What do you think about when you hear the phrase, “most profitable niches“? Surely you’re thinking about products with a high-value price tag, right? So that’s why we have included the category, expensive hobbies in our list, and not just any hobbies in general. These are hobbies that can involve golfing or even flying drones – where the equipment are pretty pricey, and so your take-home commission will make you smile from ear to ear.
I would personally agree with linkshare.com as a great affiliate marketing platform to join as a publisher. Here’s why. Back in 2005 when I knew nothing about affiliate marketing and was using blogger.com as a free blogging platform without any experience whatsoever and joining Walmart.com as my first official affiliate program, I was able to insert Walmart affiliate in its in my blogger blog and earn a $72 commission. I was onto affiliate marketing for life from there.
These ideas opened my mind. I am looking to try affiliate marketing for a long-time, but stuck on adsense. I am now looking to decide a niche for affiliate, I know how to SEO sites to rank high. I have a question; how do we decide the best niche/sub-niche based on competition? Because SEO is the only method I can rank my sites, and bring traffic, and if there is less competition on top, then only we can rank the sites. How do we know which site has less competition/good traffic? and could you suggest some niches which match this criterion?
The other monetization method is through the sidebar (and also at the end of every article) is education lead generation. They are probably an affiliate of a number of different schools or other educational lead companies. However, not only are they probably making good money with the site, but they offer great content on the site. They allow users to search by state to find local salaries and much more information. Content is important!
Awesome article! This is jam packed with great info. I am just starting a personal finance blog with my fiance and we were a little confused about how to start monetizing. We were initially thinking about using Google AdSense but between this post and another blog I read I am surely convinced that’s not the correct route. I’m really happy you have shared this information because it’s provided an excellent starting point for creating income.
Taking the financial analysis a stage further, think about the potential profits you can make from each affiliate sale. You’ll have to sell hundreds of low priced items to make a reasonable return, and it may be better to promote premium products where one sale could generate hundreds of dollars. For example, an ebook on cat breeding tips might generate five dollars in commission for each sale. An ebook detailing a profitable gambling system might sell for ten times more and net you much higher commissions.
Creating a unique tracking ID for an Amazon link is easy. Simply log in to your Amazon affiliate dashboard, click “Account Settings” at the very top on the right, then click “Manage Tracking IDs”. From there you can make a new tracking ID so you can track which web page/campaign sold what. You can learn more about using Amazon’s Tracking IDs here.
If you have built up an email list, you could also promote your affiliate offers via email promotions. Just make sure you build up a relationship with your audience first instead of going for the hard sell straightaway. The emails you send out must contain your affiliate links to products so when your audience click through. the sale is attributed to you.
Nursing Scholarships receives 40,500 Exact match Local searches each month and has a CPC of $3.09 and has high advertiser competition. This is a great keyword to target as far as those 2 criteria are concerned. (Remember I am not even looking at the top 10 competition in this post). However, this site is ranking #2 in Google for its chosen keyword.
Many affiliate programs will often run promotions with good discounts or giveaways that might be attractive to your audience. For example, if you're an Amazon Associate and the site have a big Holiday Sale, it would be the perfect opportunity for you to promote discounts to your website visitors. This is a great way to promote your offers while also providing good value to your audience.
If affiliate marketing on your book blog is your strategy to get rich quick, you, my friend, are in for a rude awakening. In my early days of blogging, I once received a cheque from Amazon for something like 42 cents. Not even kidding. (I still have it somewhere, and when I’m back in Perth next week, I’ll find it and post a pic.) Since then, both Lectito and my readership have grown, and I’ve built up a reasonable archive of posts that contain affiliate links. A year and a bit after starting Lectito, I’m making about $20 a month from affiliate marketing, and that’s mostly because a few of the links have higher commissions attached. I know:
An affiliate marketer sells products online on a commission basis. The marketer, though, is not responsible for delivery or shipping of the products. The products are promoted through the affiliate's website, or blog, which includes a link to the product's sales page. When a visitor clicks on the link it's tracked through the affiliate's "cookie." The affiliate is given credit for the sale and paid.
Additionally, feel free to seek out conversations with both consumers and other professionals. Send out LinkedIn invitations to those you think might be a good professional contact. Join Twitter conversations that are relevant to your industry or product. Physically attend networking events or conferences you think could result in a stronger network or more informed strategy. You’re a part of a community now, but other people don’t know that unless you show up.