If forex not a good niche to focus on.since I m aspending lot on it ,so please advice

Discussion in 'ClickBank' started by guptishika, Sep 7, 2008.

  1. #1
    Is FOrex trading software a really competitive niche,I mean is it not possible to

    gain succes in this ,since I am spending lot of time and money to promote only

    forex products of Norb.FIrstly I m outsourcing 100 articles per month on

    Forex,and doing SEo of my landing page also which is on my domain,so my

    strategy as of now is to write atleast 100 articles on FOrex per month and do

    other SEo for the landing page like directory submission,social

    bookmareking,comment posting etc.

    IF even I consistently make 10 sales per months it is enough for me.But is it possble in forex niche.
     
    guptishika, Sep 7, 2008 IP
  2. Supper

    Supper Peon

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    #2
    I advise you to stay away from it because it's just not residual enough. Your articles turn into one time things. You submit them once, they get their traffic, you get a sale (maybe), than they're totally useless.

    I have niches I haven't written articles for in over a month and they're still producing sales regularly.

    Build a solid foundation. That's all I can say. Forex is not a solid foundation, unless you're a product owner with people selling for you.
     
    Supper, Sep 7, 2008 IP
  3. chickut

    chickut Banned

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    #3
    I agree with Supper. You write articles, they get published, but unless you get into the search engine rankings you should expect your article only to be hot for a week at most.
     
    chickut, Sep 7, 2008 IP
  4. JayXtreme

    JayXtreme Guest

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    #4
    Head over to NicheChoppers forum and they may be able to guide you a little in the direction you want to go..

    Peace

    J
     
    JayXtreme, Sep 7, 2008 IP
  5. guptishika

    guptishika Active Member

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    #5
    oh so the ultimate purpose for writing articles to ezine is to get good ranking in SE oderwise dey dont serve any

    value u mean,so for that reason i shall focus on less competitve niche like fat loss,other money making

    schemes,softwares etc.
    But i was attracted to Forex because the commision was reallygood so even if we can get 10 sales per month is gud enough .But to rank in SE,only writing good articles with less competive keyword,is that only enough.
     
    guptishika, Sep 7, 2008 IP
  6. Supper

    Supper Peon

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    #6
    Your articles have a few purposes:

    1. Drive short term traffic to your site.
    2. Drive long term traffic to your site.
    3. Increase the authority of your site.

    There are some more like building up your name and stuff, but that's another story.

    Forex articles produce in the short term, mainly from the traffic floating around EZA. I don't think any of it is from the SE's. In the long run, the articles are forgot about and you don't get anything.

    There are some great smaller sub niche areas to go into. I made a sales page for a particular product on Wednesday, submitted an article on Thursday and it was accepted on Friday and had two sales for it on Saturday.

    It's not a long term thing. To increase your income, you have to start leveraging work. If you want to make a $800/month, selling 10 products at $80 commissions in forex, you're going to have to put in the same exact work every single month for that.

    Leveraging allows the work you did months before to earn you commissions. So instead of doing the same amount of work making $800/month, you'll gradually increase over time.

    You're still pretty new, don't try compromising a solid foundation for the sake of making more money now.
     
    Supper, Sep 7, 2008 IP
  7. bl4ckmaN^

    bl4ckmaN^ Well-Known Member

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    #7
    Before I used to think that it's possible to find good long tails in any niche, but now I realize, that I was wrong....

    Forex, making money online, marketing, these type of niches are competitive even within long tails, so it's probably a good to avoid such niches.

    There are lots of good others niches, as Supper said, and it's much easier to rank for them...
     
    bl4ckmaN^, Sep 7, 2008 IP
  8. popedope

    popedope Well-Known Member

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    #8
    I make a lot of sales of Forex products and I'm doing it with natural and viral exposure :D
     
    popedope, Sep 7, 2008 IP
  9. mikey1090

    mikey1090 Moderator Staff

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    #9
    VERY hard. SEO is killer. PPC is a nightmare.

    Bum marketing is near impossible with there being so much competition for your keywords. Obviously killer, tracer, funnel, brotherhood etc wasn't the first around. Other forex software sold outside clickbank has been ranking for years. Taking them down would take years, although could work out quite well.
     
    mikey1090, Sep 8, 2008 IP
  10. guptishika

    guptishika Active Member

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    #10
    Yea fine I understand it is tough to dominate FOrex niche,but by writing atleast 100 articles per month and working to bring some baclinks to this articles,cant we expect to get atleast around 10 sales also.
    Anyway will work upon it and see for myself,how it goes.
    So you mean for any less competitive niche,If I write so many long tail keywords,then I can expect recurring sales may be monthly,so how many hops per month are you getting and from that how many sales.
     
    guptishika, Sep 8, 2008 IP
  11. hamidap

    hamidap Active Member

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    #11
    It's impossible to tell anyone what to expect - if I wrote 100 articles in any of my niches I'd expect at least 100 sales. BUT you may not even get 10 depending on how they're written.
     
    hamidap, Sep 8, 2008 IP
  12. Supper

    Supper Peon

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    #12
    This is what I've been trying to point out. You're not going to get anymore sales from your articles overtime. You won't rank unless it's a piss poor long tail keyword that barely anyone searches. It's not like I'm talking out my ass, I've done this. It's not residual at all. You'll only make money on the initial traffic, nothing down the long term.

    Like I said, stop thinking about how much you could make to sustain yourself and learn to make money. From an experience point of view, a commission of $18 is the same as $80.
     
    Supper, Sep 8, 2008 IP
  13. bunch

    bunch Peon

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    #13
    I think maybe if you use some long tailed key words it might help... I can't say for sure b/c I have just changed some keywords and hope they work... Forex Market is tough to say the least.
     
    bunch, Sep 8, 2008 IP
  14. antantnz

    antantnz Member

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    #14
    i have found the forex market tough ... and although i've made some sales, it's been hard to establish a consistent sales pattern ... it is very competitive, there's no doubt about that ... but you may be able to get results - everyone's experience is different :)
     
    antantnz, Sep 9, 2008 IP
  15. terryd

    terryd Well-Known Member

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    #15
    Forex is a tough market but there are keywords that aren't as competitive as others that will give you a constant stream of traffic. Just break down the forex niche and try and dominate a keyword phrase which has a reasonable amount of traffic a bit of SEO here and there and you should be good to go.

    Your only preselling on your page, let the vendors page do the hard sell, your job is just to get the surfer to the vendors site so they can do the selling for you.
     
    terryd, Sep 9, 2008 IP
  16. kinitex

    kinitex Well-Known Member

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    #16
    But you dont want to rush them there either. You need to get them to want to go there, not trick them so when they get there they are like ok wtf is this. I see people direct linking all the time with ads like "SCAM DONT BUY THIS" and then they just direct link to the vendor. I would be amazed if he ever got a sale like that.
     
    kinitex, Sep 9, 2008 IP
  17. terryd

    terryd Well-Known Member

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    #17
    Yup that's true, don't try and trick people just to get them through to the vendors page.

    If you do a compelling job it will just be the next logical step for the surfer to take and hopefully it will mean a nice commission at the end of it for you.
     
    terryd, Sep 9, 2008 IP
  18. guptishika

    guptishika Active Member

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    #18
    hmm I guess I have put my hands in wrong niche,but no options since wrote lot of articles done lot of SEO work,so let see the results,if doesnt see result put my efforts to less competitve nice,since I m planning to submit atleast 200 articles per month,so I guess instead of Forex niche if I do for other niche I may get upto20-30 sales which wil give me beter money than forex.
     
    guptishika, Sep 9, 2008 IP
  19. MedicAffiliate

    MedicAffiliate Peon

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    #19
    Forex has too many good affiliates promoting it to leave much room for trial and error, just click around in CB, you'll eventually stumble across a product with virtually no competition, maybe the few half-assed unbearably crappy sites and you can eat them alive with the kind of work you plan to do. Just make sure to cross-check that with the adwords tool and keyword discovery to make sure there are atleast 2-3k searches per month for the niche as a whole. It's often that when a topic has relatively few searches (<3k) that the most buyers are likely to be tapped there...they just need a little nudging.

    Anyways, all the best in this endeavour ^^
     
    MedicAffiliate, Sep 9, 2008 IP
  20. Patchkaa

    Patchkaa Peon

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    #20
    The forex niche is trashed man I looked into it made a blog and left it at that!!
     
    Patchkaa, Sep 10, 2008 IP