Banking and Personal Finance

16 replies
Hello Warriors,

I love personal finance related content and am thinking of creating a site in this niche. The only concern I have is the lack of products to sell except for some books on amazon.

If any of you are in this niche currently or tried it in the past, will appreciate if you can share your thoughts and.or experience.

Thanks

Sam
#banking #finance #personal
  • Profile picture of the author Daniel Jones
    I'm not in the niche but this seems like the right place to begin such a venture. Best of luck Sam :-)
    {{ DiscussionBoard.errors[2632919].message }}
  • Profile picture of the author Tanner
    Originally Posted by samcarson View Post

    Hello Warriors,

    I love personal finance related content and am thinking of creating a site in this niche. The only concern I have is the lack of products to sell except for some books on amazon.

    If any of you are in this niche currently or tried it in the past, will appreciate if you can share your thoughts and.or experience.

    Thanks

    Sam
    Why not go ahead and build the site and start building traffic to it. Since you love the niche, creating good quality posts and articles should be a breeze and you can always initially monetize it with adsense or Amazon (don't worry about the low comission, nobody buys only 1 thing at a time from amazon).

    Also, start building a list with a free report or video and a web form on your site.

    Once you have that going you can sit back and look at how to maximize your earnings from the site.

    The obvious answer is to create your own products to sell to your subscribers or visitors or hire someone to create the product for you.

    Once you've developed a decent sized list you can also survey them to see what they want and then find or develop products around their responses.

    Additionally once you have a list you could contact experts in the personal finance world and set up a joint venture to do a paid webinar or teleclass to your list.

    Those are just a few of the possibilities, but don't let a lack of products prevent you from entering a niche...don't always think like an affiliate.
    {{ DiscussionBoard.errors[2632960].message }}
  • Profile picture of the author samcarson
    Thanks Guys for the reply. Tanner - your suggestions are spot on, I will go ahead. I love this niche and can write a couple of posts a day easily.

    Sam
    Signature
    {{ DiscussionBoard.errors[2633538].message }}
    • Profile picture of the author patadeperro
      I am on the finance market, more into the debt one, what
      I would suggest you is to start creating your list, once you
      have a list, you can offer them not just amazon books, but
      create your own info products, templates, reports, etc.. and
      sell them or give then as a freebie, or you can sell them services
      and sell then as leads.

      Hope it helps
      {{ DiscussionBoard.errors[2634031].message }}
  • Profile picture of the author Steve Sieloff
    Originally Posted by samcarson View Post

    The only concern I have is the lack of products to sell except for some books on amazon.

    Thanks

    Sam
    Hi Sam,

    There are quite a few products you can promote in this niche. Don't have time right now for a long list but just a few things that come to mind from memory are:

    QVC or Home Shopping Network - I believe one or the other has Suze Orman products.

    ING Direct - online banking. I think they're with Commission Junction.

    I'm pretty sure Quicken/TurboTax/Quicken loans has an affiliate program.

    There's a few to get you started.

    For content, or a training section on your site, there's some great free CD's from the FDIC you can get called Money Smart. They're financial education training programs for Young Adults and Adults. There's also downloadable audio versions, instructor versions with the tests and answers. Look under the Consumer Protection link for the Financial education link on the FDIC site.

    Hope that gives you some ideas and places to start.

    Steve
    Signature
    IM Tips, Training, and Product Reviews:
    www.stevesieloff.com
    {{ DiscussionBoard.errors[2634466].message }}
  • Profile picture of the author samcarson
    Wow Steve, that's some amazingly useful info.

    Thanks

    Sam
    Signature
    {{ DiscussionBoard.errors[2634547].message }}
  • Profile picture of the author JayVance
    There is a ton of personal finance e-books on clickbank, just did a search, might want to look at some of those.
    Signature
    Free Article Directory -> Free Expert Article Directory, High Quality Submissions Only! Your-Answers.com PR3

    SEO Passive Income -> Learn how to make a Passive Income Online
    {{ DiscussionBoard.errors[2634743].message }}
    • Profile picture of the author Nikki
      Hi Sam,

      It depends on how big you want to go with your site.

      You can include home finance, forecloures, car loans, insurance, credit reports, how to budget tools/sofware, real estate investing etc, trading/forex/investing etc.

      Commission Junction has several Categories with services and products that you can promote on your personal finance website.

      Click bank and Share a Sale also has products.

      You can check out my site for ideas.
      {{ DiscussionBoard.errors[2635165].message }}
  • Profile picture of the author host4more
    You can add personal finance software, there are way more people doing their finances electronically nowadays.
    {{ DiscussionBoard.errors[2635336].message }}
  • Profile picture of the author Michael_FWP
    I was an Investment Banker at UBS for 2 years. If I can be of any use or give free advice on finance I would be happy to help. Don't know much about the business from a marketing perspective but can of course help in a general capacity.
    {{ DiscussionBoard.errors[2636018].message }}
  • Profile picture of the author davewebsmith
    i would suggest you look outside of the normal "mindset" of financial thought - it seems to have landed us in alot of trouble (current financial situation)

    I would explore educating people on the power of debt and credit and how much it really costs and best practice to avoid it

    Good luck - I wish you all the best
    Signature
    watch this space ...
    {{ DiscussionBoard.errors[2636106].message }}
  • Profile picture of the author sloanjim
    Many top CPA networks have good offers paying $15 to $100+ for banking/financial form submits etc...
    Signature

    15 Minute Forex Bar Trading System Free at
    http://www.fxscalpingmethod.com

    {{ DiscussionBoard.errors[2636280].message }}
  • Profile picture of the author sloanjim
    to be fair many have tried for a long time and sadly, it makes no difference. Fact is adults should have the basic financial education and take responsibility.

    I would explore educating people on the power of debt and credit and how much it really costs and best practice to avoid it
    Signature

    15 Minute Forex Bar Trading System Free at
    http://www.fxscalpingmethod.com

    {{ DiscussionBoard.errors[2636286].message }}
  • Profile picture of the author samcarson
    Great useful replies guys. When I started this thread, I was unsure if this is a good niche to puruse, not just for the lacking of products (I was wrong), as some of you mentioned this can be monetized. The other concern I had was the widely available and popular personal finance magazines like Kiplinger's, Smart Money etc.

    I am now convinced that this is a good niche that is evergreen and one can derive an immense satisfaction on educating people on how to budget, use credit card wisely (thanks Dave) etc

    Thanks a lot to all of you

    Sam
    Signature
    {{ DiscussionBoard.errors[2636319].message }}
    • Profile picture of the author sameberg
      Hi,

      This is Same Berg. I am a member of some financial communities. I would like to send you an article as a guest post (relevant to your site) Or we can direct go for link exchange. I have all good sites to give you the back link.

      It will be my pleasure if I can contribute some quality content. Please kindly let me know how and where should I send you the article.

      Waiting for your quick response.


      If interested please contact me at same(dot)berg149(at)hotmail(dot)com
      {{ DiscussionBoard.errors[5071305].message }}
  • Profile picture of the author Joseph Robinson
    Banned
    I would personally view the lack of products in the niche as an oppurtunity to become an authority in said niche. Create your own products and rake in the profits (assuming there is enough interest etc etc etc)!
    {{ DiscussionBoard.errors[5071491].message }}

Trending Topics