How to Research and Find a Profitable Niche Online.
Hey Guys,
Niche marketing is not about trying to sell your product or service to the world at large.
Niche marketing is not about focusing on the big picture. It is about focusing on the small picture and the smaller the better.
Narrowing your niche down to a very specific part of a larger market assures you of gaining a fair market share of that small part.
Deciding on what service or product you will promote in a new niche market should be based on a simple principle.
There should be a demand for your product or service.
You want to offer something that people actually need, something that will make their lives better, make them feel better, make them look better, or help them solve a problem.
The next thing you need to learn as you research your online niche market is what you can reasonable charge for your product or service.
The best and most effective way to do this is to visit other sites that advertise products or services similar to what you have chosen to sell.
It should be very easy to see if they are giving away a service or selling the product at a price far lower than you would have to charge.
If you can determine that there are people out there who are willing to spend money to buy what you are selling and you can identify those people then you have a niche marketing product or service that can make money on the Internet.
Research is the key to successful niche marketing.
Now, I know the prospect of research isn’t thrilling but it can literally make the difference between significant success and abject failure.
All the best,
