How I’m Going to Add $20k/Year to My Passive Income Portfolio (Niche Profit Course Review)

As the niche site duel continues, I’ve gotten to the point where, aside from adding periodic content and backlinks, the site has become a passive project for me.  I’ll still share my earnings in my monthly income reports and maybe another post here or there about new strategies I’m using, but the vast majority of my niche site’s configuration has already been publicized here for you to read.

I’m a huge fan of personal challenges, and I think it’s about time to layer another one on top of my already existing projects.  You can criticize me for juggling too many projects at once, but I’ve learned that this is how I keep it interesting and enjoyable for myself.  If I can still produce positive results, I’m not going to complain about it.

I really believe that this new challenge is going to do wonders for my passive income portfolio, as I continue to diversify it.  Let’s jump into the details.

Is This a Challenge or a Product Review?

You may have been confused by the title of this post, so allow me to clarify.  First of all, if you read my blog regularly, you know that I rarely promote products.  In fact, I can’t even think of an article I’ve written to strictly promote a product that costs money (except Market Samurai, which everyone is promoting due to how awesome it is) – it’s just not the way I do things around here.  There are exceptions to this “rule,” however, when I feel like I’ve found something that can actually help others be successful.

A little over a month ago, I purchased Niche Profit Course from Chris Guthrie, a blogger (his blog is MakeMoneyOnTheInternet.com) who usually makes over $5,000/month from Amazon’s affiliate program.  His best month was last December (i.e. last holiday season) when he earned over $12,000 from Amazon.

As you may know, Amazon’s commission rates generally range from around 4-8%, depending on how many products you sell in a given month.  The fact that Chris has been able to have this much success really speaks to his methods and how he applies them.

I’ve followed Chris’s blog for several months now, so naturally I was excited when he announced that he would be releasing  a course that walks you through, step by step, how he does it.  Now that I’ve gone through the course and can honestly recommend it to others, I decided to combine my review with a real challenge where I’ll actually apply what I learned in this course.  I’ll go through my review first, and then discuss the actual challenge at the end of this post.

Where’s the Sales Page with All the Hype?

If you click through to the sales page for Niche Profit Course, you’ll be surprised to find that there’s only a video – no annoying pitches, “too good to be true” testimonials, etc.  I’ll try to cover the key points in this review, but if you’re at all interested in possibly buying the course, I suggest you head over there and watch the video.

Here’s My Review

Obviously, I’m only writing about this course because I’m recommending it.  I don’t think it’s for everyone, however.  At the end of the day, you’re still required to put together a niche site, and if that isn’t your cup of tea, this won’t be either.  Fortunately, the method that Chris walks through involves WordPress, which makes it extremely easy to get these sites up and running.

It’s a Video Course

One thing I really like about this course is that it’s almost exclusively done with video.  While I don’t mind the eBook format, I think video is a bit more effective when it comes to actually learning the material.  Chris did a nice job breaking up each topic into its own video, so you’re never faced with a massive, several hour-long video.  Each video is around 15-30 minutes in length.  If there’s anything mentioned in the video (additional resources, etc.), Chris provides links to them below the video.

There’s A Logical Flow

This course is organized pretty well, and doesn’t assume that everyone knows everything.  Module 1 begins with the basics (setting up a hosting account, etc.), but you can skip it if you are already familiar with setting up a basic WordPress blog.  Here’s the list of modules included with the course:

If you’ve created niche sites before, some of the modules won’t be absolutely necessary (like how to build links and get traffic), however I still watched them and learned a couple additional tips that I either didn’t know about or had forgotten about.  You may think you already know everything there is to know about other modules, such as “Module 2: How to Find a Good Niche,” however this course focuses specifically on Amazon niche sites, so I found it important to learn about how to tweak my keyword research for Amazon niche sites.

In addition to the basics for getting your site up and running (and earning), there are a couple bonus modules about outsourcing and buying after market domains that I found helpful, but not crucial to the course’s overall value.

Real Life Examples (Case Studies)

This is one of the real areas of value with the course – Chris actually walks through a couple Amazon niche sites that he has set up.  I found this to be extremely helpful – a lot of times, courses like these tell you what to do, but fail to walk you through any real life examples.

Includes a Highly Effective WordPress Theme

In my opinion, this theme (Azon) alone pays for the course.  With the course, you get the WordPress theme that Chris uses on all of his Amazon niche sites.  This isn’t a regular theme that you can pick up for free on the internet – Chris spent almost $2,000 having this theme developed and tweaked, specifically for his Amazon sites.  Module 3b shows you how to properly configure it.  On its own, Chris sells this theme for $97.

Quick Support

Below each video, there is a comment section (very similar to the comment section of a typical blog post) where “students” of the Niche Profit Course ask questions.  Chris usually provides answers pretty quickly.  You can see the questions that everyone else has asked, which I found to be helpful.

Also, I’ve e-mailed Chris on a couple different occasions, and he was always quick with a reply (usually within 24 hours).

Reasonable Price

Like I said above, the Azon theme basically pays for the course – you get the $97 theme for free, and the course itself only costs $97.  There are a lot of other crazy informational products and membership sites out there that seem to be asking outrageous amounts of money these days (up to $2,000 – oh wait – $1,997), so I had no problem shelling out the $97 to see how one of the most successful Amazon affiliates makes his money.  It has a pretty standard 60-day money back guarantee in case you decide that you don’t like it or want it.

Affiliate Disclosure & My Bonus to You

As you probably assumed, I’m affiliate for this product.  In other words, I will earn a commission if you purchase this course through my link.  As an incentive for you to do so (if you’re going to buy it anyway), I’ve decided to throw in a little bonus.  No, it’s not a crappy eBook.   Here’s what you need to do:

1) Purchase the course through my link

2) Forward the receipt to my4hrworkweek @ gmail.com

The bonus: I will send you the details for one of the niche sites I’ve created using Chris’s methods.  It’s already ranking on page 1 of Google for my primary keyword, and I’ve already made a couple affiliate sales with it after only a week or so.  To be perfectly honest, it’s already doing better than my P90X site for the niche site duel – it’s weird how sometimes you accidentally find niches that are easier to break into.

It’s one thing to see examples from the teacher, but it’s another to see one from a student who went through the course and applied the concepts.  I’ll also open myself up to questions via e-mail if you’re wondering about how I did anything in particular.

The reason I won’t be sharing all the details publicly on this blog is because I believe the sub-niche I’m targeting is relatively uncompetitive given the amount of traffic it attracts, and while most of you wouldn’t try to compete with me, someone out there likely would and it could severely hurt my future income from this site.

The Amazon Niche Site Challenge

Now it’s time to get into the good stuff – the actual challenge I’m going to pursue.  As I like to do, I’m going to set my goals high and then do what I can to work my way up to achieving them.

The reason why I’m so excited about creating Amazon affiliate sites is because it’s affiliate marketing that you can really feel good about.  You aren’t pushing a crappy Clickbank product or getting people to submit their e-mail addresses for an onslaught of spam.  You are simply getting people over to Amazon.com where you will earn a commission on products that they want to buy. Amazon is easily one of the most (if not THE most) reputable online store, so working with them as an affiliate is something I want to do, and I want to make it a large part of my passive income portfolio.

Overall Goal: Add $20,000 per year to my passive income portfolio.

Breaking Down the Goal

I know I’ve set the bar high, but I really believe that I can break through that goal over time.  If I’m aiming for $20,000 per year, that means I need to earn approximately $1,670 per month.  This isn’t going to come from 1 or 2 niche sites – at least, not at first.

Right now, I would expect that (on average), I’ll be able to earn $75 per month from each site I create.  That doesn’t seem like a lot, but when you consider that each site will probably take me about 6 hours to build from scratch (I will most likely be outsourcing the backlinking process, and possibly some content creation), the site won’t need to earn much to make it worth my time.  $75/month is $900/year – if I’ve only put 6 hours into a given site, that’s $150/hour just for one year at that earning level.  Obviously, the plan would be for each of these sites to earn for several years into the future.

I’m guessing some sites will only earn $10/month, but I think others can easily earn $150+ per month (Chris has several sites like this), so I’m hoping the $75/month average per site is a reasonable goal.  To break it down even further (it makes me feel better), that’s only $2.50 a day.

To achieve my overall goal, I will need to create approximately 22 Amazon niche site. This seems like an overwhelming task, but I believe I can work at a rate of 1 site created per week (or 4 per month), taking into account other time consuming obligations (9 to 5 job, this blog, and my other passive income projects).

Although I believe I can create 1 site per week, I’d like to leave myself a little bit of cushion for the holiday season (where I’ll be on vacation for at least week) and for other times when I’m too busy to work on it.  Therefore, I’m giving myself an initial timeline of 25 weeks to complete this challenge.

I’ve Already Given Myself a Head Start!

Yes, I’m already cheating in this challenge.  I currently have two of these sites completely up and running (content complete, most SEO work complete) and I have another one that should be complete next week.  In addition, I’ve already purchased domains for 4 other sites that I will build following this Amazon niche site process.

Other Considerations/Questions

Am I only going to use Amazon’s affiliate program?

While this is expected to be my primary source of earnings, I will also monetize with Adsense and possibly other types of ads, depending on the niche.

Why create 22 sites that earn a small amount instead of a few larger sites that earn substantially more?

This is an excellent question, and I’ve given it a lot of thought.  It’s really hard to tell from the start which types of products and niches will be successful.  You can estimate traffic, but until you actually see that traffic hitting your site and seeing how well it converts to sales, you won’t be fully aware of the site’s potential.

I don’t plan on ignoring a site’s larger potential if I see it. In other words, if I believe a site has greater potential than a 10-page micro-niche site, I will take it to the next level, by adding more content and building more backlinks to push it to #1 on Google (instead of just page 1).  Of these 22 sites I plan to create, I am expecting to find at least 1 or 2 “golden nuggets” that I can develop extensively and try to achieve earnings in excess of $500/month.

What will you be sharing on this blog?

While I won’t be as transparent as I am in the niche site duel, I still plan on sharing earnings and even the general niches that I’m working in.  As much as I’d like to spell out every detail, I hope you can understand that this could be detrimental to the success of any site I create.  I probably won’t go into a ton of detail about my methods, mainly because it’s all covered (in detail) in the Niche Profit Course.

Are you insane?  Why don’t you just focus on one project at a time?  What about the niche site duel and the InfoBarrel Challenge?

Yes, I’m insane.  I like to try new things to see what works and what doesn’t. If this works, I’ll have an amazing new stream of passive income. If it fails, well, I can move onto something else.  No problem here.

I will still be working on my niche site duel site and I will still be publishing articles for my InfoBarrel challenge.  Don’t worry. :)

Who’s With Me?

I’m totally fine with taking on this challenge alone, but if someone wants to join me, speak up!  I’m not looking for people to compete against, but rather people who want to strive for a common goal.  Maybe we can even chat on AIM/Skype/whatever about what’s working and not working, and in general, just share ideas.

If you’re wondering “how is this different from the niche site duel?” I understand.  I think it’s different because it’s essentially following 1 method and 1 main type of monetization.  It even seems odd that we’re all using the same WordPress theme, but then again, there are tons of popular themes out there (Thesis, etc.) that thousands of people use, so I don’t see it as a big deal.

Time to get to work!

If you haven’t already done so, subscribe to the RSS feed so that you don’t miss any updates about my progress. Thanks so much for the support, I really appreciate it!


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105 Responses to “How I’m Going to Add $20k/Year to My Passive Income Portfolio (Niche Profit Course Review)”

  1. This sounds like a great challenge, Eric. I’ve got a lot on my plate at the moment so I’m going to give this a good mulling over before I decide to drop the $97 and join.
    Jason recently posted… Article Spinning- The Bane of the Literate Web

    [Reply]

    Eric G. Reply:

    Definitely don’t blame you, Jason – it’s not easy juggling so many things at once, and sometimes you’re just better off focusing on what you already have going. :)

    [Reply]

  2. Totally agree with your strategie. I’m doing pretty much the same with 2 exceptions:

    - I deal with eBay (EPN and stuff like that)
    - I’m focusing on Spain (as i’m from there)

    I’ll keep an eye on you!! Nice posts!
    manelgarcia recently posted… Google Esta Cambiando la Forma de Mostrar Resultados o La Muerte de Los Portales Verticales

    [Reply]

    Eric G. Reply:

    That’s cool – I’m eventually going to integrate eBay’s affiliate program into these sites (Chris’s course recommends it too). I’ve just been lazy about that because I believe eBay requires approval for each site that you’re using for its affiliate program (whereas Amazon does not). Thanks for the comment, and best of luck with your sites!

    [Reply]

  3. Eric,

    Count me in! It’s as if I wrote the second half of the post! I’ve been thinking of creating 2 sites a month (with really good keyword research) and then starting the backlinking work myself.

    The only thing different would be that I may or may not use Amazon depending on the niche/keyphrase/market. It all depends.

    If I see potential, I outsource more backlinking. It’s definitely time to kick it up a notch. Please contact me so we can Skype and help each other through the process.

    Interesting note about those golden nuggets: if we aim to make $75-$125 per site, it gets even easier. The more $$ we earn from one site, the less pressure.

    Looking forward to chatting with you!
    Moon Hussain recently posted… Fun Friday Round-Up- Ebook Oopsies!

    [Reply]

    Eric G. Reply:

    Hey Moon,

    2 sites per month is an awesome goal, and one that I think is extremely doable. I agree that Amazon may not work for all niches – for this challenge, I’m going focus specifically on Amazon, but it’s totally fine if others “in the challenge” don’t.

    I think that’s a great idea to outsource backlinking only if you see the potential – that way, you only spend the money on it if you know there’s a better chance it’ll be worth it.

    $75-125 per site (per month) would be amazing. And you said it best: Time to kick it up a notch!

    I’ll be in touch with you soon for sure. :)

    [Reply]

  4. That sounds like a great challenge for you Eric, and very achievable. I do not think doing multiple projects at once is always a bad thing. If your outsourcers are busy writing content for a site, and that is the last thing that is needed to finish it, there is no harm on making a start on a second site. It’s actually a good way to use that free time you’d have while waiting.
    Jay recently posted… Mini-Site Challenge- First Page Of Google!

    [Reply]

    Eric G. Reply:

    Thanks for the comment, Jay. Outsourcing can definitely be powerful when it allows you to do other things that are more valuable (i.e. getting new projects running).

    By the way, congrats on your site hitting page 1 on Google!

    [Reply]

    Jay Reply:

    Thanks Eric :)

    I’ll definitely be buying this course when I get back from my holiday in January!

    I would love to see how you have progressed by that time.
    Jay recently posted… How To Make 2-740 A Day

    [Reply]

    Eric G. Reply:

    Great, I don’t think you’ll regret it. :) Hopefully by then I’ll already be kicking ass!

  5. Hey Eric,

    Sounds like a great plan. I’ve considered buying this program, but wasn’t completely sure on it. I was kind of leaning towards, and since you’re recommending that’s definitely pushing me even more in the pro column. Now if I can just get a few major projects out of the way so I don’t have to juggle so much. Thanks for the review.
    Master Dayton recently posted… Dragon Naturally Speaking Review- The 15 Minute Review

    [Reply]

    Eric G. Reply:

    No problem, Master Dayton. Definitely important to consider what else you’re juggling before you decide to take on any new major projects. I really think anyone who follows the course exactly the way it lays out how to create an Amazon niche site will find success with it. Sometimes it’s a matter of creating a few different sites and getting a feel for which niche works best for you, which is what I’m figuring out right now. Best of luck to you!

    [Reply]

  6. ERIC! YO! I am TOTALLY with you on this one.

    In fact, Alex Whalley and I were just talking about this kind of thing during the week – we’re focusing more on Amazon aff. sites because it’s things that people want to buy – hard, tangible items. The best part? There are thousands upon thousands of niche you can create because when you break down each site to just a few single products, you’re game.

    I actually have a few niche sites I want to work on dedicated to products.

    I currently have two Amazon sites running as well. One pulls in just a little bit (bad niche selection) but the other is about $150 a month – this month it’s already at $150 and I’ve still got 17 days left!

    So I’m right there with ya man – maybe me, you and alex can jump on Skype and talk about this more in detail.

    As for the course – it’s always been on my mind but I recently went through the Lazy Affiliate which was recommended by Chris in an email – it was awesome.

    But yeah, we need to talk :P
    Murlu recently posted… How To Work 24 Hours A Day And Love Every Minute Of It

    [Reply]

    Eric G. Reply:

    Sweet – awesome to see that I have you (and Alex and whoever else jumps in) with me on this one. Like you said, Amazon sites are so great simply because they get people to the products they want (and don’t try to push products that people DON’T want, like so many niche affiliate sites do).

    It sounds like you’re having a lot of success with these types of sites already – $150 so far this month? That’s kicking some ass right there. I think I may have hit a home run with one of the Amazon sites I set up a little over a week ago, and I’m excited to talk about it in my next income report. If things keep trending the way that they have been the past few days, I could be looking at a $500/month site. They won’t all turn out this way, so I’ll consider myself lucky on this one.

    Let’s definitely talk sometime – I have a feeling we both have a lot to talk about!

    [Reply]

  7. Hey Eric, great post and info! Sounds like a good info course, gonna buy it now and use it to invest into my “passive income future”! I am gonna get on this in the upcoming week, would love to take this journey with you, will drop you an email and we can discuss it!

    Again, thanks for the motivation!

    [Reply]

    Eric G. Reply:

    Great to have you aboard, Ron! It’s going to be a fun ride, even with the upfront work. I saw your e-mail and I’ll be responding soon.

    [Reply]

  8. Eric,
    What am awesome and inspiring post. Way to set your goals! When you put stuff like this in writing, it’s very likely to happen. I wish you the best and am certain you’ll hit your goals. I’m also excited to follow your progress, I sure have been learning a lot from your blog.
    All the best,
    Ian

    [Reply]

    Eric G. Reply:

    Thanks Ian, I appreciate the encouragement! :)

    [Reply]

  9. Amazon affiliates seem like something I’d like to get into, but I’m still new to this, and I’m working on an authority site now, while learning SEO. I just don’t think I can take anything else on and give it what it deserves.

    It doesn’t help that I haven’t yet made my money back on Market Samurai – though I have no doubt that I will do so, many many times.

    I may take it on as a smaller scale project, though. I have several niches selected for minisites, and using Amazon as my monetization strategy seems reasonable.

    [Reply]

    Eric G. Reply:

    I agree, Lyndsy, especially if you’re still new to all of this. Focus on your authority site and get it close to where you want it to be before moving onto something else.

    Oh, and regarding Market Samurai – I am POSITIVE you will make back the cost of it in no time.

    [Reply]

  10. Eric, I love your goals! I REALLY want to do this Amazon challenge with you, but I have a too many things going right now. I’ve always focused so much on Adsense, and Chris and others have made me see the potential that Amazon offers.

    I would still love to stay in touch via email/skype to discuss strategies if you’d like. Keep each other motivated, etc…
    Spencer @ Niche Adsense Challenge recently posted… Can I “Own” These Keywords

    [Reply]

    Eric G. Reply:

    Hey Spencer, thanks! It seems like you’re the king of Adsense niche sites, so I can imagine how well you’d do with Amazon. I’d definitely like to get in touch via Skype – maybe shoot me a DM with your Skype name?

    [Reply]

  11. I live in NC. Can you tell me how I can be an Amazon affiliate when they don’t allow affiliates in this state? Is there a way to get around it?

    [Reply]

    Eric G. Reply:

    I’m honestly not sure if there’s a way around it, if they don’t allow NC affiliates. The only thing I can think of is maybe working with a close friend or relative who lives in another state, to help you set up an account under their address. I’m not even sure if that’s technically legal, but it’s one thing you could look into. Best of luck, and let me know if you’re able to find a way around it!

    [Reply]

    Patrick @ Make Money Buzz Reply:

    Hey there…. hope I can help but look into it and don’t take my word as I’m not 100% sure.

    I would look into setting up a foreign entity (such as an LLC) in a state with good tax laws. Set up your affiliate account using that entities EIN number and then have the income go into your bank account. Obviously you will have to pay taxes for your state on that income, but you are paying taxes on money earned through a corporation and not as an affiliate. Again, look into the laws and taxes or higher a lawyer. This is just what I believe could happen and I would look into
    Patrick @ Make Money Buzz recently posted… Ninja Backlinking Tactics 01- Getting Site Ranked in Google Fast With PR6 DoFollow Backlink

    [Reply]

    Eric G. Reply:

    Fortunately for you (and anyone else who reads this), I’m a CPA and tax consultant, so this is somewhat my area of expertise (those there’s a legal aspect to this, for which I’m not an expect). Your comment is partially correct, but you’re missing the big picture.

    First, a disclaimer: This comment doesn’t constitute official tax advice. I’m going to be brief and my answer is not comprehensive. You should always speak to your CPA/lawyer before setting up a business structure as discussed in these comments.

    An LLC is a great way to organize your business, especially if you’re doing it alone (but it works well with partners too). From a legal perspective, an LLC is not the same thing as a corporation, but it shares similar benefits of limited liability.

    From a tax perspective, you sort of have a choice on whether you want the LLC to be treated like a corporation, partnership, or in the case of a single individual, a sole proprietorship. In most cases (lots of exceptions here, however), you want the LLC to be treated like a partnership or sole proprietorship. In these cases, the income ultimately passes through to the owners of the LLC, and the owners are only taxed at their individual levels.

    If the LLC were taxed like a corporation, the corporation would pay tax on the income, and then the owners would ultimately pay tax at the individual level (either when they receive dividends from the corporation, or when they sell their interest in the corporation). Essentially, the income gets taxed twice. Generally, this is not a favorable structure for you.

    So yes, while the LLC is separate legal entity, the income will ultimately hit your individual tax return the same as it would if you never had the entity to begin with. There are benefits to having the LLC (e.g. helps you keep separate records so you can more easily write off expenses against your income, liability protection, etc.), but at the end of the day, you still pay tax on the same income.

    Hope that clears things up a bit (although I bet it added to the confusion…)!

    [Reply]

  12. Hi Eric,

    Does this course include where and how to outsource getting backlink stuff? And do you really think is this course worth to buy? Please be honest!
    Chris – Black Friday Deals recently posted… Fisher Price Little Super Star Classical Stacker

    [Reply]

    Eric G. Reply:

    Hey Chris,

    There is a bonus module in the course that discusses outsourcing in general, but contains a lot of great tips around hiring someone part-time or full-time (vs. hiring for individual projects). It doesn’t specifically focus on outsourcing backlinking, but you can certainly outsource backlinking to someone with experience in that area.

    Yes, I honestly believe this course is worth the money. I’ve spent the money on it myself, and I have been extremely happy with it. The great thing is, it’s not a super complex process. Once you can follow the course and build your first site, you can simply repeat the process without further guidance.

    I hope that answers your question!

    [Reply]

  13. Just wanted to say “Thanks” to Eric and Patrick for taking the time to reply on the NC Amazon affiliate issue. It’s sounds like it’s a bit more than I want to take on at this time.

    Zocyn

    [Reply]

    Eric G. Reply:

    No problem! Just keep in mind, there are many other ways to monetize a site. Don’t worry if you can’t specifically use Amazon.

    [Reply]

  14. Awesome goals, Eric! Can’t wait to see how the challenge turns out for you. I hope you do reach your goal of $20k a year. It sounds like a pretty reasonable goal to me. You’ll get there eventually.

    As for me, I’m exactly like you. Right now I have about 4 different challenges going on right now on my blog, and it really does help keep me motivated. I don’t think that’s crazy at all. It just shows that you enjoy challenges and don’t give up easily when faced with something difficult.

    Best of luck to you!

    Christina
    Christina Crowe recently posted… 10 Ways the iPad Can Boost Office Productivity

    [Reply]

    Eric G. Reply:

    Hey Christina – the challenges are a ton of fun, so I do think it’s fine that we’re both all over the place with them. It won’t be long until we strike gold, and the hard work pays off. :) Thanks for the comment!

    [Reply]

  15. This is the only style of affiliate marketing I have ever done – niche sites linking to amazon and other merchants that sell actual products. This is the main style of affiliate marketing in the UK I think.

    Even so I am tempted to do the course to see what I am doing wrong/missing out on as I find it hard to make 150 from all of my sites.

    Do you have an example of what one of these sites might look like?

    Thanks,

    Joe
    Joe recently posted… Last keyword domain niche site I promise!

    [Reply]

    Eric G. Reply:

    Hey Joe – I actually do have examples, however I can’t post them publicly here (just for my own protection). There are some examples included in the course, and as I mentioned in my post, I’d throw in a bonus example of one of my own sites that’s currently earning money, to anyone who purchases the course through my affiliate link and forwards me the receipt. I know that’s not the answer you were looking for. :P

    [Reply]

  16. Eric, this is my first time at your blog and I love your articles. I’d love to do the challenge with you and am looking forward to both our success!

    I am new to affiliate marketing though and purchased Chris Rempel’s lazy marketer materials last month and am just about to publish my first mini-site.

    And because I buy so much stuff off of Amazon, I might as well make some money back from it right! I signed up as an associate a very long time ago and never did anything with it. So here’s my chance to do so.

    I’m glad you posted this article as I’m definitely adding affiliate marketing to my PI streams for 2011 and what better time to start than when during the holiday season when my other work projects are a little slow.

    I’ll contact you with my skype id so we can communicate there as well from time to time. I’m looking forward to your expertise, putting in the time, and making that 20K with you!
    Kesha recently posted… Resources For Your Small Business

    [Reply]

    Eric G. Reply:

    Hey Kesha, I really appreciate the kind words. And congrats on getting ready to post your first mini-site. I think you’ll eventually find that it’s addicting, as you’ll want to keep buying more domains and setting up more sites (or at least, that’s how I am). :)

    2011 could really be a big year – hopefully we’ll shoot right past the 20k goal!

    [Reply]

  17. I got to know about niche profit course by john chow. I am new to affiliate marketing though i did some courses in internet marketing.How many hours do you suggest one spends working on? And did anyone buy it and earned money so far?

    [Reply]

    Eric G. Reply:

    Welcome to affiliate marketing – it’s a wild ride, but if you stick with it, you’ll earn money. The Niche Profit Course (as well as other courses) are great for giving you a road map to follow, but in all honesty, you won’t earn anything until you take action and work hard at it. I can’t give you an exact # of hours to spend on it, simply because it’s really undefined. The more hours you spend, the greater your chances will be of making money now and in the future.

    I’m a prime example of someone who has made money so far with methodology taught in the course. I’m sure others have too, but they haven’t really publicized it (most people keep their earning amounts private). Hope that answers your question, but let me know if you have any other questions!

    [Reply]

  18. Boo don’t buy that guy’s course he sucks (kidding… that’s me). Thanks again for the review Eric. I thought I commented before but turns out I didn’t lol.

    In any case, talk to you again sometime soon. I’m very excited for you to reach your goal.
    Chris Guthrie recently posted… Need Hosting Check Out This Black Friday Sale

    [Reply]

    Eric G. Reply:

    No problem, Chris, thanks for putting out a high quality course that I feel good about recommending. :P I look forward to eventually being able to say “look at all this money I made by following this course.”

    [Reply]

  19. Nice review, i will buy from your link in 2-3 days and them email you.

    Can you give me more info about your bonus, what exactly will you be sharing with me?

    I also read your niche duel posts, was wondering if this site ( the one for which u will be sharing details) also has .me tld?

    To be honest, i have never seen .me tld rank on first page, may be you can give me more info on that.

    Regards.
    Marry

    [Reply]

    Eric G. Reply:

    Hi Marry,

    I really appreciate that you’re considering buying the course through my affiliate link.

    I’ll be sharing with you the exact URL of one of the sites I created that is currently earning money for me. The site I’ll most likely share has a .org TLD.

    While you don’t see .me too often on page 1, I think this is more reflective of the fact that there are many more .com/.net/.org sites out there. My P90X site was ranking on page 1 for my targeted keyword before I changed the domain, and that one uses a .me TLD.

    I agree that they may be a bit harder to rank with, but I think they can still work if you’ve found a good topic/niche and the .com/.net/.org domains are unavailable.

    Hope that answers your question!

    [Reply]

    Mary Reply:

    Please check your email, i just bought and sent you email with receipt.

    [Reply]

    Eric G. Reply:

    Check your e-mail now, you should have a response from me. :)

  20. I think I’ll be passing this one up – but I look forward to reading about how it goes!

    I think I might create a blog with Blogger for the highest earning niche I’ve found with my InfoBarrel articles just to see what happens – if it could pull in a couple extra bucks a day that would be cool but I don’t want to spread myself out too much.
    Andrew Walton recently posted… Why My Blog Is More Valuable Than Money And Yours Can Be Too

    [Reply]

    Eric G. Reply:

    Yeah, you already have a lot of writing on your plate. :) I like the Blogger site idea – definitely give it a try and see if it could be a nice improvement to your earnings.

    Thanks for the comment, Andrew!

    [Reply]

  21. Eric,
    Thanks for the heads up/recommendation. I’ve followed Chris (off and on) for a while now and was somewhat apprehensive about his course (though his personal results speak for themselves).

    However it’s much more reassuring to see “one of us” take his course and find some success with it. Your recommendation adds a lot of weight to the decision making process – thanks!

    I’d be curious to know more about how you personally handle the outsourcing of your niche sites (who you use, cost, etc.) – perhaps that would be something you’d be willing to share to those who sign up via your affiliate link?

    For those of us who aren’t outsourcing yet, your recommendation is an important one!
    Kevin Marx recently posted… Holiday Article Writing

    [Reply]

    Eric G. Reply:

    Thanks for the comment, Kevin. As others who have purchased the course through my link can attest to, I’m pretty much open to discussing anything through e-mail regarding these niche sites.

    When it comes to outsourcing, I will say I have experimented with a variety of things – I’m not sure I’ve found one way that I’m 100% happy with, but I’m definitely learning a thing or two about outsourcing as I go.

    Feel free to drop me an e-mail if you want to discuss some things in more detail!

    [Reply]

  22. Hi Eric, i bought from your link and sent you email.

    Regards

    [Reply]

    Eric G. Reply:

    You should have an e-mail from me now with the bonus information as promised. :)

    [Reply]

  23. I am in this challenge. I will add $20k in 2011. I will use multiple stream of income not only amazon.
    Thanks
    Rahul recently posted… January targets

    [Reply]

    Eric G. Reply:

    Awesome – best of luck to you, Rahul.

    [Reply]

  24. I just recently started working on a niche site of my own and a combination of Chris’s blog and the Niche Site Duel were pivotal in giving me that extra push to finally do it. It has only been about a week and a half since I launched my first page(actually working on two niche sites) and it is on the second page of Google and has already earned me an affiliate sale on Amazon so I am feeling hopeful about the success of this initial experiment. I had already been thinking about trying to do 2 new niches a month but not sure if I can swing the extra workload.

    I think that this is an awesome goal, and I REALLY wish I could join in with you. But I’m getting married and moving across the country this Spring so I don’t think I’ll be able to keep up with 1 a week (plus I don’t want to sink $97 into my websites until I start making a bit of money from them – this is my first real venture into making money online after all and I want to be sure it is going to work).

    Anyway, all that to say that I may attempt to keep up with you at just half the pace. Right now I have no passive income – and looking at finding a new job when I move makes me wish I had started this sooner! If I could go into 2012 knowing I had a passive income of $20,000 and growing that would be awesome.
    John W recently posted… An Idea I’ve Toyed With Before

    [Reply]

    Eric G. Reply:

    Hey John – it sounds like your new site is on its way to earning you a decent amount of money. :) Getting traffic and making a sale while you’re on page 2 of Google is a big deal, especially only 1.5 weeks into the project. 2 new niche sites per month is ambitious, but definitely doable. I’m still trying to do 4 per month, which I’m finding is very challenging.

    Congrats on your upcoming marriage, and best of luck to you in 2011 with your niche sites!

    [Reply]

    John W Reply:

    Eric,

    Thanks for your encouragement and well-wishes! :)

    After thinking a lot about it and doing some more research, I have changed my game plan slightly.

    I am going to do 4 niche sites my first month (i.e. this month). Then depending on how those sites do, I may continue working on all four of them next month and skip a month of making new sites. Or keep working on them a little bit and make 2 more next month…. Or if they are all already doing really well by the end of the month (let’s hope for that one lol!) then maybe I’ll try to do 4 more next month… I guess it all depends on how my strategies work. I’m probably doing a slightly different strategy for each one too to see what works best. And they won’t all be focused on the Amazon affiliate program either – one of my niches will probably work better with adsense and I am at least going to experiment with other affiliate programs in one of my niches(though it may end up being Amazon too depending on how that goes).

    A big part of this decision is that after my fiancé saw what I was doing and I was able to explain it to her a little bit(it was a lot easier to explain after I had already begun the process), she gave me permission to attack this project full force for a while and see what happens lol.
    John W recently posted… An Idea I’ve Toyed With Before

    [Reply]

    Eric G. Reply:

    That sounds like a great plan, John. I like the idea of creating the sites one month, and then taking the next month to work on them further, instead of creating more new sites.

    I may actually do this next month, when I plan to have 12 sites built. It’s good to go back, work on the backlinking some more, and publish some additional content.

    John W Reply:

    Just thought I’d post an update….

    As happens many times, I got sidetracked from my goal of building tons of sites. Life happened.

    However, I have built a large handful of them and some make just a little bit of money, others make a decent amount.

    One thing that helped me was that back in July I bought a site from Flippa that was making $100-$120/month. By making some basic changes to the site as well as doing a bit of SEO, I have seen some serious increases. The site had already paid itself off by the time I owned it a little over two months… and I think it will be possible given a little more time to get it to a point where I am making back as much as I paid for it every month.

    For full disclosure, I also have bought smaller sites that have been duds… given more time they will do better, but they haven’t done even as well as advertised in the auction. So if you go this route, definitely be sure to do your due diligence. It would be a quicker way to reach your goal though… just takes a larger initial investment.

    Eric G. Reply:

    That’s awesome John – I’ve heard some good success stories recently of people buying sites that already earn income, and turning them into even bigger money-makers. Keep it up, and thanks for the comment! :)

  25. Hi Eric,

    You mention in you are taking a few challenges and if it doesn’t work out you know what works from what doesn’t work. My concern or I should say my question is when you register a domain name for a particular niche and it doesn’t work out for you, do you park the domain Or use it for something else.

    Thanks in advance
    Adrian

    [Reply]

    Eric G. Reply:

    Hi Adrian,

    I give every site a year to prove it’s profitable (i.e. my domains are all initially registered for only a year). If, after a year, the site really makes no money, I won’t renew the domain.

    However, if the site is making money, especially enough money to cover the domain renewal cost and it isn’t requiring any additional maintenance work from me, I renew the domain and keep it running. After all, even if it’s only profiting $20 for an entire year, it’s still worth it for me to keep as long as I don’t have to put more time into it.

    Good question!

    [Reply]

  26. Hey Eric

    I am currently challenging myself to create an Amazon niche site as well. This is my first experience with internet marketing and I have created a blog (My Income Lab) to chronicle my experience. Good luck to us both!
    Lonnie @ My Income Lab recently posted… The One Thing You Must Absolutely Do In Order to Acheive Success!!

    [Reply]

    Eric G. Reply:

    Best of luck to you, Lonnie! Good idea to start the blog – it’s a great way to keep yourself held accountable for your goals.

    [Reply]

  27. Wow, I saw the video, great course, I haven’t bought it yet but honestly I recommend you buying it, it deserves the money. Instead of investing in probably the wrong thing and the high chance of not getting the desired results, buy the course – learn marketing ‘how to’s, learn how to make money the correct way and then you can easily invest lower sums of money and earn bigger sums of money. Thanks for sharing this cool niche profit course! Best regards, Maria.
    Maria Pavel recently posted… CNA Certification

    [Reply]

    Eric G. Reply:

    I actually have purchased it, and you’re right, it is worth the money. :)

    [Reply]

  28. Hey was wondering how your Amazon Niche sites were doing after the google algorithm changes? mine have tanked a bit and some have come back, some I am still trying to get to come back. but it’s still early.
    Larry

    [Reply]

    Eric G. Reply:

    Mine aren’t doing too well, but I can’t tell if it’s from my own backlinking efforts or algorithm changes. All we can do is keep working at it and hope things will improve!

    [Reply]

  29. Hi Eric
    Thanks for recommending this course. You covered it very well.

    For sure I am going to get it … I am looking for any and every thing to help me improve my amazon site …

    Thanks again,
    John

    [Reply]

    Eric G. Reply:

    Thanks for the comment John!

    [Reply]

  30. How is you project going? Have you made back the 97$ yet?

    [Reply]

    Eric G. Reply:

    Yup – I’ve probably made close to $200 with my Amazon niche sites so far, but I obviously feel the potential is much greater than that. :)

    [Reply]

    J Reply:

    That’s good. I’m tempted but still not sure. Too many irons in the fire at the moment…
    J recently posted… Made For Adsense

    [Reply]

  31. Hi Eric,

    I like very much the way you work and the professionalism that you work with. You really know how to do something from zero to 100 percent good, it’s really nice to see your plans and to learn from them a lot of things and also get a lot of ideas, like I did. I wish you good luck in your challenge, I’m sure that you will succeed.

    Good luck!
    Adrian recently posted… Garden Sheds – Tips for Building a Garden Shed

    [Reply]

    Eric G. Reply:

    Thanks Adrian!

    [Reply]

  32. Eric,
    I just came acrosss this post. I’m a newbie but your idea to use Amazon as your primary affiliate looks good. I started adding affiliates as well but think I’ve gotten off target a little bit. I’m lOoking to refocus in the next day or two. Do you post monthly updates on what’s working/not working?

    [Reply]

    Eric G. Reply:

    Thanks for the comment, Thomas. Things certainly haven’t been working as well as I hoped, but I’m not giving up yet. I haven’t written many updates specific to the Amazon sites, but you can read anything I have written about them, here: http://www.my4hrworkweek.com/category/niche-site-progress/amazon-niche-site-challenge/

    [Reply]

  33. Hi Eric. Nice blog. I enrolled in the Niche Profit Course and I have to say I’m having awesome results. I hope that you reach your goal. All the best!

    [Reply]

  34. I don’t doubt his method works. But there are a lot of working methods out there, it all depends on how good you are and if you’ll manage to squeeze their potential.
    Still, i’ll wait to see some results from you and i might give it a try.
    Martin recently posted… CDL Traffic Lawyers – Why You Need One

    [Reply]

  35. A little over priced for me right now, and too much work involved. So the biggest problem would actually be time.
    But i’m relatively new to this niche world, it could be worth it once i get some more experience.
    Amit recently posted… Forklift Operation and Safety Training

    [Reply]

  36. Hi Eric!

    I’d like to thank you for being my inspiration to move into the physical product realm of affiliate marketing. I’ve built niche sites before focusing on digital products on Clickbank with no luck (I was a beginner and the market was too competitive).

    You earnings report actually motivates me of what I can achieve down the road if I start working hard today. We’re both the same in some aspect – I also have a full-time job. Before, I used to think of it as an excuse (not enough time, too tired after work, etc.) but you put in too many detail here in blog that it kinda puts my excuses to shame. Thanks for spurring me into action!

    One question though, do you follow Chris’ course to the T, of do you tweak it and incorporate other advice from other people who’s had similar success with Amazon (i.e., Jan Roos, Matt Carter)?

    [Reply]

    Eric G. Reply:

    Thanks for the comment, Tiffany!

    To answer your question, at first, I mostly follow’s Chris’ course to the T, but now I incorporate other things I’ve learned. Specifically, I’ve started building sites with the intention of focusing on Amazon AND AdSense. For the most part, the sites are similar, but there are some differences.

    Hope that helps!

    [Reply]

  37. This sounds interesting and I’m interested in purchasing the course. I’ve recently jumped into the world of niche websites but only used Adsense to monetize. I’d love to be an Amazon affiliate but I live in NC with greedy politicians and now Amazon has ended their affiliate program here.

    So my question is, do you think the principles in the course would’t apply to products through clickbank or maybe you have another recommendation?

    [Reply]

    Eric G. Reply:

    That’s unfortunate that you’re in a state that doesn’t allow Amazon affiliates.

    I think some of the principles in this course would apply to other types of monetization, but I think it’s probably only worth purchasing if you can use it for Amazon. I haven’t used any other courses that I can recommend, but to be honest, there is so much good free information out there, that you shouldn’t have to rely on a course for niche sites in general.

    The reason I recommended Niche Profit Course is because it’s very specific to Amazon and helpful for those who want to create Amazon niche sites.

    [Reply]

    Ryan Reply:

    Thanks for the honest reply. I enjoy the niche site marketing and I’m always looking for new tips.

    [Reply]

  38. I have loads of amazon sites and most don’t make any money so must admit I am tempted by this but am doing Trent’s Niche site mastery course for now.

    Does Chris cover backlinking in depth ie what tools to use and how to use them?

    [Reply]

    Eric G. Reply:

    He does discuss his backlinking strategy, but to be honest, this isn’t where the value of the course it. While his methods work, I think there are better backlinking resources out there.

    [Reply]

  39. HI Eric,

    I’m newbie to Amazon Associates and always wanna pursue more interest in this online business. However, I am still stuck at the Amazon Approval Page. I really honestly don’t know how to create a site for Amazon Approval during Sign-up process. Will Chris course be covering this as well.

    A little b/ground abt myself, I’m sceptical bcos I’m a stroke survivor who unemployed & stay at home for the past 9 yrs and I’m only 35yrs old…therefore working in a corporate office was no longer my option now. I really anticipate and hope I can do well in utilising this Amazon Associate as my fulltime income to the rest of my life; if God allowed.
    After reading your review, I’m relief & convinced, will most probably buy thru your affiliate link to Chris course later. Keep an eye for my email later; perhaps?
    If you have anything to comment or offering any asdvice or 2nd opinion, please feel fee to let me know
    Have a great day and God Bless.

    [Reply]

    Eric G. Reply:

    Hi Derick, sorry for the delayed reply (comment got caught up in my spam filter). To create a site for Amazon approval, you can simply follow the regular steps for creating a product-focused niche site (which Chris does cover), and then submit that site for Amazon’s approval. Chances are, you will be approved as long as your site looks decent. I haven’t heard of many people being denied.

    [Reply]

  40. Hi Eric,
    I think your idea of setting up 20 plus amazon niche websites is a great idea.Its funny how you setup a personal goal and then you meet people web who doing the same thing.
    Would totally be up to catching up to see how you are going.
    I am completly up for the challenge.
    While still a newbie, i think the best way to learn is to keep building websites, make mistakes,learn from them and keep tweaking things until you find a certain process that might work for you.

    [Reply]

  41. I tend to agree that the course is not primarily focused on backlinking. There are better courses out there for that and backlinking systems and products are always coming out that top the last one so many course are out of date. I found his outsourcing module very good and for me this is the only way to go if you are going to create multiple websites promoting Amazon products. Reinvest your profits until as much as possible is outsourced. I still like to write some of the product reviews and on page content because it’s hard to find writers that are good at this or understand what you are trying to achieve. But ultimately you want to outsource this too or it’s not a business.
    Greg recently posted… Who is Chris Guthrie ?

    [Reply]

  42. I just implemented Chris Guthrie’s course few days ago and I stumbled this site. Now built my first amazon niche site. Your site is a good resource to share our ideas about the course. For sure, I keep coming back and update with you my progress and I will check you progress also (mastermind principle).

    Can I insert one question? I like to put Adsense like ads on the niches I have. I cannot put Adsense now because my account was banned last year, any suggestion?

    Thanks for your help.

    [Reply]

    Eric G. Reply:

    Thanks for the comment, Roque. As an alternative to AdSense, Chitika isn’t too bad. Here’s a post by AdSense that discusses some other alternatives:

    http://adsenseflippers.com/internet-marketing/adsense-account-disabled-what-should-i-do

    [Reply]

  43. Amazon is really a good option but it takes little time to get click and orders BTW nice stuffs all above thanks

    [Reply]

    Eric G. Reply:

    I agree, it does take awhile. Thanks for the comment!

    [Reply]

  44. Was wondering how many niche sites you ended up creating and if you met your 20K/year additional goal.
    Thanks,
    Dan

    [Reply]

    Eric G. Reply:

    Hey Dan, good question. This goal was slightly side-tracked by me building a bunch of AdSense niche sites, although now that my AdSense account is disabled, I will probably return much of my attention to Amazon sites. I’m not at $20k/year yet, but I’m still working towards it. :)

    [Reply]

  45. Hi Eric,

    I got a quick question. In light of new Google updates do you still think this is a viable “business model”?

    Cheers,
    Ilhan

    [Reply]

    Eric G. Reply:

    Good question, Ilhan. I definitely think the general business model is still viable, but you have to go about it more carefully and thoroughly. No longer can you buy an exact-match keyword domain and slap together some low quality articles with Amazon affiliate links. Content needs to have more depth and value, as difficult to measure as that might be.

    [Reply]

    Ilhan Reply:

    Hola Eric,

    thanks for the quick answer. I love it, really shows you take care of your readers!
    So am I understanding you right, you think purchasing this product and going with this strategy is still a good idea?

    I finally want to get some passive income and low-quality sites were never an option for me anyway. I have bought some educational products but haven’t made any money yet so I have to weight every purchase very carefully.

    Cheers,
    Ilhan
    Ilhan recently posted… How to start losing weight

    [Reply]

    Eric G. Reply:

    To be clear, I don’t think it’s necessary to purchase this course. While there are a lot of good principles that still apply, certain topics will be outdated (such as the importance of buying an exact-match keyword domain).

    Furthermore, there’s a lot of good information out there for free – it just doesn’t come packaged together nicely as it would in a course.

    If there are specific topics you need help with, such as keyword research or site monetization, let me know, and I can try and point you in the right direction (to a free guide or resource online).

    Ilhan Reply:

    Thanks man, I really appreciate the help!

    So far I have read a lot of material and my biggest problem is actually DOING something instead of reading lots of material. So I have to get my ass off the couch :D

    Thanks again!
    Ilhan recently posted… How to start losing weight

  46. Thanks dude.Its a good review, I got useful info from this post.You ave written such great post.

    [Reply]

  47. Hi Eric,
    Just curious about how this worked out for you. Any feedback you can share with us?
    Bryan Hammond recently posted… Online Work- Your Key to Financial Freedom

    [Reply]

    Eric G. Reply:

    Sorry for the delayed reply to this comment – This plan didn’t work out so well mainly because I lost most of my Amazon sites to the Google “Penguin” update. I am planning on creating a new Amazon niche site soon though, using some newer SEO methods that should be “Penguin-friendly”.

    [Reply]

  48. Good writing. I appreciate the information you share in your writing. I want to earn $20k/year, too. I will think of buying the course from you.
    Sim Pham recently posted… The instant guide for 9 good time management skills that really work available now!

    [Reply]

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