Profitable Opportunities for Affiliates
January 31st, 2010 by websiteOne of the most profitable website opportunities for affiliates is to JV (Joint-Venture) with someone who is already established and successful online within your niche.
The problem is how do you go about this if you don’t have a product or list of your own? Or even if you do have a list of your own but it’s not that large?
There are ways around this and if you’re keen to sky-rocket your website profits it’s well worth the effort.
The first thing you need to do is research who the major players are in your chosen niche. Find out who is dominating that niche with their products and information. Copy the layout of their website.
Research the products and information they are selling or giving away and try to find an angle that compliments their product(s). This sounds hard but it is easier said than done.
Let me give you an example –what if you found a subgroup within the fitness and health industry that follow a particular type of diet or nutrition plan? You could quite easily and cheaply outsource the creation of a meal-planner/ food diary/calorie counter online spreadsheet.
Contact the website owner and offer it as a free complimentary tool for his list. Yes, free – you want to establish a relationship and credibility at this stage.
This is a win-win situation for both of you – the product owner wins by giving a freebie tool to his customers and you win by building your list.
This increases your presence, establishes your reliability and relationship with a top player in your niche.
From this point you can then approach other JV partners since you now have a list which you should continue to grow and nurture.
If you’re looking ahead long-tem and you should be if you want to build JV partnerships this is your starting point. You could even start to create your own product or partner with an expert in your niche to create one and split the profits from the sales made.
There are endless opportunities that you could explore and I would certainly recommend joining forums within your niche to find out what people are looking for and interested in and to seek out other possible JV opportunities.
Another way for Joint-Venturing is if you have discovered a new method or had particular success with a method that you have used relating to your niche. Product owners are always interested in results that have taken their methods to the limit and will often be happy to work with you to expand it further and create an add-on to their product sharing the resulting profits.
If you go down this line though, make sure you have the proof and results to back-up your findings otherwise you will instantly damage your reputation and credibility within your niche. You’ll find it hard to create your website, and even tougher to make it successful.