Monday, September 29, 2008

Research in order to survive

One of the most significant steps to be a successful entrepreneur in affiliate marketing is to select profitable niche affiliate products. In this ever competitive world of affiliate marketing, you must research your product in order to survive.

When you are researching a product - here are some points to consider.

1. What is selling?
  • A great idea of product does not mean it will make YOU money
  • If you are a beginner it's suggested that you choose something that is already working for others.
    • A. Proves a market exists
    • B. People are making money

2. Who's selling it?
  • An over competitive market requires more work and time for success
  • An over competitive market can be attacked quicker but generally at lower volume and/or profit
  • If you are going to go after an over competitive market, it's recommended to not choose THE most popular.

3. How it sells?
  • Pay-per-click
  • SEO (website/blog/other)

4. Read articles, news, review information and blogs. All you have to do is to do your own research by reading articles from articles directories, news from Google, Yahoo and MSN group, review information and blogs. With this action, you will discover what the market is and what people are talking about or what their concern is. This information will lead you to discover niche products to sell online.

5. Keyword research: Effective keyword research will lead you to discover profitable markets and products to sell online.

6. Exchange the ideas among affiliate marketing entrepreneurs. This approach is one of the most effective and easy ways to find out the niche products to sell on the internet.

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