Tuesday, June 30, 2009

Prepare yourself for market research

In order to be prepared for market research and how to uncover hot, profitable niches, it is highly recommended that you complete each of the action steps listed here.


 Set a goal for how much money you would like to profit each month. (Be realistic, perhaps $100.)

 Sign up for at least three affiliate networks (and associate it with your new email address). (A few of those affiliate sites may include LinkShare, ClickBank, Commission Junction and ShareASale.)

 Think about your affiliate goals/plans with them.

 Make a list of at least 10 affiliate offers that relate to the top niche/site you decided upon last week. If there are not many offers, move onto your second website choice.

 Select your first affiliate offer. Then use one of the link masking services like TinyURL.com to turn your affiliate link into a new URL.

 After you find multiple forums in your niche, create an account and add your new affiliate link into your forum signature. Post 10 comments in various forums related to the product you are offering. Become familiar with tracking clicks and seeing the results you generate.

 Visit the Squidoo.com site and look at the other types of pages and mini affiliate sites people have developed. If you are up to the challenge, create a Squidoo lens filled with quality information sprinkled with your affiliate links.


 Surf some of your favorite websites with your new found affiliate spotting knowledge and see if you
can spot the affiliate links in these sites that you never knew existed before.


 Finally, discover at least 3 forums/message boards in your particular niche and really try to get a vibe for what people are saying. Then, create a profile of your target audience. Age? Sex? Interests? Marital Status? Income? Who is your dream customer and how would they find out about your site? (This will be crucial for next week.)

Follow all of the steps that I have listed here so you can be ready for your Market Research.

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