Best Affiliate Markets
The key to success, when it comes to Affiliate Marketing is to find the best affiliate markets. Most newbies starting out in Internet Marketing tend to promote any old product, choosing a niche purely for its large commissions. This is like firing a gun into the air and hoping to hit a duck. To do well in Affiliate marketing, it's extremely important that you do a little research before you begin and FIND YOUR NICHE!
Why find a niche?
A niche market contains businesses and products that are of the same type so the potential customers of a particular niche can be easily identified and targeted with precision.
By knowing your 'type' of customer, you can better understand their buying habits and more importantly, what they will type into the Google search bar when they come looking for the product or service that you are promoting.
How do I know which are the best affiliate markets?
1. Find a niche product or service that you know will sell well
This will greatly improve your chances of success. Look at the merchant's landing page, whether it be a sales or a product page. Read it through and ask yourself if the sales pitch is compelling enough. Would you click through and buy this product if you landed on this page?
2. Define your niche market
Is there sufficient demand for your product or service? If you choose a popular product, there will be lots of competition competition. It may be difficult to stand out amongst a sea of search engine results that are offering the same thing. Remember though that you can always take a niche angle on a popular product. For example, instead competing with the keyword "toyota" you'd be far better off going for "toyato echo 3 door hatch back".
3. Keyword research
This is the most important step in finding the best affiliate markets. Get your hands on a good keyword tool, the initial investment will pay off exponentially in the long term. The first step is to use the keyword software to find out how many people are searching for your chosen keywords. If there is a good number of say over 500 per month, then you know that your product might be worth promoting. Now, using your keyword software again, you can find out how many results turn up in the search engines for this exact keyword. This is your 'natural results' competition. You can also check your 'sponsored' results competition by typing the keyword into Google and looking on the right hand side to see if any advertisers are displaying pay per click ads. If the natural results are under say 30000, then this would indicate a perfect opportunity for you to promote your product using SEO techniques along with article submissions. If the sponsored results are few (as the cost per click is low), then it would also be worthwhile to run a PPC campaign. The advantage that you will have using a Keyword Tool is that it will suggest to you keywords that you may never have thought of. You will be able to find some very specific keywords that have a lot of searches each month but with little or no competition!
If you haven't already got a Keyword Tool, then I highly recommend you head over to http://www.Keyword-Elite-Market-Finder.com - using this software is by far the easiest way to find the best affiliate markets and to know for sure whether an affiliate product is worth promoting or not.
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