It’s time for another article in my series where I look at different niches online to show you how they can be a profitable online business. Last time, I took a look at desktop computers and how to sell them online. I talked about a lot of different ways on how to see if that niche could be profitable and what kind of questions people are asking and needing problems solved in that particular niche.
This time, I’m going to take a look at how to sell toys online and see if that can be a profitable niche to get into, especially if you have a passionate for the toy niche. I’ll be looking at a lot of the same things as I did the desktop computers niche, because these particular methods do work for any niche.
Selling Toys Online
Toys have been around for an extremely long time, centuries in fact, in some shape or form and today is no exception. We all had them when we were kids and a lot of toys today may be a little different from what we played with.
There are some though that are still around such as Hot Wheels, Barbie Dolls, and Nerf Guns, to name a few. There tends to be a lot more sophisticated versions of those toys around today, even some that you can connect to a smartphone via an app and add new things to them. I know that there are some Star Wars toys where you can do that.
Toys do come in all kinds of brands, shapes and sizes, so then what needs to be done is to narrow down the toy niche a bit. Hot Wheels continue to sell very well and so if you’re into toy cars and know which ones are good and some you might want to stay away from, that could certainly be an Affiliate Marketing business you can get into.
Another thing is maybe the best toys to purchase as a gift for birthdays or even Christmas. You could do a best of list such as best Hot Wheels or best Star Wars toys. The sky’s the limit on what you can come up with and narrow down your focus in the toy niche.
What Problems Need Solving In The Toy Niche?
People have all sorts of questions and problems when it comes to toys and if you consider yourself an expert or are passionate about the toy niche, you could definitely help those people and if you gain their trust and see that your knowledgeable, they would be more willing to purchase something through you.
There are several ways you can find what kind of questions people are asking online when it comes to toys. Answer The Public is such a great place to go to and find all sorts of questions for any niche that you can think of. It’s easily one of the best research sources online if you’re ever stuck and can’t figure what topic to talk about in your niche or you’re wanting to see what questions people are asking, in this case, in the toy niche.
Here are a few examples of questions being asked when it comes to toys. Can toys be recycled? Who invented toys? Why are toys made of plastic? Which toys are worth money? Which toys are good for babies? What toys are in happy meals now? These are just some of the 80 questions that came up when searching for questions about toys that people are wanting answers to.
If you want to know what people are searching for in the search engines such as Google, you can go to Google itself and find a wealth of information and topics about toys to write about. You’ll use what’s called the alphabet soup technique which is where you type in the niche you’re researching in the search bar and then hit space bar and type in the first letter of the alphabet.
What then will happen is that there will be a drop down list that will appear where that will show toys at the beginning and anything else that starts with the letter A. For example, Toys at Amazon and Toys At Target. You’ll do the same thing for the rest of the letters of the alphabet.
There’s also another slight variation of that I haven’t really talked about, but works really well too. We’ll be staying at Google and in the search bar, you’ll type a and then hit the space button and then type toys. A drop down list will pop up giving you more suggestions with whatever letter you put before toys. For example, when I type in d and then toys, what comes up are things like dog toys, dinosaur toys, discovery toys, dog puzzle toys, Disney car toys, and more. This will open more ways for you to add content to your website about toys should you decide to go this route. Now let’s take a look to see if toys will be a profitable venture to get into.
How To Tell If It Will Be Profitable
One of the quickest and easiest ways to tell if something will be profitable or not is to see what they are selling for online. In this case, we would be checking the different prices of toys. All you have to do is type in toys in the search bar of Google and hit enter. What you should see at the top or to the side, is a list of different toys for sale as well as their prices and where they’re being sold at online.
Some of the things I see are many toys being sold for a minimum of $30.00 on up to $100.00 or more. That’s certainly not bad and depending on what you focus on regarding toys, you could certainly do well with an online business.
You might be wondering though how you would start selling toys online since of course you don’t make them and you are not an employee of a lot of these companies or sites that are selling them online. This is where Affiliate Marketing comes in and you can make a full time income this way.
The first thing you need to do is find a company that sells toys and then join their Affiliate Program. What this means is that they will allow you to promote their products on your own website and anytime someone makes a purchase through a link on your site, you get a commission from that sale. You won’t get the full price of the sale that’s made, but will instead get a percentage of it.
Now what that percentage is all depends upon the company. Some will only do a very low 1% while some companies could even allow you up to 75%.
Amazon has their affiliate program called Amazon Associates and their commission percentages are anywhere from 1% to 8%. I know that might not seem like a lot, but if you’re good at getting traffic to your website and it’s traffic willing to make purchases, those can certainly add up quickly.
Let’s say you promote a particular toy on the website that costs $325 to purchase and 75,000 people visit that particular page on your website in a month. Now out of that 75,000, only 455 ends up purchasing that item which gives you an 8% commission. That comes to $26 each time someone purchases that particular toy. Again, it might not seem like a lot, but if 455 people ends up buying it, you’ve made over $11,000 for that month. That’s what’s so great about Affiliate Marketing and anyone can do this. Let’s take a look now at what all is needed to start setting something like this up.
What You Need To Do To Start Earning Money
If the toy niche is your passion and you want to build an online Affiliate Marketing business centered around that, then you’ll want to have a website which is the best thing online to build an Affiliate Marketing business. I know I’ve mentioned this before on articles similar to this, but owning your own website is like owning a piece of real estate online.
You can blog about all sorts of things on your website and do lots of product reviews in your niche. Remember though, first and foremost is that you’re there to help people and that should be your number one focus. I know everyone wants to make money, but if you can solve peoples problems in the niche you’re targeting and start to gain their trust, they will purchase products through you.
Now in order to get a website, you need to register a domain name which is the url or website address to your site. You can see what’s available at places such as goddady.com as it’s a domain hosting site. You usually want to try and go for one with a .com designation, but .org and .net can work as well.
Once you’ve found a domain name that you like and is available, you can then purchase it. Yes, you have to spend money here, but it is not a lot of money and on average, domain names go for around $13.99 a year. As you can see, not much at all. Now take that compared to a traditional brick and mortar business where you have to have a building which could cost you hundreds if not thousands of dollars.
The next thing you’ll need is a website editor to start building your website. Don’t worry, it’s no longer required to know any kind of coding in order to build a website. That’s all done in the background automatically now. A really good website editor that’s out there is called WordPress and I think it’s one of the best available online. It makes it so easy to build and add content to your website.
If having your own blogging website scares you because you feel that you’re not a good writer, there’s a place online that will teach you how to properly research your niche as well as come up with content that you can add to your website and will attract traffic to it and that’s what I’ll talk about next.
Wealthy Affiliate Can Teach You How
Building an online business can be exciting, but also scary if you don’t know what to do or how to start especially if you want to learn how to sell toys online. This is where Wealthy Affiliate comes in because they teach exactly, step by step, what you need to do in order to build a successful online Affiliate Marketing business.
Joining Wealthy Affiliate is one of the best things I’ve ever done because I’m now going down the road towards financial freedom and soon will no longer have to fully rely on a traditional 9 to 5 job for income. It does take work, but you won’t be alone as you’ll have an amazing community as well as the founding members themselves to help you out.
Wealthy Affiliate is not a get-rich-quick scheme and does not promise you that you’ll make tens of thousands of dollars with just a few clicks and posts on your website. They instead tell you that it will take time and learning before you can start earning income online, but the more action you take, the quicker it will happen.
Another nice thing about Wealthy Affiliate is that now, you can search and purchase domain names there instead of third party sites like godaddy.com. This is all in house now which makes it very convenient for you. They’ve also got wonderful tools to help you with writing content for your website as well as tools for getting your website ranked in the search engines so that you can get free traffic to your website.
Anybody can do this, from college aged people all the way to those who are retired from traditional day jobs. Wealthy Affiliate makes it easy for anyone to learn how to build an Affiliate Marketing business. All you need is the desire and the willingness to take action. If you want to know more about Wealthy Affiliate, go ahead and read my review. It’s also free to start out so go see what it’s all about and you can check it out by clicking the image below. Feel free to post your comments below.