So with all these niches and all this information how do we choose the right niche to market to? Do we as affiliate marketers choose to market to our passions or do we choose only for the most profitable markets? The answer that all affiliate marketers need to pay careful attention to, is both.

1. Type of market profit/passion.

One needs to find a balance between what you are passionate about, what interests you, where your knowledge and skills lie and whether or not these all form a profitable market. There is no point being absolutely passionate about a hobby say for example, “Tissue Box Collecting” and trying to market in this niche because you very quickly discover that you will not be able to make any money or find any affiliate programs relating to this topic. The same goes for if you know nothing about “Special Derivatives Trading” but it is popular and appears to pay out high commissions you will very quickly lose interest, and people will be able to quickly spot that you do know anything about this field.

Therefore you must try fins an equilibrium between something you are interested in and something that will be profitable.

2.Where to look? Go to sites you know, where people are already searching for things.

The best way for any affiliate marketer to find out what topics/niches/products are the most popular and what are attracting current interests is to go onto sites like eBay/Amazon/clickbank/magazine/froogle/affiliatedirectories. You can get many good ideas from reading book titles, what’s been advertised on these sites, what are the top 10 lists in all the categories. The information is there for you. If, for example, you are interested in the Health industry, log into Amazon and check out their top ten diet books, this will give you an idea of what new fad diets are starting up.

3. Finding markets with problems/the need to solve problems.

This step is very, very important. You need to choose a market which has problems you can solve. People are forever searching of information on the internet, most of the time this is for information relating to problems they have. So, continuing with our diet book example, you could provide a newsletter/report with the latest facts about the new diet, the do’s & don’ts of dieting and then attempt to sell an affiliate product relating to this new diet or an ebook with the new recipes etc.

4. How to problems and solve.

The following sites like eHow/EzineArticles/yahoo.answers are all sites dedicated to answering questions people have, spend some time going through these sites to get an idea of exactly what people are searching for and build a product/join and affiliate program around these problems and solutions. The most important part of internet marketing is being able to solve people problems in whatever area you are passionate about.

I hope you have found these tips helpful, affiliate marketing can very competitive and there are many people out there who do not have clue about what they are doing. If you can apply these simple techniques your success will sky rocket. If you would like more information and would like to get you affiliate success off the ground today please click on the link below.

That may sound crazy, but I have good reason for saying that. Most affiliate marketers wind up doing the following and failing miserably.

 Does any of this sound familiar?  If it does, you are not the only one. The sad fact is that not more than 5% of affiliates manage to make more than $25.00 from any of their efforts.

So, what is the answer?

1. Start by going to Commission Junction, Linkshare, Clickbank, etc. and try doing some in depth research in a niche market that you know something about or have an interest in. You don’t have to be in love with the product, but if you believe in it, it is easier to convince someone that it is a good product.

2. Take a good look at the product conversion rate, make sure it is high. Commission Junction can supply you with a report for the last three months and last seven days of earnings per click. This is a big help in choosing the best paying product.

3. Make use of a software known as the Product Idea Profitability Evaluator. This is a great tool to figure out profitability of a product. You can eliminate many niches that you think would be profitable with this software.  It will assess keywords, and profitability potential. It will also give you important information to determine profitability based on pay per click. You can use it for free for 10 days.

4. You next need to determine and buy a domain name (Go Daddy) and get a reliable hosting company (I use Hostgator). You can get free hosting but it is not recommended. If you want to come across as being professional, a free hosting company will destroy that image. The ads they will place on your site will make your website look like an advertising billboard. For any web business, building trust and confidence are of great importance.

5. If you don’t know how to build a website, there are many tutorials online, many in video format. Or if you have the money, hire a web designer to do the work for you. Do a Google search for website tutorials or html tutorials. Make sure you build a site with lots of good content, not something that is just full of product hype.

6. Next, you will need to promote your website. There are many ways to promote websites. Do a Google search on site promotion and you will see millions of results. Look at the first 5-10 for a good idea of the direction you want to go with your promotion.

7. If you really want to get a lot of traffic, build yourself a good link directory. That way, the search engines will pick up your site if your content is really good. Make sure you use a lot of your targeted keywords in the website so that they are picked up by the web spiders and you get a lot of free promotion on the search engines. This is known as Search Engine Optimization

8. Remember these steps and repeat them for every new affiliate product you want to promote.

The way I’m going to show you how to make money will deal with affiliate marketing, and using the help of a free service called ClickBank. First lets go over what exactly affiliate marketing is, and how it can help you make money.

Affiliate marketing is simply selling someone’s product, and in return they pay you a small commission for making a sale. Depending on the type of product you sell the commission you can make can range anywhere from a couple of dollars all the way to a few hundred.

Now the free service you will use to find products to promote is click bank. ClickBank has been around for a very long time, and has a very good reputation of paying people on time. You can visit their website and search the market place for product to promote. I suggest you pick a product that you like, and feel good about promoting. It also doesn’t hurt to already know a little bit about what you are promoting.

After you pick your product from the ClickBank market place the fun now begins. Now we will start to focus on how to start advertising this product to those who need it. First off you must understand that not everyone is going to need or want your product.

So you need to find what is called your target audience. A target audience will be a specific group of people who need or want what you are selling. These are red hot buyers.

For marketing you product I suggest starting off by doing a little article marketing. This method is also known as the bum marketing method, and has been around for years and is proven to work time after time. You should write reviews of the product, and other articles that just talk in general about what the product is and how it might help someone.

With article marketing you should make it a goal of yours to write 3 to 5 articles per week, and submit them to the top article directories. Make sure that when you do submit your articles for your ClickBank product you leave a link back to your website you are using to promote your product.

Finally our last proven method of free online marketing for your click bank product is social networking sites. Social network sites are where people go to meet and make friends, but they are also used to sell things online, and it’s a proven method that works.

Create a simple MySpace and/or FaceBook account. Once you have your account make your profile page talk about how you work online, and what you’ve done in the past. As you do this leave links back to your websites, and maybe even recommend a product to people. The most important thing though is you do not want to turn your profile into a sales page. Just give them enough information so they click the links on your page.

This method works extremely well. One of the main keys to making it work though is building up friends. The more friends you have the more people will see your profile page, which leads to more clicks. Also you will be able to post bulletins to more people.

So there you have it. This is a proven way to make $500 or more per month promoting a click bank product. If you wish to make more money all you have to do is pick another product and repeat the same steps above for your new product.

Clickbank can truly be a perfect Home Business opportunity.

What is ClickBbank? Well ClickBbank is actually the largest affiliate marketplace on the Internet. Here digital products are offered for sale by their owners. Of course digital products in the form of eBooks or pdf files are the most powerful way of doing business on the Internet since there is no Warehousing or any of the issues associated with the brick and mortar world.

But the greatest feature of ClickBank is that it offers anyone or Affiliates the opportunity to sell any of its products, so that any product can have an army of sales persons promoting it.

This benefits the owner or publisher of the product, and also the Affiliate who without any product of their own, can get into the Internet Business literally within minutes! You can go to ClickBbank yourself and see how easy it is. The beauty is that you don’t have to worry about setting up your own merchant account to collect money over the internet or any of that stuff.

ClickBbank handles all of that for you any charges a small commission. Then they simply send you a check twice a month.

Some clever marketers have taken this a step further, creating their own ClickBank Solutions store front and listing all their Affiliate products.

With over 10,000 ClickBbank products in existence, and growing, there are opportunities for anyone to jump in and start promoting an Affiliate product or search for a ClickBank Solution. Categories include MARKETING & ADVERTIZING, COMPUTING & INTERNET, MONEY & EMPLOYMENT and more…

Whether you are a product owner, an Affiliate marketer or a consumer,ClickBbank really is a gold mine. You just have to know where to find the gold and how to use it.

Now, with that said, it’s important to mention that affiliate marketing is no walk in the park, either. It’s certainly easier than pulling off a Jeff Walker-style massive product launch, but, like anything else, there are plenty of pitfalls just waiting to consume you and your money.

What are those Mistakes?

I) Choosing a Bad Product to Promote –

Not all products are created equal. In fact, that is probably the driving motivation behind your decision to sell affiliate products: for the most part, you have accepted that there are plenty of high-quality products already on the market; and, if you create your own, it might not compare favorably. If you decide to pick your product off of a list on Clickbank, select very carefully. Rather than haphazardly selecting the product with the highest commission, look for ones that have the highest popularity and gravity ratings. If a lot of people are buying them often, they must be better than other products for sale within that niche. In addition to picking good products within niches, you will also want to look for good niches. Here’s a stupid tip that will illustrate my point nonetheless: don’t sell garden hoses in the winter. No one will buy. Focus on products that a lot of people want; and if their popularity just surged, now is the best time to get in the market.

II) Picking a Low Converter –

As an affiliate marketer, your goal is to profit from the hard worker others have done; and from the money they have spent on copywriters, product developers, and software. If you select a product that underutilizes these advantages, you are likely to benefit less. Take, for instance, conversion rates. Not all product creators hire a top-notchcopywriter. In fact, many of them just write their own copy. Many also don’t hire someone to do graphs for the sales page. Instead, they try to do their own. Theend result? The page looks hideous, the copy contains major errors, and the product converts poorly. Before you start promoting any particular product, read the sales page carefully and compare it with others. Do you feel compelled to buy? Did the graphics throw you off? Did the copy fail to reel you in for the catch? These can all amount tofatal errors for both the seller and you. You cannot help the seller at this point, but you can avoid his product and find a better one. Do yourself a favor: choose your products carefully.

III) Selling Lizard Oil for a Lizard Oil Salesman

This pitfall is especially important to avoid if you have a list. All it takes is one erroneous product promotion and you could end up with a mass exodus from your list. Again, don’t make this error.Even though you may be tempted to promote the next “biggest launch,” make sure you don’t buy into just anything. Several marketers have lamented their choices to promote the Rich Jerk’s latest offering after list members complained that his sales page was loaded profanity and sexist comments. Don’t be one of these guys. Make sure you carefully inspect anything before you promote it to your list. Unless you happen to be the Rich Jerk, you probably don’t want peopleto think you’re just that—a rich jerk. Additionally, avoid jumping on the affiliate product bandwagon for major promotions. Instead, wait until the buzz dies down slightly; and then release a comprehensive review (something most affiliate marketers do not provide) of the product. This has a much better chance of getting sales for you; and it will also help you to maintain credibility. Last, avoid promoting products that make outrageous and fallacious claims. As Carl Sagan once said “Extraordinary claims require extraordinary evidence.” In most cases, these snake oil peddlers cannot provide you with any extraordinaryevidence, but they do make the claims. Avoid promoting them and becoming associated with them.

IV) Picking Products that Offer Meager Commissions –

If you’re marketing to a list of people, they’re only going to consider so many product offers in a given period of time, so select the ones you promote wisely. Ifyou promote something that only generates a 25% commission for you, then you’re leaving a lot on the time. In reality, you could probably find a similarproduct that offers a 50% or 75% commission. In terms of the actual dollar value of the commission – don’t sweat that as much. While many top name Internet marketers now say that they concentrate on promoting high-ticket items (since only a few sales will generate a lot of money), you can still make a killing selling relatively cheap reports. The rising popularity of the $7 report is testament to this fact. So avoid the cheapo sellers, but don’t worry as much about the price.

V) Failing to Collect Leads –

Always, always, always capture leads. Rather than generating traffic through pay per click, search engine optimization, and other methods and then sending thattraffic to your affiliate link, you should make an effort to convert them into list members first. Why? Two reasons: simple mathematical reasoning and thecollective experience of many marketers. The simple mathematical reasoning goes something like this: virtually everyone who would have purchased the product will opt in to your mailing list. And many who definitely would not have purchased the product will opt in to your mailing list. Instead of converting at a rate of around 1-3% (in affiliate sales), you will convert between 15 and 40% of visitors (to your mailing list). From there, you will get the chance to contact the willing buyers and the more reluctant. Additionally, once they’re on a list, this is no longer a one-off effort. You get the chance to market to them again and again for months or even years. As a marketer, one of the best tools you have available is your list. Always, always, always use your list over the one-off sale.

VI) Ignoring the Importance of Timeliness –

In business in general, the quick often outcompete those endowed with greater resources. Today, Google is no longer a small company with meager revenues, but in the past, it emerged from nowhere to outcompete massively well-endowed rivals; and it did so with cunning. How does this apply to you? Successful affiliate product promotion requires you to do more than simply slap an affiliate link in an email and send it out to a couple thousand people. If you expect them to actually buy, your email should benewsworthy – not promotional.If you can genuinely write your email as if it were a news announcement, you arefar more likely to draw interest than if you send a link to an Internet marketing ebook that was written in 1998 and wasn’t particularly popular then. You need to find product launches that qualify as an “event.” Find something so big that people follow the event and comment on it. If you can find such a product (say, the iPhone of Internet marketing products), it is critical that you engineer your own build-up and release, centered on the build-up and release of theproduct. You will want to make sure that your list members purchase from you, rather than from another list owner. To make it short and sweet: pay attention to the clock and the calendar. If there’s a big launch coming up, you need to capitalize on it quickly. There may not be a second window for opportunity. So take it when you have it.

VII) Ignore Important Numbers –

Many affiliate marketers fail to make many of the small—yet important— calculations needed in order to run a business and ensure you are in profit. For instance, many affiliate marketers will completely ignore the portion Clickbank extracts from each sale. Instead, they’ll simply look at the price and the commission. Additionally, many will ignore conversion rates, pay per click bids, and the amount of time they put into projects. They’ll also fail to make realistic estimates of how much promotional efforts will cost; and how much of a risk they’ll be. They’ll glaze over all of these minor details and devote the majority of their time to daydreaming about the riches they will rake in. Unfortunately, affiliate marketing doesn’t work like that. If you’re paying too much for traffic; if your conversion rates are too low; if you put too much time into projects that don’t have high yields – the outcome is bad. Your numbers won’t add up. At the end of the day, month, or year, you may end up in debt, rather than profit. And since you’re a sole proprietor, not a CEO of a corporation, that means you don’t get paid at all. Even worse, you might lose some of your own money that you worked hard to get.

So how does all of this come together? As you read, there are seven common pitfalls in affiliate marketing. If you fall into them, you affiliate marketing will pu  you in debt, rather than making you wealthy.

So how can you avoid these traps, make better decisions, and ultimately become wealthy via affiliate marketing? First, start by selecting products that are actually good. As I mentioned previously, a low demand product will make few sales, no matter how hard you try to promote it. If the demand isn’t there, you can’t create it. Don’t try.

Next, within the niches that are in high demand, look for a product that is actually a winner. Find something that converts very well. You can do this by looking forhigh-popularity, high-gravity products on Clickbank. You can also do this by scanning salespages to find ones with extraordinarily compelling copy, good bonuses, and reasonable prices.

In addition to choosing a product that is likely to convert well, you will also want to make sure that the claims are reasonable and that the seller is credible. Onebad product could seriously knock you down a few pegs with your list members. Making a single sale and losing an otherwise repeat-buyer is rarely worth it.

Once you start generating traffic for your affiliate marketing campaigns, remember to drive it to an opt-in form – NOT to your affiliate link. If you send theperson directly to an affiliate link, you are likely to never hear from that person again, whether or not it results in sale. Collecting leads is critically important. Ifyou fail to do so—as many affiliate marketers do—you are leaving a lot of money on the table relative to the amount you are spending.

Last, do yourself a favor and keep track of conversion rates, bid prices, commission rates, product broker fees, and all the other little numbers that affiliate marketers prefer to ignore. Knowing, understanding, and tweaking these numbers could be the difference between profit and debt. You can ignore them if you want, but doing so will not improve your business.

With all of that said, you’re now ready to take a crack at affiliate marketing. There are a lot of risks involved, but you already know the big seven; avoid these, and you’ll sail through into profit, following the trail of past super affiliates.

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