I must confess that finding a profitable niche from which one can earn from online, is not the easiest of tasks. The surest way to earn cash from affiliate marketing online is via niche targeting. Niche marketing involves an affiliate marketer targeting a profitable program or product that is in high demand thereby enhancing the affiliate marketer’s chances of earning highly.
In this article I will articulate the most outstanding ways to find a profitable niche where to start your online business. To do this successfully, you don’t need to spend money because there are free tools and skills available online that can be employed.
Look at your passion
Top on the list of tools that you can employ to find profitable affiliate niche is to look inwards. Find out what you like, what do you enjoy doing? What are your hobbies? What do you love doing? What is that one thing you will do with ease or you are knowledgeable about, these are very viable links or pointers to online riches. Write them down they can be turned to profitable niches online.
Research or Brainstorm
There are free tools available online where any kind of research work can be carried out easily. Sites like Google.com, Wikepedia list of topics are fantastic places to start where you can gain great insight into any subject. Another site you can look up is shopping.com consumer demand index, you will find a list of the hottest products online searchers are looking for earnestly.
The Technorati popular list, a leading blog search engine, is another source site worth mentioning, you have tens of hundreds of what is popular in the news compiled from thousands and millions of blogs. Hot trends from Yahoo! Buzz and Google Trends are also very vital places to do online brainstorming for profitable niches.
Find out niche that have high profit potential
Google AdWords Keyword tool or Free WordTracker Keyword is another powerful tool you can use to find a niche where a large numbers of people are searching for on a daily basis. Understand that the major reason they’re searching using those keywords is because they’re looking for solutions to their needs. You can use the same tool to estimate the profit potential of the niche you are interested in. If the niche has a high cost, i.e. around one dollar per click, than the niche has a high profit potential if you will be using AdSense to monetize your site.
One other important way to monetize your blog is using affiliate programs or networks like Clickbank or Commission Junktion to find products related to your niche that pays a minimum of $20 for sale to generate a good profit. Outside of these two networks, you can also employ Google for search query to find other useful affiliate programs, type niche keyword + affiliate. You will have a list of affiliate programs in your niche, visit a few of them, check their viability and potentials to determine their payout and sign for the reasonable ones.