Are Your Niche Marketing Efforts Paying You Back?
There are times throughout your niche marketing work that you discover you may have set up a site in an over-saturated market. It might have seemed like a good idea at the time – especially if there were plenty of high-paying affiliate products out there for the subject you chose. But even if you’re making enough to break even, you could be leaving hundreds or even thousands of dollars worth of profit on the table – by choosing the wrong method of making money for your niche.
Potential Money Makers for Your Niche
Surprisingly, what you think may not work for ANY site, can be a lucrative way to earn extra cash from your niches. For example, banner ads typically don’t convert well on sites dealing with internet marketing. If your site was about fly-fishing and you ran banners advertising a fly fishing event or content – or new gear or methods to catch bigger fish – you can bet it would get a lot of clicks and earn you a nice chunk of change.
There are about as many unique ways to make money from niche marketing as there are different niches. A few of the more unique include:
“ RSS Feed Sponsors – If your audience is getting updates through your blog, consider using a service like Pheedo at http://www.pheedo.com or Text-Link-Ads’ Feedvertising at http://www.text-link-ads.com/feedvertising
“ Sponsored Blog Posts – Get paid to review different products in your niche. See Pay-Per-Post at http://www.payperpost.com or ReviewMe at http://www.reviewme.com for details.
“ Sell Your Own Ad Space – If your niche turns into a heavily-visited authority on the subject, why not sell your own ad space? CrispAds at http://www.crispads.com and BlogAds at http://www.blogads.com let you set your own ad sizes and prices respectively.
“ Job Boards – If your niche is career-oriented, consider including a third-party job board, such as Joard at http://www.joard.com where posting a job board on your site nets you 75% of the revenue you generate.
“ Sell Your Own Products – Not just digital products, but your own physical products like books, t-shirts, coffee mugs and more. Check out Cafepress at http://www.cafepress.com, or Lulu at http://www.lulu.com
Try one of these unique money-making methods on your own niche site and see how your audience responds. Don’t forget to test often with different strategies to see what works for your particular subject!
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- Have You Hit a Niche Marketing Goldmine – Or Fool’s Gold? If you’ve read my book, Get Niche Quick, you’ll know...
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