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Affiliate Marketing - How to Choose a Niche Product to Promote
One decision beginning affiliate marketers need to make is what products they are going to promote. While choosing an affiliate product to promote seems easy enough in thought, choosing one that will be successful depends on many factors. Here are three suggestions to choosing an affiliate product to promote:
Choose an affiliate product with little competition
Many affiliate marketers when starting out will begin by choosing popular products. The main problem with choosing a popular affiliate product to promote is that there are many other affiliate marketers also promoting the same product. The effect of having so many affiliate marketers promoting the same product is more difficulty in getting your website ranked in the search engines unless you work hard at search engine optimization. In addition, an high number of affiliates promoting the same products also can mean higher costs if you are using ppc search engine advertising and unless you are ready to pay a significant amount per click on your ad or know you are going to get a phenomenal conversion rate, this higher cost could put your affiliate marketing attempts in the negative. In order to get an idea of the competition for a particular product, simple search for the product in a search engine and a keyword or two that you might advertise under. The lower the number of pages returned, or the fewer advertisers usually has low competition. By the way, this is also a good way to choose keywords for your product.
Choose an affiliate product that you know about
One aspect of buying a product I find important is buying from someone who is knowledgeable about the product they are selling. I don't want to buy from someone who can only tell me the product features based on what the product vendor says, I prefer to buy from someone who has actually done research on the product or, better yet, from someone who has actually used the product themselves. If you have actually done the research or have used the product, you know the benefits and the product issues and can better promote the product. Honestly, there is nothing worse than going to a landing page that can only restate the information on the vendor site.
Choose an affiliate product with high consumer appeal
When you choose a niche product, one thing you want to make sure of is that
it has high consumer appeal. In fact, you want to balance consumer appeal with
affiliate competition. Ideally, you want to find a product with high consumer
appeal, but very little competition. This was how I chose two of my most successful
products this year. Unfortunately, competition went up while consumer appeal
remained about the same after a couple of highly successful months promoting
these products. Find a good balance by looking at how many affiliates are advertising
in the search engines and then use a keyword search tool like yahoo offers to
see how many searches are done for a particular keyword you might use for your
product. Any keyword that has well over 5000 searches in a month has a decent
consumer appeal. The higher the number of searches, and the lower the number
of advertisers or pages returned in the search engine will give you a good idea
as to the consumer appeal to competition ratio.
While I won't say these methods are perfect, they have yielded me some very good results in the past year. With the other techniques I use to promote my websites, they have enhanced my affiliate marketing business so that I remain profitable, although still looking for that ever elusive key to making enough money to quit my day job.
For more articles on affiliate marketing tips and resources, go to AffiliateMarketing101.net
The author of this article runs AffiliateMarketing101.net and AffiliateMarketingGuides.com, an affiliate marketing guides review site.