>> Finding
a niche market is simple. Finding a PROFITABLE niche
market is a little harder, but it's still easy once you
know what you are doing. Otherwise, you will end up like
90% of the other niche marketers out there who spend
weeks or months on a niche market only to find out there
is no money to be made there.
Luckily I will reveal the secrets to finding a
profitable niche market later in this article.
There are literally hundreds of ways to find niche
markets. You can spend your time searching for popular
keywords using tools such as Wordtracker, or you can
walk around your local bookstore looking for common book
topics. I've tried both of
these options when I first got started in niche
marketing, and let me tell you, I lost the most money
when I picked a topic that way. Why? Well, it's simple.
Just because people are searching for a keyword or
phrase online or because there are a bunch of hard copy
books on a topic, it doesn't mean those markets will buy
your products online.
Have you ever heard the advice "Target a niche market
you are passionate about"? What a bunch of garbage that
piece of advice is. It doesn't matter how passionate you
are about a topic, if
people in that market don't buy products online, YOU
WILL FAIL and fail miserably.
Here are 2 ways to find cash generating, starving niche
markets that you have probably never seen before...
1) Ebay - the unlimited supply of niches. Everyone has
heard of ebay, but few people think to go to ebay to
find a niche
market. You would have to be crazy NOT to use ebay to
find a market. This is one of the only places you can go
and see exactly
what people are buying in real time. Here is how you do
it.
First, go to ebay's main page at www.ebay.com. At the
bottom of the left column of links, click on the link
that says "All Categories". When you get to the next
page, click on the link at
the bottom right of the categories that says "See All
Categories".
What you have just done is list every product currently
for sale on ebay, but even more importantly, you can see
HOW
MANY products are for sale in each category. There are
literally thousands of categories of niche topics right
in front of your eyes, and you can see how popular each
one is in just a couple clicks.
I just clicked "See all Antiques categories..." and I
uncovered several hundred niche markets within the
antiques category.
This is what niche marketing is all about. The category
"Antiques" alone is too broad. If you go after this one,
you will
fail, however if you go after a sub niche such as "Asian
antique bowls" or "Antique sterling silver flatware",
you greatly
increase your success rate.
Then, go to http://pages.ebay.com/sellercentral/whatshot.html
and see just how flaming hot they are.
2) The next way to find a popular niche market is by
going to the website www.meetup.com. From the homepage,
there
is a link that says "Browse All Interests". The website
will then
list hundreds of topics in which people signed up to be
a part of a group. It also lists how many people joined
each group,
or "niche market" if you will. Who would have thought
there would be a group of over a thousand people crazy
about
scooters? I found this niche market under the automotive
category.
Using these two methods, you should be able to uncover
hundreds of niche topics to begin targeting immediately.
Once
you find a niche market you want to build your business
around, the next step would be to learn how to develop
products
these markets will knock each other over trying to buy.
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