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If there is one
rule, one philosophy, one universal truth about
marketing, it certainly has to be this: Sell
What People Want to Buy. This one sounds so
simple and so obvious, you would think that it
would be the primary mantra for all marketers.
For the successful sellers, clearly it is. But
for the majority it seems to be a truism that
has been overlooked. If you are finding success
to be elusive, you may have fallen into a common
trap - toiling in the wrong niche.
Possibly one of the
worst pieces of advice that a fledgling
marketeer may be given is the one about finding
a niche that you love and sell something for it.
This only works if that niche is crowded with
willing buyers. And I mean this in relative
terms. The niche itself does not necessarily
have to be large, but it must contain a high
percentage of people who are seeking solutions
to problems. When you find that, you have a
chance to transfer money from someone else's
account into your own. This is a much easier
approach than trying to convert the unwilling
into buyers. Evangelize to a willing audience.
The Pivot Search
When searching for a
new niche, start with areas in which you are
familiar. Consider your hobbies, your
professional background, your interests. But
don't make the mistake of choosing the first
area that you find interesting. Use that as a
central point for your real search. Pivot from
it to surrounding or related areas. Use your own
experience as a starting point, but then forget
about your biases. Branch out, explore tangents.
Pivot search to seek out markets that are
busy.
Look for the signs
that a dynamic exchange of information is
occurring. You might gauge these by the presence
of forums related to the market segment. When
using forums as a barometer, investigate them
individually. Find out how many members each
has, and how frequently new messages are posted.
The internet is overflowing with special
interest forums and has been for nearly two
decades. You can safely assume that a topic not
supported by forums represents a market you want
to avoid.
In the companion
video lesson for this report, I explain how you
can diagrammatically conduct a search using a
specific topic as the pivot. It is your central
point for seeking other profitable market
segments and is not, itself, the niche you plan
to target. It is simply the center for a web of
topics you will create.
The Trend Search
Another approach is
the trend search. You have no central
topic in mind initially. Instead, you look for
symptoms of trends using several indicators. Tag
clouds for popular sites like
Squidoo,
Stumbleupon, and
Technorati can be very useful. These contain
keywords and keyphrases that have seen recent
activity on the sites. The relative amount of
activity is shown by the sizes of their fonts. A
really large keyword is one that has been used a
lot by recent visitors. It immediately gives you
an idea of the collective popularity of a word
or phrase. This might help you identify a
central topic for a subsequent pivot search.
Another source of
trend information is
Google
Trends. It provides a more global view of
the topics that people are most interested in at
any given moment.
The Catalog
Search
Possibly the
simplest and quickest way to find an active
niche is to go straight to a site like
Clickbank. Here, people offer products
(mostly digital downloads) for a widely spread
assortment of niches. The catalog of available
products indicates each item's popularity in
terms of sales. Thus, pick a briskly selling
product and you have found both product and
niche at the same time.
This type of search
will be most effective if you start with a
category you have previously decided on from a
pivot search. There are a lot of people using
this technique so you should not jump to quick
conclusions about the profitability for you. You
want to identify those hot sellers that are
relatively weakly marketed by others.
Qualify the Niche
Once you have
identified a niche of possible interest, you
must further qualify it. At this point, you know
it is a market segment that is active. Perhaps
you have even located a product to sell.
The next step is to
determine how well it is being served by
competitors. This can be a tedious job but it is
one you must perform. Searches on Google and
Yahoo should identify the most active sites in
the niche. Even if they don't compete in product
offerings, they do compete in search engine
rankings. Since your own site's placement high
in the SERPs (search engine result pages) is
important, you must investigate the likelihood
of getting that high position for the keywords
you will target. For further information on
this, please read the
Special Report - Keyword Popularity.
A tool I use, and
strongly recommend, is
MicroNicheFinder, by James Jones. This is a
nicely crafted piece of software that mines
data, primarily from Google, and analyzes it. It
is based on the assumption that you want to
identify keywords that can place your site near
the top of the SERPs. To do this, it
investigates keywords and phrases and indicates
which are popular with searchers, but have
relatively few competing webpages. This allows
you to optimize your own page for these selected
keywords and hopefully work your way to the top
of the search rankings. MicroNicheFinder is so
slick it will even help you find a product to
sell on Clickbank. If you are only going to
purchase one analysis tool, this is it.
Summary
I've looked at a lot
of marketing ebooks. I apologize for putting it
this way but frankly, most are crap. They
look like they were written by high school
dropouts
and generally have very little useful
information beyond the obvious. There are two,
however, that I can heartily recommend. I have
studied them both and found many new
perspectives that most people are unaware of.
Forget all the superlatives and limited-time
offers others may use. Either of these will give
you the shortcut to success. And yes, I do make
a commission on them. But rest assured, I
recommend them for one reason only: They give
you precise strategies that work!
The Newbie Blueprint - by Dan Molano
Confessions of a Lazy Affiliate - by Chris
Rempel
Whether you seek to
build a membership site, a mailing list, to sell
your own products, or to market other's products
as an affiliate, the selection of your market
niche is a fundamental concern. Go where the
money is. Choose a niche that is active and one
in which people are anxious to buy. Identify a
problem that really exists, then provide a
solution.
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