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How To Pick The Right Affiliate Niche And Enjoy Your Retirement Years

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Affiliate marketing
Affiliate marketing – the perfect retirement business

After retirement, your income is likely to become limited. This is what happens to most people.

But things don’t have to be this way. You can live a carefree retirement and continue enjoying the lifestyle you like so much.

How’s that possible? Glad you asked.

Ever Heard Of Affiliate Marketing?

It is one of the best ways to earn passive income. For the record, in affiliate marketing, you make money by promoting somebody else’s products or services.

The best thing about affiliate marketing is that you don’t need any capital to become an affiliate. All that is required is a laptop or desktop PC and stable internet connection.

Of course, you’ll have to spend time and effort initially to understanding the basics of affiliate marketing, set up your online business, and create a strong online presence.

However, once you’ve made an impact, you can earn money without lifting a finger.

During the initial phase, you can decide when to work and how much to work. You can work during weekends or put in an hour or two daily–whatever works best for you.

Sounds inviting? It sure is.

But remember that choosing the right business niche is the key to success in affiliate marketing.

If you make a mistake here, you may have to work doubly hard to get good results. This brings us to the all-important question:

How To Pick The Right Affiliate Business Niche?

Well, for starters, you need to choose something you love and are passionate about.  

To be a successful affiliate marketer, you will need to address the pain areas of your audience. This you can do with success only if you are passionate and knowledgeable about your business niche.

What else?

You should also ensure the selected business niche is reasonably profitable.

After all, you are entering affiliate marketing to make money. If there’s not much demand for the product you’re selling, you aren’t going to earn much dough, even if you know all there’s to know about this niche.

So you may ask, “How can I decide if the business niche I’m passionate about has a strong demand?”

You can ascertain the profitability of a business niche using a keyword research tool. There are many such tools that you can find if you do a Google search. Feel free to use the one that catches your fancy.

The idea here is to check the number of searches your niche gets in a month. If the average monthly searches are more than 1500, you are good to go.

If not, look if a variation of your primary keyword that has an adequate number of monthly searches.

Here’s An Example

Let’s say, your selected niche is Windows 10 registry cleaner software. (Remember, be as specific as you can with your niche; don’t pick a broad category, like Windows performance optimization tool, considering you are a beginner)

Now, open your keyword research tool, type in your main keyword and press Enter.

The research tool will show average monthly searches for your primary keyword and its variants.

If your selected niche, Windows 10 registry cleaner software, has fewer than 1500 monthly searches, but its variants, like Windows 10 registry update tool or Windows 10 registry planner, have a substantial demand, you can choose any one of them.

This is just one of many tips you will need to successfully run an affiliate marketing website. For you to understand the nature of this business better and provide more tips, Hosting Tribunal, a website that operates in one of the most competitive affiliate marketing niches (website hosting reviews), curated the graphic below with stats and facts related to affiliate marketing.

Infographic URL:https://hostingtribunal.com/blog/affiliate-marketing/

pick the right affiliate niche
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Joy
 

I left it too late to plan for a financially secure retirement. Don't make my mistake. Start building an extra income with a part-time (or full-time) business online. Think you don't have time? Can't afford the start-up cost? Can't meet sales targets? Contact me for free advice (no obligation) on the best fit for your circumstances.

  • Hi Joy!

    Great article, I wish more beginners really would focus on building up a solid, sustainable affiliate marketing strategy instead of focusing on things like Google Adsense, which still in 2019 people think is the end-all-be-all of making money online.

    It’s far more profitable, more scalable, and you can set up systems to work together to boost earnings from the same visitors. Done right, you really don’t need that many visitors to make a good amount from your site.

    As you rightly point out, niche selection is extremely important with this, and I’m glad that you pointed out that passion alone won’t do it – it has to be profitable! Sadly, this isn’t always the case and those instructing people to simply follow their passion and hope the money will follow, is not being completely truthful with their audiences.

    Wonderful infographic by the way, thanks for including that!

    – James McAllister

    • Joy says:

      Hi James,

      I’m glad you agree about affiliate marketing. In very early days online I spent an enormous amount of time and money “following my passion” and developing an ebook, website and blog on a topic I was really passionate about – THEN, too late, I learned about affiliate marketing, and I really wish I had just focused on promoting one of the excellent products that had already been prepared by people far more experienced than I was in developing websites etc.

      My experiences with Adsense were not good because I managed to get my account closed (with money owed to me) and I never found out what I had done wrong. Besides – why would I want to take people AWAY from my site to someone else’s?

      Glad you like the infographic! It came to me from a regular contributor, Josh Wardini.

      Joy Healey – Blogging After Dark

  • Keshav says:

    hey joy,
    thank you so much for your all valuable information. it help me to select a best niche for affiliate. nice informative post.

  • cris says:

    The affiliate marketing program provides an easy way to create additional sources of income. You just need a laptop and an internet connection to do it. This is a great post for everybody especially newcomer who wants to join the affiliate marketing industry. And you display your message through infographics very well.

  • Hello there,
    That’s a great post.
    It will be very helpful to those who want to achieve success in digital marketing.

  • Hello Joy,

    Firstly, thank for your sharing article. I have read this blog. Here has explained of right Afflicted niche recharge. Wow, it’s very helpful for beginner affiliate marketers. We know Affiliate marketing is the most popular way to make money online. Here has the excellent title of “Ever Heard Of Affiliate Marketing” The blog will help you with all types of Affiliated Marketing information. So, you can read this content. Then you start your next Affiliate marketing Niche? Now, I’ll share this post on social media. Thanks, and I’m waiting for your next tips:)

    Thanks
    -Isaac

  • Paul says:

    Hello Joy

    How are you? Affiliate marketing is one of the best way to boost monetization in a blog. Have you notice some ads in my blog? It offers a good benefits being an affiliate marketer. You can earn commission with every earning that your referral do. I think you should add it on your blog too.

    • Joy says:

      Thanks Paul, I already use affiliate marketing but try not to overdo the number of ads in my articles or I think it gets confusing and takes people away from my blog – but glad it is working for you.

      Joy Healey – Blogging After Dark

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