Some good writing here! I am a realtor myself and frequently get in touch with clients that consider buying a realty estate a conservative of investing. I once heard of a transport company in Vienna, Austria, which focused their entire profit on buying eventually every house available in the downtown for about 80 years. That must be some of a passive income!
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great read as always glen, congrats on sharing your research. although i believe strongly in the “rank & rent” concept for local seo marketing, it is interesting that i watched an entire video today by a prominent local seo guru who says r&r sites are the worst possible business. i’m having trouble wrapping my head around that as it goes against what my gut believes but then again, he’s “been there done that” and i haven’t. anyway, i digress big time, great article.
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You can attend industry meetups and conferences in your area to establish and nurture relationships with other digital marketers and get professional understanding. Don’t forget to try your own projects. Digital Marketing is an area with many gray areas between best practice and what can actually get results for a business. You can try your own ideas without blindly following leaders’ opinions.
Affiliate marketing is where a business rewards an affiliate for each visitor or sale that was bought by the affiliates efforts. The Amazon Associates program works by allowing website owners and bloggers to advertise/share products on Amazon earn a referral fee when people click through to those products and purchase. So it means having your own website.
I think this is a KILLER niche because site visitors will have just spend tens of thousands of dollars on a truck, so a couple hundred on accessories won’t feel like a big deal. Also, MOST of the products in this niche would likely be in the $100 to $300 range, which I find is the sweet spot for niche sites. More expensive and people research it for weeks before buying (and consequently your affiliate link expires before purchase), or too inexpensive and the commission is simply too small without massive volume.