Building an affiliate marketing business can be a great way to
make some extra cash. But how do you decide on the best topic? And once
you've done that, what's the best way to monetize your affiliate site so
you get paid for all of your hard work?
Make money topics, hobbies, sports and relationships are always a pretty save bet when it comes to building an affiliate business. The problem is, they are all very big markets. If you tackle one of these giants head on, you're going to get creamed by the big sites with millions of pages and lots of writers contributing to their content. You really don't want to go there.
The best way to go about this with your affiliate business is to be very strategic. Work out how to position yourself as an expert in a much smaller part of one of these bigger markets, and then do everything you can to dominate. When you are the market leader, people gravitate to you and start to seek you out.
And it's even better to be very selective and look for a market that has a crowd of passionate people who are already buying products and services online. If you can find a starving crowd like this, virtually any affiliate product you put in front of them (as long as it helps them) will be a winner. Sure beats trying to sell uninterested people things they don't want.
So what's the best way to position yourself as an expert? You can write helpful answers on forums or in the comments section of other leading blogs in your market. You can become a guest blogger on those same blogs. Or you can simply share great, helpful content with your readers through your website or your newsletter.
And how do you know what products you should be offering your readers? The easiest way to do that is to survey them, ask them exactly what they want, and then give (or at least sell) it to them. If the affiliate products you offer help people get from where they are now to where they want to be, you've probably got a winner on your hands.
Of course, you've got to be careful that you don't bombard your readers with product promotions all the time. If you give them good content regularly, and throw in the occasional affiliate offer, you should be able to build a very profitable affiliate business that lets you sack your boss and work from home.
Make money topics, hobbies, sports and relationships are always a pretty save bet when it comes to building an affiliate business. The problem is, they are all very big markets. If you tackle one of these giants head on, you're going to get creamed by the big sites with millions of pages and lots of writers contributing to their content. You really don't want to go there.
The best way to go about this with your affiliate business is to be very strategic. Work out how to position yourself as an expert in a much smaller part of one of these bigger markets, and then do everything you can to dominate. When you are the market leader, people gravitate to you and start to seek you out.
And it's even better to be very selective and look for a market that has a crowd of passionate people who are already buying products and services online. If you can find a starving crowd like this, virtually any affiliate product you put in front of them (as long as it helps them) will be a winner. Sure beats trying to sell uninterested people things they don't want.
So what's the best way to position yourself as an expert? You can write helpful answers on forums or in the comments section of other leading blogs in your market. You can become a guest blogger on those same blogs. Or you can simply share great, helpful content with your readers through your website or your newsletter.
And how do you know what products you should be offering your readers? The easiest way to do that is to survey them, ask them exactly what they want, and then give (or at least sell) it to them. If the affiliate products you offer help people get from where they are now to where they want to be, you've probably got a winner on your hands.
Of course, you've got to be careful that you don't bombard your readers with product promotions all the time. If you give them good content regularly, and throw in the occasional affiliate offer, you should be able to build a very profitable affiliate business that lets you sack your boss and work from home.
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