equitymillions

Let this be a word to the wise, and a testimony that even professionals can get burned.

Lately, I had decided that it was about time that I churn out some niche stores. What better way to earn some quick money by selling a profitable niche store in order to seed larger projects. There are really 2 choices when it comes deciding on a partner for a niche store: Amazon and eBay. For my purposes and the niches I was trying to target, the eBay Partner Network seemed the right fit. With software packages such as Build a Niche Store (or BANS for short) and the phpBay WordPress plugin, it would be extremely easy to get multiple sites up and making a profit, especially with the methods I learned from the Equity Millions system.

However, while I excitedly submitted my application and waited for a response, eBay purged some 300 affiliates from their program. No explanation, and only 7 day’s notice, with no option remedy the situation. A couple weeks later, I received a response. In the end, my application was denied. All that time and effort was wasted.

Or was it?

Since I was using the phpBay plugin for WordPress so that I would have an integrated blog with my store, I noticed in the admin area a link to join the Pepperjam Network. I checked them out and noticed that they had a partnership with eBay. Through joining the Pepperjam Network, I could still become an eBay affiliate. My time and resources were not wasted after all. I could still set up my niche stores, and through the methods taught in the Equity Millions system, sell them for a nice profit.

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Market research for your website is in many ways easier than most other market research online. You can use traditional niche research methods, which does work, but it can be time consuming. It is simply easier to go to places where you list websites for sale, and emulate ones that have sold. As they say, imitation is the sincerest form of flattery.

One of the most obvious places to go is the Sitepoint Marketplace. If you’re starting out, it may be best to view the Startup Web Sites for Sale, though if you have some capital or are a bit more experienced, you could take a look at the Established Web Sites for Sale or Premium Web Sites for Sale. Though sometimes listings are taken down prematurely due to private sales, you may notice that the web sites that do sell through Sitepoint are “grayed out” when viewing the listings. Click on one of the “grayed out” listings. The higher the selling price, the better.

Another place you can do some research is at the Clickbank Marketplace. Select any categoy that interests you, and sort by High Gravity. Gravity, according to Clickbank, is a weighted score determined by the number of disticnct affiliates who have recieved a commission from referring a customer to the product. Take a look at any program or product with a gravity score of over 100.

Once you have found a site, your next step is to imitate it. I’m not advocating plagirism here, but try and match the layout and featues as closely as possible. Don’t be too concerned with truely unique content or the software involved. An open source CMS package like WordPress or Joomla will do in most cases, and there are plenty of free themes and plugins available to dress up your site and add functionality.

All you need now is to add content. If it’s articles you need, there are many sites that list articles with reprint rights. If it’s a product such as an ebook, you can purchase a product with master resale rights and repackage it, or go to sites like GetAFreelancer.com and get something custom made. After that, all that’s left for you to do is list the site for sale on Sitepoint, or use some methods from the Equity Millions system and sell it for even more money. Not a member of Equity Millions? Click Here to join now!