Welcome to lesson one. We will first look at affiliate marketing. What is it, and how will you make money with affiliate marketing. We will go over what a niche is and how you can choose one, which is the “choose an interest ‘ part of our lesson.
Grab your notepad and find a quiet place to learn all about our first lesson.
What Will You Know By The End Of Lesson 1?
- What can you expect from affiliate marketing?
- What is affiliate marketing?
- How will you make money with affiliate marketing?
- How your website is the foundation to your business
- What is a niche?
- How to choose a niche
What Can You Expect From Affiliate Marketing?
So what can you expect when you start an online affiliate marketing business with a website? You can expect to put in some time and patience. Affiliate Marketing is not a quick money-making scheme. It is a real legit business you will own and maintain.
I don’t have an exact time frame when you will begin to make money. Some start making an income in 3 months, yet some don’t see any return on their work until 9 or 12 months. Most of it depends on how much time you have to invest in your new business.
An online business is built from scratch. It takes time to learn, let the world recognize you, and time for Google to see that you are a serious business person. Remember to be patient with yourself, be consistent, and reach out to me if you get stuck.
What Is Affiliate Maketing?
Affiliate Marketing is a 4 part system to create a lucrative business online.
- You, the affiliate marketer- promote products sold by someone else like Amazon, Walmart, ClickBank, or any company that sells digital or physical products. You are trading with the company, and you are free advertising for them. In return, you make a percentage commission. Example: You are interested in mattresses, so you put different mattresses on the internet, and link to the place that sells these mattresses (the affiliate program.)
- The customer or consumer- The consumer goes to the internet looking for mattresses and finds your affiliated linked promotion on your website. They click on one. It takes them to the site that sells the mattress, and they place an order.
- You make money– You make a percentage of 1%-75% for each sale according to the companies agreement. The link from your site they clicked on has a special way of telling the company that you get the commission from the sale.
- Everyone is happy -The customer is happy because you solved their problem. You are happy because you made money.
How Will You Make Money With Affiliate Marketing?
To make money with affiliate marketing is like a rinse and repeat situation. You learn the 4 steps to creating a business online and build up your website. When you do this, the search engines will recognize you, and you will get more traffic.
Making money is all about traffic. Traffic is the people who visit your website. The more who visit, the greater chances you will make a sale. When you sell a product, you make money.
We will get into how to drive traffic to your website in step #3.
How Your Website Is The Foundation Of Your Business?
Your website is the groundwork for your business. It is the foundation you will build your business around.
Since your website is a business, it is sort of like a storefront for your niche. Let’s compare a brick-and-mortar store to your website to get a clear understanding of your foundation.
If you opened a brick and motor store on the corner of a busy street, the building would be the foundation of your business. And everything in it would be a part of your foundation. If you opened a clothing store inside, you would have clothes and accessories. Inside of your store or to your site on the internet.
To advertise for a corner store, you will need to take out ads and maybe flyers and eventually word of mouth. To advertise your website, all you need is to learn how to make your site SEO friendly so Google will show it to people and your traffic to your new business will increase.
It would take thousands and thousands of dollars to start your little dream store on the corner. You may even need to take out a loan to start. It would also take many hours of hard work.
Affiliate marketing is a bit different than a brick-and-mortar store but also has many similarities. Affiliate Marketing requires some money but for different reasons, and there is no comparison to the huge loan you will need for a brick and mortar store.
- Brick and mortar will cost thousands and thousands where as Affiliate Marketing has minimal cost to start.
- Brick and mortar requires physical advertising where as affiliate marketing has free advertising through SEO or paid only if you choose
- Brick and mortar is a building you go to every day, where affiliate marketing is an at home business
- Both are legitimate businesses
- Both require time and effort
- Both will make money in time
- Both are the foundation to build your business
What Is A Niche?
A niche is what you will choose to market your business. It is what draws a particular or targeted group of people to your foundation, your website. It is the first layer on your foundation and what you will build the rest of your business around.
A niche can be something that already exists or something you create. It is something you are interested in, something you want to learn about, or something you have a passion for. A niche needs to be something you want to work with.
For example, if you started a corner-front hardware store but your love is in textile and clothing, you would lose interest and eventually close the doors. So to choose something that you have an interest in will keep your desire high.
Remember your website is your foundation, and your niche is the first layer. Within that niche, you will be doing some active work on your website such as:
- Telling others about it
- Writing things about it
- Finding products to promote to make money
- Helping people to solve their problem
How To Choose A Niche?
All niches can make money. But you must choose one that is of interest to you, which is less competitive so you can make money sooner rather than later.
So how do you choose a niche? There are some steps I have put together that will help you make a good choice. I am giving you some guidelines to choose a profitable niche that interests you, but I don’t want you to spend a lot of time choosing. If you get lost in this process, you could go down a rabbit hole that you may never get out of.
- Make a list to determine your interest
- How to use Jaaxy search and Google Trends
- Put it all together for the final decision
Make a list
Start by making a list of all the things that interest you, like hobbies or things you thought you might like to learn. If you can’t think of a single thing, then make a list of some things you see right now.
Once you have made your list, narrow it down to 5 that interest you the most, and we can proceed from here.
Now you have your five possible niches. It is time to check to see which one is trending and has good ratings on Jaaxy keyword research tool.
How To Use Jaaxy Search And Google Trends
Jaaxy is a keyword research tool to find out what words are good, non-competitive, and will money-making for your niche. If you are not familiar with Jaaxy, head over to my Jaaxy review to learn how it works, then come back here to learn how to search for your niche.
First, you will want to create a free account within Jaaxy so you can research your niche ideas.
Now it is time to look at each one of your 5 niche ideas. Place each one into the Jaaxy search to see if they pan out. I am going to use online dating as an example.
I put online dating into the Jaaxy search bar. The results I got were not good. The popularity or search volume (Avg) was high, but the competition (QSR) was also way too high. It would not be easy to rank for this niche.
But if you look to the right in the red oblong circle (in the image above), you will see suggestions. I clicked on Online Dating For Singles. The Avg of 338 is excellent, and the QSR of 51 is definitely below 100 (in the image below), so according to Jaaxy this is a good niche.
So these words look like a good niche choice. But the suggestions that you can talk to your readers about (in the image below) don’t look as good because the QSR and Avg are too high. So I scrolled down as I am going to ask you to do.
When I scrolled down I see some keywords (in the image below) that will rank well and make good subjects to talk to your readers about. So in the Jaaxy search, “Online Dating For Singles” Looks like a go.
Now let’s look at google trends to see if this phrase is trending. We don’t have to use the exact phrase because we are checking for trends for online dating, not keywords. So I compared “dating and relationships” with online “dating.”
“Dating and relationships” is the blue line, and “online dating” is red. We want the line of a trending niche to be at the 50% line or above. We can see that “online dating” is 50% to 100% for a 3 month period.
Put It All Together For The Final Decision
We have found that “online dating” has good search volume and is not highly competitive with a good trend over 3 months.
Now do this very same search with your 5 niche topics. Be sure to change up some of the words for Jaaxy until you find one with a good Avg and QSR, with a range below 100 for each. Get creative with your wording, but again, don’t spend too much time on this task. You can change your niche at any time. But of course, it is better to start your first website with confidence and excitement with a niche that you are interested in.
Do You Want The Opportunity To Expand Your Business And Move Faster?
If you are a beginner, you may want to learn more, get more help, and move faster. Click the button below to get started. You will find videos, the support of thousands, the ability to ask questions any time you like on a live chat board, and tools right at your fingertips to simplify the process. You will also find some of the most experienced affiliate marketers available to assist you when you need them. Not to mention you will continue to have my 1-on-1 support and me as your mentor on your road to success.
WOW! You have learned so much in this first lesson. You now have a good understanding of affiliate marketing and how you will make money. You also know that your website is the foundation of your business, and your niche is the first layer of your website.
When you have chosen a niche we are ready to move onto lesson #2, “Build A Website.”