11 Jun

[Step by Step Guide] How To Use ShareASale to Find a Niche That's Profitable

We’ve previously talked about how to use Amazon’s product category and ranking system to help you find a niche, but today we’re going to explore how to do that on ShareASale.

ShareASale is different from Amazon, in that it isn’t a B2C consumer marketplace.

Shoppers can’t go to the ShareASale website and make purchases.

In other words—it’s a site and a service set up exclusively for businesses and affiliates to work together.

It’s been around since 2000, and is the marketplace lots of trustworthy brands use to connect with affiliates wanting to help sell their products.

Brands like Wayfair, Shutterfly, Gymboree, ModCloth, Cricut, and Reebok all use ShareASale.

And while the company itself decides what rate of commission they’ll offer to affiliates who sell their products, the rates are often much higher than Amazon.

On Amazon, you have to sell 3,131 products or more each month just to get an 8.5% commission.

On ShareASale, most commissions fall in the 10% to 30% range, with some as high as 80%.

I’m an affiliate for Freshbooks via ShareASale, and can say that it’s a decent platform to use.

So today we’ll look at how to use this platform specifically to sort through product offerings to figure out what your next profitable niche should be.

 

 


What You’ll Learn

  • How to identify ShareASale’s most successful affiliate programs
  • How to uncover category-based products that sell well
  • What numbers to look at to make sure an affiliate product makes sense for your new site
  • How to find a new profitable niche you’d love to work on.

 

(P.S. If you’d like to download a free list of 101 expensive affiliate niches click here or the image below)

 


1. Understand Our Approach to Sorting Through ShareASale’s Offerings

Since ShareASale has considerably fewer products than Amazon, it isn’t as easy as taking the same top-down approach as we did when we were using Amazon to search for a cool new niche.

So what we’ll focus on instead is first finding a small handful of cool products that sell well and resonate with a niche area you’d personally like to work with.

Then, with those few vague areas in mind, we’ll search the rest of ShareASale to see if there are any other products that match up with the items on your original list to help you identify a profitable niche.

Note: Yes, you may only find a small number of products on ShareASale that match up well with a certain niche market. The idea is to get proof of profitability from this site and find a few products to start off with, so you can expand into other areas of niche profitability. 

 


2. Check Out the Top 100 For ShareASale’s Most Successful Products

After you go through the signup process and log in as an affiliate, hover over the “Merchants” menu item on the top of the screen and click on “Search for Merchants” to the left.

 

merchants

 

In the center area, you’ll see a section labeled “Popular.”

Under that, click on the “Top 100 Power Rank.” These are affiliate programs ShareASale’s labeled as the most successful 100 programs on their platform… so you know they’re selling… and selling well.

 

merchant search

 

Scroll through this list of 100 (it’ll be on two pages—50 programs per page), and note down any program names that jump out at you for niches you think would be interesting to work in.

(Because, as Jawad points out, it is possible to turn even hobby interests into successful niche sites.)

For example, I wrote down:

  • Shutterfly
  • Gymboree
  • Wayfair
  • ModCloth
  • Identity Guard
  • iTech Deals
  • Reebok
  • Shop.MLB.com
  • Viator
  • The Snore Reliever Company
  • Weebly
  • Freshbooks
  • Nest Bedding
  • The Color Run
  • NBAStore.com
  • RoseGal
  • WP Engine
  • Fresh Direct

From these 18, I can already start to see some patterns I could latch on to: sports fans, runners, online businesses, or some niche where women’s clothing would be relevant.

It’s good to note the themes you see coming up, but don’t get too attached to them yet.

For example, Viator is a really cool travel product, and there may be some wonderful travel-based commission programs on ShareASale outside of their top 100. I just don’t know yet.

Tweet this to your followers.

 


3. Search by Keyword Based on Trends & Cool Programs You’ve Already Found

Navigate back to the main search screen by clicking on “Keyword” at the top of the PowerRank list.

Then, type in a keyword that relates to something you’ve found by browsing through the PowerRank list.

Since I mentioned that I thought Viator was cool but I didn’t find anything else related to travel, I typed in “Travel.”

 

keyword

 

Once you type in your keyword, make sure you actually click on the “Search” button to the right.

Then navigate back over to the results tab to see what results you come up with.

 

travel results

 

Wow, over 33,000 products and almost 800 merchants just related to the word “travel.”

Now we’re really starting to uncover the true power of what ShareASale has to offer.

If I were to start a travel website, I could work as an affiliate for luggage, hotels, destinations (like Florida or India, just to name a couple), and tour booking sites.

But what if I’d gone the route of following the ModCloth and RoseGal trend and searched “millennial women” in my first try?

 

millenial women

 

With only two results and not much to really round out a niche with, I’d obviously have to either think of that trend from another angle (like “women’s fashion”) or leave that idea to pick up on another trend altogether.

 


4. Browse by Category to Uncover More Niche Affiliate Program Options

If you didn’t have the best luck searching by keyword.

Or if you just want to continue to round things out in a couple of your uncovered niches with new ideas, browse through ShareASale’s affiliate programs based on the broad categories they’ve already outlined.

Just click on the “Browse By Category” tab and click on the category you see that resonates most with your original list of items.

 

category

 

Travel aside, based on the other programs I noted down while I was searching through the top 100 list, I could check out these categories for more ideas:

  • Accessories (to go with those clothing websites I thought were a dud)
  • Art/Music/Photography (to go with Shutterfly)
  • Business
  • General Web Services
  • Home & Garden
  • Sports/Fitness

Tweet this to your followers.

 


5. Run Some Numbers To Make Sure The ShareASale Niche You’ve Uncovered is Worthwhile

Now it’s time for the not so fun part… which is running numbers.

While it’s awesome that ShareASale’s affiliate programs offer much higher commission rates (or some awesome flat fees), don’t get hung up on just that.

You need to also consider data points like return rates and how long the cookies last.

 

finding data

Find the commission offered and cookie duration under the “Commission Structure” and “Cookie” labels in the affiliate program listing. To see how often refunds are requested, click on the “Stats” tab and look at the “Reversal” percentage.

 

So even if a company offers a $100 commission fee each time you sell one of their products, if their cookies only last for 12 days, that may not actually be enough time for a potential customer to decide if that purchase is worthwhile for them.

Especially since we tend to take more time thinking about higher-priced purchases than we do thinking about buying a $13 book from Amazon.

Another red flag would be if 20% of the people who buy a product are returning it or asking for a refund within a seven-day time span.

It might be something you could stomach profit-wise as an affiliate, but if you market a product to your niche site fans that one in five people are not happy with?

It’s not going to bode well for your niche site or your fan base in general.

My personal rules of thumb would be to make sure the cookies last for a minimum of 30 days and that return rates are 5% or less.

 


6. Compile At Least Five Products That Meet Your Requirements

If you’re going by my rules of thumb, make sure the new niche you’ve uncovered has at least five ShareASale products that have cookies greater than 30 days,.

Return rates of less than 5%, and offer a commission you feel good about.

Ideally, it’d be higher than Amazon’s 8.5%, but that’s up to you.

When you have at least five solid products that sell well and that customers are happy with (the more the better, of course).

You can feel confident that you’ve found something with a recurring customer market that will be willing to read your site and make purchases based on your recommendations.

Tweet this to your followers.

 

(P.S. If you’d like to download a free list of 101 expensive affiliate niches click here or the image below)

 


Find a Niche You’ll Love Today

The truth of the matter is, finding a cool new niche to start working and making money in doesn’t take much time.

Even if you got super technical, used a spreadsheet to track different data pieces, and explored every possibility that piqued your interest on ShareASale, you could have a new, awesome niche (or two) within an hour.

In fact, finding a niche is the easy part.

It’s the work you’ve got to do after you determine your niche to lay a foundation to successfully grow your profits.

If that’s where you’re at, consider joining NicheHacks’ members-only area, where you get advanced reports on more niches than you could possibly imagine, checklists, cheat sheets, and tools and resources to help you grow your revenue quicker than you’d previously imagined.

 

CLICK HERE TO GET ACCESS TO 150+ NICHE REPORTS

The post [Step by Step Guide] How To Use ShareASale to Find a Niche That’s Profitable appeared first on NicheHacks.

Source: affiliate7

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15 May

How To Start A Niche Site For Less Than $32 [Updated]

Stop putting it off, will you?

You keep telling yourself that it just costs so much to start a niche site.

That you’re going to invest all this money and never make anything back.

But starting a niche site doesn’t have to break the bank.

In fact, you can start one for less than you’d spend on a meal in a restaurant. Heck, you can start one for less than a round of drinks with your friends.

In this article I’ve created my own niche site for less than $32 and I’m going to show how to start a niche site step-by-step, too.

 

 


What You’ll Learn

  • How To Start A Niche Site For Under $32
  • Where To Find The Best Logo For The Cheapest Price
  • The Truth About WordPress Premium Themes
  • Simple Ways To Market Your Site For Free

 

(P.S. If you’d like to download a free list of 1,781 profitable niches click here or the image below)

1781 niches [new]

 


The Site You’ll Be Following…

I’m going to take you through the step-by-step process of how I’ve started my site, One Day In .

In fact, I was going to wait to get it all online, but instead I’ve decided to use it to show you how to do it yourself.

I’m not a big believer in people that say, “You have to spend money to make money”, either.

So I’m going to try and do this as cheaply as possible, but to a level that I’m happy with. Because I have other things to spend my money on, like you probably do to.

 


Buying A Domain Name ($10.30)

I’m not going to preach to you about choosing your actual brand name. Because, well…that’s down to you and the niche research you’ve done (you have done research, right?).

Instead, let’s focus on buying a domain name and getting you a reserved space on the Internet…

 


Your Domain Doesn’t Need To Be Your Brand Name

When you’re starting a niche site you’re going to be forced to make some decisions out of necessity.

For example, my brand name is One Day In. But, all of the domains under that name are already reserved:

 

Screen Shot 2016-03-23 at 12.47.45

 

So I needed to choose a different option that still fits my brand, and I opted for this one: www.onedayguides.co.uk 

What I’m saying here is that you need to prepare to be flexible.

Because, unless you want to get into a big bidding match for other domains, be open to choosing a different domain name. It won’t kill you, I promise.

 


Where To Buy

For me, I use ZEN Internet from the UK. Because they’re based in my city, they have great support and I just like them (I’m in no way affiliated with them).

But I know Stuart recommends Name Cheap, so if you’re outside of the UK, I’d suggest going for them:

 

Screen Shot 2016-03-23 at 12.48.51

 

Okay, so, you’ve bought your domain, now it’s time to get it hosted…

 


Hosting ($5.72)

I also get my Linux Hosting through ZEN Internet.

Because, it’s only $5.72 a month. So if you’re UK based I’d highly recommend them.

But, after that, my first choice would be Host Gator.

They’ve got packages as low as $3.95 a month, and even for a mid-level plan you’re not going to go above $9:

 

Screen Shot 2016-03-23 at 12.59.02

 

If I go completely full disclosure, I get my hosting with the same company I get my domain from because I’m no good at getting everything to link up properly from different companies.

If you have the same issue, it might be worth looking at where you can get a package deal.

 


Logos ($15.75)

I’ve gone the really cliche route here and opted for a Fiverr designer to make me a logo.

But, you know what, I’ve always had great results from it, so why not?

If you’ve never used Fiverr, simply click this link and it’ll take you directly to the logo design page.

 

Screen Shot 2016-03-16 at 08.56.47

 

Now when most people say, “Oh, you should get a logo on Fiverr” they think it’s actually only going to cost you five bucks.

But, it’s probably not.

While there will normally be a five dollar option, there are little add-ons that will cost you more like:

  • Design revisions
  • Delivery times
  • Image resolutions
  • File types

I’ve looked across a lot of different designers, and the most you’ll really need to pay though is around the $15 mark, like I’ve paid here. In the end I went for this designer:

 

Screen Shot 2016-03-16 at 08.50.16

 

Because I’m a damn sucker for these sexy little badge logos. But, here are those add-ons I was talking about:

 

Screen Shot 2016-03-16 at 08.51.17

 

You’ll need to do a little shopping around to find a design that you like and fits your brand.

But, there are tonnes of different designers on there for you to look through.

And, let’s be honest, at the absolute worst you’re going to spend $20 in total to get it re made if you don’t like it.

Here’s my end product…

 

Screen Shot 2016-03-23 at 11.43.49

 


Theme (Free)

Wh…what? Did he just say free theme?

Yeah, I did. Because you don’t need to pay for a WordPress theme to get your site off the ground. You just don’t. It’s not necessary.

For example, when Jeff Goins launched his Coffee Snobber site in an attempt to make money from a hobby in just 48 hours, he used the standard WordPress theme to do it.

And when you’re looking at how to build a profitable niche site, you should too.

Right now, you don’t know what the future of your brand holds.

And, you’re probably not that good at coding a site and a theme, either. So why spend $60 on a theme right now?

There are tonnes of free themes in the WordPress database that you can download that look super professional but don’t break the bank.

Like this one I was able to use and put together in under 10 minutes…

 

Screen Shot 2016-03-16 at 10.05.35

 

If you’re adamant that you need a Premium theme, you can check out MyThemeShop where they have some free options of premium themes for you to work with.

But, if I’d recommend starting off like I’ve done above, and making a proper investment in a theme further down the line.

 


Mailing List (Free)

Recently I reviewed all of the big-players in Email Marketing for Matt Woodward and I found one epic thing:

You can start a mailing list for up to 2,000 people with MailChimp, and then when you’ve hit the 2000 limit, you can transfer the database for absolutely free to a different software.

That means you can start your mailing list now for absolutely nothing, then move to a software like Aweber for less than $20 a month when you’re ready to become a fully fledged business.

And, once you hit 2000, you’re already there.

Simply head over to MailChimp and sign up. And, the rest is so easy even your elderly grandmother could do it.

 


Marketing Channels & Outreach (Free)

Damn, your site itself is pretty much complete, right? You’ve got a:

  • Domain
  • Hosting package
  • Logo
  • Theme
  • Mailing List

All you need now is a way of getting it out there.

And, with these free tools, that’s going to be super easy.

Now I won’t teach you to suck eggs, you know you need to go and set up free social media profiles for your niche site, like this Facebook page:

 

Screen Shot 2016-03-23 at 13.13.57

 

After doing some research with CoSchedule, I’d only recommend using one channel for now.

Pick the one you feel represents your brand best, and run with it.

Because choosing one platform can give you a lot more traction than spreading yourself too thin:

 

Screen Shot 2016-03-23 at 13.19.22

 

You can find help on how to set up pages through these links:

 


Free Social Media Marketing Tools

For this I’d recommend you set up a Buffer account.

It allows you to schedule updates for your social media profiles days in advance, and can save you a tonne of time, even on the free version.

It’s also the go-to choice of Nichehacks’ Stuart Walker for his updates, so, it’s battle tested for you too:

 

Screen Shot 2016-03-23 at 13.21.13

 


Free SEO Tools

You don’t need to be an SEO Genius to master it for your site.

You just need to understand some of the basics that can help you get off the ground. Jawad wrote an awesome guide on this if you want to take a deeper look.

But, as far as free tools go, the Yoast SEO tool is the best you’re going to get.

It gives a lovely analysis of your on page, and tells you simply whether you’re going to need to improve or not:

 

 

Screen Shot 2016-03-23 at 13.51.14

 


There You Have It, Folks…

I’ve just shown you how to start a profitable niche website for less than $32.

That can’t be bad, can it?

You’ve learned how to buy a cheap domain.

Get yourself some hosting.

Get a working logo made for next to nothing.

Why a free theme really isn’t that bad to begin with.

How to set up a free mailing list.

And get traffic using free SEO and social media tools.

If you can get started for $32 there’s really no excuse for not having the budget.

It’s time for you to take action now.

 

CLICK HERE TO GET ACCESS TO 150+ NICHE REPORTS

The post How To Start A Niche Site For Less Than $32 [Updated] appeared first on NicheHacks.

Source: affiliate7

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06 Feb

How To Turn Your Hobby into a Profitable Online Business

Sounds like a dream, right?

After all, who’s going to pay you for collecting postal stamps or gardening or playing with your dogs or decorating party cakes?

Hobbies are for free time, you can’t make money from them.

At least that’s what most of us have been taught by the society and our parents.

Not because they don’t like our hobbies, but because they grew up in an era where getting a college degree, learning a skill and going to work every morning was the only way to make a living.

Turning a hobby into a full-time business was never an option simply because of the costs involved in setting up a business and, more importantly, the industrial age mindset.

And that’s precisely why we are so fortunate to live in the information age, the age of the internet. (See the guide to starting an epic blog)

We don’t have any of those problems. We don’t need millions to set up a business, and entrepreneurship is not the taboo it was a decade or two ago.

Just look at the increase in the number of self-employed people across all industries in the U.S. The internet is one of the major reasons why people have started their own companies.

 

chartoftheday_3920_the_industries_with_the_most_self_employed_workers_n

Source: Statista

Another research, published on Forbes, revealed that almost 53% of all small business in the U.S are home-based, with the majority using different online marketing methods to generate sales and leads.

We live in an era where the common man is much more empowered as compared to the previous decades.

So your hobbies don’t just have to be free time activities anymore.

You can create a fully functional online business, which generates multiple forms of income for you, based on your hobbies.

It has never been easier and there are hundreds and thousands of examples to prove that.

So how exactly do you turn a hobby into an online business?

While there are tons of ways to do it, I’ll focus on the fundamentals that are common in most online businesses. (Check out our guide to affiliate marketing with 50 examples to copy from)

So let’s get started.

 

(P.S. If you’d like to download a free list of 1,781 profitable niches click here or the image below)

1781 niches [new]

 


1. Evaluate Yourself and Your Passion Before Starting

Before investing your time, effort and money into a business idea, you should do a quick self-evaluation to see where you stand in terms of knowledge and expertise in your target industry.

How passionate are you about this hobby? Is it just a pass-time activity or something that you’ve really been involved in for some time?

We all dream of turning our hobbies into functional businesses because making money while doing something you love sounds much better than a business where your only motivation is money.

But will you get the same joy from your hobby when you turn it into a full-time business?

Will you be able to enjoy it even with deadlines and work pressures? Are you that passionate about it?

These are just some of the questions you should ask yourself before taking the first step. Having passion for something is great, but when you’re doing business you need to realistically evaluate all the factors.

Stuart has broken down this process really well in his eBook “Find Your Perfect Niche in 7 Steps”. He has mentioned several ways you can analyze your hobby and evaluate if its the right niche to choose.

 


2. Find Out if There’s a Market for Your Hobby

You want your hobby-turned-online-business to make money (lots of it). After all, that’s one of the main objectives of starting a business.

Look around and research if there’s commercial demand for your hobby. Are people buying products related to it, or purchasing training sessions and info products? Are there real world markets selling physical products?

 


Here are a few places you can start your research from:

 


Reddit

Reddit is one of the largest and among the most vibrant communities on the web.

It has threads and discussions about every topic imaginable.

Search your hobby on Reddit to see what of discussions are going on.

You’re likely to see discussions about different products, services, funny pictures etc.

 

redditlist1

 

You’ll be surprised to find so many enthusiastic discussion on your hobby.

It will get your creative juices flowing and give you ideas for your new business.

 

pet rat

 

You’ll even find some strange hobbies, like petting rats!

For example, when I searched “what is your hobby” here’s one of the threads I found

 

reddit2

 

So if your hobby is gardening, look for related discussions to get an idea of the market.

Other than Reddit, which is the most useful when it comes to research, you can visit Quora, LinkedIn groups, Google Communities and Facebook groups where you can research the depth of your idea and see what kind of businesses related to your hobby are flourishing.

 


Amazon

Amazon and Kindle Store are both great places to find out exactly how your hobby can be converted into a business. Search Amazon for products related to your niche, read customer reviews and get an idea about the market.

 

amazonpets

 

Similarly, you can look for the most popular eBooks on Kindle Store related to your hobby.

Amazon is particularly useful because of the detailed customer reviews on its products.

For someone researching new ideas and trying to figure out the product gaps in the market, this is a goldmine full of product insights.

 

 


3. Develop the Right Buyer Personas

Researching the business potential of your hobby is just one part of the equation.

You also need to determine the exact profile of your target buyers so that you can focus on their needs and create a product that gives them value. (See the guide to digital product creation)

This is why smart marketers create buyer personas.

Persona is a sample profile of your ideal buyer.

It lists down his needs, interests, demographic details, occupation, average income, spending trends and any other information that you can find.

Every aspect of your business should be focused on meeting the needs of this persona, since it represents the needs of your prospects.

Research shows that targeted personas make websites and marketing campaigns 2-5 times more effective.

 

buyer persona1

Source: Single Grain

A well-researched persona will also help you narrow down you’re your focus and come up with a targeted solution to the problems of your potential buyers.

You can use this template by HubSpot to develop your buyer persona.

 


4. Determine Your Business Model and Monetization Options

You’ve done your research and you’ve identified the needs of your target market.

Now you need to decide how you’ll fulfill that need – your business model.

Since we’re talking about online businesses, there are dozens of business models you can adopt. In fact, you can go for multiple monetization modes at the same time depending on your audience.

 


Here are a few ways different hobbyists are making money online:


Selling Physical Products Online

You’re passionate about your hobby and you know exactly the kind of products that can help you and other like-minded hobbyists enjoy your passion even more.

So why don’t you start selling those products yourself?

Using the strength and reach of your website or blog, you can build a thriving business selling physical products.

You don’t even have to worry about the hassles of manufacturing, packaging, shipping etc.

There are startups out there just to help people like you.

 

Example Case Study:

 

shopifycasestudy

Here’s a very detailed and step by step case study of how this guy converted his love for dogs into a profitable t-shirt selling business completely on autopilot.

 


Create Your Own Digital Info Product

Info products are selling like crazy these days. In the U.S alone, the total sales of eBooks is expected to reach $8 billion by the end of 2016

You’re knowledgeable about your hobby and you have lots of stuff to share with your readers. You can monetize this knowledge by creating eBooks, video tutorials, training programs and other forms of digital info products. This is a huge market with a rapidly growing customer base.

James published a detailed guide here on NicheHacks with all the information you need on creating a profitable digital product (even if you don’t have a huge mailing list)

 

Example Case Study:

 

dgs

 

Darren Rowse, the founder of ProBlogger, is one of the most respected name in the blogging industry. As a side project, Darren turned his passion for photography into a hugely successful online business, Digital Photography School. He makes more than 6 figures annually from this website selling eBooks, trainings, and all kinds of digital products. In fact, DGS is a great example of how you can create multiple businesses from your hobby.

 


Promote Amazon Products as an Affiliate

Is there anything more appealing than an affiliate marketing business running on autopilot? Anyone can become an affiliate marketer. But if you’re passionate and knowledgeable about your niche, your chances of success are a lot higher.

That’s why turning your hobby into an affiliate marketing business is a win-win. There are tons of highly actionable resources here on NicheHacks that’ll teach you everything about affiliate marketing.

 

Example Case Study:

 

amazon affiliate

 

This is one of the finest examples of turning your hobby into a strong brand and making money from it. 100DaysofRealFood is owned by Lisa Leake, and Amazon affiliate income is one of their primary sources of income from this site.

This started out mainly as an Amazon affiliate site, after they diversified their income sources by publishing eBooks and products of their own.

But it’s a great example for anyone looking to turn their hobby into a business.

There are many other business models you can consider as well, for example

  • Sell advertising space on your blog
  • Hold events and webinars
  • Add a buying/selling portal to your site
  • Become an author on Amazon Kindle Store

Or go for multiple monetization strategies like Digital Photography School. The possibilities are just endless.

 


5. Create In-depth Content About Your Niche

High quality, actionable and well-researched content is vital to the success of most online businesses.

But creating epic content is hard work, and most marketers struggle to do it consistently. And with increasing competition, creating content that gets noticed and drives results is going to become more difficult.

This Facebook post by Jon Morrow (BoostBlogTraffic) really hits the nails on its head.

 

content-marketing-challenges-jon-morrow-comment

 

But here’s your advantage.

When you turn a hobby into an online business, creating content is not just easy, it becomes a lot of fun. You can churn out post after post with epic content while others are grinding it out.

It’s a no-brainer really – start a blog and create epic content for your audience

When you become a trusted source of authentic and actionable advice, people will buy anything from you.

Research shows that high authority content drives more sales and generates more leads.

 

blogs1

Source: QuickSprout

 

Nerd Fitness, one of the world’s most popular fitness blogs, was started as a hobby. And it was the passion of its owner that allowed him to consistently create epic content and turn his hobby into a massive online business.

 

nerdfitness

 

Content marketing is all about giving value with useful and actionable information.

The more content you publish, the easier it will become to acquire leads and attract customers.

We have tons of resources on NicheHacks on content creation that you should definitely go through.

 


6. Build an Email List of Fellow Hobbyists

When you create content for your online business, you’ll start getting traffic from Google. To convert this traffic into leads and customers, you need to start building your email list from the first day.

Studies show that email marketing has the highest ROI among all the mainstream online marketing channels.

 

email

Source: Campaign Monitor

Is simple words, if you you’re not building an email list, you’re not building your online business.

And like always, there’s already some really useful content on building your email list here on NicheHacks

 

(P.S. If you’d like to download a free list of 1,781 profitable niches click here or the image below)

1781 niches [new]

 

 


Wrapping Up

Turning your hobby into a full-time online business is one of the best decisions you could make.

But it doesn’t come without consistent hard work. (See 31 lessons learned making $44,775.99 in affiliate commissions)

In this post I discussed some of the fundamentals of starting an online business, with different business models depending on your hobby.

Evaluate your passion research its market potential and start building your online assets. This will give you a solid foundation on which you can build a long term and sustainable online business.

 

The post How To Turn Your Hobby into a Profitable Online Business appeared first on NicheHacks.

Source: affiliate7

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04 Jan

The Tim Ferriss Hack to Become a Niche Expert in Four Weeks

Sometimes, I think we niche marketers all feel like total frauds at what we do.

Even in our day jobs that we’ve been doing for the last 10+ years… there’s just those days where we feel like our incompetence is going to be suddenly discovered and we’ll be yelled at and fired on the spot.

It’s a totally irrational fear, for sure, but that doesn’t stop it from haunting us and totally consuming us on our bad days.

But even when you feel smart enough to do your day job in your sleep, the fear of not being smart enough to be perceived as an “expert” in something else so you can quit that draining day job keeps you chained to your cubicle, month after month.

You could study more on the subject, sure.

I think we’ve all heard of the 10,000 hour rule in some shape or form. (You know, the one that says in order to become an expert in something, you’ve got to spend 10,000 hours doing it.)

But ten thousand hours?!?

That’s equal to 250 full-time (40-hour) work weeks.

Assuming you take only two weeks of vacation and sick time per year, that’s five years of work and studying something before you’re allowed to consider yourself an expert in something… at least according to Gladwell’s rule.

And just like that, we’ve struck a chord with the number one insecurity most would-be niche marketers face that often stops them in their tracks from working towards and achieving their dreams.

But if you’ve spent 10,000 hours working on the thing you want to start a niche site on, believe me, you’re in a very, very minuscule majority.

I don’t even think most books are written by people with 10,000 hours of experience in the fields they’re writing about.

(And here I am, “expert” enough to write about niche marketing on NicheHacks, and I doubt I’ve spent 10,000 hours growing niche blogs…though I do run my own niche website just to be clear)

The good thing is, you don’t need to spend 10,000 hours studying your topic so you can be a certified expert on it before you start a blog.

Can you imagine how few blogs would exist if that were the case?

What you do need to do, though, is cultivate just enough knowledge so you’re more educated on your subject than 80% of the people out there, but this is surprisingly easy.

(See more niche research posts here)

 


What You’ll Learn

  • The Advice Tim Ferris Gives to Become a Recognized Expert Within Four Weeks (And for $50 or less)
  • How to Know What You’re Talking About With Confidence
  • The Advantage Newbies Have Over Experts When Starting Niche Blogs

 

(P.S. If you’d like to download a free list of 1,781 profitable niches click here or the image below)

1781 niches [new]

 


Tim Ferriss’s Advice to Stop Feeling Like a Fraud & Start Writing Already

tim ferriss“Expert status can be created in less than four weeks if you understand basic credibility indicators,” said Tim Ferriss in the Four Hour Workweek.

Tweet this quote to your followers.

 

Basically, what he’s saying is if you want to be perceived as an expert by your target audience, all you need to do is set up a few things on your site to do that.

Here’s what he suggests to become a top expert in four weeks:

 


1. Make Yourself Sound Official So That People Think Of You As An Authority

“Join two or three related trade organizations with official-sounding names,” suggests Tim.

While you can certainly do this and it will give you more weight during in-person meetings, it’s not necessary for a niche site owner.

Instead, though, you do need to make sure you’re labeling yourself properly and with confidence.

Beyond giving your instant credibility, it’ll also help you take yourself and your website more seriously.

For example, I run a website on copywriting, and I label myself all across the internet as the Founder of Copy Power, LLC. And yes, I do add the LLC on the end of it.

Because yes, even though it’s “just a website,” I do have the solid business paperwork behind it, which instantly gives me more credibility

 

 

Of course, it might not mean I’m any good at copywriting (I am), but this step is all about establishing your baseline confidence in yourself… that you can do it.

Tweet this tip to your followers.

 

 


2. Read 3 Top-Selling Books in Your Niche And Instantly Become A Genius

“If you read and understand the three top-selling books on home-page design, you will know more about that topic than 80% of the readership,” Tim says.

This goes for any niche.

It might sound overly simplistic and too easy, but this is exactly what I did with my personal finance niche site, and it worked really well.

I read I Will Teach You to Be Rich by Ramit Sethi, The Money Book for the Young, Fabulous, and Broke by Suze Orman, and A Beginner’s Guide to Investing by IvyBytes. I sat down with a pen, a highlighter, and a book, and read through all three of them within two weeks.

After reading those books (that were basically written as simple introductions to the subject), I had so much more in-depth knowledge than the surface stuff I had before, and I was empowered to create useful, helpful content for the people who would visit my website.

And you know what? They loved it and never knew any different that I got my “expertise” from three books I bought on Amazon.

Tweet this tip to your followers.

 


3. Write a Guest Post for an Adjacent Niche Blog… Or Be a Guest on a Podcast & Boost Your Authority

Tim’s advice is to do a university seminar or write for a trade magazine… but since our stakes aren’t nearly as high as the one’s he’s setting up, guest posting and guest speaking on a podcast will work wonders.

Once you’ve labeled yourself well and have educated yourself enough to be able to create helpful content for people searching for information within your niche, you are ready to put yourself out there in a bigger way.

Writing a guest post for a niche that’s adjacent to yours and would share some of your same audience members is probably the best and easiest place to start.

Beyond giving you expert-level credibility by being published somewhere else besides your own site, guest posts (or spots as an interviewee on a podcast) also generates a fair amount of genuinely interested traffic back to your own site… so you’re killing two birds with one stone.

Tweet this tip to your followers.

 


4. Join Sites Journalists Use to Find Expert Quote Sources So You Can Quoted As An Expert

Sites like ProfNet and HARO are great sources journalists and top bloggers use to help them find experts in all kinds of fields.

On the flip side, though, are people who are signed up as sources in their given fields and who sift through inquiries to find ones to respond to that are relevant to their expertise.

As a founder of a niche-focused website, you carry weight in your field, and many writers would be happy to quote you if you take the time to reach out to them in response to the queries they post.

I signed up for HARO, and after responding to a small handful of queries, got featured in an article in TIME.

When that happened, my site was only around six months old, and all my expertise as a financial blogger came from reading those three books I mentioned in step 2 and general life experience. (See how easy this can be?)

Tweet this tip to your followers.

 


The Curse of Knowledge: A Newbie Niche Marketer’s Best Friend

But let’s say you get this far and are still feeling a little unsure about your lack of knowledge and starting a niche site.

I’m going to let you in on a little secret that actually works to your advantage as a newbie starting a niche site. And that’s The Curse of Knowledge.

 

wikipedia“The curse of knowledge is a cognitive bias that leads better-informed parties to find it extremely difficult to think about problems from the perspective of lesser-informed parties,” is how Wikipedia defines it.

 

According to this logic, I just might be the best person ever to start a WordPress troubleshooting blog.

Because dang, I can’t even begin to tell you how freaking frustrated I get when I get into one of WordPress’s help forums that promises to tell me how to do something only to find a ton of veteran developers telling me what to do in overly-complicated language, but not HOW TO DO IT OR WHAT I SHOULD FREAKING CLICK ON.

(Sorry, calming down now.)

You might be better at WordPress than I am, but I’m sure you’ve ran into this at least a few times for other topics, am I right?

Because think about it, if I figure out how to do something in WordPress that’s been bothering the heck out of me, don’t you think I’m going to write it in much easier-to-understand and easier-to-follow-along language than those experienced developers?

(Like, telling people WHERE they can find that hidden button they need to click on to activate something?)

You bet.

And the loads and loads of people out there like myself would love me for it.

Tweet this tip to your followers.

 

(P.S. If you’d like to download a free list of 1,781 profitable niches click here or the image below)

1781 niches [new]

 

 


How to Put All This Into Practice With Your Niche Site

So now we’ve settled it.

Your beginner or non-expert status is clearly an advantage for you when it comes to the actual writing that will go on your site. And by spending less than $50 and a couple of weeks reading, you can get all the knowledge and credibility factors behind your name that you need to be taken seriously by the vast majority of people who visitor your website.

You’ll be able to give the advice your target readers are looking for by simply teaching yourself things about your niche and then writing them out.

And best of all?

You won’t have to feel like a fraud anymore and you’ll be able to grow your niche site with confidence.

The post The Tim Ferriss Hack to Become a Niche Expert in Four Weeks appeared first on NicheHacks.

Source: affiliate7

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22 Dec

11 Reasons You’ll Continue To Fail at Niche Marketing in 2016 (and Beyond)

So we’re approaching the end of another year.

Time really is flying.

Exactly 1 year ago, I predicted here on NicheHacks that you (yes, YOU) will continue to fail at niche marketing in 2015 (just like 2014).

And guess what, I was absolutely right.

But here’s the bad news – 2016 is going to be no different.

Lots of new marketers will come and conquer new niches. They’ll take advantage from Stuart’s hard work, download his report on 1781 niches, take action and change their lives.

But you’ll continue to fail.

Don’t get me wrong, I have nothing personal against you. But I can’t give you a false sense of hope just because it makes you feel good.

I’m not a fortune teller.

But I can see where you’re going (Hint: nowhere!)

Here’s why 2016 is going to be another year of failure and frustration for you as a niche marketer (unless you do something about it).

(Learn how to create a review website here)

 


1. You Still Don’t Use Lead Magnets for List Building

I must admit – you have learned from your mistakes.

Last year, you were not collecting emails at all (not a good idea).

This year, though, you’re all pumped up about list building since you’ve realized you can’t build a profitable and sustainable niche marketing business without an email list.

But there’s a small problem.

Not many people would find the “Get Free Email Updates” offer on your blog convincing enough to join your email list.

Smart marketers use highly targeted, well researched and tempting lead magnets or email list bribes to lure visitors to join their list. They use entry and exit intent popups, welcome screen opt-in boxes, post specific content upgrades and many other forms of lead magnets to attract subscribers.

You, however, just can’t find the time to create a list magnet (lame excuse).

So don’t be surprised if your email list remains in double digits throughout 2016.

 

(P.S. If you’d like to download a free list of 101 expensive affiliate niches click here or the image below)

 


2. You Don’t Follow Routines for Success

One of the biggest myths about the internet lifestyle, which attracts lazy people looking for ways to avoid hard work, is that it frees you from routines, and demands no discipline or hard work.

I know this is one of the reasons why you gave niche marketing a shot.

I have bad news for you.

Most of the successful bloggers and online entrepreneurs follow set routines when it comes to work. In fact, they work harder than most people do in 9-5 jobs.

They have a strong work ethic and consider their work as serious business (not just a shortcut to party lifestyle).

They do take advantage of the flexibility that the internet lifestyle offers. But they realize very well that without developing consistent routines, they can’t achieve much.

For example, Buffer, a hugely successful startup, encourages online entrepreneurs to develop routines.

 

design-a-routine

Source: Buffer Blog

But I know this is all a bit too heartbreaking for you.

Because you only work when you feel inspired (no wonder you haven’t achieved much).

 

 

 

Aristotle“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” – Aristotle

Click Here to Tweet this!

 

 

 

 


3. You Have No Plans of Creating Your Own Product

You’re a niche marketer but you’re afraid to create your own product. You think creating your own product requires a huge mailing list, strong technical knowledge and LOTS of time.

And of course, you think everyone else already offers digital products so who’d buy from you?

James Johnson answered most of these questions (and some more) in his recent myth busting post about product creation for niche marketers.

Selz, a leading eCommerce app for selling digital products, conducted a detailed study on the different behaviors of aspiring entrepreneurs in Australia, the U.S. and the U.K. The study reveals some surprising stats. For example, just 11% of people use digital products to make money online. The rest are more interested in offering services and physical products.

 

selzstudy1Source: The Side Business Phenomenon

Clearly, the competition isn’t as stiff as you think.

Even if you have a small, but engaged, email list you can make money by selling digital products like eBooks, courses, training programs etc. It not only generates additional cash but also strengthens your brand image.

You don’t even need to be a technical expert to set up a digital product for sale on your blog. You can use tools like Selz and create attractive product widgets, fully integrated with mainstream payment processors (PayPal, Visa, Master Card etc.) and email marketing tools like MailChimp, AWeber and GetResponse.

Many others are already doing it.

 

tara1

 

But you’re happy just promoting other people’s products.

I don’t have a problem with this.

But just look at Stuart for inspiration. On top of his affiliate income, he has made more than $42,000 by selling his own products.

But I know you won’t listen.

 

 

 

jerry west“You can’t get much done in life if you only work on the days when you feel good.” – Jerry West

Click here to Tweet this!

 

 

 

 


4. Your Blog Has SEO Loopholes

You’re a smart marketer so you know SEO is important for your business.

But going into 2016, your blog till has several SEO loopholes. And unless you fix them, you’re inviting Google’s wrath.

I even created a complete SEO checklist for you to use every time you publish a piece of content.

But you’re taking it a bit too lightly.

SEO is a lot more than just keywords and title tags.

For example, your site still doesn’t support mobile visitors. You’re not using a responsive website design, which is really a crime from a user experience point of view. More than 50% of all Google searches originate from mobile devices but you’re still ignoring mobile visitors.

Then your site has performance issues and security loopholes. Your page load speed is too slow and you haven’t strengthened your site’s technical SEO.

Google is tightening the screw on low quality blogs that offer poor user experience. And your blog might not be too far away from a Google penalty.

 

 


5. You Rely Completely on Google for Traffic

Yea I know you can’t build a niche marketing business without consistent search engine traffic.

But you’re taking it a bit too far.

More than 80% of all your traffic comes from Google, the majority of which never returns to your site after the first time.

You have no other sustainable traffic sources since you haven’t diversified your traffic channels. Your social media profiles aren’t active, you hardly ever guest blog and your email list isn’t big enough to send you any traffic.

You’re building your online empire on rented land. As a result, you’re at the mercy of Google and just one algorithm update away from disaster.

 


6. You’re Always Looking for Free Tools and Solutions

Ah! This one’s my favorite.

A few days back Stuart shared this funny update on the NicheHacks Facebook Mastermind group.

 

freebies1

 

I know you’re one of them.

You’re looking for free stuff all the time, and not prepared to spend money on your business.

Ask any successful niche marketer and they’ll tell you that premium tools with proven success are worth every penny. That’s why smart marketers spend money on premium tools and make 100x more money than freebie hunters like you.

 

 

 

e3AkMVul_400x400“If you’re serious about building your marketing engine you need to invest in the right tools” – Ian Cleary (Razor Social)

Click here to Tweet this!

 

 

 

 


7. You’re Not Willing to Invest in Yourself

Have you ever seen a real world business consultant offer advice to conventional businesses with a physical presence for just $9.99?

Sound impossible, right? Those guys charge millions of dollars.

Then why do you find it so expensive when an online business consultant offers you his proven success strategy for just $7?

Does that make sense? Shouldn’t you be happy?

But no, you just want free advice because you’re not willing to invest in yourself. You don’t realize that, just like real world, you need certain skills to take your niche marketing business to the next level.

The people who’ve made money before you, have proven and tested methods that work every time. Those are genuine money making strategies.

Why do you expect them to tell you everything for free?

Grow up, and start valuing other people’s time. Invest in yourself by learning new skills and methods for success.

 

 


8. You Don’t Believe in Branding Your Niche Marketing Business

One of the secrets to successful niche marketing is careful and strong branding. Look at any leading niche site and you’d see the conscious effort they’ve put in to present a strong brand image.

A strong brand Image communicates trust, credibility, consistency and quality in every aspect of your business. When you focus on building a brand around your business, your blog visitors and customers are always sure about the value they’ll get from your content and your products.

And that is why Google loves brands as well.

 

brand1

Source: QuickSprout

 

You, unfortunately, haven’t focused on brand building at all. There’s nothing consistent about your blog, the products you promote and the content you create. Your brand signals are weak, and hardly anyone in your niche knows your blog by name.

 


9. You Don’t Spend Money on Marketing and Advertising

Effective content promotion and marketing is often the difference between successful and not so successful niche marketers. The top guys spend just 20% of their time creating content and 80% actually promoting it at the right places.

Just a couple of years back, you could just post an update on Facebook and, if it had the right ingredients, see it go viral. That’s how million dollar blogs like Viral Nova got their initial break.

But that doesn’t happen anymore.

Now you need to spend money on paid advertising channels to promote your content and products. Free marketing channels just don’t have that kind of reach any more.

That is why some of the top niche marketers strongly advocate using Facebook advertisements for content promotion.

But you’re still not ready to spend money on marketing. You think if your content is good enough, Google will promote you and people will find you themselves.

Keep dreaming.

 

 


10. You Still Write Thin, Short and Opinion Based Content

You know why no one ever shares your content? Because they don’t trust what you say. They don’t think you’re a liar, but they’re also not convinced you’re 100% right.

Why? Because your content is just your opinion. It’s not backed by research, it’s not deep enough and offers no proof of its credibility.

And it’s not just your readers who think like that. Google agrees with them. With every algorithm update, Google is tightening the screw on thin and low quality content.

 

serpiq

Source: SerpIQ

The average length of the top ranked content in search results is more than 2000 words. Which means that thorough, deep and authentic content ranks higher.

Google loves what its users, and your readers, love.

Readers love content that is actionable, detailed, authentic and answers their questions.

Writing opinion based posts with no actionable insights or credible data references used to work a few years back.

But not anymore.

 

 

 

gYTAct4i_400x400“Instead of asking ourselves “is this content thin?” we should be asking ourselves “does it answer the question?” – Stephen Kenwright (SEW)

Click here to Tweet this!

 

 

 

 


11. You’re Too Shy to Sell to Your Email List

You think sending too many emails to your list will offend them, right? You’re basically afraid of being labelled as a sales guy by your subscribers.

Well, I’ve got news for you.

You’re not running a charity. Niche marketing is a business, and every business needs sales.

I’m not asking you to send a dozen sales emails every day.

But once you’ve established your authority through high value content and freebies, there’s absolutely nothing wrong in sending 6,7 or even 10 promotional emails spread across.

Your subscribers know that you promote products.

They’ll be fine with promotional emails as long as you promote the right products.

Just look at Stuart email marketing strategy. He sends multiple sales emails on every product launch.

Your subscribers need that push.

If you keep shying away from it, you’ll continue to lose money making opportunities.

 

(P.S. If you’d like to download a free list of 101 expensive affiliate niches click here or the image below)

 


Are You Ready To Turn Things Around in 2016?

The purpose of this rant was not to demotivate or ridicule you – not at all!

But there are times when a straight forward and honest reality check helps you wake up from your slumber and take advantage of the opportunities that are on offer.

The only thing that is stopping you from becoming the next niche marketing sensation is your own mind.

Instead of running after experts and looking for that one secret strategy that’ll make you a millionaire, start acting on the knowledge that you already have.

The more you try, the more you fail and the more you learn, the closer to success you’ll get.

So get your act together and prove me wrong.

The post 11 Reasons You’ll Continue To Fail at Niche Marketing in 2016 (and Beyond) appeared first on NicheHacks.

Source: affiliate9

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08 Dec

How To Find And Dominate Profitable Niches in 6 Easy Steps [Infographic]

The money is in the problems…

Isn’t it true?

Finding a niche is easy but when it comes down to understanding your niche, inside and out, including what your audience needs, wants and desires, it can either break or make your online business.

It’s easy to get lost into the world wide web of information when you search for a profitable niche but fortunately for you, we’ve created this infographic for you to take advantage of so you can fully understand what your readers want from your online business.

 


Check it out:

 

Nichhacksfinished2

 


To Embed This Infographic to Your Website:

Highlight the text below and press CTRL+C (or right click +copy) then go to your website and paste it into where you want with CTRL+P (or right click and paste).

<img src=”http://nichehacks.com/wp-content/uploads/2015/12/Nichhacksfinished217.png” alt=”How To Find And Dominate Profitable Niches in 6 Easy Steps [Infographic] – An Infographic from NicheHacks” width=”100%” class=”infographic_embedder” /><p class=”infographic_attr”>Embedded from <a href=”http://nichehacks.com/infographic-niches/” target=”_blank”>NicheHacks</a></p>

 


Was that too easy? Maybe too effective to be useful?

This is it.

You’ve gone this far and you’ve consumed a very meaty infographic that has all you need to know about finding profitable niches (like this hugely profitable drone niche we’ve covered).

Maybe now you know how to enter that profitable niche you’ve been debating on using for many days or maybe even months.

There are no excuses now.

You’ve got what it takes and you’ve gone the extra mile by getting this far. There’s no turning back.

What are you going to do over the next 30 days for your online business?

Your action plan could look like this “I’ll find a persisting problem that my ideal visitor has, and I’ll solve it by… (products, services, content, affiliate programs etc.)”

What’s your plan?

 

The post How To Find And Dominate Profitable Niches in 6 Easy Steps [Infographic] appeared first on NicheHacks.

Source: affiliate7

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02 Dec

7 One Hour or Less Niche Site Upgrades to Increase Your Passive Income Overnight

I’m sure most of you remember October’s post where we published on case study on how NicheHacks community member Dom Wells took his site, LuxuryShaves.com from $50 per month to $1,000+ per month in passive income as an Amazon affiliate.

After he’d upped his traffic and rankings, he did a simple upgrade on his 10 most popular blog posts that did in fact skyrocket his passive income overnight. (The niche marketer’s dream come true.)

Talking with him and inspired by that success, I knew there had to be some other simple conversion hacks that would take an hour or less to implement per page.

So I did some research into what those profit-growing hacks are, and wanted to share what I found.

I mean, after all, you guys work hard enough on your niche sites, I think it’s only fair that you’re able to optimize them for what income you can get out of them.

 


What You’ll Learn

  • The $59 investment Dom made to earn $950 extra each month.
  • Where to place on-site ads for the greatest click through rates.
  • A simple upgrade for an email autoresponder series to maximize its profitability.
  • Two display hacks for your website that’ll have people contact you, asking if they can pay you money.
  • One display hack that sells more products without needing any more customers to sell them to.

 


1. Add a Call-Out Box to Show Readers What They Need to Buy

I’m starting with the trick Dom shared in his case study, because it’s just too good not to be number one.

The idea was to simply find his 10 blog posts that got the most traffic and add one large call-out box to each page that featured just one of the products he was talking about during the post.

By making the call to action so obvious and easy to follow, he got more clicks, and therefore made way more sales on Amazon.

 

This call to action appears near the top of the post, just a few paragraphs in.

This call to action appears near the top of one of Dom’s posts, just a few paragraphs in.

 

The tool he used, which made adding these call-out boxes so easy and quick was Thrive Content Builder.

To use on a single site for one year, the cost is $59. For multiple sites, $87. (prices at the time of publication)

Considering the kind of potential there is to increase your earnings like Dom did (1,800%!!!), even the $87 license seems like a no-brainer investment.

What’s more, the interface of Thrive Content Builder is pretty self-explanatory, and it’s a drag-and-drop feature, so any time you want to change something, you can click directly on that thing for options, without having to do annoying backend HTML while holding your breath and praying that it works.

So, even the most artistically challenged among us (me, 100%) can manage to make something that looks good in little time.

Beyond the product call-out CTAs, Thrive Content Builder also has other easy-to-add features that can help you optimize the profitability of your traffic like social proof, pop-ins, and countdowns. (And all will take you less than an hour to add to your page.)

 

Show your followers how they can monetize their most popular blog posts, too. Tweet this tip.

 

(P.S. If you’d like to download a free list of 101 expensive affiliate niches click here or the image below)

 


2. Adjust AdSense Placements For More Views (& More Clicks)

According to Google’s guidelines, you can have up to EIGHT AdSense sections on a single page.

(Not that I’d suggest getting spammy and adding all eight, but the point is, they give you lots to work with, so optimizing your passive AdSense earnings is possible, even if those earnings aren’t your main money-maker.)

Darren Rowse (the guy behind ProBlogger, a super popular niche site) got a hunch back in 2008 that he’d be able to increase his AdSense earnings if he just played around with the placement of his ads.

 

darrenrowse“I began to think about where on my page my readers would give their full attention and decided that at the top left hand side of the content area would probably be the most logical position for people to look at a web page (as that’s where they start reading),” said Darren.

 

This was before AdSense revealed their heat map, but once they did put it out, it confirmed his hypothesis that the upper left corner is in fact where most site visitors place most of their attention.

He decided to test out the new placement of his ads for a few days, since a few days’ worth of earnings lost wouldn’t be that big of a deal to him.

When he logged in to check his results, he saw that he had a 40% increase in AdSense-based earnings, just because he took the small amount of time required to move his ads around to ‘hotter’ areas on his site.

 

adsense heatmap

When I ran AdSense ads on my niche site, I put them in the bottom right side bar… clearly one of the worst places for them. Red areas are the best, followed by orange, followed by yellow, followed by white.

 

To change your AdSense placements, all you need to do is log into your AdSense account, grab the HTML code for the type of ad you want to insert, and paste it into the text editor of the place where you want it to go. (And if you’re deleting some old ads, then delete that HTML too, of course.)

It does take a little back end knowledge, but nothing even a newbie niche site owner can’t handle.

Bonus? If you don’t use AdSense, you can use this placement trick for Amazon affiliate ads or other types of ads, too.

 

Make your followers happy. Show them this tip so they can make the most out of their site layout, too. Tweet this tip.

 


3. Add an ‘Ad Space’ Advertisement in Your Sidebar for People to Purchase

Especially if you’ve got a fair amount of regular traffic on your site, letting a sponsor buy out a section of your side bar for a month at a time is an easy way increase your site’s income by at least a few hundred dollars per month, with less than an hour of work from you.

All you need to do?

Add a widget in your advertised space. If you want, you can include relevant traffic numbers about views and average click through rates, put the dimensions, and tell your visitors that they can buy the space from you.

Especially if it’s a good deal, it would make a great investment for someone in a relevant niche.

 

mums in jersey

Before they found a business to pay for advertising space in their header, Mums in Jersey put a clickable link there for interested business to click on.

 

Show off how easy an extra few hundred (or thousand) dollars per month can be. Tweet this tip.

 

 


4. Pepper Affiliate Links Throughout Your Email Autoresponders to Boost Income on Recommendations You’re Already Making

If you’ve got an email autoresponder series, you know that those things are no joke and that they take some serious time to plan out and set up.

It probably is getting some kind of ROI for you, but why not up its potential?

Take a look at the text of each of your emails that goes out, and figure out the highest-emotion parts of the message, and add one to two affiliate links to each message.

All you need is a hyperlink at the right places and interested readers will click through to see what it is you’re talking about.

If you’re feeling really ambitious, you can even choose a couple emails out of the series to add product-call outs. This is particularly helpful if the emails are instructional in nature and you’re suggesting resources that will help make the readers’ jobs easier.

The important thing is to add value here, not just random links to products. The more value you provide, the more successful you’ll be in selling.

 

Share this email-based passive income tip a lot of affiliate marketers miss out on. Tweet this tip.

 


5. Add a Consulting Tab For Easy Cash When Your Readers Want Direct Access to Your Expertise

This is a particular gold mine for those of you with business-related niches. (Or health-related niches, or personal development.)

The point is, if you serve a niche community that has a problem that they want solved now, you can start charging for your advice and people will pay you for it.

You might not get a million bites per day (or any in the first month), but if you’ve got a site that’s growing, having that consulting option is a great way for your readers who want to go deeper with you to do just that.

And when you do get a bite?

You can get paid $100/hour or more just to talk and give advice on the phone.

Or… you can get more specialized (and therefore increase your chances of sales) by offering services that are easy for you to create, yet easily customizable for the person on the other end.

Maybe you offer a one-month weight loss diet plan. Or a muscle-building workout plan to get your readers beach-ready and specialized towards their body type. Or a combination of both.

It doesn’t take much time to write out the copy for a simple landing page you can put in your navigation, and if things go well, that hour spent could pay off into the thousands on a monthly basis.

 

This health coach added a 1:1 Consulting tab for her readers who wanted more direct access to her expertise.

This health coach added a 1:1 Consulting tab for her readers who wanted more direct access to her expertise.

 

Tell your followers how is it is for them to offer their expertise at a high hourly rate. Tweet this tip.

 


6. Install & Activate an Up-Sell Plugin to Make More Affiliate Income Without Upping Traffic

I recently bought a set of dishes online as a wedding gift, and that site’s up-sell plugin offered to add a set of silverware for 25% off if I bought it with the dishes, and I thought it was such a good idea that I bought in. And I felt great about it, not cheated in the slightest.

And when you’re an affiliate marketer, particularly with Amazon, you can do the same thing.

As Dom mentioned in his case study, he noticed that a lot of the sales he was making on Amazon weren’t even items he was advertising on his site… and it was because Amazon does a wonderful job of up-selling and cross-selling people via offering discounted product bundles or suggesting similar products on their site.

Here, Amazon suggests titles similar to the book "Book Yourself Solid" in case that isn't exactly the title you're looking for.

Here, Amazon suggests titles similar to the book “Book Yourself Solid” in case that isn’t exactly the title you’re looking for.

 

In another strategy, if a shopper is looking at one item, Amazon will suggest an item that goes nicely along with it, hoping to boost sales.

 

But rather than depending on Amazon to do all the work for you, you can install a plugin like Amazon Related Products to do the up-selling and cross-selling directly from within your landing pages or blog posts.

It lets you insert a product you’re already featuring so it can display similar products for readers who might be interested in what you’re saying, but might not want the exact product you’ve decided to feature… helping you salvage the sale and the affiliate income.

Though the concept of Amazon Related products is super cool, it seems the developers haven’t touched it in two years… so if you do opt into it, just know there might be some bugs.

Other options that might work well – would you try them and let us know? – are UpsellAzon (paid, but with a 30-day money back guarantee) and Azon Upsell Ninja (same deal).

 

Share how site owners can increase their affiliate sales without worrying about increasing traffic. Tweet this tip.

 

 


7. Turn Already-Written Blog Posts Into a Profitable Ebook

If you’ve been blogging for a while, especially if you’ve been heavily focused on the quality of your content, chances are you’ve got series and series of posts that if strung together, would constitute a full-fledged ebook.

And even though all the information is already free on your site, new fans that haven’t read it all before are usually willing to pay a small convenience charge to have you present everything that’s relevant on a topic to them in an easy-to-read, downloadable format.

It’s so handy and such an easy and quick money maker, even Stuart does it with NicheHacks content.

 

Stuart Walker Referee“Some of my products are just various posts meshed together with a bit of additional content and a fancy design,” said Stuart. “Easy to do and people still love to buy them.”

 

Admittedly, depending on how organized your content is already, this may take a little over an hour.

But if you’re just copying and pasting your posts into a pre-made ebook template with some buffer transition material in between, there shouldn’t be any reason it would take you more than half a day to put it together and add it to your set of info products for sale.

For example, one of my favorite niche sites, Her Packing List, took a 30-day blog post series on learning how to pack lighter and smaller and made it into an ebook. (I actually remember reading these blog posts as they came out.)

To boost value even more, they’ve added bonus tips and checklists (which could have very well come from other blog posts outside of this 30-day series), and offer access to special discounts on travel products.

 

hpl ebook

They charge just under $25 for the ebook, and it’s something travelers frustrated with packing are more than willing to buy.

 

Show others how their writing can start making them a profit. Tweet this tip.

 

(P.S. If you’d like to download a free list of 101 expensive affiliate niches click here or the image below)

 


Make Quick, Profit-Turning on Your Niche Site

Of course, traffic is essential to any of these upgrades actually working, but if you’ve got a decent amount of traffic in place, there’s no reason why any of these quick upgrades wouldn’t increase your profits.

Have you ever tried any of the above tactics? How did they affect your site’s profits?

The post 7 One Hour or Less Niche Site Upgrades to Increase Your Passive Income Overnight appeared first on NicheHacks.

Source: affiliate9

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07 Aug

Private Label Products

In this post I provide an overview of private labeling, otherwise known as white labeling, and also provide some examples of how you can source products like this and sell them.

What is Private Labeling All About?

Simply put this is where you buy a product from a manufacturer/supplier (sometimes a trading company if dealing in China, but more on that later) and they allow you to take the product and stick your own label on it and market it as your very own brand.

Just so you all know I’ve been doing this for the past 12 months myself and having considerable success doing so. In more recent months I’ve been also getting into it via Amazon FBA too, which is a great market place to do this in.

Why I Like Private Labeling

The main reason I like this form of marketing is because it allows you to have your very own product/brand to sell, and this opens up lots of opportunities.

You can start simple and sell on Amazon or via your own online shop, and if it goes well you will find that other people will want to sell YOUR brand, such as affiliates or retailers also, I have had both. When you have your own product to promote there are many marketing avenues that open up.

How to Source Products

There are a number of ways to source products that you can private/white label. If you live in the USA the easiest way is to simply do some Google searches for a particular product you’re looking for with the words “private label” or “wholesale” etc… added on. You can do this in other countries also, but you’ll find the USA has the most by a long shot.

You can also source products from overseas, such as China, and the easiest way to do this and something I’ve been doing for years now is using Alibaba.com. If you take this path here’s a tip I’ve learned from doing this, try and contact companies that are manufacturers of products and not just trading companies in China, as you’ll get the best price that way. However keep in mind by doing this they do expect you to purchase a decent amount to make it worth their time in starting production of your product.

Here’s another tip I’ve learned, the hard way, if you source from overseas I recommend going for light and small products that will be cheap to air freight out of China, as sea freight is a lot slower, so best to test things fast with air freight and then move to sea shipping later.

How to Get Branding Done

Once you have a product that you can market as your very own brand, you need to get some art work done for your brand, logo and package design etc… This is not hard to do, just ask the supplier for the dimensions of the packaging and head over to an outsourcing site like www.elance.com and get a design made.

A lot private label suppliers will be set up to print your design onto the product and packaging for you, so all you have to do is send them the artwork. The Chinese nearly always are set up to do this, but they might have a minimum order of 1000 to do it.

Promoting Your Product

Once you’re set up and ready to sell, there are a number of ways you can market your product. Amazon is a popular way, but for now I will not go into detail about this as friends of mine have a course that teaches this and they are bringing it out again in about 6 weeks, so I’ll tell you more about Amazon selling then and how I will can help (stay tuned…its very exciting what I have planned)….

You can also just set up a simple ecommerce store, using something like BigCommerce.com, which makes life super easy for getting a professional store online, and then set up an Adwords and Bing Ads accounts and send paid traffic to your store.

I saw a site doing exactly this formula not long ago, I could tell this store was importing a particular sports good from China, sticking their own label on it, they used BigCommerce, turned on Adwords, and off they went!

The advantages you have when importing like this is, you have larger profit margins so you can afford to spend more on clicks in Adwords than a typical Ecommerce store that is sourcing locally.

Working Out Profit Margin

One simple thing that I notice confuses people when I talk to them about this stuff is calculating profit margin. Profit margin is a percentage, it is not a figure. So when someone asks what the profit margin is, you don’t say $6, but instead would say 23% or whatever it is.

Here’s a simple example:

TOTAL COST – $5
SELL PRICE – $15
PROFIT PER SALE – $10

PROFIT MARGIN = PROFIT PER SALE/SELL PRICE (10/15) = 66%

66% is a pretty high margin to work with, most product based businesses aim for 10-30%. If you’re importing though you really should be able to hit the higher end of that.

Anyway folks, I hope this blog post inspired some ideas, and as I mentioned earlier I’ll be blogging more about this stuff from now on as I’m right into it, and there is a great course on Amazon private labeling coming out next month which I will be discussing more about too. So if this is something you think might interest you then follow along with my journey.

 

Private Label Products is a post from: Internet Marketing Secrets, Affiliate Marketing Blog, Affiliate Internet Marketing

Source: affilate5

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