Forums have been around since the dawn of the internet, and even before that (albeit, in a slightly different form). Whoever thought of the idea of creating an internet forum was a genius, as there is no easier way to develop an online community that shares the same communal values and interests.
The key to making money online comes down to targeted traffic, trust, and necessity. If you are an affiliate, you may opt to create an authorative landing site for an affiliate offer, showing the end user a positive experience that is more likely to result in a conversion.
An internet forum is kind of like a large conference hall: thousands of individual people all voicing their thoughts and opinions about common interests. As an affiliate marketer, it would make sense to try and grow a forum around a series of affiliate offers, as people who participate are also likely to convert.
If you are running an offer for Cars.com, placing the offers creatives on your automotive themed forum is much more likely to convert than simply scattering the links around various websites. This is due to three things:
- Mentality. Someone who is active in a similarly themed forum is more likely to become a conversion simply because they are more familiar with the offer.
- Interest. You never know the mindset of your forums members, and placing offers that are relevant to their known interests (the forum topic) is more likely to result in a conversion. Users may be seeking various aspects of the niche at any given time, so catering to those needs is a win/win for all parties involved.
- Trust. Active members of your forum are going to have more trust in the forum than some random landing site. This can work out to your advantage.
Case Study
A prime example of this type of monetization is PhenForum, a community based website about weight loss pills. The developer of PhenForum is a very smart marketer, as developing a community around one of the most lucrative markets in the world was a very smart way to develop an income.
PhenForum actively encourages its users to share weight loss stories, success, and failures, as well as experiences with various weight loss supplements. It also has affiliate links to various types of weight loss supplements, such as Phentramin. Through active encouragement of its user base, as well as clever SEO techniques, PhenForum is one of the top search results for many keywords and generates thousands of dollars per month in revenue.
Proven Success - Yours to Achieve
Starting a forum is almost identical to starting a website: you need to create the actual page, develop traffic, and generate an active user base. An internet forum will start to grow on its own as your forum attracts new members- word of mouth and viral marketing can bring in big results once they get going.