A constant question that keeps coming back from people in the affiliate marketing business is how to find a profitable niche ? I am going to tell you exactly how you can quickly find a profitable niche that too without too much hard work. Some of the tactics might seem a little too easy , but don't be fooled by the simplicity of the process because they do generate sales.
Let's start with the most popular method.Do you visit Myspace or other web 2 sites like Facebook and Slashdot ? You might have noticed that most of the pages show ads. If you click on them , then you will see many of them leading you to merchant websites that have products that sell like crazy. They have associate programs or affiliate programs that you can join and earn from. These are proven products and convert well on websites with related content or similar niches.
The second method involves the internet company that introduced the concept of affiliate marketing - Amazon. If you login to an amazon account , you will find a link with the best selling products at the top , but amazon doesn't pay more than 10% profit when you get sales through their links. So a better idea is to collect the name of the brands or products and to become a direct affiliate for that company and earn more profits as an affiliate.
When searching on Google , do you keep an eye on the right side bar that shows the Google adwords advertisements ? Well, I have picked up several products from various niches just by monitoring those advertisements and how long they run. Obviously, if the ads are running for some time , say a month or more , then the advertisers are in profit .Otherwise,why would they waste time and money with that ad ?
You can pick up the products from there and write a Squidoo lens on that product. That way, even if you don't get any sales when beginning with the product , you don't lose money , but if you get enough sales to grap your attention , then you can create a google adwords campaign for the same product and profit more. But it's up to you whether you stick to free advertising or a paid one.
Now that you know some cool techniques you can use to discover niches and products that are already converting well, you need to take action. Go out and do a few searches on any niche around which your site is built or you may want to write a lens about it. Once you have picked the product write a quick article or a good lens depending on the time you want to devote to the experiment. The trick is not in finding the profitable niche or a magic product , but in taking action as soon as you find one. When you see some profits , you will get into a habit of entering new niches and profiting from products that are already in demand.
Sunday, March 30, 2008
How to find a profitable niche quickly ?
Labels:
Affiliate Marketing,
online wealth
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