Monetizing Your Niche

Monetizing a niche or a website is done in many different ways. The most common way for beginners is going to be with affiliate programs and AdWords. These will be the two methods I am going to discuss in this training.

Affiliate Programs

Affiliate programs can be found in any niche you can think of. I usually start by searching my niche with the word "affiliate" attached to it. Often times this will yield good results in finding products or services to sell.

I think it's best to find at least three different affiliate programs to offer people throughout your site. You can always start with one and add to it later as your site grows and expands. One of my sites has 10 different affiliate programs attached to it and I expect that number to grow.

If you're having trouble finding an affiliate program, Commission Junction is a great place to look. They handle many different companies like Hershey's Chocolate, Home Shopping Network, along with many others. Chances are you can find something there suited to your needs.

AdWords

Basically, AdWords is Google's Pay Per Click advertising. As a publisher, you can place other people's ads on your site and get paid each time one of those ads gets clicked on. The amount you get paid varies widely depending on a number of factors that are explained when you sign up for an AdWords Account but is usually between $0.10 and $1.00 per click.

The upside of this is, a purchase does not have to take place for you to earn some money. People click on these adds pretty regularly and, if you have a decent amount of traffic, you can make a nice bit of money each month.

The downside to this is, you're sending your traffic to someone else's website for a few pennies. I personally prefer to utilize my traffic for myself. It's widely debated as to whether or not you're short changing yourself by using AdWords. My take on the debate is, everyone measures success in their own way and if AdWords makes you happy then use it.


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Hudson Premium
Nice one Ty. No matter how much we think we know it is always good to go back to the basics and often we discover that missing link, or different view on the same topic which brings the aha moment.
Regards
Hudson
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Ty Johnson Premium
Thanks Hudson, I know I struggled with finding as niche for a long time myself. I didn't put the proper amount of time into the subject as I should have and as a result I ended up bouncing around and never staying focused on one thing. I hope this keeps a few people from that same mistake.
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williamhall Premium
Thanks for the training. I wondered how to monetize the site I am working on. Steep learning curve just got easier with your tutorial.
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Ty Johnson Premium
I'm glad I could help. It is a lot to learn but it will come together in time. Just keep learning and sooner or later light bulbs start to go off for you.
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tommo1968 Premium Plus
Hi Ty great training tips. I took your advice and ran with fishing as my niche as its something I know and am passionate about. It has taken a bit of time to implement but I am now seeing some rewards from my eBay shop as sales have doubled over the last month.

Traffic is also starting to arrive at the website and I know I have loads more to do but if you stick to something you know you don't have to research the topic which takes up time but rather just write about it.

I am starting to enjoy my journey now and as time goes by it gets easier. I don't scratch my head as much now as I know there are guys like you in WA that are always willing to help.
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Ty Johnson Premium
This is a prime example of what I was saying. When I first heard of fishing as a niche I thought it sounded crazy. This was a long time ago but then I started looking at fishing sites and realized that it's not only a good niche but a huge one as well.

So many people love fishing and want to become better at it. Helping those people learn to fish better leads to sales because your fishing advice is awesome, well if your advice is awesome it's a natural assumption that the products you recommend to people will also be awesome.

The more a site builds the faster it starts to grow too. That's because people that fish have friends and they share the site with those friends and it get's passed along. As this happens Google and other search engines see the activity and start to rank you higher because they can see that the people that do visit the site are staying on the site and engaging.

Niches are literally everywhere you look, some are big and some are small but you can make money off of just about anything and everything.
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MaryelPhD Premium
I am blessed that I have a few "niche" markets that I am very comfortable as an "expert" and my problem is not the ideas, it is implementing the actual steps. but that's exactly why i am here, and i am here to stay! I truly appreciate the individual and group support this unprecedented group provides, and I am soooo grateful to have the chance to finally learn that which has baffled me for years! So i am taking my time, step by step, slowly getting into the training's, and enjoying the comments on the journey. With a few health challenges behind me a possible new one in front of me, this is a great positive productive way to get the "rest" I need and kick back with my laptop and create!! AND in the end make money! thanks for all your support and kind words. blessings MaryelPhD
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Ty Johnson Premium
You'll get there on the step by step part. There are lots of guides in WA from me and lots of others as well that will teach you everything you need to know. It's natural to feel like you're drowning at first but that will eventually go away as you grow in knowledge.
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Carson Premium Plus
Thanks for the training Ty! Finding a "niche" seems to be one of the biggest hurdles people have when getting started. With that said, once you learn about "niches" and that there are niches everywhere, it becomes a lot easier to make a decision on choosing one to promote.
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Ty Johnson Premium
Yeah it get's a lot easier to find and even educate yourself on niches as time goes on. Starting out it's so much easier to choose something a topic you're already well versed in or at least very interested in. I think starting out you are already overwhelmed with new information as it.
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Carson Premium Plus
You said it exactly Ty. Choose something that you are interested in when you are just getting started. Makes things a heck of a lot easier.
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