I have a Plumbing and Heating service company. I see some Plumbing and heating parts and supply retailers online that seem to be the same supplier with different website names. Is this an affiliate self branding thing? I want to find a company to send customers to from my website to buy parts from for a commission as well as order/buy parts for my own service business from. I cannot seem to find any of these affiliate parts supplier companies with search engine queries. Years ago I remember seeing companies that would do the warehousing, stocking and shipping of items… Read more »
If you haven’t already, expanding your potential profit by diversifying your affiliate networks is a great way to build in additional revenue streams for your business. Before diving into any one in particular, make sure to do some research on the program or network to confirm its legitimacy, potential for profit, and alignment with the types of products and services highlighted on your website.
As an alternative, you can dedicate your time and efforts to generating as many unique leads as possible, and earn a good sum through quantity. This means you should not let high rates fool you. A commission of 30%-40% for the affiliate could be attractive relative to rates of 1%-5%. However, what matters is how much you can sell. Imagine that you have two products, both of which cost $100. From the first you can earn 40%, while from the second “just” 10%. Seems logical to work with the most profitable?
How to monetize this site: I would definitely go the route of the online course. Make a four month marathon bootcamp. When people buy your online video training, they get the videos of you showing them how it’s done. As an email course, you can set this up so they get email reminders when they are on day 20 what their running schedule should be, etc. You could earn money in a lot of different ways with this site. It would be excellent for sponsorships, but also Amazon affiliate sales and video courses. Heck, even an eBook could be really good for this niche. The door is wide open.
1. The batting cage idea is very risky. I’ve seen many of them close over the years and it is not anything close to passive income if you want to keep the business going. You have to continually promote it and target youth leagues, coaches, schools etc to catch all of the new players who grow up and want to play. I’ve played at probably 8 batting cages over the years and 7 of them closed.
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3d printing is a booming industry right now. 3d printers are machines that start with a chunk of plastic and essentially cut out whatever you design on the computer. You can make clothing, jewelry, technology accessories, all kinds of things. Writing a blog about what can be made with 3d printers, reviewing the best 3d printers, and having info on making the best designs would be AWESOME! I might even follow this kind of blog even though I don’t have a 3d printer, just because I want to get one so bad!
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You can find the high ticket affiliate programs here. By contrast, those could be super expensive items, but I haven't taken into account the percentage they pay. Would you rather make 60% of $100 or 1% of $60,000? Same thing! So what you promote really depends on your interest, but these two categories of affiliate programs are great for inspiration.
You asked if we would like more of this kind of post, and the answer is yes! Thank you for the niche ideas but more importantly the strategies on how you found them. Do you have a post about different ways on how to monetize once you have found a niche/idea. I can’t seem to figure out how money is made once you have a niche or industry locked down. If there is a post or if you could write one just as detailed and informative as this one, that would be really awesome, thank you.
CPA marketing programs pay affiliates when a specific action is taken by the referral or lead. Common actions include clicks, impressions, form submits, sign-ups, registrations, or opt-ins. Since Cost-Per-Action models don’t necessarily involve a direct sale (and involve more risk taking) the payout percentages are far smaller than they are in Cost-Per-Sale.
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My goal with this site is really only to write about 25-30 pages with information as I learn about boats and do customizations to my boat. I’m also adding a forum. Forums seem to be very popular with boat owners so I’m anxious to have others generate content for me. I don’t have huge plans for this site, but I’m sure it will bring in a few thousand a month if I don’t fizzle out. This is going to be my fun project for the next little while.