Researching products and monetisation options
In this guide, we will take a look at the products you can promote in your niche ideas. We will also look at other ways you can monetise your store now or in the future.
Affiliate Products
With FreshStore, the fastest and easiest way to monetise is with affiliate products from merchants like Amazon, eBay, Etsy, AliExpress, Walmart and more.
At this stage in our research, we want to check over the products we can promote in our niches from these merchants.
Check through the different merchant's websites and look for the following:
- Are there plenty of products available to promote?
- Are the leading products/brands available to promote?
- Do they have good reviews?
- What are the commission rates for these products?
Most of the time, you will find plenty of good products, but it is worth a quick check before we dive into the niche.
Other Monetisation Methods
Affiliate products are fast and easy, but it's not the only way to make money from your FreshStores.
You may want to try other ways of profiting in the future, so it's worth looking at the potential now. Here are some other monetisation ideas:
Physical Products - Many FreshStore members move into selling their own physical products after getting success in the niche. Is that possible in your niche idea?
Info Products - You may wish to provide your own info products for sale, such as PDF downloads or exclusive videos.
Google Adsense - This will automatically place adverts on your store, and you get paid for every click. Some niches are restricted (e.g. firearms, shocking content).
Info Affiliate Products - Platforms like Clickbank and JVZoo offer high commissions for info products and training courses. Check out what you could promote if this is relevant to your niche.
Partnerships - There are usually opportunities to partner with a product, brand, or other company. You can charge for extra exposure on your store, social pages, and email marketing list.
Link/Article Sales - Other related websites will pay to add links and articles to your store. This is an option in many niches.
Coaching/Services/Time - You may choose to provide coaching, offer services, or otherwise offer your time for compensation within your niche.
- Donations - If you provide a lot of content and help people in the niche, you may want to ask for donations. Platforms like Patreon can facilitate this.
There may be more ideas to monetise in your niche ideas - take a look at what your competitors are doing and be creative with your own ideas.
Rate your niche ideas
Now you have completed this research for each of your niche ideas, enter the columns for:
- Profitability - Give it a rating out of ten, with ten being the highest. This is a rough rating, so trust your gut instinct.
- Good affiliate products? - Yes or no.
- Other Monetisation Ideas - Enter any other ideas you have and notes about them.
We are almost done with research - now it's time to complete the spreadsheet and choose a winner!