Choose Your Topic Wisely When Doing A Niche Affiliate Site
I was researching a topic last week for a few new niches and stumbled upon something that’s quickly becoming the next cool thing to have, an Android Smart Phone. With Googles new Droid, HTC’s Droid and Motorola’s Droid, there’s going to be a bunch of new cases and skins for the new smartphone craze.
I did my research, looked for a good domain and was amazed there weren’t more domains snatched up. I decided to get a couple different domains, ranging from $9-$12 at Godaddy.Com, and started building the sites. Things are going great, one site is already on the first page of Google within 2 days! Awesome!
The site looks great, cool Android type font, color is great, it’s going to be a great money maker. So I start to add products and after adding several from Amazon.Com
A typical Android Phone Case or Cover is anywhere fro .02¢ to $20.00, with the majority being under $10.00. Wow, what a waste, sorta. I spent all this money on domains, then the time to build the sites, and then I realize the price of each item at Amazon.Com is so small, I’m going to be working hard to drive traffic to make any kind of money at all, if any.
The one saving grace is if there’s a lot of traffic it will drive my product count up, which will in turn drive the percentage I make from Amazon.Com up too. At Amazon.Com you make 4% to start. Then sell a certain number of items, and the percent goes up to 6% and then up to 6.5% and on up to 8.5% I believe. So if you have a site that sells larger, more expensive items that people are on the hunt for, like cameras, Kindles or Baby Car Seats, then you will make a nice chunk. At .02¢ a pop for an Android Case, I won’t be making squat, I mean what’s 6% of .02¢? Get my point? I will probably do a minimal of build up on these sites and then just get rid of them at Flippa.
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Great trick – when you’re trying to promote your main site that gets the big commissions it can be hard to get up to the next tier especially since Amazon has them so high after the first few levels – that’s where those little sites come into play 😛
.-= Murlu´s last blog ..Small Business- The Importance Of A Website =-.
Great insight, I never thought about that but yeah, not a bad idea.
I would like to hear more about your flippa escapades as I’m sure my current niche duel website will be heading there once I realize it was mistakes all around. Never done anything with flippa so I’ll be looking forward to your flippa post.
Hi Steve, I’ve already done a post on Flippa, just search my blog with the search feature. It’s nothing spectacular, I’ve only sold one site, but I’m gearing up to sell another one that I hope will sell for a few thousand. That will be the next post about Flippa. Like I said, I don’t think you have made all mistakes on your niche site, you just need to post more articles and I will get into that when we start coaching on Wednesday.
Very good reminder that we should all keep in mind BEFORE launching a new project. I stumbled myself on a few niche that I could easily rank #1, but I haven’t figure out how to monetize them yet. Therefore I’ve kept them quietly in a little folder on my computer until a bright idea pops in my little head. 🙂
The market research should definitely include the ‘How the hell am I going to make money with this ?” question.
Happy New Year 2011 to you.
MaxR
Active on the French Market
.-= MaxR de Maxadi´s last blog ..Excellente année 2011 à tous ! =-.