Niche discovery - this modern “Columbus egg” of affiliate marketing

Discovering the potentially profitable niche won’t get you much if you are not working that niche to take the most of it.
When talking about niche discovery seems that everyone knows how to do it better and faster that you do.
Don’t over-analyze your niche idea. Just start working on it. Start perfecting your skills. 
Take the example of street food carts. Some of them will be in business for a long period of time while other will go broke in couple of days. What does that mean? Do people stopped eating? The need for fast food has disappeared? Could be the cart owner who did something wrong?
What I am trying to say with the above example is that even the simplest ideas don’t work if the execution is done wrong.
What links a street food cart with an affiliate niche is that even though the need exist, there are people willing to pay for the solution, that does not necessarily mean instant success. Only those who figure out the most efficient ways to profit from the idea will stay in business.
If you read the expression "Columbus egg" for the first time on this page I can confirm you that it is linked that well known Italian explorer and navigator - Christopher Columbus- (c. 1451–1506) who completed the voyages across Atlantic Ocean and discovered the “New World”
According to the legends, during a banquet where Columbus presented his  discovery of the new lands, the noblemen were not so impressed by its accomplishment saying that it was something very easy that everyone could have done. Columbus took a boiled egg and made the bet that he can make it stand upright. Nobody knew how. Columbus broke the egg at one end and placed it gently on the table.
Simply stated “Columbus egg” refers to ideas that might seem simple to everyone after they are  put to practice by a single person.
The beginner marketer should ignore critics who talk about how simple it is to accomplish something after they see the finished work of a person who was willing to put the time to accomplish what was needed.
Every second on earth there must be billion of brilliant ideas who die because they are not put into action.
Check YouTube for  homemade inventions and you will surprise yourself thinking that what you see out there even you could have done it, but you didn’t, because you thought it was too simple and nobody could be interested.
Te execution gives the competitive advantage.
Don't just create lists of keywords, start working on the niche that you already uncovered.

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How To Choose The Right Keywords To Start Your Niche

When it comes to affiliate marketing you need to increase your odds of earning as much money as it is possible in the shortest amount of time without spending a fortune during the process.
Chances are you have read at least once this quote: “Work smarter not harder!”.
This article will give you some hints to work smarter in choosing the most profitable niche even if this is the first time for you.

How to find the seed keyword for the niche?

Start from the major market categories such as:

• Health and Fitness
• Relationship and Dating
• Self improvement
• Wealth and money

These are those “evergreen markets” where the demand for products or services that solve problems never seems to stop.
Break down into smaller sub markets
Use free tools such as https://www.keywordtooldominator.com/k/amazon-keyword-tool
Paste the names of the markets into Keywordtooldominator to get a rough list of smaller markets, but this is not the niche that you search for.
Even if you got something more specific such as:

You need to refine this list a little bit further.
Using the list that you got from Keywordtooldominator you can insert the new keywords into any search box of major online retailers ecomerce site. Aliexpress, Amazon, eBay
In Amazon note all autofill suggestions which is aimed on what people want to buy and where they can find the item they search for.

Example of amazon autofill using “excel” as keyword.

Look for list such as: 10 Best Selling products on Amazon, Best Selling products on Clickbank.
Start with your seed keyword based on the product, information based product or service you want to promote to earn the affiliate commission.
Here it’s how I do the research to uncover the niche of an existing product that sells well:
Go to aliexpress and search "health and fitness equipment". Filter the results by criteria that interests you.
If you search for the newest product then it must be a product that could sell well for a period of time. We assume that the producers of that article did well their marketing research and they did uncover at least some unmet demand before launching it on the market.
If you filter your search by the orders received for a particular product then you know that you got an established market with a certain demand for that product.
Take the name of the first products that Aliexpress is showing you and do a research on Amazon.
If you find the product on Amazon you need to figure out if there is a good demand for it.
Next step is to find the niche of the product.
This can be done by reading people’s comments and product description.
Now look for the price range of the product.
Answer yourself the following questions:
How much can you earn from selling it?
Calculate the amount of USD you can get for each sale.
Read carefully the amazon affiliate Associates Program Policies and choose to promote those products that have a high demand, low competition (if any)
Is it worth to build an affiliate site for it with at least 50 articles with related content?
This is the product that I have used to check what niche is it for on Amazon:
Back Massage Magic Stretcher Fitness Equipment Stretch Relax Mate Stretcher Lumbar Support Spine Pain Relief Chiropractic
In this  example, the seed expressions I used to discover potential niches in the health and fitness equipment sub market research were:

• Back Massage Magic Stretcher
• low back stretchers

Using https://keywordtool.io/search/keywords/amazon/ I got the following ideas for seed keywords:

• low back stretchers
• low back stretchers device
• low back stretchers and decompression
• ergonomic low back stretchers
• low back stretcher sciatica mattress
• low low back pain stretchers
• low back trax back stretchers

What are the right search volumes for niche related keywords?

The search volume threshold to look for when selecting your seed keywords is related to the product you are trying to promote.
In adword keyword tool check
Competition - low
Top of page bid (low range)
Top of page bid (high range)

In the above example we can see that even the competition is low for the expression “keyword planner io” you need to pay up to $48.64 to be on the first page. This means that the market could be oversaturated and the ROI must be high. You need to earn at list $50 for each click to create a campaign using this expression.
In terms of number of average monthly searches even a threshold of 100-1k is good if you can have high paying products that cover the cost per click.
Use low search volume long tail keywords when you are trying to reach an easy ranking, which can have much higher conversion rate if selected properly.
Create helper articles using informational long tail keywords to leverage their power in low competitiveness and good search volume. This way you have established yourself as a good professional in the eyes of your readers. They will want to read more from you if they have found enough information in the informational articles.
Good informational articles will earn you the will to share your article from your readers. We all do this everyday. When we find articles with good and helpful content we are willing to share the link of that article with our friend that we know they have similar intersts.

What free tools can I use to create a list of related keywords for a niche?

The next step is to refine the list you got and extract only those expressions who will help you rank your article on the first page of major search engines whenever the user fires the search using the low competition high search volume long tail keyword you have used in your article.
Start with the most popular tools from Google - google trends and google related searches.

Google Trends -

to find the interest of people for the product that you are willing to invest time and money to promote. If it is a seasonal product then you should plan your campaign accordingly. You won’t push winter clothes during the hot summer because you won’t get the right amount of people interested into buying your product.

Google related searches

At the bottom of every search result page in Google you will find a list with long tail keywords that can be more suited for the niche and they can be easier to rank for.

Google Search

for ‘[keyword]’ + ‘most popular [posts/sites/article]’ ... So You Don't Have to Reinvent the Wheel to Find Popular Keywords

Soovle searches

Here you can instantly get some related expressions based on your seed keyword. You can even see a top of internet searches.

Yahoo Answers

might be very useful to discover some highly specific keywords based on the way people ask the question. If the topic has a good level of engagement then you can get even the idea for some information products you can create or promote for that niche of people.

Metaglossary

could offer hints for some keywords.

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First Step Toward Prosperity - Finding The Right Niche

Chasing the right niche might seem to take forever if you are barely starting.
The starting point of any niche research is a good session of keyword brainstorming idea.
Start with broad categories where people all around the world search for solutions.
The most profitable niches are in the following categories

• Health and Wellness.
• Wealth and Money
• Dating

Start from the broadest category to the most specific problem people have that your product and service can solve.
Lets take the dating category and break it to smaller specific problems.

• Dating advice for men
• Dating advice for women

We have started this way to narrow the category by gender. Each gender will act differently when it comes to dating.
We can narrow this more by inserting age groups.

• Dating tips for men over 40

Then we can add more solutions to problems that people in that age group might face when dating.

• Dating mistakes that men over 40 make
• Guide to dating.

Each topic can solve one particular problem.
Basically we need to have one blog focused on a niche where we can publish articles that will describe the problem to make people feel connected to what it is written, then the blog will start to give the solution to the problem by offering affiliate products and services.
Think of your product and service that you need to sell, and see it what problem can solve for your customer.
What the customer does want and can’t find nowhere else?
Finding the right niche is the starting point of your new life. Let's first clear the definition of a niche. Well basically the niche is a group of people that search for a solution for a particular problem.
How do we know how big is a problem and how much are there willing to pay?
We need to analyze if there is competition on that particular segment of the market.
If your product or service is something completely new and you don’t have enough money to promote it and there is no competition at all, then you have to prepare yourself for a long and tedious process of Internet marketing and product creation.
What successful people say about niche definition:

"A niche isn't “weight loss” or “dating for divorced dads.” A niche is a concrete problem your audience needs solved" - AJ Walton http://ajwalton.com/

"The most profitable niche for you will be anything for your expertise areas" - Abrar Mohi Shafee http://www.bloggingspell.com/

"Starting a niche site around a subject you are passionate about has a major advantage - you won't get bored and quit" - Alistair Gill https://www.alistairgill.com/

"To someone who wants to start a blog for a living, I would say—choose something that encourages you to be all of yourself" - Amy Segreti http://liveallofyou.com/

"Do one of these two things (or die trying) GO BIG, or NICHE DOWN" - Andy Crestodina - https://www.orbitmedia.com/

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