HOW TO FIND A PROFITABLE NICHE IN AFFILIATE MARKETING?

WHAT IS A NICHE?


In different contexts, the term has different meanings, but in internet marketing terminology, a niche is simply a more focused and narrow market within a larger industry.


Now, which niche should I pursue? We recommend something that you are interested in. Something about which you are generally knowledgeable. Are you interested in furniture and home decorating, for example? If so, there are affiliate program available. Amazon Associates is the most popular affiliate program overall. So you could write a furniture review on your website, then link to that product on Amazon and earn a commission every time someone buys through your link. The benefit of Amazon associates is that when they click on your affiliate link, they can buy anything within 24 hours and you will receive a commission, so they could even buy a new laptop and you will receive a commission.

markus winkler fRAIQHKcc0 unsplash scaled How to Find a Profitable Niche in Affiliate Marketing

IDENTIFY PROBLEM YOU CAN SOLVE

If you want to promote something, you need to make sure that products solve some problems. If you promote something no one needs, that would be pretty difficult. For example, people need web hosting for their website, and you probably need it too for your website, that why we recommend problem-solving products and that is a good hosting. We solved the problem by choosing a great and quality hosting company for people, made an honest review, and if people find the product helpful, they will buy. If someone wants to buy a sofa, they probably want something to hang on, and that solves a problem. But there is a problem, people buying online don’t know if the sofa is a great quality product, or not. That where you come and write a review about it. You solve the problems the buyers could have. And you don’t even have to buy the sofa. Just research others review, combine the best things from their reviews and make your one outstanding.

RESEARCH YOUR COMPETITION

The presence of competition isn’t necessarily a bad thing. It may actually be showing you that you’ve found a profitable niche. But you do need to do a thorough analysis of competing sites. Create a new spreadsheet and start logging all of the competing sites you can find.

There are some signs that you can enter a niche and be successful, even if there are already other sites serving it.

Low-quality content – very easy to outrank people, that are not willing to put the work to create helpful content.

Lack of paid competition – Have you found keyword with high search volume, and low search difficulty? Bingo!

PROFITABILITY OF NICHE

Some niches are more popular and more profitable than others. For example, weight loss is more competitive and popular than fishing boats.We don’t recommend affiliate marketing for fitness, it’s so competitive it would be very hard, but if you are smart and passionate, you could make really big money in the fitness niche.


You need to choose a niche, that is profitable, some of them are more profitable than others. For example, if you promote something that costs 2$ and the profit margin is 5%, you only make 10 cents, but with digital products, it costs almost nothing to make more customers, they don’t need to make another sofa or another fishing boat. They already made products and their customers’ volume could be infinite. So the profitability is higher than around physical products. And that is something to keep in mind.

CONGRATULATIONS! Now you know how to choose a perfect niche for you, you can start searching now.

SUBSCRIBE TO OUR EMAIL LIST

Enter your email, so we could let you know about our new business models and articles that will help you to grow your business in the future.

SUBSCRIBE TO OUR EMAIL LIST

Enter your email, so we could let you know about our new business models and articles that will help you to grow your business in the future.