Today we will be doing marketplace research on possible products to use to test our work when we put it up on a site. One of those tests is Mike Mindel’s WordTracker/GTrends tool (discussed later).
If we’re not members of affiliate sites we need to apply today.
I’m already an Amazon Associate and a Clickbank member. I need to join Commission Junction. Lot’s of sites work through cj.
Marketplace research: start on Clickbank Marketplace and type in each phrase and search for related affiliate products. Look at the sales pitch pages and take notes. Just observe. It might be a good idea to create hoplinks and copy and paste them into Google Notebook along with notes on them so we don’t have to go back to Clickbank just to get the code.
You may want to sign up for any free newsletters available, but send them to the email address you’ll use for testing. You need to have throw-away addresses because these will fill up with junk fast.
Search the sales information, %commission, price of product, and %refund rate. If the % of refunds is high, the product is trash and you don’t want to promote it.
If there isn’t anything in Clickbank, try Amazon Associates. You won’t get rich with Amazon, but they’re great for testing purposes because they give you such great stats and have so much to choose from.
Again, we are using affiliate programs for testing purposes only. There is no reason to go out, find a product and build a website around it if you don’t even know if anyone will buy it. Test, test, test. Measure. Don’t develop a product until you know what you’ve got to work with. Your phrases may not convert to sales. In that case, they will get dumped and you move on to other phrases in your brainstorm list.
Check out Mike Mindel’s WordTracker/GTrends tool. It does everything we were doing with WordTracker, Google, and Google Trends all in one search! It’s incredibly easy to test phrases now. You can test with one search from the TDC toolbar. Is that cool or what?
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