Tag: successful internet marketers
Niche Internet Marketing: How To Identify Gainful Niches
Don’t make this gaffe…
When selling a product, most newbies make the gaffe of developing their product first, and then attempting to pick a market for it.
The process should of course be inverted.
Identify a market first that spends cash, then find out what they desire and deliver it to them.
Different mentors have various ways to finding valuable niches for them. One expert who stands out is Glen Livingston. He is the “go to guy” for new market choice. He was able to go in 16 new markets lucratively using his hyper-responsive marketing system.
Here is on the other hand a straightforward a strategy you can evaluate for yourself.
First, you must be conscious of trends and current events in the real world.
When you have several general ideas to do research, you can commence the route by heading to Google Zeitgeist to check out hottest search trends.
Suppose you observe that a particular subject is hot, take note of it and look at more targeted sub-niches later at more specialized sites.
The eBay Pulse site is a cool place to begin searching at sub-niches. Check the biggest stores as well to view what they’re
selling. For being the leading stores, they must be doing something properly.
Now that you have some likely sub-niches to operate with, you like to see the degree of the market. Just because a sub-niche is popular doesn’t mean folks expend money on it.
Amazon is a beneficial place to see what at this time exists for any given sub-niche. Usually, the more books there are written on that focus, the more that market spends on those areas.
You desire to be positive that your niche is great enough and that the folks in that niche spend dough.
Next, go to the Overture Resource Center and click on the “Keyword Selector Tool.” Put in the niche and see how many times that keyword and all related keywords were scouted in the earlier month. You want to see at least 10,000 searches for all keywords collectively, but not exceeding, say, 50,000 or so.
You can then see how much pay per clicks (PPC) is going to cost you on Google Adwords. For that you can use Overture’s “View Bids Tool.” You like to make certain you won’t have to shell out more than a dollar or two per click on average.
At this phase, you are simply attempting to grab a pulse of this market. The bid process as well tells you a little about the income potential of a market. As a rule of thumb, if the maximum bid results are between 30 cents and $2.00, it’s a great sign that folks are making money in this market.
Performing the above steps gives you potential rewarding niche to further look at. Discovering gainful niche is the first step for successful internet marketers . It’s a vital step to ensure an internet lifestyle which many struggle to accomplish.