Amazon Affiliate Success Part 1: Your Niche
Starting any type of online business represents a leap of faith for many people and affiliate marketing is no different. Normally, this is NOT because it looks like something that is particularly difficult to do or understand, but because it is something that apparently looks so easy that it seems impossible to not succeed at first glance.
But the truth is that the affiliate marketing business model is not only a way of turning a profit, but you can actually make a good living from it if you put in the work (the same as in any business venture). Many novice marketers can become put off by the time that it takes for them to drive traffic to their affiliate offers and to see their first few conversions. This often results in them convincing themselves that low profit volumes are all there are for affiliate marketers, yet many others have moderate success and keep their affiliate activity going.
The good news is that you can easily go from moderate to pro by leveraging the pulling power of an online behemoth, namely Amazon! By introducing the Amazon Associates program into your affiliate marketing efforts and by applying certain strategies anyone can become a very successful affiliate marketer in a relatively short space of time.
One of the attractions of affiliate marketing is that you can get started immediately; you don’t need to spend time or money creating your own products. Just find products that you can promote as an affiliate and direct people to these offers using your affiliate link so that you can get paid if/when they buy, and by leveraging the Amazon marketplace, you have a huge potential market to target!
So, where do you begin? Well the first thing you need to determine is the niche you are going to be targeting and serving and that is what we will be covering in the rest of this article.
Defining A Specific Yet Broad Niche
What is the first thing that crosses your mind when you realize that you need to buy something? Let’s elaborate by revisiting a real-world scenario as our example, so let’s say that your 5 year old niece is coming home for a holiday and that you need to get her a gift.
What do you do about that? You go to the toy store downtown, or to the closest one to your house. Or perhaps you go to the one that you know would offer you the best prices, or to the one where the staff knows you and are willing to give you the best, most honest advice about what to gift to your little niece.
There are two takeaways to pay attention to in this particular scenario:
- You already know that you need to go to the toy store because that’s where they sell what you are looking for, preferably the one you are already familiar with
- You are also aware that you will need a little help with your purchase, even when you are already in purchase mode
The same thing happens when you decide that you want to purchase a new car, or a new kitchen, or the newest high definition TV. You need a little help from an informed sales representative to make an informed purchase that you are not likely to regret later.
That is the exact same process of the affiliate marketer, who builds a website which serves as an informed middleman for people looking for information about products that they want to buy. When the affiliate website successfully talks people into buying a product through its content, it earns the affiliate money.
And just like an electronics store would only sell electronics and hire someone who knows how to talk and sell electronics, an affiliate website needs to focus on a specific niche. An affiliate website promoting video games and bathtubs would look as bad as an electronics store selling novelty items.
The idea behind creating an affiliate website is, like we said, to talk people into buying products through affiliate links, but that doesn’t mean that you have to populate your affiliate website with all kinds of affiliate links spread throughout random content in the hopes that people will click through by chance.
The truth is that this strategy is doomed from the beginning because websites that talk about everything are exhausting to navigate. The best approach is to simply pick a product niche that you either like or have no problem writing about and then go from there.
Remember that you have to act as middleman between a buyer and the amazon marketplace, and as such you will need to make their purchasing decisions easier, so liking or knowing the products that you promote on your affiliate website will make it easier for you to recommend the products.
Once you have picked up a niche, go to Amazon.com and search for products in that niche that meet the following criteria: products that are low priced but that sell like hot cakes, and high priced items that are popular even when they don’t sell as much as lower priced products.
This is because you have to promote products that sell well enough as to leave you with a healthy amount of revenue at the end of the month. Try not to narrow down your offers too much because you will end up slowing down your profits.
To give you an example, let’s say that you decided to promote trendy, entertainment based electronics. In that case, you will have to promote products that are lower priced but sell constantly such as newly released video games and higher priced equipment such as thousand-dollar TV sets.
Yet if you decide to promote rare collector stuff only, you’ll be narrowing down your niche too much, so don’t do it unless you dedicate a separate section for that stuff on your website, or if you have an affiliate website that makes you enough money as to allow you to create a separate micro website dedicated to rare collector stuff.
OK, now that you have decided on your niche, you will need somewhere to promote it. You will need a website to create content, write reviews etc. to tempt visitors to purchase your recommendations through your affiliate link and we will cover this in part 2 of this mini-series 🙂
