Pick a market where there is lots of competition. Competition means there is money to be made in that niche.
Choose it based on the level of pain the customer is has. The more urgent the pain the faster they want to resolve it.
You don't need to be an expert. Stop thinking you have to be an expert to teach people how to get a desired result.
Watch the movie "Catch Me If You Can." This shows that you don't need to be an expert.
All you need to be is one chapter ahead of your customer.
Use the L.D.T. Method which is Learn, Do, Teach. Learn something then do what you've learned and teach it to others.
Ways to research:
- If there is a magazine for a market then it's a good one to get into.
- Amazon Best Sellers is another way to research what's trending.
- Use Google Trends to also catch a trending wave.
The BIG 3 markets are:
Health:
Fitness, Nutrition, Mental Health, Sleep, Weight Loss, Disease Prevention
Wealth:
Investing, Personal Finance, Entrepreneurship, Real Estate, E-commerce
Relationships:
Dating, Marriage, Parenting, Divorce, Friendship, Social Skills
You can then carve out your own niche within the submarkets. For instance with fitness you could branch off into:
- Weightlifting/bodybuilding
- Cardio/endurance training
- Yoga/Pilates
- CrossFit/high-intensity interval training (HIIT)
- Sports-specific training (e.g. basketball, soccer, tennis)
- Outdoor fitness (e.g. hiking, trail running)
- Dance fitness (e.g. Zumba, hip-hop dance)
- Senior fitness
- Fitness for special populations (e.g. prenatal/postnatal, disabilities)
- Bodyweight training/calisthenics
Affiliate marketing is a model that allows you to only have to send traffic to the offer.
You don't have to be a creator, guru, or the salesperson.
Here are some of the affiliate networks you can promote:
- http://www.maxbounty.com
- http://www.cj.com
- http://www.jvzoo.com
- https://rakutenmarketing.com/affiliate
- http://www.peerfly.com
- http://www.markethealth.com
But KING of them all is......
CLICKBANK!
First thing you need is to sign-up
After that log-in
Click on the Marketplace
Leave the search box empty (or search for a popular product) and hit ENTER
Now remember the BIG 3 markets? Choose one like HEALTH
You should aim for a Gravity of 30 and above
You also want an average dollar amount above $50
$50/day is $350/week which is $1500/month
So if you chose a product that pays you $91.50, and you sold 2 of those per day, that's your 1st system that gets you $183!
Majority of Network Marketers don't ever make half of that
And that's just one $50 product in the entire affiliate marketing space
Guess what the best part of all the above? You never have to bother your friends and family
Your only job is to send traffic to the offer!
Now you further your research and look over the “Affiliate Page”
They will have all the promotional material you need to start earning commissions
Once you feel good about an offer go back to Clickbank
Click the “Promote” button
This is where you get your affiliate link and I highly recommend to add a Tracking ID
The Tracking ID allows you to see where the clicks are coming from and eventually the income.
For example if you decide to promote using YouTube, put YT in the Tracking ID area and then click “Create Hotlink”
This is the link you’d use to send traffic to the offer.
This link is unique in that it’s the only link in the world like it assigned to you.
**NOTE** If you want to stand out I suggest you buy the product and go thru it. Make sure it is up to your standards before you promote it.
Once you have a niche and a product to solve a problem within that niche, now it's time to bring in the customers. TRAFFIC!
Traffic can be generated from SEO, Paid Advertising, Podcasts, YouTube Channel, or TikTok.
I've given a brief overview of the system I use to start making that $183/day we talked about in the beginning.
If you want to learn how to generate the traffic here's how I do that: