If so, think again.
In my opinion, credit card affiliate programs are terrible for beginners, and even advanced marketers have wasted many hours trying to get their foot in the door, only to be frustrated by the leading players.
Credit Card Affiliate Programs Can Be Profitable
Credit card programs can be highly lucrative, but the real profits in the industry are usually reserved for experienced marketers who have a few other profitable websites under their belt.
Chances are, if you’ve looked for credit card information online, you’ve come across one of the leading sites, like creditcard.com or mint.com.
These are companies that have millions of dollars of venture capital funding behind them, and have been innovating in the industry for years. If you’ve never heard of either name, take a minute to browse around…Do you really want to be in competition with these guys?
Most Financial Niches Are Extremely Competitive
Yes, there’s a ton of money to be made, but precisely because of that the existing players are extremely savvy.
That means that credit card programs, like other financial and make money online niches, are extremely competitive. If you’re just starting out, you’re far better off choosing a lower-profile niche. Click here for a few ideas.
Once you build a few sites and begin to see traction, you can think about applying those skills elsewhere.
If You Do Dive In…
If you do decide to build that credit-related site after all, you’re going to need to have a sound strategy.
Make sure you know exactly what you’re getting into before you begin, and take the time to research all the possible angles.