Build a Niche Web Store And EBay Affiliate Marketing
If you wish to make money on EBay without selling any goods yourself, EBay affiliate marketing can be a great opportunity for the EBay novice. One of the most innovate products on the market that enables you to make money with ebay affiliate marketing is Build A Niche Store. This software program gives you the ability to place Ebay products from the EBay marketplace with a direct live feed to your own web site. When somebody clicks on the product on your site they are taken directly to that product listing in the EBay marketplace. For example you may have an interest in guitars and created a web site called www.guitarstoday123.com. You may wish to sell guitars on this site but don't want the hassle of stocking your own products or dealing directly with customers. Build A Niche Store software allows you to have a direct feed of guitar products currently on EBay placed directly on your web site. Referring a visitor to EBay from your site can attract commissions of up to 65% of EBay revenue if they purchase the product. Additionally if the person is new to EBay and signs up you can receive a sign up bonus of up to $24. Please note that you receive a percentage of EBay commissions, not the sale. Furthermore to receive a commission by referring a new EBay member they must place a bid on an item.
Selecting The Right Niche Market
When selecting a niche market the key factors that need to be considered are product demand, competition and associated or related products. A tip for finding out if there is a demand for a product is to simply use the search engines. Overture currently has a great free tool that enables you to identify how many searches for particular items are completed each month. The general rule is to times this by about 10 to find out how times it is searched on Google. The next step would be to select 5-10 specific keywords and find out how many Google search results there are for each keyword. This will help provide a rough guide to the amount of competition for these particular keywords. Please note this is a very simple way of researching demand. It is recommended that you use other more sophisticated keyword software that will provide a more full proof assessment. Associated products and related products are often under estimated by new EBay affiliate marketers. The most successful EBay affiliate marketers will often cross sell other related non EBay items on there site. These items can generate more substantial profits as well as provide the visitor with more variety and therefore obtain repeat traffic.
Driving Traffic To Your Site
No traffic, no sales. It’s amazing how many people just assume by having a web site people will mysteriously visit. There are many free and simple ways to market your Web Store such as article marketing, blog marketing and requesting other sites to place there link on your site. However all these forms of marketing take time and should be part of your long term marketing plan. There are other methods that can drive immediate traffic to your site such as sponsored search marketing with google, yahoo and msn. This can be costly and is an art in itself. However to drive immediate traffic to your site this can be a great boost in the early days to drive targeted traffic to your site. For sponsored search marketing it needs to be very targeted. For example you would want to keep your keywords very specific and only targeted towards specific items in your store. For example if you had a golf store it would wise to steer away from broad keywords such as golf clubs and only target specific keywords such as Callaway golf club. This way you will obtain customers who are further into the buying stage and you save money that would be spent on unwanted traffic. Driving traffic to your web store is the lifeblood of any online business and needs to be well executed to have a successful online business.
Setting Realistic Goals
The fact is EBay affiliate marketing requires high volumes. Although EBay affiliate commissions will provide the base income from your site, to be successful in the long term it is necessary to have appropriate Google ad sense and associated products that will also drive your revenue. Google ad sense revenue will range from 5 to 20 cents per click. You don’t have to be a rocket scientist to realize this will provide some revenue but will require many clicks to be worthwhile. Furthermore google ad sense can drive customers away from site and you need to weigh up if it will compliment your site or hinder it. Overall it is worthwhile to do your research before you decide on what niche you wish to target. For more information about Build A Niche Store and other web stores you can visit my E-Home Business web site at www.mybusinessexplorer.com.