One of the easiest and most risk free ways to generate an passive online income is through internet niche marketing. One example of internet niche marketing is affiliate marketing. The costs are very low and the risks are next to nothing as you do not need to invest time in researching and creating products. People can generate a full-time income or even several hundreds of thousands of dollars through affiliate marketing if they target profitable niches.
Affiliate marketing is a revenue sharing arrangement between an online merchant and an affiliate. The affiliate drives traffic to the merchant’s website through paid advertising such as PPC (pay per click) advertising or with traffic they generate from their own web site. The affiliate earns a commission when the traffic they refer results in a sale or lead. or click for the merchant’s site.
To become a successful affiliate marketer you need to understand that the money is in the niche. Not all niches are equal. You should be pleased to know that there are plenty of niches that generate fulltime incomes for thousands of affiliates. However, for everyone profitable niche there are hundreds that make little or no money.
A big mistake beginners make is choosing a niche that interests them. While there are advantages in being passionate about the subject matter of the niche you choose it is important to understand that the niche you market shouldn’t be about what interests you. It should be about helping people solve a specific problem. The more pain and frustration this problem causes the more likely people are willing to pay for a solution. Rather than the niche get passionate about the marketing
Google offers a contextual advertising solution for web publishers called Google AdSense . If you have a content website with lots of quality well written articles you can have Google deliver text-based ads that are relevant to site content pages. All you need to do is install some code onto the pages of your website and Google takes care of the rest.
Every time a visitor to your site clicks on a text-based ad on one of your content pages they are referred to a website. They leave your website and go to another website. You are then paid for this referral. Depending on the niche you can be paid a few cents per click, or several dollars. There are extremely competitive niches that can generate $50 to $100 per click in revenue.
Google Adsense is a really easy way to generate a passive income on a content blog. Even if you only generate $10 to $20 dollars a day it will ad up to hundreds of dollars quickly. If you like writing then AdSense would be the affiliate program for you. Keep in mind that if you want to make a serious income out of this you’ll need to discover a niche that pays out dollars rather than cents per click and a site design that will generate a high click through rate. This where doing plenty of niche research is important.
I am currently a member of the AdSense Guild – a private membership site run by several high income earning Adsense publishers. The Adsense Guild is basically a community of Adsense publishers who help each other build high ranking content sites . The Guild provides tutorials, videos and a very active forum. The forum is really where I get the value from the membership. Lots of quality content in the posts to read through and your questions are always answered with 24 hours. If you are looking for a solid step by step plan to build several high earning Adsense sites then I recommend you take a look. The plan helped me rank this site for the competitive term “niche marketing“.
You can build a site to promote a product. These are know as product review sites. In the past they have been a very easy way to generate a passive online income. However, recently Google has decided it doesn’t like these kind of sites as they tend to lack quality content. While this has made it harder, it is still considered one of the best ways to make money online. The secret is to build a site that offers quality content on a particular niche while cross promoting a number of products
Clickbank is the largest affiliate market place to promote down-loadable digital products. It is a great place to research niches, study copy writing and see how how successful marketers make thousands of dollars selling information products. One very affordable product that taught me how to promote Clickbank products is Google Sniper.
Google Sniper will teach you how to find great affiliate offers, build a 4 to 6 page blog around a specific high converting keyword, pre-sell products and make commissions through Clickbank. It is a program I have had a lot of success with. I recommend you check it out. It has some great niche marketing examples that generate hundreds and thousands of affiliates commission dollars day in day out for smart and focused affiliate marketers.
Cost Per Action (or CPA), is an advertising system where a merchant only pays affiliates whenever a visitor to the website completes a particular action. This could include completing a survey, signing up for newsletter, downloading a discount coupon, ordering a free trail of a product or making a sale.
The advantage for the merchant is they only pay affiliates for a completed action rather than traffic. The advantage for the affiliate is the payouts are usually very good. Affiliates need to refer very qualified traffic to generate acquisitions so that they receive commissions. If you are a beginner to affiliate marketing I wouldn’t recommend that you take CPA niche marketing. You’ll need a very strong understand of Interne marketing to succeed.
You’ll see a lot of CPA in the beauty and health niche. Check out sites such as MarketHealth.com and ProgressiveHealth.com if you want to see some examples of CPA merchant sites.
You know have enough knowledge to take the next step and begin you niche marrketing adventure. That is what marketing online is – a valuable learning process with plenty of highs and lows. The longer you stick on the journey the more you learn and the more success you’ll have. Don’t get caught up in the hype out there. Have a clear plan, invest in your education and take action on things that will bring the best return on your investment or efforts.