[UPDATED] Affiliate marketing is one of the most successful money making gigs you could take on these days. But first, a bitter truth about the state of things: Spending goes down at the start of every year, but the market for products that are both niche and trending is rarely ever doom and gloom.
So what’s an affiliate marketing? In simple words, I’d like to define it as a partnership between the maker/seller of a product/service and your online store. You don’t really have to tie the knot, but simply create an affiliate tracking id, and sell the product or service on your platform. The profit of the sales is split between you and the product/service provider.
What’s So Good About Selling as an Affiliate?
When I said that affiliate marketing is one of the best money making gigs, it’s not necessarily applicable to everyone. You might just want to engage your customers or wish to keep up with the trends of the industry. Irrespective of the motive, the real challenge is deciding on what really sells. This simple notion puts you on the right path.
There are a lot of sellers that offer enticing commissions and offers for affiliate sales. Whether you’re a newcomer to the ecommerce world or looking for new revenue streams, choosing the right affiliate program and products is your key to success.
First and foremost, without even putting much efforts, you’re expanding your catalogue. But be careful. You don’t want to overcrowd your store with irrelevant and slow-moving products. Staying on top of the trends means that you sell what sells Right Now. At the same time, you must make sure that your marketing expenses remain as low as possible and the entire marketing process is as efficient as possible. Targeting specific audience is easy, less expensive and pays off great. Needless to say, your profits increase while you simultaneously build customer trust and loyalty.
At the same time, you don’t want to miss out on hitching a ride on the back of a trend in 2018. If you remain undecided, you will not be able to create a unique value proposition with products that are sure to be hip in the near future.
So jumping on a bandwagon is not that bad afterall!
Without further ado, here’s a list of some of the top affiliate products to sell in 2018.
Yes, exactly. Sell virtual reality! Virtual reality products are finally taking off. Companies selling VR products (and services) now enjoy increased public interest because of the improvements in the VR technology. Even though many believe that VR is already ahead of the capacity of the current technologies, 2018 might just be the year where we see a breakthrough.
At any rate, understand that nobody could deny the huge potential and thus the market for VR focused products and services. Mark Zuckerberg, announced that Facebook is launching a new virtual reality headset that would ship next year. He confirmed that although it is already too late for this holiday season, the launch would be likely ahead of the rivals.
Drones have really grown in popularity. Although there are so many restrictions around flying one, it’s market has shown no sign of slowing down in the upcoming year. These days, drones are not just used for recreation, they are also used for commercial purposes in fields including photography.
And the best part is, there are a lot of drone manufacturers and various existing affiliates program in this growing industry.
Gone are the days when you would need to sell several body parts to be able to afford a printer. However, the cost of ownership has significantly gone down, with predictable results. It is now very much possible for anyone to own a portable 3D printers.
3D printers are more than just a hobby tool. There are serious applications of the technology in many fabrication and manufacturing scenarios. With the growing belief that 3D printer are now much accessible to own, you shouldn’t miss out on the opportunity and take advantage of this emerging trend.
No, I don’t mean cheap handsfree and plastic phone cases!
Given the launch of flagship and mid-range phones, the market for phone accessories still remain hot. However, instead of wasting your time and money on cheap imitations, this holiday season is the perfect opportunity to partner with top accessory manufacturers. The range of accessories include LED-backed phone cases, no-brand wireless earbuds and bluetooth based products.
Portable LED Projectors
The days of using bulky projectors are history now. These days, portable LED projectors that can fit almost anywhere have become very popular simply because they don’t put a huge burden on the pockets of the customers. With the sales soaring, these devices present an ideal opportunity for affiliates who are looking for new products to sell. Related products include lenses, stands, and bags.
Home automation industry has grown a lot during the past five years, mainly due to several significant innovations including smart speakers, smart TVs, and smart hubs for Smart Homes. As a result, these devices have a strong consumer following that directly translates into a lucrative market for the affiliate marketers.
Interested marketers can contact home automation device manufacturers to get devices on discount prices to promote and earn higher commissions. Usually, home automation products witness a spike around the middle of the year. You can however go sub-niche and create a target market of your own by promoting specific devices.
Security & Surveillance Systems
Have you heard the saying, ‘when in a gold rush, sell shovels.’
In the current scenario of uncertainty and degrading security in many countries, the demand for security & surveillance equipment is on the rise. Due to this high demand, the market is really hot and will only get hotter. This is a lucrative opportunity for marketers who are active in the safety and security industry.
Low cost hoverboards have become a great hobby item. With the demand rising exponentially, the credit mainly goes to Chinese manufacturers, who have taken the market by storm (by selling their low cost replicas).
To start, discussing an initial deal with popular hoverboard manufacturers is a wise choice for marketers who are interested in these products. Once a sizable market has been achieved, they can go into the big league and promote hoverboards, electric scooters, and other self-balancing hobby vehicles.
Wearables has gone mainstream in the recent years and you could people wearing one or more categories of wearables. A popular niche in wearables is the health focused devices that allow the wearer to monitor health in realtime without visiting the doctors’. They pose a golden opportunity for the marketers to get better commissions on their promotions.
A tip for success: Instead of partnering with a single wearable manufacturer, go for large ecommerce stores that target wearable customers. You will get low product costs and higher commissions. Or, try CPA marketing by creating landing pages and promoting the products on social media.
Managed Cloud Hosting
There is a growing demand for managed cloud hosting services because not everyone with an idea is an expert in server management. Website owners, developers, agencies and even freelancers nowadays prefer not to deal with the hassles of hosting simply because managed hosting solutions save a lot of time and effort for the users. Providers like Cloudways offer various affiliates programs with great commissions.
Some Tips for the Future
Being an affiliate, you should always stay updated with the current market trends. Much of the products and services that you choose might have a short-lived trend and will soon become irrelevant. It is best that you keep a close watch on the viability of the products and the things that work best for your business.
More importantly, go with your gut. And if you want to make things easy and validate what you see online, use tools like Google Trends or popular and best selling products on marketplaces like Amazon.
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