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Home Marketing

Profitable Niche-Affiliate Marketing

by Miles Austine
in Marketing, Tips and Tricks
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How would it feel to wake up after a good night’s sleep to an account full of money? It’s the dream, right? This is what’s known as affiliate marketing, and all that needs to be done is to find a potentially profitable product or service and market it on any media sites of your choice. Every product or service sold will earn you a commission that will automatically keep pouring in as you sleep. 

Making money online is what most people desire to do instead of working 9-5 jobs for a steady amount each month. Also, who wouldn’t want to work remotely from home instead of bustling about with traffic just to get to the office on time? Many sites provide you with the opportunity to earn money from home. However, it is impossible to know which is legit and which is a scam. One such legit site you can try out is the NoBSIMReviews post on inbound closing. Inbound closer provides programs that teach you how to be an affiliate marketer and how to close sales in exchange for a small fee. 

It seems to be too good to be true, right? Marketers receive easy money by mentioning a product and giving affiliate links. However, it’s not always that easy. Many affiliate marketers make less profit as their competitors have more online traffic and score more sales than others. Therefore, not every affiliate can make a significant amount of money. 

This is where niche-affiliate marketing comes in. Here, you need to find out your niche market or a specific market that would make your site drive more visitors and generate sales. Here’s how to find out your potential profitable niche market.

Prepare a Platform

First of all, you need to make a website or a blog where you will be marketing and selling items. You can also do this on social media sites by providing people with product links. 

Research

If you are a beginner, it is always a good idea to start from the basics and learn your way through. There are several tutorials available online that teach you the basics of affiliate marketing and also others that even provide you with modules and access to other pro-marketers, who can give you tips on how to select the perfect niche market. Usually, the latter comes with a small fee, but for all that knowledge, it’s worth it. 

Next, after you become confident about stepping into affiliate marketing, it is time to join up in a network site. You can try affiliate network sites such as:

  • ClickBank 
  • ShareaSale  
  • CJ Affiliate 
  • Amazon Associates 

You can browse through a lot of categories on their list or try out something different, such as food, travel, health, etc. You enter those terms one by one and search for something you might think wouldn’t be too hard to sell. For instance, if you select to travel, many options come up regarding that category, but “travel hacks” maybe something you’ll be able to sell on your blog or any social media site. 

You can also select products you want to sell such as bath soaps. You might not profit on the sales of highly popular bath soaps from company giants like Dove. However, if you narrow it down, an organic bath soap can be your niche market product. There isn’t much competition in this market for people buying organic bath soaps, so it’ll be easier to promote the product and also a chance to earn a good percentage of profit if the product gets sold. 

Monetization on ClickBank

Everything is all about earning money. If you are using the ClickBank network, once you have chosen your product from the site, you can always compare it with others according to the average amount per sale. Here, many people focus on a metric called “gravity”. If, for instance, the gravity of the product is 100, that means 100 affiliates were able to sell the product successfully. However, it does not always tell you the whole picture. 

Look for Competitors’ Statistics

It’s always a good idea to know what and how your rivals are doing in the same market with typical costs per click in keywords. After you find out what you are looking for, you need to know how your competitors are doing in the same field with the same product. Google AdWords Keyword Planner provides you with an insight into how the competitors are doing and also how much they are earning out of it. You need to insert keywords that are related to the product you want to market, and it’ll show you the statistics of cost per clicks of keywords of your potential competitors.  

Apart from the keywords, you may want to look at the suggested bids for further options. There will be a number of other options related to your product where people are willing to pay more for a click. That’s where you can find your profitable niche and start selling.

Promote & Sell

Now that you have found your niche market, it’s time to sell. Promote your site or page or blog to drive more traffic so visitors can take a look at what’s in store when they click on your affiliate links.

Amazon and ClickBank both are great programs and network sites to start with. However, if it is fashionable clothes or consumer goods you want to sell, then Amazon is the right platform for you. There are other affiliate programs that have been mentioned above to try from.

You can also choose from a number of products available on the website to sell. There are no limitations on that. All you need to do is sign up for free and then start selling them. The secret to a successful affiliate business is to keep selling. The more you sell, the more money you earn. And once you’ve done it all right, you can get that long-awaited sleep and let the money just pour in.  

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