I am sure most of you have been told the importance of social media and community building. You may have even heard that content is King, but Do you know the Queen? Videos. Affiliate marketing is touted by marketers online in order to sell their products. So let me ask where is your product? While telling you that the cost of building your own product can be next to nothing.
While researching todays music industry, I found that more than music videos are wanted. So do you have videos answering your communities questions? Videos consisting of your specialized knowledge? The possibilities are limited by your imagination. With any product creation you want to test it why not use Youtube.com for this. You can even outsource the making of these videos via sites like Getafreelancer.com.
Compile your now tested videos into a DVD collection. Include 2 – 4 videos not placed anywhere during testing. Now you have a product and are ready to sell it.
Selling your videos you may want to look into a site like Paydotcom.com. This allows you to set up your fans as affiliates. The way I would suggest doing this is setting your video compilations as a zip digital file. Set the price somewhere above $10, and offer affiliates 50% commissions.
When deciding on a price there are a number of things to consider. Each video should be valued at $0.75. The DVD itself has a value I would say $2.00. Then add in a 20% mark up for the exclusives. With 10 videos and a couple of exclusives this should come to about $12.00.