Learn my tips for uncovering money-making niches

Learn my tips for uncovering money-making niches

Before we get started, I want to introduce you to one of the best products I have ever purchased: AffiloJetpack – from millionaire affiliate Mark Ling:

With AffiloJetpack, setting up affiliate websites on profitable niches will become second nature.

In today’s blog post, we’re going to take a close look at how to pinpoint the most profitable niches.

Affiliate marketing starts and ends with finding the right niche to market in. It’s pretty simple, really. You find a hotbed of buying activity and you plant yourself firmly there to market as many hot products as possible to a very active market of potential customers.

It’s worked for hundreds of marketers who have become very, very rich. But, let’s face it – when you’re getting started, nothing is ever quite that easy.

So, I want to delve deeper into the idea of niche research, along with the mistakes that so many of us tend to make over and over again. Because, when you can eliminate those mistakes, life gets much easier and the profits are more consistent.

The Niche Research No-Nos

First up, let’s take a closer look at what so many starting affiliate marketers do wrong. At the very top of the list, and something I’ve been preaching against for years is diversification. Of the super affiliates I’ve met, the vast majority (pretty much all of them, including myself), make their profits almost entirely from one or
two niches.

Yup, that’s right, it’s exactly as it sounds. They spend hours a day working on just dog training, or just marriage advice or just weight loss. They find a profitable audience and they hit them up over and over again with different products, sites, and selling points.

Second, as you might have guessed, they stuck to the big niches – the evergreen ones that have always been solid money makers. Sure, they experiment a little bit, but only enough to check out other niches, not so much that they dilute their income from big one or two niches.

Which niches are considered the “big niches”?

Weight loss, making money, satellite TV on PC, muscle gain, self help, anti-spyware, forex, and money online.

People are always looking for new products in these niches, so you cannot cannibalize your sales, nor can you run out of warm leads. Of those niches, weight loss and fitness are the biggest across the board, with making money coming in at a close second.

Finding Your Niches and Products

Of course, just saying “try out the stuff that works” isn’t very helpful, so I want to go into a bit more detail on what you can promote and how to make your selection.

Lucky for you, I have a couple of methods I like to use that have always been highly successful for me.

In terms of finding product ideas, I usually stick to Clickbank and Amazon. On occasion, I will also use Google to review possible affiliate networks in greater depth.

Amazon.com Research

Let’s start with Amazon.com. I start here because I want to first find a niche that has a large buying base. You can always find a product in Clickbank with high gravity, but even before that I want to identify the breadth of a potential audience first. You’ll see why very shortly.

To start with, visit Amazon.com and start reviewing products and topics in niches that you are interested in.

This is very important, because you’ll be spending a lot of your time investing in that niche, especially if it becomes one of your big two niches.

So, be sure it’s something you’re willing to write about and market extensively for months to come. If you could care less about weight loss or are afraid of dogs, those might not be the best paths to success.

With that in mind, start searching on Amazon for books, products, and other niche products. Your goal here is to find products with at least 20 reviews. Why just 20 reviews?

Considering the fact that Amazon estimates only 1 in 1000 people actually review something they buy from their site, a product with 20 reviews is likely to have been purchased by at least 20,000 people – that’s a huge market, especially if it’s just one product in an information niche.

If you can find multiple products in the same niche that all have 20+ niches, you’ve hit the jackpot. It doesn’t matter if the niche has 100 products or just 2; if there are people buying products, it’s a good niche. You don’t need to do any keyword searching, competitor research, or product searches, because you know you’ve found a good one.

Moving to Clickbank

With that in mind, it’s time to find a product that you can actually market. In general, I don’t recommend promoting physical products on Amazon. With only a 5%
commission (to start), you’d only make $1 on a $20 book,
and most Amazon products are on massive reductions, so
profit potential is limited for info products.

If you find a highly valuable product in a niche like
‘solar energy kits’ or ‘home stereo equipment’, you might
rethink that, because you can make $15+ per sale.
Generally speaking though, you should never choose a niche
where your minimum commission per sale is less than $15.
That should be your magic number.

So, with that magic number in mind, we take a stroll
over to Clickbank – the number one affiliate network on
the Internet, where info products are sold by marketers
like you and me for commissions up to 75%. A single $20
book on Clickbank will net you a profit of between $10-$15
– much better for the time you invest into it.

As for finding a niche product in Clickbank, go to the
Marketplace (www.clickbank.com/marketplace.htm) and search
for the product niche that you’ve already identified on
Amazon.com.

For most popular info niches (the major niches we
discussed at the beginning of the newsletter), you’ll find
dozens of products. I recommend sticking to these major
niches because they have more options and have proven
conversion rates. Seasonal and specialty niches require
more work and are hard to focus on in the long term.

Look for a $ per sale of at least $15. Ideally, you’ll
get even more than this – upwards of $30+ per sale.
Additionally, look for a gravity of at least 30. The
gravity represents how many affiliates have successfully
sold that product in the last few weeks.

The higher the number, the better it converts and the
more room there is in the market for you to join in.
Later, you’ll need to review the competitor sites to be
sure you can find a place for you own websites, but for
now, just identifying the niche is enough.

Heading to Google

Of course, Clickbank is not the only affiliate
marketplace and if you find a product on Amazon that
doesn’t show up in Clickbank, you still have other
options. Go to Google and search for “NICHE affiliate
program”.

Many times, other networks will pop up with plenty of
options. A big chance for profit here would be in CPA
networks that offer non-info product opportunities with
massive chances for profit.

Getting it Right

There is no right answer for which niche you choose to
work in. But, if you’re even remotely serious about being
successful and becoming the next big super affiliate, you
need to pinpoint a rich, evergreen niche that can be
solicited time and again for profits without boring you to
tears.

Do that, and you’re well on your way to a successful marketing plan.

With that marketing plan in mind, it will be time to
start building sites and funnelling traffic into your new
affiliate marketing empire. That’s where AffiloJetpack
can provide a much needed boost.

AffiloJetpack is a huge program consisting of

400+ top-quality informational emails plus at least

80 high quality designed-to-convert “hard sell” emails,

great affiliate products to promote,

100 articles that you can use as content for your site,

15 top-quality ebooks that you can give away as sign-up incentives or use as bonuses,

an easy website building system with our custom WordPress theme,

free 1 year one-click hosting and installation with our own purpose-built hosting platform,

15 theme design profiles with professionally designed header graphics and layouts plus

training on traffic strategies –

all spread over 5 high-converting niches of YOUR choice!

Simply put, AffiloJetpack is a tremendously powerful, and very large program that has something to offer for even the most experienced of Internet marketers.

Learn my tips for uncovering money-making niches. AffiloJetpack

Published by

Ugo Okonkwo

How to get money online - The strategies and techniques that I am using to make money online everyday.

Comments are welcome