Build Your Network Marketing Internet Business By Selling Physical Products – Part 1

Posted in: network marketing internet business |
Most network marketing internet bussinesses sell only informational products – products similar to those that you would find on Clickbank. And, it’s such a competitive market!

After all, almost every internet marketing course teaches their students to sell these type of products. In fact, I don’t know of one beginner’s course that doesn’t.

That’s why I’ve lately started to change my marketing efforts and I’m moving towards selling more physical products. It’s much larger and much less competitive.

Last year, physical products were a 210 billion dollar industry while informational products were only a 1 billion dollar industry. That means that the physical product industry is over 200 times larger than the informational product industry! Here are some other reasons why I like the physical product industry:

  • Higher traffic to sales ratio
  • Less refunds
  • It’s “Evergreen” – you can sell it now and years from now
  • Higher quality traffic and buyer frequency

People much prefer to buy a physical product versus an informational product. With informational products, people are always searching the internet to see if they can find their answers for “free”. With physical products, people have often made up their mind on exactly what they want and they are searching the internet only to find the best place to buy it.

Yes, commission percentages are usually much lower when you sell a physical product compared to an informational product, but you need to think in terms of dollars, not percentages. If you sell a $400 Nikon camera and receive an 8% commission, you would receive a $32 commission. That’s still more that if you sold a $50 informational product that was paying a 60% commission.

My network marketing internet business will always sell informational products, but my business is definitely branching out more into physical products – especially those physical products that have a higher price tag.

Where do I find physical products to sell? Well, there are many affiliate networks besides Clickbank that do have physical products that you as an affiliate can sell. Sites like Commission Junction and Linkshare have physical products. But, I usually use a different method to find businesses that are looking for affiliates.

Let’s say that you want to sell iPhones or iPhone related products. All you have to do is go to Google Search and enter iPhones +affilates and hit “enter” and you’ll get returned to you a listing of sites that are looking for affiliates to sell their iPhone products. See the image below:

Another method to use is to enter iPhone “affiliate program” into Google Search. You’ll get similar results.

Before you start promoting any product, informational or physical, you have to do your research. Research is so important to a network marketing internet business.

I don’t like to promote products unless they are growing in popularity. If the industry is dying, it will be difficult to sell products.

The tool that I use to check this with is called Google Trends. It will show the strength of the market for any particular product for the past 6 years.

For example, I was considering to start promoting camping equipment until I did some research on Google Trends. See the image below to see the results I got when I entered “camping equipment” into it’s search bar:

Camping equipment appears to be a slow dying industry – see the downward sloping line? I was shocked! Now, that doesn’t mean I couldn’t make money in that industry, but unless something turns that industry around, my income from the efforts that I put into it would probably keep going down. I decided to look elsewhere.

Next, I entered “buy iPhones” into Google Trends search bar and I got the following results:

Not only is buying iPhones a recent industry, but it’s booming and appears to be growing. These are all good signs!

Now, all I have to do is set up a very focused, but simple website dedicated to one, high priced iPhone product and promote it. Building that site and promoting it should not take but about 3 hours to do. After that, my network marketing internet business will be promoting another physical product online that has money making potential for years to come.

*Read PART 2 of Build Your Network Marketing Internet Business By Selling Physical Products*

(Note: For those of you who may be interested, much of what I’ve learned about promoting physical products I’ve learned from a new course called Consumer Wealth System – it’s all about promoting physical products. No, it’s not free, but it’s certainly helped my network marketing internet business and it should help you, too)

 

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