Affiliate Marketing Coaching: Should You Seek Out Competitive Niches?
There comes a point in any affiliate marketing coaching relationship where the subject comes up – do you stick with low competition, low volume niches, or do you aim for the sky and promote weight loss, hosting, dating, insurance, or any of the other high-volume verticals.
Unfortunately, there’s no easy answer. What’s right for one affiliate may not be right for another. Your abilities and your temperament will play a huge role in which is best for you.
If you enjoy risk, constant changes, and major volume, a high competition niche might be right for you. In these niches, affiliates working with paid traffic will deal with narrow margins and a strong need for good tracking. If you don’t have the technical know-how (or assistance) to get this set up properly, you’ll lose a lot of money – FAST!
If you prefer a slower, more stable stream of income, low competition markets may be more suitable for you. In these markets, you can frequently let the same ads run profitably for months or even years. Although you’ll rarely make a large amount on any one campaign, a hard worker can build hundreds of slow trickles of income.
So, to decide which you want to do, think about your personality and your lifestyle. Do you want to spend a lot of time at your computer, monitoring high volume campaigns? Do you have the ability to drop everything if something goes wrong? Or would you prefer to make a little less money and have more freedom from your campaigns? Only you will be able to decide.