Profitable Niche Marketing
Determining a market niche is one of the most important decisions you will make. If you choose well, chances are great that you can make good money. If you choose poorly, then you will likely struggle.
While you can take more time if you like to, most people find a market niche they can explore in as little as one day. And very often, people identify several while going through this process.
Follow this lens to know the top sources to find a niche Marketing strategies
While you can take more time if you like to, most people find a market niche they can explore in as little as one day. And very often, people identify several while going through this process.
Follow this lens to know the top sources to find a niche Marketing strategies
Table of Contents
contents of profitable niche marketing lens
What is a niche?
define niche
Let's define a niche first, so we both know what we're talking about:A niche is just a tiny, highly specialized marketplace.
A marketplace means that there's demand and supply.
so A profitable niche is a highly specialized marketplace with few competitors, high demand and money to pay for that demand.
Niche Poll
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Why niche marketing?
Many people ask me why niche marketing is so important. Well, there are several reasons:Less Competition
In general, the more specific your market is, the less competition you will experience. You can brand yourself as the expert as long as you deliver high quality information to your prospects.
Hungry Buyers/Seekers
The greater the demand and the lower the supply, the more likely people want to pay for what they collect.
NO Large Corporations
Because niche markets are relatively small and require special knowledge, large corporations will often skip them.
eBay Stuff
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How to Find Your Niche ?
Know Your Niche Finder Strategy
Before we dive into this, be aware that the whole process described below is an estimate, not exact science. It's just to give you an idea about the possibilities in your niche market.These places are markets and you can find a niche there :
Amazon Stuff
Mastering Niche Marketing: A Definitive Guide to Profiting From Ideas in a Competitive Market
Amazon Price: $26.37 (as of 12/02/2009) 
First, Best, or Different: What Every Entrepreneur Needs to Know About Niche Marketing
Amazon Price: $17.05 (as of 12/02/2009)
Get Niche Quick!: The Definitive Guide To Marketing Your Business On The Internet
Amazon Price: $17.95 (as of 12/02/2009)
Niche Internet Marketing: The Secrets To Exploiting Untapped Niche Markets And Unleashing A Tsunami Of Cash
Amazon Price: $17.00 (as of 12/02/2009)
Niche Envy: Marketing Discrimination in the Digital Age
Amazon Price: $11.66 (as of 12/02/2009)
Niche Marketing Sources
To get general ideas about Profitable Niche Marketing, you can visit:
- Google Hot Trends
- Reflects what keywords people are searching for on a daily basis.
- Lycos Top 50
- Top 50 Weekly Search Terms
- Yahoo! Buzz
- Today's Top 20 Overall Searches
- eBay Pulse
- The eBay Pulse contains several dynamically created lists showing popular searches, stores, products, and more.
- Amazon
- Amazon is a great place to see what currently exists for any given sub-niche.
How to use these niche keywords?
Profitable Niche Keywordss Usage
Buyers use search engines to find what they are looking for.Once in a search engine they use phrases or keywords to find what they are looking for. We want to know what phrases they use.
So, let's discover first what these buyers are searching for online.
Let's do some keyword research.
Go to Google Keyword Tool
Then, type in your keyword and enter the challenge response word.
Click on Get More Keywords.
Just click the Selector to change the display view to Costs and Position Estimates. You have to fill in a daily budget. Set it to 100 dollars, so you will see the maximum bids.
Next, click on Estimate Average CPC to order the bids from high to low.
Now you can see what advertisers are willing to pay for these keywords! If they pay more than a dollar per click, you may have found a niche where people are willing to spend some money.
How to use your Niche key phrases?
Test your Niche
Let's go to Google and enter the keyword phrase (include the quotes - we're looking for the exact phrase!).At the top of the resulting page you'll see the number of pages that Google found for this key phrase.
If you decide to build a website , a blog or a niche store for the niche you've found, ideally you want to find 10 - 15 key phrases that you can use as (sub) categories in your website/blog. From these keywords we have to select one as the name of our website; all others will be categories or directories within the site.
Because it's a niche and these key phrases are so closely related, you have a very good chance to score high in the search engines for these key phrases.
Niche Marketing Products
Fetching RSS feed... please stand byUse Profitable Niche Marketing Software
MicroNicheFinder to discover hidden niche markets
Here's a Powerful New Software Tool Uncovers Hot Untapped Niche Markets that Have Been Completely Overlooked by the Masses and Allows You To Swoop in and Absolutely Dominate these Niche Markets in Google!With MicroNicheFinder , It takes very little time to Discover hidden micro niche markets so profitable that the competition will wish they had found them first
You can quickly able to narrow down to niche type markets. highly recommend it to anyone doing any blogging or researching of search trends on the web. it is one of the best keyword and niche research tools available.
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- nigelretpirt nigelretpirt Mar 2, 2009 @ 6:53 am
- Great lens on niche marketing with some great resources.
Nigel
niche blueprint review
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