The second reason that niche topics will bring you more money is because competition is less fierce. Rather than compete against dozens or even hundreds of other marketers, you’ll only have to compete with a handful. In fact, you may not even compete with the other marketers at all. They may become your friends because you share similar interests. Together you will tackle the market to make even more money.
When it comes to email marketing, experts almost always recommend the use of GetResponse. This email marketing automation tool also runs a high paying affiliate program that provides recurring commissions. It provides up to 33 percent of recurring commission for each plan. This means that you get to earn monthly as long as the user remains active using this tool. If you are able to secure the Enterprise plan sale, you earn up to $400. Cookie duration is 120 days, and you will receive your payments via PayPal.
Giving away a free informational product such as an e-book, an email series or a mini-course is a popular tactic many affiliate marketers use. Usually, your readers will have to provide their email addresses to receive the product from you. You can then use this to sell to them via email marketing. Additionally, an informational product can generate interest in the actual product you're trying to sell. If your product is popular enough and brings enough traffic to your site, you could also monetize the traffic in other ways, such as AdSense.
Kim, thanks so much for doing so much research for me! 😉 Guess what, after your comment I went and snatched up the domain Sea Decorations.com (would you believe it, it was still available!!!) and I am in the process of installing a new (but much less elaborate) website which I am going to try to get some Adsense earnings with. I do have Market Samurai, too, I just haven’t really used it to its potential yet. After your comment I think it is high time, though!!! Thanks again, Kim. Good luck to you in all you do!
Carly I’m so happy for you! And thankful for all you have done. Your series for the Computer Confused and Tech Troubled really helped me turn things around with getting my blog going. I still got a long way to go, but I’m making progress. It’s so inspiring to see your September income report and that you’re doing something that will allow you to realize your dreams of staying home with your child. I couldn’t be happier for you!
If you’re asking, “how much do affiliate marketers make” – well, Michelle Schroeder-Gardner makes over $50,000 / month from affiliate marketing. She is her own boss, and lives the dream life (on the road) with her hubby. She’s recently released a course on affiliate marketing, right from the what-it-is to the how-to-do-it (legally) – and the results her students (like me) have seen so far have been incredible.
MozBar – MozBar is a Google Chrome extension that lets you Google any keyword and see how competitive the search results are. The higher the DA (domain authority) and PA (page authority) the more competitive the keyword is. However you still want to click on the top results and browse the content to make sure you can creating an article/video that is better than whoever’s in the top results. That is really what “researching the competition” is all about.
An affiliate marketing program is a lot of work, and in most situations there's a lot of competition so you're not going to be bringing in money immediately. Business owners and entrepreneurs suppose that all you need do is setup a site and choose an affiliate to associate with and then just let it run its course. But according to Three Ladders Marketing, only 0.6% of affiliate marketers surveyed have been in the game since 2013. That means that affiliate marketing takes time and effort to build and make money.
Finding a good niche within the hobbies category is a great idea because even though I don’t have many hobbies of my own, there are a lot of hobbies I would have liked to have gotten involved in. So I can sort of experience the hobby vicariously through being an affiliate in that area, learning everything there is to learn about it and sharing that knowledge with others. And if it turns out to be not very lucrative as an affiliate niche, well, at least I will have learned a lot about the hobby! 🙂