And finally, the 3rd component ...
- Conversion
It’s very obvious: the conversion rate of a given (sub)niche is an essential factor that will have a huge impact on your profitability. With a higher conversion rate you’ll be able to generate a higher ROI and also, you are going to need less traffic to generate a certain number of sales or closed deals. Another golden rule that will help you to solve the “how to affiliate program” mystery …
Conclusion
When you are trying to find profitable niches with low competition, you are looking for 3 main components:
- a strong demand which relies on a desperate need and a real commercial intent
- a relatively small number of small-sized competitors
- high conversion ratesOnce you have made a few initial choices, you can move forward to the second step of the framework.
Join the Discussion
BobMargroff
Premium
Thanks Zsolt, interesting training. I’ll keep this in mind when actually doing a niche site later.
Reply
smartketeer
Premium
Hi Zsuzsita,
Thanks for your feedback!
So ...
Demand .... Well, are many ways and indicators. Here are a few tips:
First of all any keyword research tool will give you some information regarding the associated search volume, expected traffic, etc
Second: Google Trends ...
Third: successful niche-related products promoted by the major affiliate platforms; each major platform has some sort of profitability indicator
Fourth: related online activity, interest and engagement on blogs, social platforms, forums, etc
And so on :)
Competition ... Putting aside the complex (paid) competition analysis tools and methods, it's quite easy ... Once you have a general idea regarding your niche, you'll find them everywhere: the Google Search Results Page, the niche-related online and offline communication channels, on social platforms and so on.
Thanks for your feedback!
So ...
Demand .... Well, are many ways and indicators. Here are a few tips:
First of all any keyword research tool will give you some information regarding the associated search volume, expected traffic, etc
Second: Google Trends ...
Third: successful niche-related products promoted by the major affiliate platforms; each major platform has some sort of profitability indicator
Fourth: related online activity, interest and engagement on blogs, social platforms, forums, etc
And so on :)
Competition ... Putting aside the complex (paid) competition analysis tools and methods, it's quite easy ... Once you have a general idea regarding your niche, you'll find them everywhere: the Google Search Results Page, the niche-related online and offline communication channels, on social platforms and so on.
smartketeer
Premium
newmarketpro
Premium
That sounds simple Zsolt.
At the same time, I would believe, it is the initial part of finding a profitable niche that really make the difference if you will make or break it - the searching and a bit analyzing parts. Once you hit it 'bingo', you will be cruising to collect the big bucks.
Thank you for taking time to create this important tutorial.
Bookmarked.
:)Joe
At the same time, I would believe, it is the initial part of finding a profitable niche that really make the difference if you will make or break it - the searching and a bit analyzing parts. Once you hit it 'bingo', you will be cruising to collect the big bucks.
Thank you for taking time to create this important tutorial.
Bookmarked.
:)Joe
smartketeer
Premium
Once again, thanks for your time and your feedback Joe!
And I agree ... That's the secret: analyzing a bit those componenets ...
If you are talking about the cash credits, yes, I might collect those big $5 bucks :)
But the really important thing is to help others in finding a good niche. It's a quite common question for newcomers.
Zed
And I agree ... That's the secret: analyzing a bit those componenets ...
If you are talking about the cash credits, yes, I might collect those big $5 bucks :)
But the really important thing is to help others in finding a good niche. It's a quite common question for newcomers.
Zed
newmarketpro
Premium
:)
I believe the tutorial will be very useful to our new members who struggle with finding a profitable evergreen niche. I have seen, while many managed to identify their niche after the training, there are still many who stuck at that level.
Thanks again.
Joe:)
I believe the tutorial will be very useful to our new members who struggle with finding a profitable evergreen niche. I have seen, while many managed to identify their niche after the training, there are still many who stuck at that level.
Thanks again.
Joe:)
MaryAnnMc
Premium
Hi Zed. Thanks for the info. One of my niches is very in demand right now but it has a ton of competition. So much so that I am having trouble finding topics that haven't been discussed a gazillion times. I am trying to put a different spin on the articles but it is getting difficult. Less competition would be great :).
I don't want to give it up because I know it is here to stay for the long term.
Mary Ann
I don't want to give it up because I know it is here to stay for the long term.
Mary Ann
