Now you may already be using affiliate marketing or you may be interested in starting. But what are the best affiliate marketing products to sell?
There are lots of different ways to do this but this blog is only going to focus on what products are the best to sell online.
Follow Your Passion- The Sure Way To Get Mediocre Results
I have read a lot of different self-development books. A lot of them will say something like follow your passion… or do what you love and the money will follow, or some fluffy thing around that.
Now I’m not being funny but sitting on the beach, doing water sports and watching Game Of Thrones has not made me any money yet, so I’m fairly sure this is not completely true!
Even affiliate marketing books that I think are very good such as Anik Singal’s “The Circle of Profit” suggests you can make millions of dollars from your passion. He does talk about it needing to fit certain criteria but the fact is… not all passions are profitable (If you’re looking to get started in affiliate marketing I’d highly recommend this book though! Harsh Agrawal also has a good book for beginners.)
There have only been two authors that I think are straight talking and completely honest about this. Their books are not about affiliate marketing directly but they basically imply that if you want to scale and make a big business… it has to be online.
MJ DeMarco- Fastlane Millionaire
The point that both of these financial giants make is that when your business starts making money, you will find your passion for that business. It becomes easier to do what you need to do as it becomes profitable and you see the results.
So Where Do I Start?
In recent months I have found myself going around in circles… big circles that takes up a lot of time and I end back in the same place… doing nothing!
Some people have a niche that is perfect for affiliate marketing. It’s their thing and they do it all day every day and will never get bored with it. For example weight loss, bodybuilding, investing, dating advice, electronics or pets.
Some people may love to read about new nutrition advice and what methods of training are most effective to reduce fat and build muscle. They may be doing this all the time and there certainly is a big market for this online.
However, for most people, we may dabble in a bit of all of this at certain times in our life but it’s not really a “passion”.
So how to do we choose that one thing?
I’m going to show you what I did, but I’ll show you the direct route rather than what I actually did (because that was stupid!)
Use Clickbank- It’s Free to Join So Sign Up Right Now
I mean it! This is probably 101 to the worst way to keep people reading your work but… Stop what you’re doing click this link and sign up right now (this is not an affiliate link as it’s free!)
On ClickBank, you basically get to become an affiliate for up to 75% commissions (yes you can get more than the person who created the product) on any products.
That part is very easy to do, however, the hard part is deciding the product to choose!
So all I did (eventually) is click the tabs on the left side and see which “niches” had the best variety and products that I personally would be interested in trying out.
Top tip is to click to sort by gravity (this simply means what has sold well in the last month). If you’d like to learn more click here to see what the ClickBank University can offer.
Use Amazon Associates- Also Free to Join!
I literally just worked this one out yesterday! I’ve seen people promoting products etc. online before but didn’t really understand why or how. When you click the link you just go to Amazon and buy a product from there. Surely the person leaving the review didn’t even get any of the benefits?!
How wrong was I?
So Amazon has an affiliate website called Amazon Associates. This means you can get a commission for millions of products on Amazon. So this is why you hear some people saying follow your passion no matter what it is?
Well, maybe but the commission rate is relatively low compared to other affiliate programs. If you sell 6 or fewer items a month, your rate is 4%. You can earn up to 8.5%, but that’s achieved by selling more than 3,131 products.
So depending on what you are promoting you won’t be earning too much from it.
The other good thing about it is that even if the person who clicked your link buys something on that visit, you earn a commission. So you could refer a $10 book and they end up buying a $1,000 TV and you receive the commission on the TV.
Digital or Physical?
The virtual world wins this one. People use the internet mainly for information.
Plus, Amazon Affiliates is a great way to avoid the hassle of having to post, package and deliver the physical products if there is something that you’d really like to promote.
However, if you are eventually going to be creating products it is 100% better if it is digital.
We live in the information age now so if you can create something digitally you will eventually be the one with the products on Click Bank, Udemy and Amazon.
Do We Need Just One Thing?
Obviously, you won’t just be an affiliate of one product for the whole time. There will be different products and ideas you’ll have to be an affiliate of.
However, from what I understand it is better to stick to the same niche. If my next post was about the yoga retreat I did in Bali over the summer it wouldn’t really follow the niche path that I am going down with creating an income online.
This confuses your audience and can be harder to keep the website traffic up.
My wife, Sarah and I created our first blog a bit like this. It was literally anything we did or thought of that week. It has been great to get experience in the online world but if you’re being an affiliate marketer you need to have a path that you follow.
You Certainly Can Make a Profit From Your Passion… But
I went into more detail about Anik Singal’s five key components to making sure your niche is profitable here. I think it is very important to read these 5 steps carefully as it can affect your whole online business.
Something that I found very insightful was that if you can’t find any competition online then you must have found a golden nugget right?! The million dollar idea?
Well actually if there is no competition online, then your idea for affiliate marketing sucks! Yep, you read that right it sucks, throw it away and start again. Check Udemy, Clickbank and even Google it. If you can’t find any online courses then it won’t work online.
So to find a niche and products that sell well you need to find someone else already doing it. But on the flip side you don’t want too many otherwise how will you stand out (not so easy is it?!)
There are some very profitable and proven markets such as:
- Weight Loss
- Healthy Eating
- Relationship advice
- Finding a job
- Investing
However, if you just use these words as your niche it will be too big to compete. It has to be narrowed down (or sub niched) such as weight loss for middle-aged women, or investing in property in the UK, or making money online using affiliate.
Conclusion
I wouldn’t say there a certain type of product that is the best, but there certainly are things to know before diving in.
If you have an idea and you can tell it’s profitable then get started.
Action is the antidote to fear.
So if you are still worried you have the wrong products to sell. Try it!
You can find out how I started here.
Keep changing for the better
Mike
Mike, you did a very thorough job of covering in ins and outs of deciding on choosing a business niche, with recommendation. I’ll be back to follow your future articles. Thanks.
Thank you very much, Terry, that means a lot.
How did you decide to go with the food niche?
Mike
I also want to start a niche which is my passion but how can I determine the potential of it? I really want to know before I start. Do you have any recommendation for me?
Hi Furkhan,
That really is the million dollar question! I apologise in advance if this reply is a bit lengthy.
So Anik Singal has 5 MUSTS for a profitable online niche:
Digital Information Friendly- You cannot download underwear- you can download a weight loss book. Whatever your niche is it must have some digital information that people will want to have (it must have some information).
Competition- there MUST be competition- check Clickbank, Udemy or Google to see if someone else is doing it. Some people think that going into a niche where nobody else is doing it means you may have found a missed opportunity. Anik talks about his first venture into study materials for students sitting exams. The reason it didn’t exist anywhere is that students do NOT want to PAY for this advice.
Size of Audience- Use Facebook Ads to make sure there are over 1 million people interested in the idea (ideally less than 7 million though or it becomes too competitive). I may need to do a post about this one as it’ll be hard to explain from just text (stay tuned), but FB ads is a great research tool. You can search for people interested in certain niches, and apparently, the above audience size works best.
Popularity in search- SEMrush.com can tell you if there are at least 10,000 searches for your niche per month. You can sign up to Google’s keyword planner to do the same search but you may have to put in some bank card information.
Long-Term Potential- Infant’s teething would be a problem for a parent for a short time. After a few months the parent will have a whole new set of issues but teething would not be a great niche… baby care and even childcare could be a better niche here as parents will want this information for quite a number of years. Compare this to golf… A golfer will want information today and in 3 years time to improve their game, so they will keep buying information from you if it is good!
I really would recommend Anik Singal’s book “the circle of profit” if you want any more information, it has helped me so much!
What is your niche idea out of curiosity?
Let me know if you have any more questions
Mike
I agree, you have to give it a try to see if it works. I have been having a hard time finding products that will sell on my site….its a travel site. But I am figuring it out and getting there. It is definitely a learning process!
Hey Matt’s Mom!
You’re so right the best cure to figuring it out is trying it! There definitely is a travel niche opportunity but I wouldn’t say it’s one of the best niches for affiliate marketing.
If you’re just doing “travel” the niche would probably be too big too. Just from a quick FB ads search I can see there are 100-150 million people interested in travel.
Anik Singal recommends 1-7 million. If it’s over 7 million people it will probably be too competitive i.e. you won’t get a look in compared to the big travel companies.
If I change that search (just by clicking the next one down) to “adventure travel” there are 2-2.5 million people interested on FB. So just from writing this comment back, I can see that this niche would have a better chance of working for you.
The aim is to become the person that people think of when they want something in that niche.
In regards to products to sell have you got an Amazon Affiliate account? I recently learnt about this but you can basically promote thousands of products from Amazon. So you could potentially put together an adventurous travel bag essentials kit and leave links to the products.
Thanks so much for stopping by, it’s great to meet people on a similar journey!
Mike
Great Article, as someone in the embryonic stages of Affiliate Marketing, I find your comments and links interesting as I continue to educate myself in this newly discovered field.
That’s great Richard, thank you so much for your kind words.
It’s a whole different game but I think it can be made much simpler than what it looks like at first. Have you tried any training programs yet?
Mike
A great review full of awesome details. when I started I had no idea what half of this was. thanks for your expertise and explaining it all.
Hi Leah,
Thank you so much that really does mean a lot to me! I had no idea I had expertise either!! If you have any questions please do give me a shout and I can try my best to help.
Mike
Thanks Mike
This is a great Read.
I have become an Amazon Associate (yet to score a sale, YET)
And I have heard great things about ClickBank (there are some similar sites that i have been recommended to investigate – will let you know when i find where i stashed that post-it note 😉
You also said that: There are some very profitable and proven markets such as: Weight Loss, Healthy Eating, Relationship advice, Finding a job & Investing.
They all seem reasonable – where did you get the list from? I think my website could cater to all but 1 of those, potentially.
Great Post!
Looking forward to working my way through.
Shaun
Hi Shaun,
Thanks for your comment. I have heard of a few other websites like clickbank too and I believe different ones are recommended for different niches.
I got that information from the Circle of Profit book by Anik Singal. Check out my review here
https://maketimeonline.com/2018-the-circle-of-profit-book-review-can-your-passion-make-you-1-million
I summarised the best ways to find a niche here (which I learnt from the book):
https://maketimeonline.com/how-to-find-your-online-niche
That’s great that your website could go in so many different directions! However, something I have learnt the hard way is that it’s important to narrow down your own niche/ be clear about what you will be an “expert” in if you want to monetise your website.
From what I can tell the really good bloggers/ monetised websites branch out later on when they are successful, but it can become confsuing for your readers if you talk about Relationship advice one week and investing the next week.
I hope that helps,
Let me know if you have any more questions
Mike
Awesome article Mike! I noticed you mentioned Snappa in one of your blog posts, we also have an affiliate program if you wanted to try it out! https://snappa.com/affiliates
Thanks!
Thanks for letting me know Nick