Question about making money on affiliate marketing.
Quick Question,
Say you invest $10,000-20,000 in affiliate marketing. What are the best niches, or what would be best to do in affiliate marketing to make net 20-25k a month?
If I had that sort of money to spare, I'd buy an established site already earning revenue. You should be able to buy a site that is earning a steady $100/month then build it out from there.
People generally try to get 10x-12x monthly earnings.
So my calculations were wrong there, sorry! I meant you should be able to buy a site earning close to $1000 a month.
I haven't bought a site at that level though, you might get something above or below that.
Check out sitepoint.com marketplace for premium sites that would suit.
A common mistake that many people make is not researching possible niches. Basically a "hot" niche is any that contains a group of people who voice a need and are willing to pay for the need to be fulfilled. Essentially keep an eye to what people want (Tell you that they will buy) and deliver them what they asked for.
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John Guanzon - Platform Speaker, Info Product Creator, List Building Expert, Coach And Mentor. TheProfitHustler.com
EXCELLENT!!! John. I couldn't have said it better myself. I was gonna mention that point. Searching niches is a powerful way to find where to put your efforts.
I would take most of the exact same actions that I would take if I had $0 money to spend on affiliate marketing.
I would start by making a list of ten possible niches. I would visit the forums and read the magazines to find out what that niche wants. I would narrow it down and make sure that the niche has buyers. I would throw up a site and drive traffic to it. Since I have money, I would probably use Google Adwords and outsource some of my article writing. And I would build my list.
Question about making money on affiliate marketing.
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