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Multiple Income Streams From Niche Markets


Multiple income streams; exciting words, but what does it mean in every-day English?

In the world of Niche Markets in Internet business, multiple income streams simply means having more than one source of income. This is achieved by making money from more than just one online business.

Each different web site would generally be a different business. They could relate to each other, but not necessarily. You could have businesses that have nothing to do with each other. Both methods are quite successful.

Let's examine different scenarios. How to market unrelated products? In the offline world, we are quite accustomed to seeing a little bit of just about everything sold in department stores, from razor blades to baby clothes to fashion dresses to living room furniture to washers and dryers, and so on.

Is this how it is done in the online world? Absolutely, but it is not the only method. Mega Internet stores have evolved in such a way that to compete, you must be huge, and have tons of money to finance the operation, including the cost of the ever-changing web site. The competition and horrendous costs leave no room for the little guy, so he has to find another way to do business.

Enter the newcomer, looking for a way to make a living on the Internet. Seeing he can't compete selling a large mix of hard goods and soft goods, he can decide on a "niche" product to market. A niche product simply means specializing in one key product, or just a few related products.

This concept applies to both hard goods (items that must be shipped), as well as to downloadable information products.

This opens up a whole new world of possibilities, and it means a whole different way of conducting business. Specialization is often achieved using mini-sites that sell only one product. The mini web site might have from one to five pages, but usually just a single page.

Your information product that you want to sell needs a web site, hosted by a web hosting provider that provides you their service at a reasonable cost. Let's assume you started selling your product, and after a few months it is bringing in some income. It might amount to $1,000 up to $3,000 per year.

That's not too bad, and is worth keeping, but certainly not enough to make a living with. This is where the concept of multiple income streams comes in. During the months that your business is building, you could be looking for other ideas. You find one that excites you, and more importantly you do the research and discover a good potential for attracting customers. So you go ahead with a second web site.

You have now achieved multiple income streams! Over time you have other great ideas. Actually, you are now up to four web sites with different ideas. Two of them are related information products, and the other two are hard goods.

All four are successful. Each one separately does not make enough to live on, but the combined four bring you in respectable dollars.

But how are we controlling our costs? This is important to do, seeing we have the cost of some advertising as well as the web site costs. We found it necessary to build a customer list for each different product, and periodical emails are sent to your list. All these costs can become quite extensive, almost prohibitive.

So, what do we do? How can we maintain our buinesses, yet keep our overhead down to where it isn't cutting hugely into profits?

One critical aspect to look at is your hosting and to look for a web site hosting service that includes all or as many tools that you need in order to do some serious Internet business.

The tools aren't all you need to consider. Sure having a hosting service that gives you an autoresponder is certainly a huge help. But, we have four sites here to market and at the average rate of $24.95 a business, that's close to $100 a month, a pretty steep bill especially if you are just starting out.

Now we are looking for a host that will provide all the tools we need to run our businesses, plus we want one that will allow sub-domains in case we have closely related businesses. Can we get it all at one low and affordable price.

In addition to the tools we need and the overall hosting package we need for FOUR businesses, we are all about multiple income streams, so let's see if there is a way to benefit (PROFIT) from the hosting company as well.

Many hosting companies now offer an affiliate program where you can earn a commission by referring a business and gaining customers. That's pretty much a given, however the KEY is to ensure that the commission is recurring and not just a one time commission. Not sure what I mean about recurring income? Check the link out below for more information on recurring income streams

This is all great but the question now "Is there really a hosting company out there that will give me all the tools, let me host multiple sites for one reasonable price AND on top of that let me build another income stream?"

The answer is yes and you can read my review of Recurring Income Streams and how a company called "ThirdSphere" is an excellent example. At the same time you can learn the difference between Multiple Income and Recurring Income Streams. Read about it here: http://www.bestaffiliateproducts.com/thirdsphere.html

Having Multiple Income Streams using Niche Marketing is mandatory in today's Internet Marketing world?that is, if you want to make any serious money. Internet Marketing today has become much too competitive, and the newcomer has very little chance of breaking in.

Niche Markets, each with their own web site and relevant content is THE best solution. Niche Marketing is the hottest topic on the Net today. Niche Marketing is featured on my web site at Best Affiliate Products, and you can learn much more about it there.

I'll see you soon, in Niche Country.

Fred Farah - Copyright 2004

Best Affiliate Products and Niche Market Strategies
Subscribe to Niche Market Strategies Newsletter
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Todays News by officejax surplus outletMORE AFFILIATE REVENUE RESOURCES updated Fri. March / 29 / 2024

15 Affiliate Marketing Programs to Grow Your Affiliate Revenue - Influencer Marketing Hub
15 Affiliate Marketing Programs to Grow Your Affiliate Revenue  Influencer Marketing Hub

Inside the Affiliate Marketing Product Boom: A Founder's Perspective on Market Trends - hackernoon.com
Inside the Affiliate Marketing Product Boom: A Founder's Perspective on Market Trends  hackernoon.com

TV Stations' Pay TV Affiliate Revenue Will See Erosion: Wells Fargo 11/16/2023 - MediaPost Communications
TV Stations' Pay TV Affiliate Revenue Will See Erosion: Wells Fargo 11/16/2023  MediaPost Communications

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

How Wirecutter's social strategy led to increased Prime Day affiliate revenue - Digiday
How Wirecutter's social strategy led to increased Prime Day affiliate revenue  Digiday

How to Make Money as an Amazon Affiliate in 2024 - Jungle Scout
How to Make Money as an Amazon Affiliate in 2024  Jungle Scout

As affiliate marketing gets competitive, a new brand playbook emerges - Modern Retail
As affiliate marketing gets competitive, a new brand playbook emerges  Modern Retail

How Affiliate Platform Howl Fell Millions Behind on Payments - Adweek
How Affiliate Platform Howl Fell Millions Behind on Payments  Adweek

Guide to Affiliate Marketing | CO- by US Chamber of Commerce - CO— by the U.S. Chamber of Commerce
Guide to Affiliate Marketing | CO- by US Chamber of Commerce  CO— by the U.S. Chamber of Commerce

Affiliate Revenue: still a publisher's best eCommerce bet? - Media Makers Meet
Affiliate Revenue: still a publisher's best eCommerce bet?  Media Makers Meet

How publishers can regain traffic and revenue with affiliate marketing - Search Engine Land
How publishers can regain traffic and revenue with affiliate marketing  Search Engine Land

AMC Networks Q3 Results Hit By Drops In Advertising And Affiliate Revenue - Deadline
AMC Networks Q3 Results Hit By Drops In Advertising And Affiliate Revenue  Deadline

Affiliate Fees Help Fox Eke Out Q4 Profit Despite Ad Declines - Variety
Affiliate Fees Help Fox Eke Out Q4 Profit Despite Ad Declines  Variety

The State of Affiliate Marketing: Benchmark Report (2023) - Influencer Marketing Hub
The State of Affiliate Marketing: Benchmark Report (2023)  Influencer Marketing Hub

45 Best Affiliate Programs for Marketers and Creators (2024) - Shopify
45 Best Affiliate Programs for Marketers and Creators (2024)  Shopify

With Its Novel Affiliate Model, The Sporting News Bets on Lifetime Value - Adweek
With Its Novel Affiliate Model, The Sporting News Bets on Lifetime Value  Adweek

26 High-paying Affiliate Programs for Beginners - Influencer Marketing Hub
26 High-paying Affiliate Programs for Beginners  Influencer Marketing Hub

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

Top Affiliate Marketing Statistics for 2023 - Influencer Marketing Hub
Top Affiliate Marketing Statistics for 2023  Influencer Marketing Hub

22 Best Affiliate Management Software Solutions for 2024 - Influencer Marketing Hub
22 Best Affiliate Management Software Solutions for 2024  Influencer Marketing Hub

Start Earning With the Amazon Affiliate Program in 2024 - Shopify
Start Earning With the Amazon Affiliate Program in 2024  Shopify

How the Disney-Charter Deal May Affect Affiliate, DTC Revenue - Next TV
How the Disney-Charter Deal May Affect Affiliate, DTC Revenue  Next TV

The Sporting News raises $15 million after shift to affiliate revenue focus - Awful Announcing
The Sporting News raises $15 million after shift to affiliate revenue focus  Awful Announcing

From TikTok Shop To Amazon Affiliates, We're All Working On Commission - Bustle
From TikTok Shop To Amazon Affiliates, We're All Working On Commission  Bustle

MAP Launches Revolutionary New Affiliate Platform to Help Marketers Generate High Ticket Sales - WebWire
MAP Launches Revolutionary New Affiliate Platform to Help Marketers Generate High Ticket Sales  WebWire

As Klarna aspires to be a global bank, affiliate marketing is its cash cow - Sifted
As Klarna aspires to be a global bank, affiliate marketing is its cash cow  Sifted

Top 19 Affiliate Marketing Tools to Boost your Affiliate Revenue - Influencer Marketing Hub
Top 19 Affiliate Marketing Tools to Boost your Affiliate Revenue  Influencer Marketing Hub

How to Join the Amazon Affiliate Program in 2024 - Influencer Marketing Hub
How to Join the Amazon Affiliate Program in 2024  Influencer Marketing Hub

Levanta Review | Pricing & Features (2024) - eCommerce Platform - Influencer Marketing Hub
Levanta Review | Pricing & Features (2024) - eCommerce Platform  Influencer Marketing Hub

How To Create a Successful Affiliate Program (2023) - Shopify
How To Create a Successful Affiliate Program (2023)  Shopify

YouTube Affiliate Marketing: 7 Pro Tips to Earn Extra Income in 2024 - Shopify
YouTube Affiliate Marketing: 7 Pro Tips to Earn Extra Income in 2024  Shopify

Disney’s Fiscal 2023 Results: Content Spending Eases, Streaming Proceeds Eclipse Affiliate Revenue As ESPN Penetration Falls To 71M Households - Deadline
Disney’s Fiscal 2023 Results: Content Spending Eases, Streaming Proceeds Eclipse Affiliate Revenue As ESPN Penetration Falls To 71M Households  Deadline

How To Start Affiliate Marketing in 2024 - Shopify
How To Start Affiliate Marketing in 2024  Shopify

The New York Times expects ad revenue to continue to decline in 2024 - Digiday
The New York Times expects ad revenue to continue to decline in 2024  Digiday

Fox Advertising Revenue Down 20 Percent to $2B, But Company Hits Wall Street Expectations - Hollywood Reporter
Fox Advertising Revenue Down 20 Percent to $2B, But Company Hits Wall Street Expectations  Hollywood Reporter

Rupert Murdoch “Still Very Much Involved” at Fox Corp. Despite Title Change, Lachlan Says - Hollywood Reporter
Rupert Murdoch “Still Very Much Involved” at Fox Corp. Despite Title Change, Lachlan Says  Hollywood Reporter

Instagram Affiliate Marketing: Everything You Need to Know in 2024 - Shopify
Instagram Affiliate Marketing: Everything You Need to Know in 2024  Shopify

The 15 Best High-Ticket Affiliate Marketing Programs (2023) - Shopify
The 15 Best High-Ticket Affiliate Marketing Programs (2023)  Shopify

Retail Affiliate Programs: A Complete Guide (2024) - Shopify
Retail Affiliate Programs: A Complete Guide (2024)  Shopify

How To Make Affiliate Links: Benefits and Examples (2023) - Shopify
How To Make Affiliate Links: Benefits and Examples (2023)  Shopify

Paramount Global (PARA) Q3 Earnings Fall Y/Y, Revenues Miss - Yahoo Finance
Paramount Global (PARA) Q3 Earnings Fall Y/Y, Revenues Miss  Yahoo Finance

19 Best Affiliate Marketing Websites You Should Check Out in 2024 - Influencer Marketing Hub
19 Best Affiliate Marketing Websites You Should Check Out in 2024  Influencer Marketing Hub

16 Affiliate Marketing Tips and Strategies To Earn More Money (2023) (2024) - Shopify
16 Affiliate Marketing Tips and Strategies To Earn More Money (2023) (2024)  Shopify

Fox Ad Revenue Tumbles 20% Due to Lower Ratings, Political Ad Revenue - TheWrap
Fox Ad Revenue Tumbles 20% Due to Lower Ratings, Political Ad Revenue  TheWrap

9 Best Forex Affiliate Programs 2024 - Techopedia
9 Best Forex Affiliate Programs 2024  Techopedia

AMC Networks Falls Short of Q3 Revenue Expectations With $637 Million Due to Lower Ad and Affiliate Revenue - TheWrap
AMC Networks Falls Short of Q3 Revenue Expectations With $637 Million Due to Lower Ad and Affiliate Revenue  TheWrap

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

How To Start Affiliate Marketing in 2024 - Shopify
How To Start Affiliate Marketing in 2024  Shopify

Amazon slashes affiliate commissions: What's next for publishers? - Media Makers Meet
Amazon slashes affiliate commissions: What's next for publishers?  Media Makers Meet

16 Affiliate Marketing Tips and Strategies To Earn More Money (2023) (2024) - Shopify
16 Affiliate Marketing Tips and Strategies To Earn More Money (2023) (2024)  Shopify

10 Top Affiliate Marketing Platforms for Ecommerce Brands (2023) - Shopify
10 Top Affiliate Marketing Platforms for Ecommerce Brands (2023)  Shopify

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

Did Tax Cuts and Jobs Act of 2017 Increase Revenue on US Corporations' Foreign Income? — Penn Wharton Budget ... - Penn Wharton Budget Model
Did Tax Cuts and Jobs Act of 2017 Increase Revenue on US Corporations' Foreign Income? — Penn Wharton Budget ...  Penn Wharton Budget Model

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

Top 8 Affiliate Marketing Strategies for 2024 - Influencer Marketing Hub
Top 8 Affiliate Marketing Strategies for 2024  Influencer Marketing Hub

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

The Direct Link between Faster Payouts and Affiliate Revenue - Hello Partner
The Direct Link between Faster Payouts and Affiliate Revenue  Hello Partner

How To Create a Successful Affiliate Program (2023) - Shopify
How To Create a Successful Affiliate Program (2023)  Shopify

A Beginner's Guide to Affiliate Marketing - Influencer Marketing Hub
A Beginner's Guide to Affiliate Marketing  Influencer Marketing Hub

Affiliate Links for Small Business: What You Must Know - Business News Daily
Affiliate Links for Small Business: What You Must Know  Business News Daily

How To Start Affiliate Marketing in 2024 - Shopify
How To Start Affiliate Marketing in 2024  Shopify

How To Create a Successful Affiliate Program (2023) - Shopify
How To Create a Successful Affiliate Program (2023)  Shopify

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

The future of publishers and affiliate marketing in times of search with AI - Media Makers Meet
The future of publishers and affiliate marketing in times of search with AI  Media Makers Meet

Why affiliate revenue's time has come: Publisher insights from Affiliz - Media Makers Meet
Why affiliate revenue's time has come: Publisher insights from Affiliz  Media Makers Meet

31 Best Affiliate Programs to Build a Passive Income Stream - Influencer Marketing Hub
31 Best Affiliate Programs to Build a Passive Income Stream  Influencer Marketing Hub

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

How To Start Affiliate Marketing in 2024 - Shopify
How To Start Affiliate Marketing in 2024  Shopify

Media Briefing: How publishers approached the Amazon sales event amid a breaking news cycle - Digiday
Media Briefing: How publishers approached the Amazon sales event amid a breaking news cycle  Digiday

How To Create a Successful Affiliate Program (2023) - Shopify
How To Create a Successful Affiliate Program (2023)  Shopify

AMC Networks Earnings Drop As Ad, Affiliate Revenues Fall - Next TV
AMC Networks Earnings Drop As Ad, Affiliate Revenues Fall  Next TV

How To Create a Successful Affiliate Program (2023) - Shopify
How To Create a Successful Affiliate Program (2023)  Shopify

One Year In, The Wall Street Journal's Buy Side Is Fine-Tuning Its Affiliate Strategy - Adweek
One Year In, The Wall Street Journal's Buy Side Is Fine-Tuning Its Affiliate Strategy  Adweek

Sinclair Earnings: Upcoming Affiliate Renewals and 2024 Political Revenue Won't Change Our Outlook - Morningstar
Sinclair Earnings: Upcoming Affiliate Renewals and 2024 Political Revenue Won't Change Our Outlook  Morningstar

How To Create a Successful Affiliate Program (2023) - Shopify
How To Create a Successful Affiliate Program (2023)  Shopify

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

Footballco says it will grow affiliate revenues by 300% in 2023 in drive away from advertising - Press Gazette
Footballco says it will grow affiliate revenues by 300% in 2023 in drive away from advertising  Press Gazette

How To Create a Successful Affiliate Program (2023) - Shopify
How To Create a Successful Affiliate Program (2023)  Shopify

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

10 Top Affiliate Marketing Platforms for Ecommerce Brands (2023) - Shopify
10 Top Affiliate Marketing Platforms for Ecommerce Brands (2023)  Shopify

Top 10 Tips for Becoming an Affiliate Marketer on Facebook in 2024 - Influencer Marketing Hub
Top 10 Tips for Becoming an Affiliate Marketer on Facebook in 2024  Influencer Marketing Hub

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

How the Klarna Affiliate Marketing Strategy Has Boosted Revenue - Affiverse
How the Klarna Affiliate Marketing Strategy Has Boosted Revenue  Affiverse

Twitch announces 60/40 revenue split in expanded Plus Program - TechCrunch
Twitch announces 60/40 revenue split in expanded Plus Program  TechCrunch

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

How To Create a Successful Affiliate Program (2023) - Shopify
How To Create a Successful Affiliate Program (2023)  Shopify

Disney reveals ESPN revenue breakdown for the first time - Yahoo Finance
Disney reveals ESPN revenue breakdown for the first time  Yahoo Finance

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

Pinterest Affiliate Marketing: How To Make Money Pinning (2024) - Shopify
Pinterest Affiliate Marketing: How To Make Money Pinning (2024)  Shopify

11+ Newest Ways to Promote And Monetize Affiliate Links - Adam Enfroy
11+ Newest Ways to Promote And Monetize Affiliate Links  Adam Enfroy

What Is Affiliate Marketing? Everything You Need to Know in 2024 - Shopify
What Is Affiliate Marketing? Everything You Need to Know in 2024  Shopify

Affilizz launches 'Magic Match', allowing publishers to build affiliate revenues at scale in real time - Media Makers Meet
Affilizz launches 'Magic Match', allowing publishers to build affiliate revenues at scale in real time  Media Makers Meet

How to make money on YouTube in 2024 (and what creators should expect) - Sprout Social
How to make money on YouTube in 2024 (and what creators should expect)  Sprout Social

Affiliate Marketing for Beginners in 2024: Make $2500 Per Day - Adam Enfroy
Affiliate Marketing for Beginners in 2024: Make $2500 Per Day  Adam Enfroy

“The juice is worth the squeeze”: 17Bn reasons why affiliate marketing has come to the fore - Media Makers Meet
“The juice is worth the squeeze”: 17Bn reasons why affiliate marketing has come to the fore  Media Makers Meet

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