ID:1102Author:Claude PelanneTitle:Market Research ? Affiliate Marketing For
BeginnersArticle:A critical phase in setting up any business in general and an
online business in particular, is conducting the right kind of market research
from the very beginning. 2 Critical Characteristics The most common approach is
to find a group of people who share a common interest. This is called a niche.
The niche must have two important characteristics. One is that there has to be a
large number of people with defined needs and wants and the other is there have
to be products and services available to satisfy those wants and needs. Keyword
Research-separate browsers from buyers The most common way people search on the
Web is by typing in words that describe what they are looking for. These words
are called ?keywords? and can consist of a single generic term ?shoes? or can be
made up of several words, ?light summer shoes?. Whatever the composition of the
keywords, your task is to research and create a list of keywords based on the
number of people looking and using the terms for the product or service you want
to market. This will ensure that you develop a business that will have known
steady demand and that you will be offering products and services people want
and need. Keyword Tools How do you to that? You use certain tools that will give
you data to look at. One key tool is called Wordtracker. They offer a free trial
product you can use to see how it works. Another is the Google Adword tool. The
trick is to start with a generic term, ?shoes? for example, and then look at the
list of related keywords that the tool returns. From there you can mine down
using words on the list, ?shoes? can lead you to ?summer shoes? for example.
Repeat the process and see what returns come up. Invariably with a retail
product, brand names will appear and search numbers will show you what the daily
search rate is along with monthly search rates from a list of all the search
engines. The real pros in internet marketing like to see about 100,000 searches
in any given month for a generic term related to the product or service they are
interested in. As you mine down your keyword list you should end up with 100 to
200 keywords in your category that you will use to grow and develop your
business. The standard for a niche is to see if you can find a term that gets 80
searches a day on the low end with not more than 30,000 web pages devoted to
that product or service for that niche. That allows for you to find a way to
compete and establish yourself as you start out. Market Information Sources Once
you have determined what your market is, who your customer is and how you will
reach you niche, you will want to confirm that your online business has a
future. For that there are a number of sources that will help you in staying on
top of your market. Among them are Online Publishes Association, a non-profit
industry trade association that generates online advertising and media
consumption data; ClickZNetwork, a great source of news and information in the
interactive marketing sector; PRWEb.com the largest online press release
newswire and eBay marketplace that publishes transaction trends on eBay. Setting
up Google alerts in your niche area and tracking them on Google reader is
another great way to stay on top of you market. Whatever you chose as your
business, the proper market research in the early phase of your business
development will make the difference between success and failure. So give it the
time and effort it deserves as you set out to make your mark in affiliate
marketing. Affliate marketing for beginners is a process of trial and error. You
can minimize the time and cost with a the right approach and making the right
decisions early on. May Your Travels Be Prosperous. About the author of this
article: over the past 20 years claude pelanne has worked in a series of startup
ventures including some of the first commercial webcasts. he is an internet
marketer and serial entrepreneur. feel free to distribute this article in any
form as long as you include the resource box. for tips and resources to get into
internet marketing visit cpelanne and claudepelanne Category:
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