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Finding niche markets can be one of the most troubling things facing new marketers. There are so many to choose from, how do you know which will be profitable for you?
Let’s make Finding Niche Markets easy for you.
It is widely recognized that three niches in particular will make you money;
One of the beauties of these three niches in particular is that there are so many subniches within them that are also so popular.
Lets just think of the health niche – excluding Cancer, a quick list includes eyesight, hearing, impotence, yeast infections, aging, acne, coughs, general health, supplements, memory, asthma, diet, fitness, muscle building, pregnancy, grey hair, STD’s, back pain, neck pain, constipation, hemorrhoids and cysts.
In the Wealth niche you can have the make money online, Forex trading, Internet marketing, MLM…..
In the Love niche you have dating, get your ex back, finding love…..
What do they have in common?
They all stem from problems that people are more than willing to look up online to get relief from.
Many of these are problems that people need a solution for but that they don’t necessarily want to talk to a stranger about, that conventional medicine just hasn’t worked for or that they can quietly work on in their own time.
It is entirely possible to make a great income just by finding niche markets and marketing different products within that niche. You could do separate campaigns for a yeast infection cure, an ovarian cyst cure and an anti aging supplement. Likewise in the Wealth/Make Money Online sub-niche you could market 3 different internet marketing programs.
What if you don’t want to market health, wealth or love products?
There are plenty more niches out there that are profitable, but finding niche markets that will make you money just takes a bit more work and research.
To find profitable niches four of the best resources are Amazon.com, eBay, Google and Dummies.com.
For Amazon and ebay go to the product that you would like to promote or just look up the best seller list, and check out the reviews. Only about 5% of buyers will actually write a review, so if it has more than 40 reviews, then chances are that it is a good seller.
Paper publishing is really expensive, so people will not publish a book about a topic if it will not make them money. If you can find it on Dummies.com it will be a winner.
Google is another way of finding niche markets that are profitable. Do a quick search for your product and have a look across at the paid advertising for it. Now take a look at the listings down the side of the page. These are all paid advertising. If people were not making money from these paid advertisements then they wouldn’t be advertising here, so a rough rule is – the more ads, the better the chances of your niche being a profitable one.
Give it a try when Finding Niche Markets that you might like to promote. You may be pleasantly surprised.
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