subject: How Do Ordinary Folks Earn Extra Income Online Through Niche Marketing Strategy [print this page] How Do Ordinary Folks Earn Extra Income Online Through Niche Marketing Strategy
If you are constantly on the lookout for an extra income source to supplement your day job, the Online Business in my opinion, is one of the best options. However, you should avoid the common approach of using ebay or Amazon Affiliate program because they typically do not make you a lot of money. On top of that, you need to spend substantial effort in the product promotions. Personally, I prefer to go with the Niche Marketing Strategy.
What is Niche Marketing Strategy?
This is the promotion of a niche product through an internet marketing channel with the result of getting paid for every successful sale. Your extra income comes either through the promotion of an Affiliate product (created by someone else) or one that is created by you. An example of a niche product would be "How to Grow Orchids".
Why Adopt Niche Marketing Strategy?
Many people are finding it easier to make extra income online through a niche product promotion rather than going into popular mass markets such as weight loss programs. This is because although mass market products are huge, there is a lot of competition and most of them are very strong. It will thus take a beginner more time and more investment in the product promotion before seeing any decent sale.
How to Start?
The good news is that Niche Marketing Strategy is not rocket science. With the availability of technology and great software tools today, it is certainly possible for anyone to make extra income online by following a set of proven steps:
- Perform a niche market research
- Locate a relevant Affiliate product or create your own
- Set up a website or blog about the product
- Drive traffic to the website
- Collect your commissions
The toughest part of the process is locating the right niche product to promote. Selling a product that you love or want may not make you that extra income if it doesn't fit into the Niche Marketing Strategy criteria.
Where to Get Help
The quickest way to start is to find a legitimate program that guides you through the processes mentioned above. Be very mindful however, that there are many internet scams out there that pulls money out of you quicker than you could make any, not to mention the precious hours wasted on it.
