Here is Days 21-25 of the 30 Day Niche Research Blueprint to help you with selecting a niche for your online business.
On these days, you will continue the steps in researching your chosen niche for your online business.
Day 21: Your Niche Business Needs Affiliates
If you are going to be creating and selling your own products, keep in mind that this is not a lone wolf endeavor.
You need a community around you to help promote your products and send you customers.
These are known as affiliate marketers.
Affiliates help recommend and promote your products in exchange for a commission when a sale is made.
This is a percentage of your sale, typically 50%, but it could be less or greater, depending on the circumstances and niche.
Tangible products usually pay much less than digital information products.
On Day 21, you want to see who your competition is recruiting.
The easiest way to do this is to pay attention when your competition talks about their affiliates, such as making social media posts about their success in a promotion.
These could be people that are also willing to become your affiliate as well.
All you need to do is compile a list of prospects.
Leaderboards of past contests can help guide you on whose list is responsive for a certain topic.
Day 22: Going the Extra Mile for Affiliates
You might be tempted to believe that top affiliates only perform for the rate of commission.
But this is actually a common myth.
The best affiliates don’t just want the same money from you that everyone else gets.
They may want other benefits as well.
The best way to know what an affiliate might be interested in receiving from you is to know what they got from other niche leaders, so you’ll be looking for that information.
Depending on who the competition is, be prepared to offer big perks, such as prizes in a contest for the top 5 affiliates, etc.
For example, if you have a funnel that earns you an average of $100 per sale, then you might be prepared to give away the front end product costing $10 to your affiliates at 100% commission.
This is a great way to get them onboard, get their subscribers on your list, and make money in the upsell.
Day 23: Become an Affiliate Yourself
Affiliate marketing works both ways in a niche.
While you want affiliates to promote digital products you’ve created, you can also become one yourself for other people’s products.
Most product creators are also affiliate marketers themselves.
On Day 23, research digital products in your niche that your audience might need or want.
You’ll need to research all the popular products to see what you can promote.
For example, you’ll be looking for digital information products specific to your niche that can help solve whatever problem they have.
This can be in the form of eBooks, courses, video modules, or subscription services.
Day 24: Go Beyond Digital Items
When you’re in the marketing mindset, it’s easy to focus on just digital items.
But many niches have customers who need physical products as well, so you want to brainstorm that on Day 24.
For example, if you’re in the dog training niche, you might only think about promoting a video course on puppy training.
However, your customers also need physical items like dog treats, whistles, leashes, collars, leak-proof puppy pads and more.
This gives you an opportunity to promote and make money on these items, so make a list of the tangible items your niche buyers will want to buy.
Day 25: Make Recurring Commissions
Don’t limit yourself to a single commission.
On Day 25, look for chances to make residual income.
Think of items, both physical or digital, that your customers will need again and again.
For example, people housetraining a new puppy may need leak-proof puppy pads repeatedly.
Help them by suggesting a subscription service so that they get these delivered automatically every month and don’t even have to think about it.
Meanwhile, you earn every time they get a delivery and there are monthly subscription boxes available for many different niche markets.
This concludes Days 21-25 in the 30 Day Niche Research Blueprint.
Next in the Niche Research Blueprint, will be Days 26-30.
Thanks for stopping by and have a great day 🙂
To Your Success,
P.S.- Be sure to grab your free gifts below as a Thank You for visiting my website 🙂
Resources for Online Success
My Online Journey
You don’t know me. I’m not some flashy internet marketer with my name and face all over the internet.
Nope. I’m actually way too introverted for that 🙂
I’m just an ordinary person that had to figure out a way to make money online when I lost my job in 2008, due to health issues.
In the offline world, I gained several years experience in Customer Service, Accounts Payable and Accounts Receivable and various other clerical type positions.
Much of it was drudgery, especially working in call centers.
I was good at my various jobs, but I did not enjoy being hostage to a cubicle and headset..lol 🙂
But, you do what soul sucking jobs you have to do, in order to make money to pay the bills.
As a free spirit, I always had the deep desire to break free from the cubicle-zombie-robot rat race world and have full control over my time, income and life, without having to have permission from a boss.
I was tired of being just another “number” that was expendable, no matter how dependable I was or how hard I worked (just to help build someone else’s wealth and make their dreams come true).
I wanted to create MY freedom…not just build it for someone else.
Unexpectedly in 2008, severe neck issues forced me out of the 9 to 5 corporate world rat race (before I was actually ready financially, which really sucked a lot and was pretty scary).
My neck issues got worse after years of being trapped at a computer, with little to no permission to get up and move around and stretch.
This is not good when you are suffering from old car accident injuries.
This was especially the case in call center jobs with low cubicle walls. They didn’t want you standing up, due to the noise while on calls.
And although losing my job and the paycheck was a less than pleasant experience, my goal was to be an online entrepreneur anyway.
But, I was forced to make it happen at that point…which was not ideal.
Wasted Time Dabbling
It’s better to have a 2nd income already coming in regularly before losing your main source of income, but I had no control over what happened.
I had already been “dabbling” in internet marketing, on the side, since 2004…basically wasting time.
I treated it as a hobby, instead of an online business.
I actually made a little bit of money with affiliate commissions and some advertising revenue, but it was nothing to write home about because I did not build it up.
If I had realized that my health was going to go sideways so badly in 2008, then I would’ve taken my online business “side gig” much more seriously.
I would’ve hustled, even while still working a full-time job, because 4 years would’ve been more than enough time to have built that online business into a full-time income.
Just an extra 1 hour per day consistently over that 4 year period…would have made all the difference.
So, after I lost my job in 2008, I was in a real bind for more than one reason.
I needed to get serious and stop dabbling and start hustling to make money online, but it takes time to build an online business that brings in consistent income.
I was out of time. My household went from two incomes to one and I needed to get moving.
The problem was my severe neck issues and the accompanying dizziness from nerve damage in my C1 Vertebrae, the Atlas.
So, this meant that I couldn’t exactly hustle like I needed to because being on a computer for hours each day at home is no different than doing it at a job.
I was no longer able to do this, if I wanted to not end up completely disabled or bed-ridden.
The years 2008-2011 were extremely tough in trying to heal, but with proper therapy, the worst of it got better, but it’s not 100%.
Even now in 2022, I still can only be on a computer so much each day, without causing flare-ups.
So again, if I had taken it all more seriously, then I wouldn’t have ended up with so many financial worries, when I lost my job.
I would’ve had something more substantial to fall back on during times that were difficult money-wise and health-wise.
Then, add in beating my head against the wall, jumping from one “program” to another and basically flushing more time and money down the toilet.
Losing my job made me act in desperation because I wanted to make something happen right now.
So, I ended up doing what a lot of people do, which is looking for a shortcut and something “quick” or “push button”…which is not realistic because it doesn’t really exist.
Then in 2012, I joined Wealthy Affiliate because it had the tools and resources I needed all in one place, to help me build an online business.
Fast forward to 2020, I joined The Home Business Academy to add even more great tools and resources to my online business arsenal.
I now use both of these resources to build my online business.
I enjoy making money online because I can work from anywhere and on my own schedule, while still being able to take care of my health.
You Can Do It Too
So, why do I tell you all of this?
I share all of this with you, so you’ll know it’s possible to make money online and have total freedom from the 9-5 grind.
It takes time to build an online business, but it’s worth it to build either a side-income to supplement your full-time job or replace your job.
If you have found yourself in a similar situation to me or you simply want to get ahead of things and plan for the future, your goal going forward should be to not waste any more time.
Whether you love your job or hate your job, it’s always a good idea to have a Plan B to supplement your income or replace your income.
You never know what can happen with your job or even with your health.
Don’t waste time, like I did.
Just get started and keep going.
Do not dabble.
Take action now.
And most importantly, believe in yourself.
You can do it!
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