Choosing quality products is an important factor for every affiliate campaign, because you want to make sure that you are setting up campaigns around products that are likely to convert. What this means is that you need to spend time carefully researching and evaluating any and all products in order to create your “affiliate swipe file”.
When it comes to choosing a niche, there are two methods that will help you get started:
1) Choose a niche that is likely to be around and consistent
2) Identify demand and profitability based on existing competition
Take notes of possible products and niche markets that look interesting to you. Then, search for related forums, groups and blogs to determine what people are looking for, how big the market is and what is current demand. Then, investigate keywords to determine how much competition is in the marketplace as well as how many searches take place each month for specific keyword phrases relating to each niche market.
If you plan to promote digital products, the best place to start looking for quality products is through ClickBank, available at http://www.Clickbank.com. ClickBank is the largest online marketplace for digital products, and you’ll be able to quickly pinpoint hot sellers by browsing through their many categories. ClickBank.com offers detailed statistics and information regarding each specific product making it even easier to quickly evaluate the profitability of potential campaigns.
Here is what this means:
$sale: The amount of money you earn for each sale.
Future $: Average rebill revenue.
Total $sale: Average total $ per sale, including all rebills.
%sale: The percentage of the product sale price that the sale represents.
%refd: Fraction of publisher’s total sales that are referred by affiliates.
grav: The measure of how many affiliates are promoting the product.
The Gravity indicator will tell you how well a product is selling. So a gravity score of 100 means a product is potentially selling better than one with a gravity score of 20.
When it comes to gravity assigned to any specific product, a gravity of 70 or higher is usually a good sign that the product is still in demand, and being actively promoted by other affiliates.
To take things a bit further, you can use free services such as www.CBTrends.com or www.CBEngine.com to further evaluate each product, in terms of performance, demand, and the number of affiliate marketer’s that are promoting it (which is always a good indication of how profitable the market is).
There are many other affiliate networks and marketplaces worth exploring, with many offering a combination of both digital and physical products, one of note as a matter of fact is by the owner of this blog – http://www.affiliateventuregroup.com
This is a guest post by Samrath Gupta. Samrath is a young entrepreneur based out of India specializing in Affiliate Marketing and blogging.Though new to the space – he is very quickly making a name for himself in the blogosphere.
Trackbacks and pingbacks
No trackback or pingback available for this article.