finding a niche

jdubtrey

Banned
May 24, 2011
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www.jameswells.org
I am having some problems with coming up with new ways to make $ with i/m. What are some of the ways that you have found ideas for i/m? I understand creating or writing about a topic that you are knowledgeable about but what are some of the other ways that you are currently earning money and what inspired you to start the business. Thanks.
 


What do you mean by other ways? CPA? MFA? Start a SaaS? Sell a physical product?
 
Can I ask how new to IM you are? Or rather, how would you rate your knowledge of different methods? I have been doing "How-To" month on one of my blogs this month. Covered a lot of info about PLR articles, YouTube, article templates etc. I won't drop a link but if you want to PM me, I originally started that blog because I got sick of family/friends asking me about what and how I do what I do.

A lot of people recommend targeting a niche that you are familiar with because the longer you stay in the game, the harder it gets to find motivation, new idea's and you already have some insight into the the niche - the problems, the solutions, the mindset or thought process that this niche has in common. Howevaaaah...

I don't really like the idea. For starters, the hobby/interest/niche you know and love might not be profitable or it might be extremely difficult for a newbie to crack. So I usually recommend a trip to your local newsagents.

Instead of targeting a niche that you know & love...mimic a MAGAZINE that you know and love. Mag's are an ideal model to follow.

Is that niche profitable? Yes, or the mag wouldn't exist.
Is there a variety of products you could promote within that niche? Every page has some sort of advertizing on it.
How do mag's market to people? By providing relevant, useful info - not writing a sales page style "article" about a spammy ebook (or a product) nobody's ever heard of, but by giving the niche useful info.
Check out the front page...see all those headlines? SUB-NICHES - each article within the mag is targeted, relevant info that is targeting the sub-niches of the niche.

Internet Marketing applies the same principles as those found in the mag - it's the perfect model for new IM'ers to model.

What niche is best? VERY common question for new marketers. There are three major "evergreen" niches - which means these niches are always going to be sought after & profitable. They are health, wealth and relationships. All highly targeted by experienced & cutthroat marketers. So you're bet shot is finding a sub-niche (or micro-niche) within that market. Eg, instead of weight loss, target weight loss after pregnancy, lose weight safely for teenage girls, etc. Rather than pregnancy, target pregnant with twins. I would rather be the biggest fish in the smallest pond than the smallest fry in the ocean - make sense?
 
Just find something you like (somewhat at least) and get at it. Once you start working on something, different opportunities and paths will open up. If you keep looking for the ONE magical thing you'll never get anything off the ground.
 
Agreed - there is no magic bullet of a niche, they all have potential to make money but you need to know HOW to target them and work with them. Once you have those skills, you can take them into any niche and be successful. Like golf - you could be playing golf on the easiest course in the world but unless you have the right tools (you wouldn't take baseball bat with you to play golf) and until you understand the rules of the game (how to target the niche, what to offer them, their needs, their dislikes, how to drive traffic where you want it to go), you're never going to sink that ball.
 
Use clickbank , amazon , ebay , about.com to get niche ideas and use Google keyword tool for keyword research , buy a domain and monetize with the suitable ads.