Ways To Find A Profitable Niche To Dominate

How to simply discover and find niches to monetize.

Successful businesses have learned that finding and exploiting a profitable "niche" is the key to profitability. This should not be a "guessing" or "I think" matter. You need to be as certain as possible that the niche you choose really has potential be cause it has been mostly ignored by everyone else. So how do you go about making this determination?

First, make sure you understand what a profitable niche is

A niche is merely a segment of a larger market. You have to identify it, target it and approach it with a highly-focused approach. Most niches only contain a small percentage of the total market, perhaps 1-3%. When you successfully identify a niche market, it becomes much easier to realize a good profit. If you have identified it properly, you will be marketing to a smaller, select group of prospects who really need the product or service you are offering because your competition has ignored them. There just isn't an available supply to meet the demands of the niche marketplace.

Start identifying the niche with keyword research

If you plan to do business on the Internet (and who doesn't today) start looking for your profitable niche by doing keyword research. Keywords are simply terms that apply as specifically as possible to your suspected niche. You can surf the Internet and come up with a good idea of "needs" that aren't being met. When you find one, you can use a keyword suggestion tool. Here's what that is: Let's say you think that there is an available niche for upholstery cleaning solutions. Do some research to locate keywords related to this subject such as upholstery cleaning, cleaning solutions and upholstery. If you don't find anything much, you have a good niche. When you locate a keyword that is frequently searched for which there is a short supply, you've learned something important.

Market trends can also be found on ebay and yahoo!

eBay and Yahoo! are good places to look at current market trends. Research the products on eBayt to see which ones are getting the highest bids. Find out which niche markets products are targeted to and what similar products are available. You may even be able to find out about other less-suspected niches at the same time.

Check out affiliate markets as well as the primary ones

The Internet has no shortage of affiliate programs used for networking purposes. Look over affiliate programs to determine just what products or services they are offering and which ones are selling best. Ask yourself just which niche each product is aimed at. You, too, can utilize affiliates and sell their products on your website in addition to your own. People make a great deal of profit on the Internet through affiliates.

Create traffic to your website through writing articles

You can write articles and submit them or have someone write them for you if you're not a good writer yourself. Good writers can be found on any of a number of websites for freelance writers such as GetAFreelancer.com, elance.com, freelancewritersguild.com and others. It costs very little to prepare articles and submit them to available Internet article directories. If you include keywords in your articles, they will lead people to you when they search the web with major search engines such as Google, Yahoo!, AOL and others. You can determine which of your published articles have received the most "hits" and this can provide you with valuable information about your niches.

Check out bookstores online and offline

It's also a workable technique to check for suspected market niches in bookstores like Barnes & Noble or online via Amazon.com. Look for books that are targeted to your niche. If the shelves are crammed with them, it's probably not too good. However if the opposite is the case, and there are few books aimed at your subject, you may have identified a winner. The same method can be used by looking over the magazines at your local newsstand, reviewing advertisement for the general market so see if any are targeted to your niche, etc.

Persistence wins out

Nobody ever said that being successful is easy! Stay on top of these techniques and keep your mind open to others. Most of all, stick to your guns and don't be discouraged if your initial efforts don't produce immediate results. They will, in time!

Source: Free Articles from ArticlesFactory.com

The Top 10 List of the Best Affiliate Networks

First, if you’re new to affiliate marketing, some preliminary explanations may prove helpful in your quest for becoming a part-time or full-time affiliate marketer.

preliminary explanations may prove helpful in your quest for becoming a part-time or full-time affiliate marketer.

What is Affiliate Marketing?

Affiliate marketing is quite simple to explain: you promote and market a product or company in return for a commission if a sale or lead is made from your marketing efforts. With online affiliate marketing you simply place your affiliate ID embedded links on your web pages and if a customer clicksyour link and proceeds to that designated company’s site and makes a purchase or signs up for a service, you earn a commission.
Affiliate marketing, if done right, can prove to be a very lucrative venture.

Commissions can run anywhere from a few pennies to thousands of dollars for just one click or sale.

Professional marketers develop affiliate relationships with hundreds of companies and build sites to promote these companies and products.
Needless to say, the advent of the Internet has been a golden opportunity for affiliate marketers to really expand their promotions and marketing. As more as more customers choose to buy online, advertising and purchases keep increasing at a maddening pace.
To accommodate all this online ecommerce we have seen the birth of large affiliate networks, operated by large corporations. Make no mistake, affiliate marketing is big business, accounting for billions in sales and commissions.

What is an Affiliate Network?

An affiliate network is a third party facilitator which brings affiliates and companies together. It connects Advertisers (companies with products or services to sell) together with Publishers (those who display and promote these products or services) so they can do business. The affiliate network does all the tracking, accounting and payment of commissions.
The following Top 10 list of the best Affiliate Networks is compiled by an actual full-time affiliate marketer who has worked these programs for over five years. This list is subjective and based on first-hand experience. It should be seen in this light and every marketer probably will have a different list or have these in a different picking order depending on the type and nature of their marketing.

But this list of the 10 Best Affiliate Networks will give you a general rundown on these affiliate networks and how they operate.

1. Commission Junction (www.cj.com)

Now owned by ValueClick, Commission Junction was one of the first affiliate networks. It is also one of the most important with many of the Top Fortune 500 companies listed here.
CJ is an international network with excellent stats and tracking (some of the best you will find), along with regular monthly payments makes this the obvious first choice for anyone wishing to try affiliate marketing.

For those new or old at affiliate marketing, CJ also holds regular seminars and training sessions.
Most merchants offer pay-per-lead or pay-per-sale, one of the best features is the performance bonuses and incentives. As most experienced marketers will know, selling 50k to 100k each month for merchants will bring in the big incentives or bonuses.
Commissions run as high as 50% but most are in 3% to 15% range. You have the option of direct deposit for your payments. One major plus, CJ will tell you which merchantsand ads are earning the most revenue for affiliates so you can easily choose which merchants are worth promoting.

2. ClickBank (www.clickbank.com)

ClickBank is another professional affiliate network withexcellent stats and tracking.

Easy to use and pays every two weeks.
ClickBank is slightly different from the other networks in that it deals mainly with digital download products. The commissions from ClickBank are usually much higher than the other networks, around 40% to 50% or more.
ClickBank has over 10,000 products but keep in mind, info-marketing products will have stiff competition from all the savvy and well established Internet marketers promoting these same products. Consider youself warned!
The most successful marketing tactic here is to first dominate your targeted niche with your blogs and sites, then find affiliate products to match your content or niche subject matter, whether it be gardening equipment, gaming laptops or Mediterranean cruises!.

3. LinkShare (www.linkshare.com)

LinkShare is another excellent affiliate network. It is one of the oldest affiliate networks on the web. LinkShare was recently acquired by the Japanese Portal Rakuten, with a price tag of $425 million.
Very good stats and reporting with their Synergy Analytics system. Many Top Fortune 500 companies are presented here so you will no trouble finding products and services to romote.LinkShare pays commissions as they receive them from merchants - monthly checks.

4. Affiliate Window (http://www.affiliatewindow.com/)

Affiliate Window is an UK based affiliate network which offers top brand companies and good commission rates. Pays once a month and has excellent stats.
Savvy affiliate marketers know promoting in other countries can be much easier than promoting in the American market place. Mainly because these other countries haven’t become saturated with online marketers, little competition means more sales.

5. Amazon (http://www.amazon.com/)

Amazon is another excellent affiliate network to join if you want to sell products from your site or blog. Amazon has excellent stats and the links are very easy to create and place on your web pages.
You also have the option of creating your own store with Amazon aStores. Amazon also now has context link ads and Widgets!
Commission rates are somewhat lower than the other networks but making sales thru Amazon is much, much easier. You will make more sales mainly because Amazon is a well known and trusted online company. Amazon now pays monthly.

6. Shareasale (http://www.shareasale.com/)

Shareasale is yet another easy system to work with good stats and simple to create links. With 1,700+ merchants to choose from, Shareasale is another good affiliate network to promote.
The control panel is easy to use and the reporting is very good. Usually pays the month following your sales.

7. Google (www.google.com/adsense/)

Many won’t think of Google as an Affiliate network but it does run affiliate products thru its Adsense program. Very few products but like everything from Google it is professionally run and top caliber all the way.
Please note, top marketers know affiliate links/products on their content pages will return 10 times what Google Adsense will give them. However, these marketers will also know using Google Adsense on less targeted pages throughout your sites or blogs will give you a healthy return.
Besides receiving that monthly check from a multi-billion dollar company like Google will put a smile on your face every time.

8. LinkConnector (http://www.linkconnector.com/)

LinkConnector is a relatively new affiliate network which launched in 2004. It has Pay Per Click, Pay Per Sale and Pay Per Lead. Good stats and reporting. Worth checking out for their different types of new affiliate technology such as Direct Linking which passes pagerank along to the merchant’s site.

9. CPA Empire (http://www.cpaempire.com/)

Great CPA (Cost Per Action) network especially if you do a lot of email marketing and promotions. Geared towards acquiring leads and sign-ups but does offer other merchants as well. Good stats and reporting.

10. Independents

Individual affiliate deals with different companies which may or may not be listed with the major networks above. Your independent affiliate deals will be some of your most lucrative since you can sometimes work out separate private commission rates and bonuses. Aim for residual income here. Don’t ignore this aspect of affiliate marketing as it will pay the highest dividends.
Keep in mind, all the above affiliate networks are iddlemen,they come between you and the merchant you’re promoting. For affiliates with a proven track record, who have shown they can deliver the customers and sales, a private deal cutting out the middleman/fees can prove very beneficial for both parties. If you’re fortunate enough to become known as a super affiliate, these private deals will become more common and more profitable.
Professional affiliate marketers use all of the above networks to create multiple income streams from their marketing efforts. In the process, they build a healthy monthly income for themselves and their families. There is no reason why you can’t do the same.
The author is a full-time online marketer who has numerous websites, including two sites on Internet marketing.

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copyright © 2007 Titus Hoskins. This article may be freely distributed if this resource box stays attached.

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