Jun
28
Kristian M wrote: I am with a small marketing company. We have a site that produces leads in a niche market. We currently have around 20000 users since January, who are interested in a New Home and financing. We are interested in working with someone who would like to work these leads.
Credit Repair
Jun
28
ReynoldsBoy wrote: Would like to build an e-commerce site and looking for fun/weird/unique markets to reach. Any advice, product recommendations or niche market suggestions would be greatly appreciated! Thanks!
Motor Scooters
Jun
27
loan6day wrote: What exactly do you think about this niche business market website at http://niche-resale.com/nichelist.html. I need good comments, please. Thanks in advance.
Designer Handbags
Jun
27
motherjuice wrote: Also what do you do first, look for a niche or get good keywords?
Trim Dog Nails Safely
Jun
26
freddy wrote: Im just looking for a good video that is easy to understand of how the stock market works, i dont need to many details just the basics. Thanks.
Credit Repair
Jun
26
cute_420 wrote: Essentially, I am looking for micro-communities on the internet, small niche audiences. Specifically for these micro-communities, I want to find the top website for each community. For instance, for knitting, http://www.knittinghelp.com seems to be the essential resource for this smallish community.
Online Business
Jun
26
Alex wrote: Niche markets are highly targeted and exist because the demand for the specific content or services is not fulfilled by the current large suppliers. Creating an online retail store on African Miniature Sculptures will basically work because it satisfies the existing product and information demand by a consumer market that is neglected by other retailers.
Long tail keywords are basically what we are all looking for in niche markets, often called micro-niches. Despite their efforts to satisfy the masses, low demand or specialized products are still not provided by the mainstream retailers with one of the highest distribution.
We all know that big retailers or the market leaders always dominate for one reason: their brand and competitive pricing but niche businesses always win when it comes to niche product variety.
This niche focus and emphasis on fulfilling the needs of a highly targeted market. Niche markets have proven to work at their best while markets are always expanding.
Why choose a niche market?Because no one is born a huge retailer, you can target the exact products for the right customers, trends are always changing people are always looking for the highest quality products in niche markets.
How do we find the perfect niche market that will suit your online business?Recently I have been researching the whole software market and found
Micro Niche Finder to best one of the best tool to drive laser targeted traffic to your micro-niche website. Either you are selling Cuban Cigars or Vintage Silver Jewelery this software will find the exact long tail keywords you need. Micro Niche soft-ware is practically an advanced tool to detect the most profitable niche-markets online.
Affiliate Marketing
Jun
26
Ashton S wrote: I am sick of all these saturated niche markets it seems like if there was ever a niche market or any way to make money at all it has been exploited to the max.
Hot Music
Jun
25
Tuks Engineer wrote: I get dumbfounded. Another dozen “Sizzling Niche PLR Package” type offers float into my inbox. I suspect the niche markets they’re in aren’t quite all they’re made out to be. I do my usual check - crunching the numbers in overture, looking at the big ticket affiliate programs on offer and browsing over typical Overture/Adsense contextual payouts.
I shake my head in dismay. Click. Get into my trash where you belong.
The thing is I’ve been an internet business entrepreneur for years. I know how to separate the chaff from the wheat. Most newbies don’t and that’s worrying. That’s the point of this article - I want to share with you *exactly* how to analyse any and every niche market so that you can do your own research and never be tricked by another niche package that’s been developed by some greedy fly-by-night merchant that’s just cashing in on the PLR craze.
If you’re about to set-up a niche online business, for the first time or not, you must research the following very thoroughly before whipping out your credit card and buying the first niche package with private label rights that comes your way.
Here are some of the broad techniques that I use to analyse any potential niche that I’m considering entry into. If at least four of the five aren’t right, I’ll walk and move on to the next niche on my list.
(1) It All Starts With The Back-End & Existing Income Generating Opportunities - Do They Exist?
I’ve seen it all. Niche packages on internet marketing, pet grooming, how to make your own candles… the list goes on. With any potential niche you MUST start with the back-end opportunities that are available to you. By this I mean the additional income generation methods once you make the first eBook sale or after you get your prospect to the website. You’re not going to get rich on $29 book sales so you need to find some additional items that would interest your prospects. Here are some things you must look out for:
- Are There Big Ticket Products? Even if you convert a standard 1% of a $1,000 product (paying half of the sale value in commissions), you’re going to earn $500 from every 100 visitors to your site. Believe me, in some niche markets there are just no big ticket items (either because the niche isn’t big enough to support such a thing or the site infrastructure is not available as the niche operates largely in the old offline world).
- Multitude of products: I like niches that offer a multitude of different products. CD’s eBooks, DVDs, seminars, courses, software, membership sites. It means that there are lots of unique products to offer your prospects. In some niche markets there may be only one or two established packages for potential customers… they’ve seen it all before, may already have it and your chances of making that back end sale gets much tougher.
(2) Show Me The Numbers - OVERTURE!
There’s a debate with some online celebrities as to whether “numbers” matter - by that I mean the number of prospects in any given niche. I don’t want to perch on the fence. While I do think it’s possible to operate profitably in some smaller niche markets, I much prefer BIG ones. Niche industries that have a pool of prospects that number in the millions or even the billions. There’s just a certain comfort knowing that your niche enjoys that sort of demand and it increases your ability to create sub-products, put a spin on your products to target sub-niches and so on. That’s why I love niche markets such as investment & finance, real estate and travel - the numbers alone mean you have a fair chance of success.
(3) Cash Rich Prospects - Don’t Try To Sell A Porsche To A Beggar.
I don’t wish to sound insensitive with this but I’m here to try and help you make money - not win an award for humanitarian of the year. The simple fact is that if you want to make money, you need to sell to people who have money. That’s just basic common sense but you’d be surprised at the number of people who do not even consider this factor before jumping into a niche that has limited cash backing. Now combine a market that has MILLIONS of cash rich prospects and now you’re in a prosperous niche. People in such niches usually pay good money, often without too much thought. For example in the stock market and real estate niche market it’s common to spend $5,000 to attend a seminar and some real estate investors will splash out $300+ on the fly just to view a property that’s abroad (very common in the UK where cash rich investors jet off to Spain/Bulgaria/Portugal etc to inspect a potential buy). This is the sort of prospect you want to sell to.
(4) What Do Advertisers Pay To Advertise In Adsense/Overture? How Many Advertisers Are There?
I like contextual advertising - Google Adsense. Some people have been comically predicting the death of Adsense. Check Googles stock price and you’ll find that these people probably have IQ issues. See, in *their niche* (probably internet marketing) Adsense incomes may be on a short term downtrend so of course some set off into a magnificent panic while others sell hyped up reports to exploit the situation. Actually, Adsense in the internet marketing field isn’t all that great - the payouts to publishers can be low (though not always - I’ve had mixed results myself). In other markets it’s brilliant. In real estate returns of $5+ per click are not uncommon. In the investment niche it can be $8+. In these niches Adsense becomes your best friend - it also has an overwhelming ad stock inventory for popular niches and the ads are highly targeted - for example one of my niche sites reviews the Maldives as a luxury holiday destination including a page on each specific resort (eg Hilton). Thanks to Google Adsense, when a visitor comes to the Hilton review they are offered an ad that takes them to the Hilton resort (similar on many other resorts too). This is great for the advertiser, great for the publisher (me) and very convenient for the visitor. Everyone wins.
I divert somewhat - when you analyse a niche the point is that you should not only check that the bid values are high, but also that there are a fairly high number of advertisers (more competition means bigger bids means bigger commissions). In some small or unfancied niches there just aren’t enough advertisers. Why? Because the prospect base is either very small, has no money (or both).
(5) Pay Per Lead? We Love It…
I believe we’re going to see a lot more about Pay Per Leads in the near future. This is when you get paid for a particular action made by your visitor to the advertiser. Typically it means they fill out a short form, or download an eBook, or set up a free membership - the visitor doesn’t have to buy anything. Pay per lead can be very lucrative, particularly in industries such as real estate and foreclosures. I’ve seen some of these niches offering $5 to $20 per lead that you send them. Why? Because just one lead that goes on to buy a property or use their services can bring in several thousands or even hundreds of thousands for them in income. What’s $20 to get in that type of business?
Another big plus point about pay per lead is that once you know how to wield your own content with it the response rate can be explosive. For instance it’s quite easy to write an article on making money through foreclosures, and then prompting your prospects to take action by downloading a free eBook on foreclosures (for which you get paid $5 per download).
The above is the same basic blueprint I use to investigate my niches and I really urge you to do the same. Next time you see one of those junk PLR products trying to get you to pay money for content that has no potential or future you’ll be able to pick it out and trash it yourself.
Happy niche hunting!
Puppies for Sale
Jun
25
Bruce wrote: Whether it be something corporate or potato farming– How do you know what career path is right for you and make you the happiest?
Online Business
Jun
24
Davion W wrote: Niche marketers are constantly searching for answers, and hunger for the Holy Grail to niche marketing. Perhaps what we frequently may ask is what the real big time gurus are doing to their niche websites that make them so much cash everyday that make all of us drool over. What are their niche marketing secrets?
I guess that there are no real niche marketing secrets. Oops…before you jump at me, let me explain. Basically, there are no secrets, but it is just that niche marketing gurus know and do something which we do not know. What do they do really? Here are some elements that explain their niche marketing success behind all niche websites they build.
1. A Good Grasp of Knowledge
Do not be an information garbage bin. The whole internet is flooded with tons upon tons of free reports, articles, blog posts, forum posts and information is everywhere. But marketers just simply cannot pinpoint what works and which niche can be a good one to create profitable niche websites out of it. Too much unprocessed information is digital trash. You really need to brush aside distractions, sit down, think through and get into some action testing out different niches. Some may work, some may fail miserably. But at the end of the day, you would figure out a system that works well.
2. Huge Resources
Niche Marketing Gurus do not do all the work themselves. In fact, some do not work at all. They have whole teams of writers, graphic designers and so on to toil for them. These guys have mastered the concept of niche marketing and are able to work out a system that keeps repeating the proven steps to create tons of profitable niche websites. And they can do so with huge resources to exponentially shoot up their earnings.
Of course, you may whine that you do not have the money or resources to build an empire of niche websites that pump in cash everyday. Well, at the beginning, you may have to get your hands dirty on every task from learning basic HTML to create a blog, learning how to modify a template, how to submit an RSS feed for more traffic and so on.
But as a learning point here, you must always set aside time to think how you can automate each task so that you can have more time to grow your mini empire of niche websites. This can mean hiring people to help you with the content creation, or even investing in automated blogging software that can do the menial and boring tasks for you. With automated tools, you can automate tasks, and achieve much more within the 24 hours you have everyday. You can use that to build more niche websites, or think of more ways to monetize these niche websites. Think about the possibilities!
Let us paint a picture here. Mr Newbie Niche Marketer finally sorts out his thoughts and starts to build 1 niche website a week. And he is diligent in the creation and updating and does that consistently. At the very best, he can only build 4 niche websites every month. And his income sees a small improvement each month. Maybe each website earns him $50 every month. So his income climbs $200 every month. Not bad!
But compare to the Niche Marketing Guru who contracts a software developer to build him automated blogging software that create niche websites on autopilot. With that, he can build 10 to 20 niche websites within a day. So he adds $15,000 to $30,000 every month to his bottom line.
See the difference in the way niche marketing is done?
This is how these Niche Marketing Gurus are making great income while you still struggle with petty income. What if this kind of powerful software is in your hands? Can you imagine how you could get the cutting edge like the guru? Perhaps, you can even become a Niche Marketing Guru yourself one day. Find out how through my niche marketing blog.
Home Business on the Web
Jun
23
Annika D wrote: Making money is great, don’t get me wrong, but if I could find my own niche where I would be helping people, too, that would be even better. Does anyone have a suggestion?
Online Dating
Jun
19
Russel A wrote: What is the best digital camcorder/video camera on the market right now? Preferably with a hard drive or flash memory. Something that isn’t extremely fancy, but still very reliable and efficient
Search Engine Placement
Jun
18
Filed Under Blues | 3 Comments
Twinki wrote:
I would like to create a music video to use to market my demo in local clubs/venues. How can I do this w/o spending a fortune? I don’t mind if the production is not like a++, I just want something that will be artistic and compelling.
Jun
18
Designer wrote: I have an business in interior design and decorative painting. I have recently decided to specialize in children’s decor from the nursery to teen-age retreat with an emphasis on eco-friendly products that are organic and all natural. I am a full service design studio, but wanted to be set apart from the rest. What do you think?
Designer Handbags
Jun
18
Todd Ash wrote: The word “niche” comes from a French word that means to nest. Niche marketing is targeting a product or service to a small portion of a market that is not being readily served by the mainstream product or service marketers. Nearly every business fast food chains, convenience stores, even Wal-Mart was begun to fill perceived voids in the market place. However, niche marketing usually refers to small or moderate size businesses or farms that produce a specialty product or service for a limited segment of the market.
Market niches can be geographic areas, a specialty industry, ethnic or age groups, or any other particular group of people. Sometimes a niche product can be a variation of a common product that is not produced and marketed by the main marketing firms.
Niche markets may be ignored or discounted by large businesses due to what they consider to be small potential; this in turn is part of the process that makes the niche market available to smaller businesses. The key to capitalizing on a niche market is to find or develop a market niche that has customers who are accessible, that is growing fast enough, and that is not owned by one established vendor already.
Niche marketers are often reliant on the loyalty business model to maintain a profitable volume of sales. The term “niche” was first used by ecologists to describe a species’ position and use of resources within its environment. When used in business the term implies a situation or an activity perfectly suited to a person or a given type of personality.
The answer for most agents is a target of 500-1,000 homes. Focusing on a niche market enables you to reach the consumers with the frequency and quality to generate the awareness required to win business. That is the power of focus. Because an agent runs a very small business in comparison to the entire real estate market, it is critical to identify a niche and serve it properly. First, there are plenty of niche markets to choose from. There are literally thousands of underserved niche markets within real estate and more developing every day.
Focusing on a niche market enables you to reach the consumers with the frequency and quality to generate the awareness required to win business. Because an agent runs a very small business in comparison to the entire real estate market, it is critical to identify a niche and serve it properly.
The alternative, attempting to market yourself to an entire geographic region, for example, is the fastest way to waste money in real estate. There are literally thousands of underserved niche markets within real estate and more developing every day. A market is underserved if its needs are not being sufficiently catered to by the currently available service providers.
Another man makes a million dollars a year selling educational material to the carpet cleaning niche market. Yet another sells reports to small businesses to the tune of $25,000 a month. Take a look around the Internet niche markets are thriving. Practically every product or service sold on the Internet is part of it’s own unique niche market a specific field or area of interest. Plenty niche marketers do just that. For example, one man makes an easy six figure income from his website teaching self esteem to children through Karate.
Directories are also broken up into categories for you but there are also niche directories that focus even more on a specific niche. You can usually find niche directories by searching Google or any search engine you like for a specific keyword about your business. Some examples include: MySpace, Facebook and You Tube. Many social media sites are already broken up into niche markets.
Once you’ve established where you niche community is you can begin to target their needs. All three of the above alternatives to finding your niche markets have to do with getting involved.
To maintain a profitable volume of sales, niche marketers are reliant on the loyalty of customers. To increase the customer loyalty it is important to focus on the quality of the product or service provided, this will generate customer satisfaction, trust in the product or service, and consequently sales. Type in your niche market term describing your product and you will see how many searches for this term and other related terms were done in the past month.
The number of searches per month will depend on the niche market, but in general look for terms that are not higher than 20,000 a month. As a thumb rule, you should look for terms that have less than 1,000,000 searches per month for Google, 400,000 for Yahoo and 250,000 for MSN. Based on the balance between demand and supply you could reduce the number of terms and narrow down your market niche.
Examples are custom welding and hoof trimming. So, one way to recognize the potential for a niche market is to think about those goods and services you need. Many people have hobbies they enjoy, or develop special skills. Sometimes these hobbies and special skills can evolve into a niche market. It is obvious from the table that niche marketing is everywhere. Sometimes the niche served is so narrow that the product is aimed at one small group within a market.
Creating Niche web sites is currently the hottest topic on the Net today. Affiliate Marketers would do well to pay attention to this trend, this present day success system. This Niche Marketing Information Center, is rich with information and is here for you. Niche Marketing is in, as well as Affiliate Programs for Niche Markets. Internet Marketing is so competitve and saturated with thousands, even hundreds of thousands, all trying to sell information products about how to sell information products and be profitable online. Where does it end?
Research and choose your keywords carefully so you can acquire the best domain name for your site. Niche marketing most often includes maximizing the way search engines work to make sure that your web site gets listed on the first page of the SERP’s from your chosen keywords.
Relaxing Music
Jun
18
Hugh Fisher wrote: Niche Marketing Video TrainingThe easiest way to learn niche marketing is through video training. Niche marketing video tutorials can guide you through the important aspects of niche marketing, and share profitable ways of serving your own, unique market segment.
Niche MarketingNiche marketing is the marketing of a product, service or idea to a particular segment in the market. Your market offering has a unique feature that satisfies the need of the niche segment. This need is usually not satisfied by the big companies. Niche marketing is can help you make a very profitable business, if carried out properly.
Why niche marketing?It requires a lot of resources to open a giant multinational, and not everyone can afford it. This does not mean that businesses should be left to the multinationals only. You can become a niche marketer and start your own business. As a matter of fact, niche marketing has many advantages:
Niche marketing allows business owner to focus on a small market segment in the society. This allows the business owner to serve customers in an efficient manner. The satisfied customers not only become loyal to you, but also share the good experience with others, thereby generating more revenue for you. Niche marketing has lesser competition. You have your own niche market and no one bothers to interfere in your business. It awakens your entrepreneurial skills and allows you to come up with new ideas and market them to the people. You do not need heavy investments to start your business. You can start your business anywhere, even at home. A large number of people are starting over their own businesses and serving their niche market using online niche marketing.
With niche marketing you take advantage of the World Wide Web to market your products and ideas. You can easily create your own website and sell your products on the internet. If you are offering training classes for English language on the web, you could perhaps advertise your services on Spanish or French websites.
Online niche marketing is becoming more and more common for these simple reasons:
It can easily be started at home A 9-5 job is not suitable for everyone. Niche marketing is your chance of escape. It is a very profitable business and people have generated a lot of revenue from it.
Important points for Niche Marketing Before starting out on your own niche marketing venture, you should cater for the following important points: Have your own unique market offering that is distinct from the rest of the market products and services and can satisfy a particular need of the society. Instead of focusing on you own product, focus upon the customer needs and the best way to serve them. You should speak the language of the customer. Give consideration to the ‘you’ attitude. You should test market your products and services to see what effects they create in the minds of the customers. There are many ways of carrying out test marketing. Give out a free-trial of your product and see what the customers think about it.
To learn more about locating an affiliate marketing niche please visit: www.NicheProfitClasses.com
Create Niche Video Sites Fast
Jun
17
A S wrote: I’m looking at starting a niche online social community and am curious if people think that there’s true use in these communities.
Create Niche Video Websites
Jun
16
Betty B. wrote:
I really need this for a school project i have looked everywhere and no luck. Please, i’m desperate.
Jun
16
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