Question by myNickname: Niche Marketing Internet – What Would Be The Niche Marketing Internet Is Really Profitable?
Niche Marketing Internet – Anyone have any idea how to find the profitable niche marketing internet and what would be the criterion I should look into in order to get profitable Niche Keyword?
Niche Marketing Internet seems too saturated especially on making money and internet marketing niche.
I already spent almost a month to find Niche Marketing Internet but so far no luck.
Can anyone helo me on this Niche Marketing Internet criteria I should focus on?
Answer by Jay
A niche market is the subset of the market on which a specific product is focusing on; Therefore the market niche defines the specific product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that is intended to impact.
Every single product that is on sale can be defined by its niche market. As of special note, the products aimed at a wide demographics audience, with the resulting low price (due to Price elasticity of demand), are said to belong to the Mainstream niche, in practice referred only as Mainstream or of high demand. Narrowed demographics though lead to elevated price because of the same principles.
In practice, product vendors and trade businesses are commonly referred as mainstream providers or narrow demographics niche market providers (colloquially shortened to just niche market providers). Small capital providers usually opt for a niche market with narrow demographics as a measure of increasing their gain margins.1
Now, there are what, a couple of billion of internet users out there so you should be able to find some sort of niche need to fill. While it is frustrating (I know this as I do it for a living) to find a niche, it can be done.
Just because you have an idea and you research it only to find that someone else is already acting upon it, should you quit? No, take a hard look at what they are doing and see where you can improve on it.
Another way to move ahead of the pack is to take your niche (once identified) and use the Google AdWords Keyword Tool (type in “google adwords” into a Google search and it will show you where to go) and identify longer key words with some traffic, but less competition.
Long tail key words (example: “dog walking tips” or “walking your dog” as opposed to “dog” or “dog care”). Maybe you can come up with some designer dog leash that sells like hot cakes and makes you millions!
If you do, let me know and I will feature your success story on my blog.
Best of luck in all of your endeavors.
Know better? Leave your own answer in the comments!