Affiliate marketing is a great online business model where you sell products and services that have been created by other people. When you sell something, the product owner will pay you a commission. You don’t have to worry about creating a product, sorting out payment systems or delivering the product.
Because affiliate marketing is so popular, there are products available for sale in just about every niche and industry you can think of. Even though you are virtually sure in your mind that you will be a success in a particular niche, is there some way to measure if your niche will be profitable? Here are five ways to find a profitable niche for affiliate marketing?
1. What’s The Competition?
If there’s too much competition it can be difficult to get a foothold in a popular niche. However, no competition is a bad sign too. To find a profitable niche, type the name of your niche into Google. If there are ads relevant to the search results it’s a good sign. That means affiliates are making enough profit to spend money advertising to your market.
2. Look At Amazon
Amazon is the largest online retailer in the world and many people make money from their affiliate program. When you enter a prospective niche into the search engine at Amazon are there thousands of results, or fewer than a hundred? If the biggest retailing website doesn’t show too many products for sale in your prospective niche, you should probably start looking for another niche.
3. Is It Seasonal Or Just A Trend?
Some affiliate products sell reliably at certain times every year. Think toys at Christmas or fancy dress at Halloween. Some markets are ready to skyrocket in popularity, while others might be ready to fall flat. Check your prospective affiliate niche in Google Trends. It can expose some valuable information about your niche.
4. Check The Affiliate Merchant Sites
Affiliate merchant sites like JVZoo, ClickBank and CJ.com are just a few of the places that you can find profitable affiliate niches. If you plan to sell digital information products, check that your market is healthy on these sites.
5. Consult Technorati
Technorati.com is a free blog aggregator. Use it to search your niche topic. If there are a good number of results, you probably have at a niche that is workable. if not, move on to another niche. The Technorati site has a number of filters you can apply to really drill down your results.