I place emphasis on the “interested” aspect, as you may end up sticking with this topic for an extended period of time. As we’ve said previously, successful affiliate marketers are more likely to receive opportunities to sell other products in the future. In the same way you don’t want to build up a resume full of jobs you hate, don’t sell products for an industry that means nothing to you.
Do you have zero interest in an expensive mountain bike the company you are an affiliate of sells? Well, you probably don’t want to feature it on your blog, as it is extremely difficult to persuade readers (or anyone for that matter) that they should buy something you wouldn’t be caught spending a single penny on. When you are passionate about a product or–at the very least–interested in learning more about it, this will come through to your readers, engage them and better coax them to buy
While your site is still new, it's a good idea to start capitalizing on someone else's audience. Continue focusing on building your own content, but also considering writing content for a few big, high-traffic blogs that are relevant for your niche. By writing content for a bigger site, you are able to get in front of another audience and showcase your expertise on a particular topic. This will eventually lead to more traffic to your site, as well.
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.
Now you should have a pretty good idea of what niche you are going to get involved with. It is possible that you haven’t narrowed the list down to a single topic area, but you probably have found a few ideas that you feel real good about. Now at this point, it’s important to get an idea of how much money you can potentially make in your chosen niche. ClickBank is a great place to go to that search. First you browse top products in your category. If you don’t find any offers, that is not a good sign. It could mean that no one has been able to monetize that niche.
Where they make their money is when someone picks a school to get information about. There are companies (like Quinstreet) that allow you to get paid “per lead” for education content. Some of these leads can payout anywhere from $20 all the way up to $50 per lead depending on the institution. There are plenty of affiliate sites in the education niche that get paid using these types of leads. I'm not sure if LearnHowToBecome.org uses Quinstreet or another CPA network, but the fact is that there is definitely big money in the field for education affiliates. It used to be that these were some of the most profitable CPC adsense earning niches you could be in (see our sites from 2012), but lots of them have completely shifted to the lead based model when it comes to monetization. If I were to guess, LearnHowToBecome.org is probably making multiple six figure monthly income due to ranking for a number of excellent education focused keywords.
I think one of the most important things bloggers need to do to get affiliate sales is to make sure they have great photos for what they are selling/promoting. Good writing is important but most people are attracted to the visual aspect of what they’re reading. My posts with more photos do so much better than the posts that don’t have as many. Your audience needs to see what the product actually looks like. Many people are lazy and may not always click on the text link.
Internet marketing itself is a special niche where your expertise with specific skills (e.g. sales copy, getting website traffic, search engine optimization, etc.) can make you money. If you start a successful online business in any of these markets you can always create a side business showing others how to do it as well. It can also be a niche where your reputation allows you to market high-ticket items yourself of as an affiliate - in other words, you can still brand yourself or your business as an affiliate marketer.
Let’s say you have a promotions page where you’re promoting a product via affiliate links. If you currently get 5,000 visits/month at a 2% conversion rate, you have 100 referrals. To get to 200 referrals, you can either focus on getting 5,000 more visitors, or simply increasing the conversion rate to 4%. Which sounds easier? Instead of spending months on blogging, SEO, and social media marketing to get more traffic, you just have to increase the conversion rate by 2%. This can include landing page optimization, testing your calls-to-action, and having a conversion rate optimization strategy in place. By testing and optimizing your site, you’ll get far better results with much less effort.
The following affiliate marketing examples come from five different bloggers who are in different stages of their blogging experiences. The dollar amounts shared do not represent their total incomes, but rather a portion of their affiliate marketing income only. All of these bloggers make significantly more than the amounts shown. Yes, it’s possible to make money blogging!
SellHealth — SellHealth is a health affiliate network. It’s free for affiliates to join, should their applications be accepted. All of SellHealth’s sales are made through company-owned websites, meaning affiliates don’t need to facilitate sales on their own sites. This eliminates the possibility of error and increases consumer trust, as they are sent to a legitimate brand site to complete their purchases.
Just imagine how much you could start investing if you owned or two of these niche sites. The thing is, it’s completely do-able. I have the skills (most people do) to create something like this. I am so freaking pumped to start my next niche website! I’m using these lessons learned to start my keyword research now. I’ll follow up on my progress in the upcoming blog posts. I really hope this helps you as much as it did me. It’s really inspirational to see how others are making additional income online with niche websites!
- What do you mean, or what do you take into account when you say "local traffic" for a specific keyword. Is it a country, a state, or maybe the language speaking in that area. I mean, If I choose Luxembourg, for example, with a population of 540,000, then the traffic of minimum 1,000 to a keyword would be OK. But what about if we choose to take into account as a local traffic Australia, for example, with a population of 24,000,000+. Would it be the local volume of minimum 1,000 o.k. as well?
With a well-known ‘An Hour a Day’ format, this book guides its readers step-by-step on how to practically research, promote, manage and optimize a successful affiliate marketing campaign. It also explains social media tools such as how to deal with coupons, widgets and other multimedia stuff. From determining payment schedules to communicating through appropriate means, this is a quality do-it-yourself guide for its readers.
I know someone who created an Amazon affiliate site back in 2008. The site was making around $5,000/month when the owner decided to sell the site through Flippa. It was sold for $109,000 on June 2013. For some reason, the site has been down for several months now and I have no idea what the new owners are thinking. The domain was about iPhone reviews.
In conclusion, I have covered 4 niche websites that I think are targeting keywords that have great search volume and high CPCs. I discussed the pros and cons of the layouts of the websites to give you an idea of how I think a niche site should be monetized. Remember, I did NOT go into whether or not anyone should be targeting these keywords as I did not really look at the competition levels. My guess is that these keywords would be too competitive for me to go after. I will discuss competition, and how to analyze the Google competition in detail in future posts.
This site will not get penalized because they are within Google Adsense guidelines for number of ads. You are allowed 3 block ad units (this site has 2 at the top and one in the sidebar). You are ALSO allowed 2 link units (in addition to the 3 ad units) – for a total of 5 adsense units total. The link unit on this site is at the top where a regular navigation bar goes. So in reality, this site could actually have 1 more link unit on their site that is not shown in this screenshot. Hope that helps.
Many thanks for your open words. Maybe online marketing / business really is not for all of us out there - at least not for exactly those hard working people mentioned by you, as these usually don´t have so much time beside their full time job and the family. So much about the countless promises from certain online marketers suggesting otherwise, saying everyone can do it - of course with some "help" - i.e. their very own products.
I'm not saying that as a recipe blog owner that you need to keep up with what the Food Network is doing. But, you do need to understand that pictures are required if you want to have success in that niche. Looking at all of the popular indie blogs on the topic will make that clear. Are you willing to MAKE the recipes you'll be blogging about and take pictures of them? Are you ready to invest in a good camera and spend time reading tutorials learning how to take better pictures? Every niche you look into will have a “minimum” formula across the successful indie blogs within them. Make sure you're willing to meet it. If not, you're going into the niche without the ability to truly compete and wasting your time.
Nothing worse than Debt. The one thing that takes from you all of your financial freedom. You spend the younger years of your life investing in a great education. Hoping that in the future you can have a great career that pays really well. But instead, you find yourself stuck, feeling as though you will be paying off your education debt for the rest of your life.
Designing and developing your blog / niche site – When it comes to themes and designing your blog/website, if you want to go big, and get real pro right out of the gate, I suggest you look into the Rainmaker Platform, which is what THIS website is built with. To keep things a little more simple, once you’ve got started with Bluehost, you can visit StudioPress to get your site looking pretty.
It offers a modern, real-world, step-by-step guide to researching, launching, managing, and optimizing a successful affiliate marketing program. It covers social media, creating policies, working with feeds, coupons, widgets, and video, creating compelling content, handling partners who are not meeting goals, and much more. ‘Affiliate Program Management: An Hour a Day’ is the do-it-yourself guide to planning and maintaining a successful affiliate program.
Affiliate marketing overlaps with other Internet marketing methods to some degree, because affiliates often use regular advertising methods. Those methods include organic search engine optimization (SEO), paid search engine marketing (PPC – Pay Per Click), e-mail marketing, content marketing, and (in some sense) display advertising. On the other hand, affiliates sometimes use less orthodox techniques, such as publishing reviews of products or services offered by a partner.
You will notice that this site does try to make some money with Adsense, but the banner ad at the top is an affiliate ad (through Commission Junction) for Fastweb. I just logged into CJ.com to see how much FastWeb pays – its looks like only $0.80 per lead – OUCH! This is really low. This website owner also trys to promote fastweb in the articles – but no Adsense. I think they should be focusing more heavily on Adsense within the content of their articles to increase their income. My guess is that this site earns almost $.80 on average per Adsense click (which is MUCH easier to get than a lead).
This is an Amazon Affilaite Website that has really niched down into specifically, as the name implies, kids tablets with Wifi. These are high priced items that produce high commissions in a huge market, children. What is the best tablet for kids? Do you give them an ipad? What if it breaks? Is there a cheaper option? These are all questions that this site helps with. It runs like a blog, but with a relatively simple design. It’s hard to tell if they have produced much new content because they don’t include dates with their blog posts. However this site is just one blog, with three additional pages for “Best Tablets for Kids”, “Kids Tablet Reviews” and “Kids Tablet Comparisons” all of which are likely keyword researched names. It’s likely the niched down keyword research to bring in the traffic, because the content while good, is relatively short with 300-500 words per post.
This site is ranking very well for a very competitive keyword. They are primarily monetized by adsense as outlined here; however, in the navigation bar, I also boxed a link that takes the visitor to another website owned by the same person/company. Its obvious as there is quite a bit of interlinking between these 2 sites and actually several other websites as well. The Adsense placement is good on this site. Its above the fold and within the content. This probably gets a pretty good click through rate.
Same here, this post kind of fell from the sky at such a great time. Been building a great community of readers over the years but reached a point where I’m losing money maintaining the site and newsletter. As you said, the ads don’t bring much -ironically I use Adblocks too but affiliate marketing always seemed like a weird and opaque subject. I’ve read many of Chris Guillebeau’s books in the last few months (this is how I discovered your site actually!) and I didn’t realize he had affiliate links for instance. Your post opened up a new window of possibility for me. Still need to process everything and do the work behind but a big thank you to you Sean!
Because the site is ranking #1 in Google for this (and probably ranks very well for other related terms), they are probably making great money. This is probably easily a $100 to $200 a day website. That's right, I would not be surprised if this site was pulling in $3k to $6k or more each month. In fact it could be more, but its hard to guess without knowing all the traffic they are receiving.