Niche marketing has since become a popular source for many internet marketers and entrepreneurs. Finding these niches can feel like searching for buried treasure. The search however is only half the battle.
Finding A Worthy Niche
You might be like us and search for months! Others tend to get lucky and hit it out of the park first try. Well at least with the idea portion of it. You need to find a niche market with a decent volume of traffic and little to no sizable competition. Sounds easy? Well for some it might be.
What do you want to do with your niche? Well sell them something I hope right? You need to see if this niche is even buying something before you go out there and market to it.
Wouldn’t you hate to find the perfect niche yet a far from perfect product for them?
This is why I always start on amazon.com weird huh? But Amazon is the ultimate niche finder. You can see what is selling and to whom. Best yet it breaks everything down into categories (niches) and even micro niches.
So go check that out. Browse the books or whatever see what’s a “bestseller” and whats a flop. What niches are hot and which are not.
That’s Just The Start
Now we’ve got a list of 5 to 10 niches that we could see ourselves working in and making a full-time living doing it. It’s time to put it to the test. For this the Google Keyword Tool Is awesome. Type in your niche and let it run. For here you’ll see if you have a worthy niche or not.
The Rule of 25
This is just a guideline We’ve setup for us. Let me explain… We simply don’t get involved in a niche if there are less than 2500 searches per month and if the competition bar is greater than 25%. Slim pickings huh?
Now that’s not to say you can’t make money with a niche that only receives 500 searches per month. You can! However following the rule of 25 helps make your success in niche marketing that much easier.
