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While I'd still recommend that you go after a niche that has the potential to be the most profitable, you also need to be willing to publicly associate yourself with that niche and do whatever it takes to bring value add. You will need to become an authority – to fill some void or need – in that niche. Choose a topic you can push through The Dip on without losing interest. And typically, that means choosing a niche that surrounds a topic you truly enjoy. What are your current hobbies? What topic would you love to learn more about and immerse yourself in?
There are several ways to market products by means of affiliate marketing on the Internet without having your own website. You can become an affiliate marketer by incorporating affiliate links into the body of emails you send, posting affiliate links in discussion communities such as forums, discussion boards, or blogs, writing articles on websites that feature user-generated content, and also, writing e-books that feature embedded affiliate links.
Affiliate marketing is one of the easiest ways to make money on the Internet. You don’t need any great technical skills to make a start, and it’s a business you can scale over time. Initially you’ll be selling other peoples’ products, but eventually you can develop your own ebooks and training courses for even greater profits. One of the questions I get asked all the time about affiliate marketing is what are the best niches to work in. Before I can answer that I have to clarify what exactly I mean by a niche in Internet marketing.
As Target is the second-largest general retailer in the United States, their affiliate program is primarily for American bloggers or publishers who can route visitors to relevant products. Overall, the program works much like Amazon’s does in that publishers (bloggers) get a small commission on sales, but Target’s gigantic product base (over one million items) and high brand recognition make their affiliate program a great option for influencers.
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.
It’s important to know where your traffic is coming from and the demographics of your audience. This will allow you to customize your messaging so that you can provide the best affiliate product recommendations. You shouldn’t just focus on the vertical you’re in, but on the traffic sources and audience that’s visiting your site. Traffic sources may include organic, paid, social media, referral, display, email, or direct traffic. You can view traffic source data in Google Analytics to view things such as time on page, bounce rate, geo location, age, gender, time of day, devices (mobile vs. desktop), and more so that you can focus your effort on the highest converting traffic. This analytics data is crucial to making informed decisions, increasing your conversion rates, and making more affiliate sales.
The truth is much more complicated. It’s true that affiliate programs can be sources of phantom revenue and off-brand promotion. But managed properly, they can also make up 5-15 percent of online revenue and have an ROI among the highest of any online channel. CMOs are realizing that affiliate marketing can be an important part of their arsenal and are integrating the channel into their overall marketing strategies.
I am not sure how such an affiliate program would work, honestly. It sounds more like you'd be creating more of a marketplace. However, I would encourage you to be cautious about the extent of your "assignment help." In the US, most, if not all, universities (as well as high schools) have academic dishonesty policies. That means students who submit work they didn't do themselves are at risk of failing the assignment or the class, and depending on the severity, could even be expelled. Not only that, but many universities require students to submit their assignments to plagiarism checkers. So I would think carefully about the types of services you want to provide and who you would market them to, as well as any kind of staff you would employ.
Here’s the deal… If your chosen niche keyword has a certain amount of competition, more than you would usually be happy with, but you are super passionate about the niche you’re thinking of getting involved in, go for it! In my mind passion will always overcome plain old competition. It’s the passion behind Zappos that’s made them the driving force behind shoe sales online – even though there are a ton of people selling shoes online.
The easiest thing to do is to sign up for an affiliate marketing network like Commission Junction. They provide a marketplace where your affiliate program will be advertised to other affiliate marketers. They also provide the tracking software for your affiliates so you don’t have to build your own tracking system. In some ways this is better because it takes care of the trust issues. Affiliates are always suspicious of whether or not they’re getting credited for the sales they generate. By having an intermediary take care of transaction tracking and payments, the fear of being cheated is alleviated.
He put only very little effort on building this site but it makes him thousands of dollars every year “on autopilot” (=passive income). I think creating this site took only like a few workweeks in total. We can certainly say it was success. You can take a look at the process how Jay built the site on Wealthy Affiliate live training archive. (I’ll leave a link below.)
Deby Coles writes passionately in her sewing niche at So Sew Easy and also offers advice to small and new bloggers on how to earn money from blogging at Moms Make Money. She created two top 100 sites in her first year. Her monthly income reports make interesting reading and motivate those starting out to follow her suggestions for their own affiliate marketing success. Follow Deby on Twitter at @DebyAtSoSewEasy and Google+.
GearPatrol.com is an online resource that reviews just about anything you can think of. They run in the same vein as TheWireCutter.com but take an angle that's more towards men. They get lots of traffic with their bourbon and whiskey reviews, as well as many other products that might be considered more masculine. They highlight a lot of men's gear in their reviews, and probably make a really good chunk of their revenue from being an Amazon Affiliate. They do run adsense, and it also looks like they have a fair amount of content that could be considered a “sponsored post” – which basically is just an article that a larger company puts together for you to promote their product, while paying the website owner for the exposure.
It is important to note, however, that StudioPress is now a subsidiary of WPEngine which is the company that actually does the web hosting on which StudioPress’s Genesis framework runs. The affiliate program only works with choosing the StudioPress framework and themes, not the actual hosting on WPEngine. WPEngine has a separate affiliate program for its hosting services, which yes, is a bit confusing.
Don’t just hope and pray that visitors will buy; setup everything correctly and make it happen! If you think that visitors will click on your affiliate links and buy just because you placed dozens of affiliate links on your website then you are wrong! You need to have a structured plan in place. Affiliate marketing is a business so you will have a much better chance of succeeding if you treat it like one.