Since I think one of the easiest (and quickest) ways to start making money online is affiliate marketing – promoting someone else’s product – the first thing to do is to find a product that we can earn a commission from.

So where do you start when there is so much to choose from?

There are really two main methods of finding a profitable product or niche:

1) Search for hot niches and what problems people have and find a product to solve that problem or and item that is currently a hot trend.

These buyers are usually “desperate” – they need to find a solution to their problem right away, or “passionate” – they want the latest must have item.

If you can get in early enough before everyone else starts getting the same idea, hot trends can be very profitable.

You can find hot trends by looking at Google’s Hot Trend to find what people are searching for: http://www.google.com/trends/hottrends or you can just keep an eye on the marketplace and the news to see what is hot at the moment.

The other way to choose a product is:

2) Just promote what is already selling well.

This method can be a little harder because you’ll have a lot more competition, but it makes sense that if something is already selling well there must be a high demand for it and trying to get a small chunk of the large pie is better than choosing a product at random that may not sell at all.

You can find out what products are selling well at most marketplaces (most stores have a bestseller or hot products page).

Let’s look at the top three marketplaces that most people start with when affiliate marketing:

eBay: http://pulse.ebay.com (top searches on eBay)
Amazon: http://www.amazon.com/gp/bestsellers (bestselling products in many categories)
ClickBank: http://www.clickbank.com/marketplace.htm (search for high gravity)

Next post I’ll start showing you how to choose your offer from the many available in Affiliate Marketing Step 2: Choosing Your Product

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