How to Make Money in Niche Marketing - For Newbies
Last Update: Mar 14, 2017
When you want to become an online Affiliate Marketer, choosing a Niche to promote is critical. To explain how to make money in Niche Marketing will help to explain why it is important to select a niche for your affiliate marketing efforts.
WHAT IS NICHE MARKETING
Niche marketing is to target a specific and focused segment of the population that has an interest in or need of, a certain kind of product or service. You then take this product or service and promote it through various marketing efforts, internet marketing being the most-easiest and lucrative way.
A niche can be practically anything but remember, you want to target a specific area like toddler toys for boys instead of the broader toddler toys. You do not want your niche to be too broad because there will be too much competition. You want to be an authority in your niche to stand out above the others. This is why you should always pick a niche you closely know.
WHAT COMES NEXT
Once you have your niche selected, it is time to build your website. And as many of you know, here at Wealthy Affiliate that process takes a matter of minutes when using the Site Rubix website builder program. No longer do you need to know how to program or have any techie experience.
The training here at Wealthy Affiliate takes you by the hand and leads you step-by-step through the easy process of setting everything up. Then the training has you write content about your selected niche. This is the time where your creativity really comes into play, as you begin the promotion of your niche.
Be prepared to write a lot of content, I am talking about at least a combined total of 15 pages and posts of at least 400 words each. That may sound like a lot at first but if you are truly passionate about your niche, you will not have a shortage of things to write about.
NOW COMES THE AFFILIATE PART
Now that you are chugging along, following Kyle’s awesome training and writing content, you will want to start looking for companies to “Affiliate” with that offer the product or service you are promoting in your niche. Kyle provides various ways in the training to find these companies.
The cool thing about the affiliate program of these various companies, are that they are free to join and you can join as many of them as you want, though I recommend only a few. These companies will first have to inspect your website to make sure you have sufficient content that would represent their offers.
Once they approve your application they will provide you with all kinds of affiliate banner ads and text links, that all have a unique affiliate ID number associated to only you. This is how they can track how many customers you have sent them, and who to send your commission to.
WILL THERE BE ANY EXTRA COST
Yes, but it will roughly be at only $1.18 per month more than your $49 per month, Wealthy Affiliate membership. This $1.18 extra per month will pay for your personal domain name. So for just over $50 per month you will get EVERYTHING you will possibly need to learn how and to operate your online business.
Having your own domain brings about more authority, higher Google rankings, and you could potentially make money on it years down the road. How is that you ask? Your own domain name is like owning a piece of internet real estate. If someone really wants your domain name for their new company they could offer you more money for it.
WHAT NICHE DID YOU SELECT
Now is your chance to share with all of us what your selected niche or niches are. In the comments below list the following…
1)What is your niche or niches?
2)Why did you choose that niche or niches?
3)Seeing how really easy it is to build a website here at WA, will you build more?
I will start by listing my 3 niches...