Terrified then Energized
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These are the questions that rarely get answered. For most of it you are on your own but with sites like Wealthy Affiliate you can get help. Picking a niche is probably the biggest stumbling block. Usually you are told to pick something you know, are passionate about and would like to learn more about. For instance, my passion is music technology. So how does this translate into a marketable niche? Keyword research is definitely the first stop but then you have to find a problem that needs to be solved. For instance, with the expense of amplifiers being what they are a lot of people interested in recording guitars and even live performance have turned to amplifier simulators. There are all kinds of products for this very problem. Where do you go to find products to promote? Amazon is usually the first stop but there is a better way. If you have any interest at all in music whether it is guitars, basses, keyboards or kazoos you will already know several websites that sell these very products and surprise, surprise most of these sites (which are just giant online catalogs focused on musical instruments and accessories) have their own affiliate program. Very convenient. Just make sure you read up on the sites so that you are recommending one you would use or hopefully would have used in the past.
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Yes, this is a very accurate description of the necessary considerations with which one must grapple when it comes to Internet Marketing, most especially if one seeks to achieve any real marked profitable success.
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Glad you are here and wishing you the best for 2013! The questions never end, but the answers can be found here.