The internet enabled people from all over the world to turn their desktops and laptops into virtual businesses.
One of the most popular ways for people to make money online is to become an affiliate.
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What Is Affiliate Marketing?
Affiliate marketing is when third party vendors or partners help promote the product or service of a particular company or individual in exchange for a commission fee.
The affiliate commission fee depends on the nature of the industry, the price of the product and how much the company/individual is willing to pay out in order to get affiliates to promote.
The affiliate marketing industry has turned out to be ultra-competitive today as everyone is fighting for market share and aggressively promoting to outdo the competition.
We take a look at the top 5 affiliate marketing niches right now.
Making Money Online:
This is arguably the most popular affiliate marketing niche and has been so for a number of years.
The objective of any affiliate is to make more money and the internet marketing or making money online niche has turned many an affiliate into multi-millionaires.
Some of the top gurus when it comes to making money online include Frank Kern, Jeff Walker and Rich Schefren.
These internet marketing gurus often sell information products worth over $2,000 and get their affiliates to aggressively promote their offerings in exchange for an affiliate commission.
If you are looking to get in on the making money online niche, you will have to make a decision whether you are going to promote the products and services of established companies or take on the challenge of promoting someone new.
You can always do both but remember the competition to promote an established product is always more because there are more affiliate marketers associated with the established provider.
Online Dating:
Millions of people around the world are searching for love online and there are hundreds of dating sites and matrimonial sites that are waiting to help you find your soul mate.
These online dating portals and matrimonial sites allow affiliates to sign up and promote their services.
There is also a growing market for online dating advice as dating gurus like Eben Pagan and Matthew Hussey teach men from all over the world how to approach a woman, strike up a conversation and muster the confidence to ask her on a date.
They also have affiliates promoting their info products and dating seminars.
This market is less competitive but the cost of the product is not very high which means the affiliate commission will also not be very high in most cases.
Online Casinos:
The online gambling industry has grown exponentially in the last five years as governments across the world have decided to drop the ban on online gambling.
Legalized online gambling has expanded as there are so many options that iGaming operators are now able to offer their players.
iGaming operators can now offer a variety of gaming services which include online casino games, online slots, daily fantasy sports, live dealer casino games, progressive jackpots, sports betting, eSports and virtual sports.
Most top sites now give free access to huge libraries of free slots.
In some instances they actually provide access to many more hundreds of games not available at all online casinos. Obviously this is all free play and no real cash can be bet or won.
Online casinos tend to have a large number of affiliate partners to promote their services and bring in new player registrations.
This is a very lucrative industry for affiliate marketers provided they are willing to stay the course as the market is fiercely competitive.
Health and Fitness:
The health and fitness industry is a multi-billion dollar industry that keeps changing with every passing year as new fads, diets and fitness programs hit the market.
There are thousands of health and fitness professionals in each state promoting their program, diet and fitness program as being the best in the industry and they have a long list of affiliate marketers to help them promote.
Some of the top health and fitness gurus give their subscribers a variety of different options to train with them.
Some of these options include live Skype sessions, info products, webinars, face to face consultations, eBooks, video programs and monthly subscription offers where they get exclusive advice and information.
Affiliates are usually spoiled for choice when it comes to the health and fitness industry as there are so many different products and services to promote.
Once you establish yourself in the health and fitness industry, an affiliate marketer will be able to recommend multiple products and services to their list.
Self Improvement:
The self-improvement industry has blossomed in the last decade and is also a multi-billion dollar industry.
Self-help gurus release a variety of programs, tools, books and seminars that their affiliate partners promote aggressively.
The king of self-improvement
Some of the biggest names in the self-improvement industry include Tony Robbins, Brian Tracy, Jack Canfield and Brendon Burchard.
There are also thousands of other self-help gurus who are not as popular globally but are still very popular in their respective country.
Affiliate marketers will find it a little tougher to make a huge commission promoting self-help books because the price of these products and services are usually not very high.
Final Words:
Affiliate marketers looking to make it big in the self-improvement niche, will have to focus on selling a large number of products and services in order to make a big commission.
So if you are looking at becoming an affiliate marketer, these are the top 5 money making niches for affiliates.
While these 5 niches are very competitive, they can be very lucrative for affiliate marketers who do not quit and stay the course!
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