Tuesday, December 29th, 2009 at
12:44 pm
As ‘less than guru’ online marketers, we’re constantly asking the question “What makes the difference?”…
What really is it that allows some niche marketers to achieve success beyond our wildest dreams while others haplessly flounder. While there a number of elements, I will attempt today to isolate just a few. These are some of the things I feel to be of key importance in obtaining the online income you desire.
1. Knowledge – It seems crazy to say but despite all the info products, all the articles, all the forums, all the free reports, all the blog posts, alot of people still find it hard to nail down specifics on how to attain a certain outcome like a profitable niche site or a high selling info product.
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Monday, December 28th, 2009 at
11:43 pm
You are interested in starting a home-based business. You also want to use the Internet for your work-at-home idea. However, you are not sure if you can make money online. To make matters worse, you are confused about what home-based business opportunity to pursue.
If this sounds like you, rest assured that money can be made online with a home-based business. You don’t need to study for years until you can reap rewards. There are sound business concepts that have been taught and proven to be true by some of the most highly successful marketers in the world. What is the top sound principle that will ensure your success? It is choosing the right niche market.
You might be wondering what is a niche. A niche is simply a group of people with similar interests and needs. They are very passionate about their topic of interest. Think of a small pond packed with starving fish and you have the bait specific to their needs; they will like what you have to offer the best. This, in essence, is a niche.
Why a niche market? Well, unless you are a huge corporation with bottomless pockets, niche marketing is the way to go. You see most of the large corporations blow off niche markets because they are not trying to make an additional $1000 to $15000 per month like many home-based business entrepreneurs and other small business owners. They are seeking to make millions per month, which is good for you because you don’t have to compete with those companies that have massive marketing budgets.
It really is easy to find potential customers in niche markets. Here are some examples:
Motor Home Owners
Carpet Cleaner Business Owners
Restaurant Owners
Winter Camping Enthusiasts
Siamese Cat Owners
Dentists
Landscape Company Owners
You get the picture.
Before you decide which niche market to target for your home- based business, here are four important points to consider:
1. Is the market easily defined and reachable? Do you know where they hangout? What kind of trade journals or publications do they read? Do they have clubs or are members of particular organizations?
2. Is the market small enough that you will not have tons of competitors, but still large enough for you to make a good profit?
3. Does the market have the money to spend?
4. Does the group have an insane passion for their hobby or topic of interest? Do they eat, sleep, and breathe their hobby? Are they constantly seeking more information related to their subject? A great example of this would be golfers and NASCAR enthusiasts!
Doing research related to these questions will help you pick the perfect niche market for your home-based business.
As you think about starting a home-based business and what market to target, follow the above suggestions and you will be way ahead of many other home-based business opportunity seekers who want to start a work-at-home business.
Saturday, December 26th, 2009 at
11:04 pm
Success will never come from being a small fish in a big pond you have to become the big fish in a small pond. This is exactly what niche marketing is all about and it goes quite contrary to the traditional business philosophy of blanket marketing where your only goal is to get as many people as possible to see your offer.
For niche marketing it is easier to write about subjects you know, especially at first. Later you can expand your writing to include new topics which require more research and effort.
When you are selecting a niche to write about, consider the following points.
* The narrower your focus, you get less overall people on your mailing list but much more people will identify with you and your product.
* You don’t want to be the next book on the subject, but rather your book needs to be the ONLY book on the subject or one of the very few. Not only niche, but sub-niche.
* Targeted your niche audience and identify their need for a specific product – and provide them with that product.
There is a very well known marketer who makes over a million dollars a year on a niche most people never would have even considered… Pet products, namely grooming and pampering products. The lesson to be learned from this example is not to dismiss any subject just because it may sound off the wall. The rule of thumb is, if there is a need, fill it!
Your own first niche could be from a body of knowledge learned from a hobby, specialized schooling, business experience, the school of hard-knocks or some other favorite pastime. Everybody has a level of skill and/or knowledge of something that very well may be considered valuable to others. It is very easy to get started simple ask yourself a few questions.
1. What do you know a great deal about that others do not?
2. Which subjects are you passionate about and can really get into providing information about?
3. What is something you hate to do or have heard others complaining about that you can produce a solution for.
Remember, people on-line come from an off-line world, so you product doesn’t have to be about Internet based products or services. It could be a small problem in a big industry, such as the automotive industry.
I remember years ago how an extended visor was a big hit because most cars years ago simple didn’t provide a good or even an adequate level of protect from sun glare. There was a product in place, but it was flawed, this entrepreneur simple targeted the small problem and made an incredible amount of money from a big industry from one great, but small niche solution.
There are many basic step by step guides that can get you started, but if you want to make big money you have to do your research and find a mentor who is really making it big in niche marketing and learn their secrets… then repeat their success by repeating their actions, except in your own niche.
Saturday, December 26th, 2009 at
11:16 am
In a world dominated by computers, it is no longer surprising that everything can already be found online. From schools to shops – everything has its virtual counterpart, even communities and businesses!
Ecommerce has found its way into the mainstream, and those who engage with cyberspace are considered the best in their industry. With more than a million pages on the internet, and more being added by the minute, competition on the web is just so tight. How do you think websites garner their reputation? How do they get repeat visitors?
The answer to that lies in what we call the new industry of internet marketing. With almost all websites engaging in some form of internet marketing strategy, you’re sure to have heard it before. Search engine optimization, pay per click advertising, and now niche marketing – these are just some of the strategies that internet marketers employ to bring sites to the top of their field.
Niche marketing strategy isn’t really new, but it is a by-product of the search for a more focused approach to internet marketing. Wikipedia defines a niche market as a “focused targetable portion of a market”. In laymen’s term, this means a smaller part of a market. A market niche is like a location. You identify where and to whom your service is for. To give you an example, a website is focused on giving music production tutorials to newbies. There might be other sites which offer the same service but this time for advanced music producers. By focusing on newbies or people who have some skill on producing music, sites can now create new products and services in response to the need of their clients.
Focusing on a niche can expand your appeal to clients and increase referrals as more products and services are created based on the demand of the market. Your niche marketing strategies can also mirror your company’s highest values without sacrificing them just to get full profit. When you focus on a niche, which is usually your interest, you can employ your skills, talents, trainings and more of your time and effort. This way, earning an income is no longer as difficult as before since you also get to enjoy your work.
Most niche marketers rely on the loyalty of their customer base in order for them to maintain a profitable volume of sales. A common practice among niche marketers is affiliate marketing. By promoting targeted products and services, it is easier for affiliates to reach clients who are in interested in the same hobby or activities thereby allowing affiliates a small but regular stream of income. Affiliate marketing is often practiced by people who have their own websites but do not have the budget to develop their own products and services.
For internet marketers, focusing on a niche is necessary especially when you are new to internet marketing as this prevents the wastage of resources, and this is especially important if you have very limited stock. Remember that not everyone can be as successful as Wikipedia, unless of course, you’re ready to spend as much money, time and effort.
Friday, December 25th, 2009 at
11:39 am
Is niche marketing for you? Of course, it is! If you are trying to make money on the Internet, you must narrow down your focus. Niche marketing, by definition, means focusing on a small portion of a general category. Instead of creating a website about pets, create one about dogs. Or narrowing it down even more: poodles. Creating one small website may not produce the thousands of dollars you wish, but think of creating multiple websites based on tight niches. That is where the money will come in because that is what the public will be looking for. The first thing you will do is to find the first niche by researching keywords. Using will be a big help in finding related keywords for the niche you are researching. Look for a KEI of at least 10. A KEI of 100 is best and if it’s over 400, you’ve won the jackpot! After you have found your particular niche, you will need to get the content for your website. You will have to either write articles, re-write private label articles, have articles written for you or use articles from other authors. You must keep the author’s resource box (bio) that is located at the end of the article with the article when you use it. You can find these articles in article directories. You’ll find tons of article directories by typing “article directory” into Google Search. Each article will be based upon a keyword or keyword phrase. Now, you will need to register a domain name; something like yoursitename.com. It should be based as closely as possible on your website’s niche topic. You will also need web hosting so you will have a home for your website. Next, you need to Montetize your site. Look for multiple ways to bring income in from your website. Add affiliate programs and Google Adsense. Be sure you have good (real) content on your website before asking Google to approve your account. They frown on “Under Construction” notices and your account will not be approved. Choose affiliate products that compliment your website’s niche. Don’t put gambling banners and ads on a site that’s about dogs. That’s not what your site’s visitors are looking for. If you don’t know where to look for affiliate products, you can find nearly any product for your niche at ClickBank.com. Get a product to sell on your site. Write an ebook about your niche or have one written for you. Write a sales page and use PayPal to accept payments. The last step is to get traffic. Your web pages need to be optimized for the keyword or keyword phrase that your page content is based on. Remember at the beginning when you wrote your articles based on a keyword? That keyword needs to appear in your article (page) title, in the Heading, in the first paragraph and at least a couple times in the body of your article so the search engines can find it. Another way to get traffic is to write more articles and submit them to article directories. I believe this is one of the best free traffic generators there is. Blogging is also an excellent way to get visitors to your website. Most cpanel servers have Fantastico which installs WordPress with just a few steps. When you have a blog, every time you post an article or other information, it “pings” the pinging services. This causes your site to be spidered by the search engines quicker than just using one or two methods of traffic generation. You can make money in niche marketing, but it will take effort. Carefully do your research, follow search engine optimization rules, and go for the traffic.
Thursday, December 24th, 2009 at
11:08 pm
Niche marketing is a great way for regular people to make money online without a store or big business model. Instead of swimming in a stream that is already filled with success and failure stories, you will hit a market that many have not found yet.
Why Choose A Niche or Focused Market?
Choosing a niche market is ideal because a broader topic will have too much competition. It can still be done but you will have a hard time breaking into a market place that is already filled with lots of successful products, websites and affiliates.
With niche marketing, you can find areas to market that many have never heard or found. This will allow you to create something different and bring unique ideas, content and products to your visitors.
Save Money on Advertising
You cannot become successful without some form of advertisement. If you choose to go with pay per click and other similar online advertising, you will find that it can be much too expensive in a broad niche. Popular keywords could cost hundreds and thousands of dollars for every click.
If you use niche marketing, it could only cost you pennies to advertise using keywords that are not popular. Niche marketing also allows easier use of long tail keywords as more popular websites won’t pay much attention to them.
Target Specific Keywords Easily
Trying to get to the top of a search engine is one of the most difficult aspects of SEO (Search Engine Optimization) and paying a company to help will still not guarantee good placement. It will be hard for visitors to find your website via search engine if your results are on the hundredth page.
Using niche marketing however, you can easily obtain results in the first few pages and as your website gains in popularity, you can get a first or second page placement.
Become An Expert
What’s important in a niche business is the ability to know all you can about that niche and product. With a business that is closely focused on one point, you can find yourself in a unique situation instead of fighting for elbow room in an overpopulated market.
Look around you and pay attention to the things that you know well. Do you offer advice to family and friends on anything specific? This free advice can turn into an online money making venture. If you have the secrets to growing that perfect rose bush, use it to your advantage. Sure you can make money selling affiliate products, but you can make more money by selling your own ebook, filled with information that you know well. An affiliate makes a little bit of money from a product but they do a lot of work to make even one sale.
If you work hard at your niche, you could be one of those fortunate people who can leave their day job to spend their full time at home working in your home business. This means more money, more time for yourself and more time to share with your family.