Often it is difficult to figure out what people are spending their money on when everyone is tightening their belts and cutting back on spending. While it is a little more difficult to make money during a recession, you simply need to think more creatively. To be successful at affiliate niche marketing during a recession, review the five key factors – where people need to spend money, where can people save money, essential problems to be solved, niches that don’t require people to spend money and highly emotional issues that will override monetary expenditures. Affiliate niche marketing during a recession can be very profitable.
Start your marketing with research. Look for niches where people need to spend money on are staple products that people have to purchase regardless of what is going on. For example, students have to purchase college textbooks, pencils, pens and calculators. Individuals with chronic health problems are going to spend money on their medications despite the economic forecast. Find affiliate niche marketing opportunities in these areas during a recession.
When you can save someone money in a downturn, they will be very happy. This is where affiliate niche marketing is very successful as there are many online informational products and services designed to do just that. Figure out how to show that your product will help someone save money and you have a goldmine on your hands. For example, VOIP or calling cards to save money on phone bills.
Before you begin your first marketing campaign, check out niches where there are essential problems that need to be solved or fixed. An example of this might be a computer software or hardware problem that needs correcting to keep their computer from breaking. A solution would be anti-virus software. Start your affiliate niche marketing campaign by designing a website or article that will demonstrate to your target market why they need to have the product in their lives.
During a recession, a great idea is to find a niche that doesn’t require people to actually spend money. For example getting an auto quote or signing up for a free credit report service. You can generate a mailing list and sell the related services. Most people will sign up for something free, and if they discover a need for a related service, they might spend some money on it.
Highly emotional issues are great affiliate niche marketing opportunities regardless of the economic environment. While weddings may be scaled down, people are still going to get married. People will also get divorced or need legal help during an economic recession.
There are great money making opportunities everywhere. Consider some of the following:
AutoPartsWarehouse – People might go online to save money on high ticket parts to fix their car.
BeautyChoice – there are some luxury items, but some staples as well.
BetterHealthInnovations – This is a great affiliate niche marketing option because people will purchase necessary items to deal with health issues.
BiggerBras – Most women need to wear a bra. It’s obviously a specialty item too, which drastically increases the motivation to purchase online.
Homegain – With such a tough housing market, people are probably looking for all the help they can get with a home purchase or sale. This is a great affiliate niche marketing opportunity.
CashAngelsOnline – Emergency Cash Advance service…enough said there.
DentalPlan.com – Again, kind of a necessity to prevent big unexpected expenses.
EZDoze – Help with Insomnia.
NetQuote – Auto insurance…necessity.
TheDebtTeam – Help with debt relief. People in debt will be very happy with help getting out of debt, another wonderful affiliate niche marketing possibility.
There are many ways to make money online especially during a recession. To be successful with affiliate niche marketing, demonstrate to people how it will help solve their problem, save money or improve their lifestyle.