I must confess that finding a profitable niche from which one can earn online is not the easiest task. The surest way to make money with affiliate marketing online is through niche targeting. Niche marketing involves an affiliate marketer targeting a profitable program or product that is in high demand, thus improving the affiliate marketer’s chances of earning a lot.
In this article I am going to articulate the most prominent ways to find a profitable niche to start your online business. To do this successfully, you don’t need to spend money because there are free tools and skills available online that can be employed.
look at your passion
The top of the list of tools you can employ to find a profitable affiliate niche is to look within. Find out what you like, what do you like to do? What are your hobbies? What do you like to do? What is it that you can easily do or know about? These are very viable links or online wealth indicators. Write them down, they can become profitable niches online.
Research or brainstorming
There are free tools available online where any type of investigative work can be carried out easily. Sites like Google.com, Wikipedia topics list are fantastic places to start where you can get great insight into any topic. Another site you can look at is shopping.com Consumer Demand Index, you’ll find a list of the most popular products that online searchers are seriously looking for.
Technorati’s popular list, a leading blog search engine, is another source site worth mentioning, it has tens of hundreds of what’s popular in the news compiled from thousands and millions of blogs. Popular Yahoo! Trends Buzz and Google Trends are also very important places to generate profitable niche ideas online.
Discover niches that have high earning potential
Google AdWords Keyword Tool or WordTracker Free Keyword is another powerful tool that you can use to find a niche where a large number of people search on a daily basis. Understand that the main reason they search for those keywords is because they are looking for solutions to their needs. You can use the same tool to estimate the earning potential of the niche you are interested in. If the niche is high cost, say around a dollar per click, then the niche has high earning potential if you will use AdSense to monetize your site.
Another important way to monetize your blog is to use affiliate programs or networks like Clickbank or Commission Junktion to find products related to your niche that pay a minimum of $20 per sale to generate a nice profit. Outside of these two networks, you can also use Google for search queries to find other useful affiliate programs, type niche keyword + affiliate. You will have a list of affiliate programs in your niche, visit some of them, check their feasibility and potential to determine your payout and sign up for the reasonable ones.
