Very often, being newbie affiliate marketers, we chase every opportunity we get in the hope of seeing results fast. But is that the right way? Maybe as you look around, you see a huge, lucrative market in financial products and your first instinct is to join in the crowd. You would most probably be telling yourself "since everyone is there, there must be something attractive about it" right?
You are not wrong in a way though, but if there is a crowd, there is competition as well! There might be already thousands of affiliates working in this niche category. If you were to use advertising as your main method of driving traffic, you could be paying a lot than what you would pay in a less competitive niche. I would not recommend starting with something that you know nothing about just for the sake of the huge affiliate commissions you could rake in. Of course, if you are already a finance guru knowledgeable in this area, it might be worth the try as you probably have an upper edge as compared to others who know nuts about financial products. Your expertise could have a "pre-sell" advantage as your visitors would feel that what you write on your site makes sense and they would trust you more in helping them find solutions to their financial problems.
The most important factor I would recommend for new affiliate marketers is to consider your own level of passion and expertise in the niche you choose. You have to be at least interested in the niche you want to start with. Otherwise if you employ article marketing methods, you will find it really difficult to write about a topic you have no knowledge and no interest about! After your first few articles, you might just run out of ideas. There is no motivation to keep you going in marketing your niche as you probably dread the thought of brainstorming topics for it. If you can't imagine yourself writing about the topic in a few months from now, do not even start in the first place and waste your time.
There are many niches in affiliate marketing and there will be something that catches your eye. You may be a travel fanatic. Why not share information about your travel stories or reviews of booking websites, hotels, etc, with others? It is not only useful to others, but you will also find it a joy talking about your niche. It will take time and effort to create a content rich site that has popularity and credibility, but as you grow your site, you can find more related affiliate products to include, like travel books, luggage and travel clothing. The affiliate opportunities are plenty. It is just how you incorporate all these nicely into a place which can add value to your visitors.
If you still do not have any ideas at all, probably you can look around and think about the problems many people face and how you can help to solve them by recommending the right products. A very popular problem solving niche is the health niche. Imagine recommending weight loss products, hair loss products, etc. They are all there to help people solve their problems right! Work around these ideas and shortlist one that you would like to start with. When you have gotten through your first affiliate marketing niche, the experience you have gathered would make it easier for you to develop your next niche. And you are on your way to making money online!
Authored By:
Angela Tay
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