Let's start with the first step ...

1. Analyzing the 3 main components of a truly profitable niche

The 3 main considerations are: demand, competition and conversion. Let’s take a closer look at each component:

• Demand
  

What you need to understand here: there is a huge difference between interest, desire, need and desperate need. Obviously, you are looking for the latter one. If the people you are targeting is desperate then that makes your job much more easier, because the people searching for a solution to their problem are usually highly motivated to spend money to solve or cure whatever it is that is causing them a problem.

And don’t forget: even the most desperate need is valueless without a real commercial intent! If a lot of people are searching for your niche topic in Google, your niche is in high demand and that’s really good, because you’ll be able to efficiently leverage SEO to get traffic to your site, but it’s completely pointless to choose a niche where you may have tens of thousands of monthly searches while the searchers are only looking for free information. In other words, the actual commercial intent of the searchers is also vitally important.

To put it simply, you are looking for niches that can sell lots of different products or services that people really need or want to solve an existing problem. That, along with a laser-targeted website that provides the best genuine solution(s) to their problem(s), and you’ll start making some real super-affiliate commissions. And basically, that’s the very essence of the whole “how to affiliate marketing program” mystery! As Rachel Sklar said …

A strong and enthusiastic niche audience can push a topic into mainstream consciousness with speed and force.