If you’ve been a regular reader of this blog you probably have seen me use the term “money niches” in a few of my posts and have wondered what exactly do I mean when I use the term.
Money niches are affiliate marketing niches, which if promoted successfully, can bring in a tremendous amount of income for the affiliate marketer. These affiliate niches are usually extremely easy to convert traffic into sales, or provide high payouts for each lead or qualified sale. Money niches do have a drawback - they are usually highly competitive making it very difficult to become successful for someone just getting into the affiliate marketing industry. Examples of money niches include travel, ringtones, pharmaceuticals, and insurance leads. All these niches have at least one of the two characteristics of money niches that I just mentioned. Many affiliate marketers chase after these niches because there is a lot of money at the end of the rainbow, so to speak, if they are successful in their efforts.
It took me about a year before I really felt comfortable with affiliate marketing and decided to take a dive into money niches, but because I was already generating a fairly steady income online I wasn’t too worried if it took awhile to generate any income through these niches or even if my efforts failed completely. Once your a seasoned affiliate marketer and have a good steady income being generated from your affiliate sites, by all means go ahead and take a dive into the money niches to get your piece of the pie!
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