What is a niche in affiliate marketing and why is it important in online business?
If I asked you what your niche is would you know what it means?
If not your not alone. When I first heard of the word niche I thought it was referring to some type of fabric for sewing. Rest assured we are not talking about knitting here.
Chances are if you’re reading this article you are interested in learning or perhaps you are looking for more clarity to define your current niche in business. If either describes your situation don’t worry, by the end of this article you will better understand what niches in marketing are all about.
In todays article we will be answering the question What is a niche is affiliate marketing along with giving you helpful tips on how to get started creating your own niche today for any business.
Let’s get right to it then shall we?
What Is A Niche In Affiliate Marketing Overview
What is a niche in affiliate marketing and how does it work?
In short Niche marketing is a special kind of internet marketing where you provide value centered around a certain topic or subject for a very specific audience.
Just think about some of the biggest well-known brands in the world today.
All of these companies are very successful but they are not the same company. Each company specializes in doing a specific thing. Apple is known for its high end devices while google is one of the biggest search engines in the world. Amazon got its reputation for reliable shipping and delivery while Microsoft is known for its powerful web applications.
These companies couldn’t simply market any and everything but they became known and can be counted on for a specific service that you expect. This is what breaks down a niche.
When you first get started with choosing a niche I recommend testing out different things that interest you.
Most people don’t get their niche right the first time. Then as you figure that out its good to be as specific as possible.
Think of your niche as your specialty or target area of interest.
To illustrate further Let’s consider the following example:
Let’s say you’re interested in finding a gluten free recipe to make for dinner because you recently started a gluten free diet. You search on google and YouTube for recipes that are gluten free.
You stumble upon a website that shows you the perfect gluten free recipe but not only that. The website has information and videos about the best gluten free meals that you can eat all year around for losing weight and maintaining a healthy lifestyle.
Not only does it answer your question about gluten free recipes but the website is dedicated to helpful articles centered around your area of interest. Also known as a Niche.
You bookmark this site because you found it helpful and it becomes a trusted source for information about any gluten free subjects whenever you want to read about new topics.
Does this sound familiar like something you’ve done at one point or another in your life?
If so… You my friend have contributed to niche marketing.
In fact, focusing on a specific product or service is what niche marketing is all about.
But to further understand meaning of niche marketing Let’s take a look at the definition…
What Is A Niche In Affiliate Marketing: What Defines A Niche
According to Wikipedia.com a Niche in marketing is as follows:
Niche marketing is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.
Why is it Important to Specialize in Your Area of Interest
Your niche is your specialty. The first time I actually understood this concept I was reading think and grow rich and was fascinated with the idea.
Whether it is in school or on the job specializing in any field has always played an important factor to making more money. When specializing in anything your working towards a specific and definite purpose.
Since the beginning of time employers have always preferred to hire employees with additional training in a targeted field that could help their business. Those with specialized training in a particular fields to have the possibility of earning a higher salary then someone only equipped with general knowledge.
Just think of the pay grade difference between someone who works in custodial vs someone who has advance training in electrical engineering. General knowledge is broad and easy to replace unlike specialized knowledge in a specific area or subject.
With niche marketing it is no different. When building a niche surrounded by a specialized or specific subject of interest you are attracting a targeted audience that is interested in that subject or product. Over time your website or platform becomes a source of reliable information based for that topic and becomes a trusted authority online.
What If I Am Not An Expert In My Niche
Truth is no one starts at being an expert. Even the most successful people in life were at one point beginners. All it takes is having an interest and a desire to learn.
The web is filled with millions of web pages with information, ideas, tips opinions of others in the world. From those who are not experts.
If you start with an interest and a desire to build upon that interest the opportunity for learning and growing never ends. Naturally you will learn and get better on the subject your interested in. You too can write posts filled with accurate information on how to help guide or educate others in any subject.
If you choose a subject your interested in and passionate about you will never get bored learning about that topic. When you start to zero in on a specific subjects you gain more credibility from others and the more value you provide to an audience the more authority your website will gain over time.
If you start with interest and desire to learn everything else will fall into place.
What Type of Niches can I Choose From With Affiliate Marketing
There are millions of niches in the affiliate marketing space. Just think of some of your favorite products or interests today. A niche can be anything in any category.
For example there is Clothing, Dog training, Dog toys, food, weight loss, computers, electronics, digital products, electric cars, even sports. There are other platforms for marketing your niche online like YouTube, Pinterest, Facebook, and Instagram.
What are some of your interests that your passionate about? Chances are there is a niche for that. I encourage you to brainstorm about what your passionate about and expand on those possibilities.
Should you go for Your Passion or Profit When Creating a Niche
I don’t know about you but Im a money motivated person. So I like to keep things real and get that elephant out of the room. It’s good to be 50/50 here. Truth is It will not be beneficial for you to create a niche with a low demand or interest because you will not be profitable. Unless you don’t mind doing it for a hobby.
If though your in it to create a profitable business, you want to be sure that your niche is in demand and has a big enough target audience for you to create valuable content for while making money. After all this is still a business. Thriving is what we need to be doing online.
Business ideas change as you develop your vision. Along the way sometimes you may realize that a particular niche isn’t holding your interest for many reasons. It’s ok to tweak and define your vision that’s a natural part of the process. Eventually you will find out what sticks and what your niche is supposed to be.
Sometimes going through trial and error is the only way to find the correct path in life. But you cannot find that path or interest if you don’t explore the possibilities.
How To Build an Online Business With Your Niche
There are many ways that you can explore building a profitable business through niche marketing online. If you have time There are free ways to learn online with google research on YouTube and marketing blogs like this one or If you want to speed up the process there are also online courses
When I first started my online journey I researched many courses that taught digital media marketing. Some were in the range of tens of thousands of dollars and others were as little as $25 dollars a month.
I’m a firm believer of learning through those that have had great success and using that as a blueprint for my success rather then learning the hard way experimenting with what works by myself. Not only does it reduce your trial and error but it also helps you achieve your ultimate goal faster.
During my online journey I learned that spending more money does not always mean better education but the best investment you can make is in yourself. Investing in things that will get you closer to your ultimate goal. While searching for answers I discovered a secret online that allowed me to work from home full time in just 2 short years.
Are you interested in finding out what that secret was? If so check out the link below to discover my secret to online success and how you too can benefit from it.
So there you have it ladies and gentleman. What is a niche in affiliate marketing. I hope I have been able to provide some clarity for you on the subject. We have discussed what is a niche in affiliate marketing, How to choose a niche and how to get started building a niche business today.
By using niche marketing in your business you will be building a steady foundation for a profitable online business that can generate streams of passive income for years to come.
Niche marketing is happening all around us.
Anyone can be successful in niche marketing if you have the desire to learn. Because having the desire is the starting point of all achievement.
The sooner you start working on your dreams the closer you will be to achieving your goals for your online business all it takes is a purpose, action and faith.
I wish you nothing but success in your online Journey!
If you found todays article helpful please follow us on social media and join the movement of online entrepreneurs dedicated to living the laptop lifestyle! If you have any questions or concerns feel free to leave them below as comments are always welcome in the discussion.
See you on the next article! 🙂