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From Niche Marketing to Fragmentation
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Copyright 2005 Stephen Pierce Think about something Bill Cosby said and ask yourself "how does this apply to your current marketing. Cosby stated “I don’t know the key to success, but the key to failure is trying to please everyone." Are you... Continue
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Niches - The Path to More Profits
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Hey, as business owners we CAN'T be all things for all customers. I mean it would be fantastic if we could, however, you just can't meet the needs and wants of everyone, you would run yourself ragged trying :o( BUT ... that doesn't mean you throw... Continue
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Niche Marketing Nuggets: Picking the Gold from the Internet Mine
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by Jason Mann
(Feel free to use this article on your web site. Please keep the entire article intact including all web site links) - Jason Mann
Building an Internet business based on a specific niche is not only good sound business it's smart.
What is a niche?
Boiled down, a niche is a specific area of interest people have. An example of a niche would be remote control cars.
People go crazy for them. They have complete web sites with:
1. Articles
2. Email newsletters
3. Forums
4. Part suppliers
5. Companies who sell popular remote control cars
I could go on and on, the point is, this is a niche market that is both popular and offers a variety of ways to earn income.
Three Steps to Internet Income
1. Find a niche people are interested in.
This part is where research will pay off. Visit Google.com, type in a key phrase, for example, "remote control cars" remembering to add the quotes too.
Look to the right hand side at the Adwords section.
How many ads do you see?
If you see 5-8 this will show you people are spending money to advertise within this niche. This is the first clue this niche is popular.
Now look at the number of pages matching your keywords. If the number is large, say 1,000,000 for example, this means you might want to narrow your key phrase down to something a little more targeted.
Like, "remote control car racing.”
Important: You will still offer a product or service targeted toward remote control cars. The reason you narrow it down is to eliminate competition.
2. Identify a target product or service that will help solve a problem or give them a desired benefit.
This step can become tedious and mundane. However, if you adhere to this rule of thumb you should do fine.
Rule of thumb: If you can earn at least 25% of the gross sales price for the product avoid it.
You can do a search for resale rights on products within the niche you are searching for. Most of the time you'll find a few if not more.
3. Find out where they are and sell it to them.
This is the easy part. Yes, I said easy.
(a) Forums. Forums are a great starting point.
(b) Related web sites. Joint venture your information product with a site that sells tires for example.
(c) Email newsletters. Type in "remote control cars" and visit the web sites listed. Most of them offer email newsletters to their visitors. Find their rates and place your ad.
Granted this is the simplified explanation of this process but it can be repeated with any niche on earth.
Now that you have your feet wet...
...what are you waiting for?
Get out there and find a niche and profit from it!
About the Author
Jason Mann is a freelance writer and netpreneur who specializes in building businesses based on specific niche markets. For a free report about niche marketing visit his website at: http://nichemarketing.majorprofitmargins.info
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Finding Your Niche: What Do You Want to be Known For?
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In my experience, there are two kinds of small business owners: one that knows whom their market niche is and utilize it, and another who tends to waiver or not want to "set in stone" their target market. With the latter group, I always probe for... Continue
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