Posted Tuesday, November 9, 2004
How often do you tell yourself:
"I wish someone would really show me how to find profitable niche markets instead of giving advices without real indications"
Sure, it's not easy to find and market a niche since someone else already offers most products on Internet. But that doesn't mean there are no more niches to find where you can market in. You even need not to be an expert on the niches you want market- the big gurus are not experts on every niche they market.
You have to make some research to find an idea and a product to market, and even more research to value the worthiness of a Product. Anyway, with the right ndications, you can in 10 days or less put together a value product - marketable to a niche. But if you don't know how and where to start, it becomes nearly impossible to develop your own niche market product.
Where to start?
1.Find a niche with low competition.
2.Qualify the niche for it's profit potential through testing.
3.Analyse the results.
4.Create winning special products by packaging hundreds of readily available resources on the World Wide Web in a manner that would make the products an instant hit in their target markets.
Well, you should start researching on the Internet what products may fulfil a possible niche market with low competition. This you find out through searching on different more or less known web sites on the Net.
Check for example "How to" sites out, these websites comes with hundreds of ready-make how to ideas, each of can be a special info product you can create. Go to classroom - sites, check what they're teaching there. The classes usually are divided in sub categories like alternative medicines, home garden, test preparation etc. Each of them would give you a bundle of ideas to come up as your own niche product ideas. Video - learning sites are a good idea-source for a niche market product, you'll find for example themes like Gardening, Self - Defence, Photography, Fishing etc. Visit also theme based Forums to pick some idea for a future Product up.
After you've find an idea for you product, digger deeper to verify and qualify your niche idea like smart marketers does, pass it through two qualification indicators.
First - there must be enough people searching for the information you're going to market.
Second - there should be at least already one or two products in the market niche.
The following niche-qualification tools helps to verify the above qualification points.
With 'Overtures keyword suggestion tool (http://inventory.overture.com/d/searchinventory/suggestion/) you control how many requests are made in the last month for a certain product by typing in relevant keywords to your product, there should be at least 25000 searches for your base niche. Refine your keywords - with help of Word trackers thesaurus tool (http://www.wordtracker.com) you'll find more keyword variations there then you will ever need. Overtures bidding tools (http://uv.bidtool.overture.com/d/search/tools/bidtool) gives you an impression of how much the competition is paying for your keyword. More they're paying for a search term, much more will it be a valuable product to market.
Another place to verify the top search terms could be Lycos 50 (http://50.lycos.com/)
Verify also if there is already a market in your niche, Amazon (http://www.amazon.com/exec/obidos/subst/home/home.html/102-6359319-8544909) Turns out to be a useful site for your research. Amazon gives you many advantages: You can verify what are the top sellers from your chosen niche. You can get ideas of what is selling; try to find where is the gap that you may chip in. Amazon's future "look inside the book" shows you the topic what authors are dealing on. And finally, you can get feedback from the users of these books. Then, eventually you could consider a different packaging for your product.
A good way for testing the possible request for a product is by offering on Ebay (http://www.ebay.com/) a report about your product for little Money say $5,00, just to evaluate the market and attract visitors to your site to sell even more products. Don't know how to write reports? Let it do by someone else, or let control and correct them for as little as $ 2,50 from experts (http://www.yourbestwork.com)
If you're still unsure to establish your niche, evaluate this "Niche Market Tool Kit" (http://www.trafficjam.cashplanet.biz/niche-report-toolkit.html) a step-by-step guide taking you by the hand through the whole process, it indicates the most important sites and addresses necessary to overcome any obstacle by creating your own niche market. After you're done with all this steps and have evaluated the marketability of your new product, make a web page or a mini site (http://www.trafficjam.cashplanet.biz/profitable-minisites.html) and start promoting it on the Net. For effectively promoting your product use Google Ad Words (http://www.cashplanet.biz) it brings results within hours by very small investment. Write reviews about your product and publish them in various places attracting even more visitors to your site. Optimise your web site to reach first rankings on search engines and you'll soon see that results are coming in. Use this reciprocal linking tool (http://www.trafficjam.cashplanet.biz/reciprocal-linking-tool.html) what certainly will boost your search engine ranking to the sky.
Wishing you good luck!
[b]About the Author[b/]
Werner Boersch is the webmaster of (http://www.cashplanet.biz). Visit his site for free articles and tutorials focusing on Internet marketing and website development issues, includes also free ebooks, webmaster community forums and the latest news from the Internet world.