The term niche, when used in the study of business, is used to define a business’s role in a market. Not only does its niche include the environment that a given business operates in, but it also includes the business’s “job” in that environment. A niche may also encompass how the business is monetized, how it interacts with consumers, and also how it interacts with other businesses and influencers within the environment, as well.
Baby Gear really go that extra mile by actually buying every product that they review. Now, obviously this is a lot of work and cost but the payoff is extreme credibility and great content. This just isn’t possible for a lot of blogs, either because of the cost, or the time involved or simply the niche they are in. However, the thing to take away from this is that customers value credibility.
The traffic volume he gets is significant when you figure that most people who are interested in travel have disposable income. This means they are more likely to spend money on luxury items, making them a perfect buying demographic for products. In the past, Matt has had some CPA offers on his posts where he's talked about the best travel credit cards. Those offers earn income similar to NerdWallet.com, that when someone clicks his link and applies for a credit card, he gets paid a referral fee. It looks like those products are gone now, and he's decided to focus strictly on book sales and keep his blog free of other display advertising (Kudos to you Matt). If I had to guess, I'm sure Matt is making at least $50k per month on his book sales seeing as much traffic as he gets.
Hi Rae, I think the right niche is the most important step in affiliate marketing. If you choose the wrong niche, you can be doomed from the very beginning. Need a buying niche not just one where people are looking for information. Also you only mentioned it briefly at the end, I think promoting something you know about or is your passion makes the process a lot easier. Great post though, Tom.
Some advertisers offer multi-tier programs that distribute commission into a hierarchical referral network of sign-ups and sub-partners. In practical terms, publisher "A" signs up to the program with an advertiser and gets rewarded for the agreed activity conducted by a referred visitor. If publisher "A" attracts publishers "B" and "C" to sign up for the same program using his sign-up code, all future activities performed by publishers "B" and "C" will result in additional commission (at a lower rate) for publisher "A".
Content really makes everything pop on the Associates side of things. I started getting monthly Associate payments after a dry spell when I doubled down on creating helpful blogging content and also created some nifty, seamless, customized ads that fit perfectly at the end of my blogging themed and travel themed blog posts. I also have 124 of my own eBooks and 170 plus of my own products to sell from Amazon. Nice form of legal double dipping LOL. Super examples up top.
StudioPress itself is somewhat of a niche product as it is targeted to existing WordPress users who found setting up and managing a WordPress site too difficult or time-consuming. StudioPress prides itself on being easy to use, but their main claim to fame is that their hosted websites are “faster and more secure” than other WordPress hosting companies as well as using the “Genesis framework” which is supposedly more SEO friendly than other WordPress builds.
The logic behind this is that you can be found in long tail searches. For a lot of SEO, you are benefitting from certain general keywords. But long tail searches are when people are looking for a very specific product, where they’ll probably type the brand and the item and maybe even a code. Since far less sites will contain these specific words, if you feature that product, you’re very likely to come up as a result.
We've partnered with The Foundation for Learning and Youth Travel Education (FLYTE), a nonprofit organization that empowers youth living in underserved communities through transformative travel experiences. FLYTE teaches that we are more alike than we realize. By bridging the gap between fear and understanding, FLYTE empowers future generations by connecting them to the world.
The downside is that Shopify is only appealing for people who have physical or digital products to sell and have a need to set up a Shopify store, including site hosting, payment processing, and all the other services offered by Shopify. This can significantly narrow the appeal for this affiliate program. But if you can distinguish yourself by educating people on how to use Shopify, how it can benefit their business, and/or make them money, you could potentially big money via the affiliate program. Add in the 2 x monthly fee commission rate, and landing just a few sales of their mid-tier and top-tier products can result in significant earnings.
How To Start 3 Different Online Businesses With Just 1 Idea: Sell Products, Start a Blog & Create Passive Income (Making Money Online, Entrepreneurship & small business, business marketing), this book provides readers with a great concept. Creating 1 business can offer you three different income streams. Online you can do 3 things to make money; sell products, sell services, and collect commissions. If you are smart you will capitalize on all 3. This book will show you how to do that for $9.99.
PeerFly only has a limited number of products at the moment, but they have tremendous momentum and are growing by leaps and bounds. Their payout rates aren’t spectacular, but everything is upfront and transparent, and affiliate satisfaction is very high. PeerFly is perfect for authentic marketers who want to offer high-quality products to their visitors as opposed to “get rich quick” schemes and opaque offers.
The premise of the site is basically that it’s a tool for people who want to build their own computers ( usually gaming computers). If you’ve never done it, the difficult part about building a computer is almost always the research. New computer parts are coming out constantly, so you have to find the latest parts that also fit your budget and that are also compatible with each other.
Upselling is a sales technique where the salesperson encourages a more expensive purchase by a customer by persuading them to get an upgraded version of an item or to purchase add-ons. Remember our food processor example? That food processor could probably be best used with a book of recipes, which also can be purchased at the same company’s website.
MuscleForLife.com is another successful website. I hate to call it an affiliate website, because really it's a true brand, and probably the truest form of what I'd recommend most people do if they have a niche they are passionate about. Basically, Mike Matthews started a fitness blog because he was passionate about fitness. I'm not sure about his credentials as a fitness mastermind – it's possible he has none. What he did do is write a book on what worked for him, and people followed him. Lots of folks have seen excellent results from following his workout programs, so because of the value he created, he sold lots of books.
Whereas health, finances, and romance are affiliate-friendly niches because they touch our daily lives, you can also be successful if you target popular hobbies. Sports are a good candidate, because many of them extend beyond state and national borders, giving you a massive audience from the outset. However, be careful to choose hobby-oriented sports instead of big-time spectator sports like football and basketball.
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
The network is, again, contested by some as to whether it’s truly a part of the affiliate marketing conglomerate. But for good measure, we’ll discuss it. The network is essentially the middle man used to manage this exchange. The network helps accomplish such tasks as payment processing, tracking technology, reporting solutions, and can serve as a repository of available affiliates.