Are These Really The TOP 5 HOT Niches to Become RICH in Affiliate Marketing?
I’ve recently taken an interest in affiliate marketing as I continue to explore the digital economy for ways to make both active and deferred (passive) income.
In simple terms, affiliate marketing involves a retailer paying commissions to a third party for traffic and sales generated from its referrals.
For the third party, this is a great way to make money considering you’re only promoting a product or service, and don’t have to deal with the fulfillment and delivery.
For retailers, it’s a great way to generate traffic, sales and new customers.
To get started, you’ll need a YouTube channel, and you will have to pick a niche. Picking a niche does 2 things:
- Determines your speed of growth & scale
- Determines your scale of earnings
From my research however, I have discovered the following niches to be the most rewarding.
1. Green Products-Energy Saving — Green products are big right now although there was a slight decrease in the summer and bills were much lower. There will be an increase in demand once the cold sets in. Solar affiliate programs can be found on Google or Click Bank.
