Thanks DustinX, I am taking your advice and looking for products on Amazon, but their affiliate program only pays 4%, not sure if that's a good idea?
I looked into a few "best sellers" on Amazon over $200 but they only get 200-300 searchs according to Wordtracker/Adwords tools.
You can easily get 6-7% + using their performance based structure (based on how many sales you make per month)
You don't have to stick to the best sellers, just start clicking around and you will find a plethora of product niches you can go into.
Check out this link ->
http://www.shopping.com/top_searches
Let's say you found out Grills would be a good niche to research ( I personally wouldn't really go for it because it is pretty seasonal). Head over to google's external keyword tool and put in Grills. Then uncheck broad search results and check exact. If you can find a 3 word keyword with 15,000+ exact searches monthly than that would be something great to go after. Even 2 word keywords are doable, you just have to check the competition. Okay so anyway, here are a few keywords I found by just looking at grills.
Electric grills (33k exact searches)
Barbecue Grill (33k exact searches)
Weber Gas Grill (33k exact searches)
And if you check out Weber Gas Grill, you would find that webergasgrill.org is number 2 in the SERPS, and buying an exact match domain is a great way to get up there quick.
You can quickly throw up a good looking amazon store using the software found at
http://www.associate-o-matic.com/
There is a free version that gives you 9 out of 10 sales
Don't get too overwhelmed with picking a niche - it isn't too hard because there are soooo many out there. Literally just take a piece of paper and spend an hour jotting down as many things as you can, just take a look around you. Anything over 100 bucks is perfectly fine. Tables, lamps, chairs (computer, office, kitchen, living room), beds, fans, blenders, DVD player, etc. If you brainstorm you can come up with a bunch, and then use the external keyword tool on exact match settings to filter through the ideas you had.
So, one more time just to clarify:
- 15,000 + exact searches monthly
- preferably 3 words in the keyword
- low competition (multiple factors. use market samurai to check out the backlink numbers and PR of the top 10 - also don't forget to analyze the anchor text of the backlinks using MS)