Finding your Niche
Hello, my friend and future millionaire.
Welcome to this episode of The Money Wheel.
My name is Kris Hutchinson.
Today I wanted to piggyback on what Don said yesterday about affiliate marketing and just to give you a little bit of advice on how to maybe find a good product that’s going to match yours.
What I want you to do is whatever your niche is, and it doesn’t really matter what it is: map out the 10 steps that somebody should go through from just starting out to the final finished product.
For us, it’s creating a business.
So, what are the steps to creating a business?
Especially with an online business, you need to have a website and you need to have a payment processor.
You need to have a good product, and marketing messaging.
There’s all of these steps along the way that you need to have done.
And what we’ve done is: we focused on one or two of those steps and that’s what our product is about.
We have these eight other steps available that someone still needs to know to move from: ‘I don’t have a business’ to ‘now I have a complete online business’.
Those other steps are great places to look for affiliate products.
It’s stuff that will match yours; things that are going to be right in alignment with what you need, but it’s not going to cover the exact same spot.
For us, we have ‘how to build a business’, but one of those steps is maybe ‘how to do a website’.
So if I can find another course that walks someone through, step-by-step exactly how to build a website, that’s something that we could do an affiliate product with.
That’s going to match our marketing and is going to be in alignment with what we’re already selling.
Our customers are already going to be looking for that kind of a product.
And now this 10 step structure works for pretty much any niche.
It could be in relationships or it could be in your health.
If you are more diet focused, in the health niche, then find something that might be related to exercise would work.
Or maybe just how to get better rest at night; different things that are definitely related to how to be healthy, but not necessarily diet driven.
So that’s just something I want you to think about and maybe a little bit of just the structure that you can follow to try to find other products that help you along your way, especially if you’re looking to make some money right away,
That’s everything I have for today on The Money Wheel.