Coming Up With An Easy Niche That WILL Make Money Pt IV

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Hello Folks

Apologies for this blog to take so long to appear but I've been guilty of rabbit-hole diving and, subsequentially I've been negligent in my blogging - anyhow, I'm here now.

Today's presentation was going to be on the market based around 'organizing'. I decided that 'organizing' was going to be my main keyword so, I first went to Google Trends (trends.google dot com) to see what sort of search level there was and here it is:

Now, I specified United States as my search area, 2004 til present day for my search length, all categories and Web - I was disappointed - you can see that it is a downward trend from a high back in the mid-2000s to half of that now.

So, I decided to bin it and go with something I never thought I'd do - something I've warned other members not to do and, I'm sure, other people have warned against.

I am goinng to dive into the financial marketplace and see if I can make some money.

The niche I am going to dive feet first into is Credit Score and my sub-niche is Minimum Credit Score.

My approach this time is either a good example of reverse engineering; where you have an end goal in mind and work backwards towards breaking it down into targeted, achievable goals or it's an acutely bad example of crossing the road without looking ... well, time will tell.

So, the 4 broad brush stroke steps to this example are:

  1. Decide on how much money you want to make - I'm aiming for $5,000 a month which is $60,000 per year
  2. Choose a niche - I've chosen the niche of Minimum Credit Score
  3. Choose an offer - we'll look at this next
  4. Traffic - this will be the next post in the series.

Before we dive into offer discussion, let me give you a very brief look at what credit scores are.

The Credit Score

A credit score is a number that can range from 250 to 900 or 300 to 850 depending on which source is providing it. It is a number created by 2 private companies (the Fair and Isaacs Company (FICO) and, seperately, VantageScore - a company set up by the 3 main credit bureaus in the US, Equifax, Experian and Transunion) and this number shows how creditworthy these 2 companies think you are.

The higher your credit score is, the better prospect you look to be to any lender i.e. how more likely you are to pay your debts. Your score is mainly derived from your credit history, your debt repayments history, the total amount of debt you are carrying, how many accounts you have open and a few other factors.

OK, enough background, we'll delve deeper in the up-and-coming traffic post - let's look at offers.

The Offer

I'm using 2 affiliate product marketplaces to find my offers. The 1st is Clickbank which is free to join and very easy to sign up to the affiliate program of the product you choose. The 2nd is one called Offervault. Offervault is a search engine for CPA offers. CPA - Cost Per Action and this 'action' can be anything from a simple download to someone filling out a form - usually the commissions are low for the downloads through to high for the form-filling.

So, first to Clickbank...

I'm going to continue this on the next blog as, while I was doing the research to create this content; I noticed something about the products in Clickbank that I'd like to share with you.

The next post will be up as soon as possible.

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Recent Comments

12

Watching with interest, Dom! I like how you researched this! This Blog series would make an interesting mini eBook as well!

Jeff

I never thought of that

Some of your posts could be the same thing, Estellyn!

Jeff

I am looking forward to the next installment.

That's great I would love to know more about clickbank.

Looking forward to learning more about this. Thanks for sharing!

Thank you James, I'll be getting the next post up as soon as possible

Thanks for the interesting article. Some food for thought here. And I love how you have created interest by telling us there is more to come. Very smart!
Barbara

Totally by accident I promise you Barbara - it's going to take some explaining :)

HaHa. Looking forward to it.

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