Building an Internet business based on a specific niche is not only good sound business it's smart.
What is a niche?
Boiled down, a niche is a specific area of interest people have. An example of a niche would be remote control cars.
People go crazy for them. They have complete web sites with:
1. Articles
2. Email newsletters
3. Forums
4. Part suppliers
5. Companies who sell popular remote control cars
I could go on and on, the point is, this is a niche market that is both popular and offers a variety of ways to earn income.
Three Steps to Internet Income
1. Find a niche people are interested in.
This part is where research will pay off. Visit Google.com, type in a key phrase, for example, "remote control cars" remembering to add the quotes too.
Look to the right hand side at the Adwords section. How many ads do you see?
If you see 5-8 this will show you people are spending money to advertise within this niche. This is the first clue this niche is popular.
Now look at the number of pages matching your keywords. If the number is large, say 1,000,000 for example, this means you might want to narrow your key phrase down to something a little more targeted.
Like, "remote control car racing."
Important: You will still offer a product or service targeted toward remote control cars. The reason you narrow it down is to eliminate competition.
2. Identify a target product or service that will help solve a problem or give them a desired benefit.
This step can become tedious and mundane. However, if you adhere to this rule of thumb you should do fine.
Rule of thumb: If you can earn at least 25% of the gross sales price for the product avoid it.
You can do a search for resale rights on products within the niche you are searching for. Most of the time you'll find a few if not more.
3. Find out where they are and sell it to them.
This is the easy part. Yes, I said easy.
(a) Forums. Forums are a great starting point.
(b) Related web sites. Joint venture your information product with a site that sells tires for example.
(c) Email newsletters. Type in "remote control cars" and visit the web sites listed. Most of them offer email newsletters to their visitors. Find their rates and place your ad.
Granted this is the simplified explanation of this process but it can be repeated with any niche on earth.
Now that you have your feet wet...
...what are you waiting for?
Get out there and find a niche and profit from it!
Jason Mann is a freelance writer and netpreneur who specializes in building businesses based on specific niche markets. For a free report about niche marketing visit his website at: http://nichemarketing.majorprofitmargins.info a>
The numbers are supposed to be big in online marketing,... Read More
Whether online or offline, small businesses often show little faith... Read More
How many times have you wondered what magic formula the... Read More
Banner advertising can dramatically help you increase traffic to your... Read More
When you start your online business, you will go through... Read More
During a saxophone lesson the other day I realized how... Read More
What is the most important skill you can possess as... Read More
The world of Internet marketing isn't all it's cracked up... Read More
The emergence of globalise trade, increase in foreign investment and... Read More
OK, you've been bustin' your butt trying to make money... Read More
There is a common misconception that an "online business" requires... Read More
Many people throughout the life of online marketing have utilized... Read More
If you own your own website, there are a variety... Read More
All online businesses are nothing more than lead capturing machines.... Read More
Today I was optimizing a couple new websites for search... Read More
Creating a network -- meaning a community of users --... Read More
The Internet is connecting advertisers and marketers to customers from... Read More
Do you know the secret that allowed 100% of the... Read More
If you get an email with a title like 'Don't... Read More
Do you want me to tell you the truth or... Read More
It can be a challenge to market real/tangible products in... Read More
If you have a marketing business, chances are you get... Read More
Often-overlooked commands can boost sales and project a more professional... Read More
Real estate has made many people large amounts of money... Read More
Hoo boy, I am sticking my neck out here! Ready... Read More
Viral marketing is probably the number one method for generating... Read More
Being online is not only about getting your piece of... Read More
So you've started your business and you have a website... Read More
No I am not talking about the classic board game,... Read More
A banner exchange program is a network of websites that... Read More
Good morning, you fellow marketers! Well, you do not have... Read More
1. Email each visitor a satisfaction questionnaire after they purchase.... Read More
My wife laughs every time she sees me doing it.At... Read More
What can Mother Theresa and Charles Schwab teach you about... Read More
Viral Marketing and Communications, Buzz Marketing, and Word of MouthMeans... Read More
I'd like to let you in on a little secret... Read More
Since I own my own business web site and have... Read More
Web site marketing is the most important part of your... Read More
OK, you've been bustin' your butt trying to make money... Read More
Information OverloadWith information overload rapidly killing traditional forms of online... Read More
There's an old story about a guy who had a... Read More
It's true. Just think about it for a minute -... Read More
Hi there,It is still scary to see how many internet... Read More
Headlines are short vital statements to stimulate your potential customers... Read More
Did you make the switch from corporate slave to independent... Read More
Conventional wisdom says find a niche. Don't go where the... Read More
It's true. They don't.That's why you should look at the... Read More
Impulse shopping in the checkout lane may be what drives... Read More
What is the secret to selling online? This is a... Read More
Hint: don't send send your online advertising traffic to your... Read More
Internet Marketing Internet Marketing |