible for monitoring and transporting affiliate products to ensure benefits for both parties. Some reputable networks can be mentioned such as: Jvzoo, Warrior+, and Clickbank, .. these are some famous networks, usually, the products here are digital products.

You can find some other networks yourself, even providers in Vietnam have them, I didn’t mention that it took a lot of effort to get a PR reputation.

Choose the right Product Launch

Once you’ve found a network you like, the next step is to choose a product.

As I said above, digital products are products that I trust much more than physical products, in addition to the commission, the success rate is also higher.

In addition, when choosing Product Launch, you should also choose a product of a well-known brand. Although the product is new, with the name of the brand, marketing becomes easier. Do you dare to promote products of an unknown brand, or just show an iPhone 8 and say it is sold here?.

You just find the right product, have the ability to promote it (usually having expertise in it is better) then find out the product maker to see how it is, choose a good brand, and you can easily easier sell.

In addition, the price of the product you must also pay attention to. Choosing high-priced products will fail you right from the start, you should choose mid-priced products.

Website making, content creation, SEO, Email marketing

You already have the link, so where does the marketing go? It’s your website, your email, etc. Usually, valid links are only received from your website, coming from other places is not okay, sometimes even considered spam. You should make a website, put links on your website, then use your website’s link to spam (I am not recommended), or rather you do marketing for your link.

There are many ways for you to market when you have a website, but write content on it and then put a link and share the article you just wrote on social networks, send it via email, or even make a video to review and refer to your website. me.

With PL, I think SEO is not difficult this is a new keyword and you should fight it as quickly as possible. Because many people when marketing for new products will tend to google search instead of clicking links. So don’t pass up this opportunity.

To create a website quickly you can use WordPress and use free hosting. However, I recommend that if you want to do it long-term, create your own paid hosting to ensure a stable website.

Is it difficult to make money with Product launch?

Product-Launch

According to me, the difficulty of making money depends on many factors are your product and your own potential.

Usually, your two biggest obstacles when marketing foreign products are to use English and you must have the computer knowledge to be able to do well.

  • For English, you can go to school to improve, if you have extra money, hire a content writer (but not recommended. No one goes to affiliate marketing but asks someone to write articles. But if you really want to hire, You can go to Upwork, or Fiverr to search or find students who have good English writing skills, the price for an article is also quite expensive. I don’t know how good it is…
  • In terms of information technology, it’s very simple, you can find out by yourself on the internet.
  • There is also another issue that is SEO. You have a website you have to SEO, it is an indispensable need. For SEO you can also refer to many sources or even on I’s website there are many articles about SEO. All are I’s experiences and you can refer.

Above is all the knowledge about making money with a Product launch in the form of affiliate marketing. Hope this helps you and is the foundation for you to start making money online.

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