Niche Marketing Explained...
'Do You Know The Most Common Question I Get All The
Time About Internet Marketing?'
The
question is ...
"How
Do I Make Money On The Internet?"
Now
-- I want to be honest with you. It's a valid question but it's
impossible to answer that question because there are just too
many things to talk about in that topic!
I
mean, other analogies to that question are ...
"How
can you make a girl/guy likes you." or "How
can I be a good parent."
There
are so many ways to achieve that!
But
...
If
I can sum it all up to give you the secret of making money online
fast WITHOUT competing with experienced internet marketing gurus,
the answer is ...
"Build
an online niche business."
What?
Online niche business? What's that?
It's
niche marketing.
For
the record, I'll define an online niche business as a business
that is not about 'How To' make money online or offline and
internet marketing related topics.
Here
are a few niche marketing examples:
A
website about dog training ...
A website about digital camera ...
A website about wedding planning ...
A website about baby sitting ...
A website about fresh water fishing ...
A website about Thai kickboxing ...
etc, etc.
You
get the idea, don't you?
However,
I have to agree with you that the ‘How To’ make
money niche market is a profitable market. No doubts about that.
So, why am I still insisting to everyone who has asked me how
to make money online to explore the income potential of niche
marketing?
Am
I afraid of competitors?
That's
silly.
Does
Anthony Robbins worry about the other 1000's of motivational
speakers in United States?
I
don't think so.
The
reason I highly recommend someone to build a niche business
is because he/she will not be competing with experienced internet
marketing gurus.
Like,
if you're planning to build a niche market for martial arts,
you can focus on "ninjitsu for women" etc. Don't build
a niche market purely on "martial arts". That's too
huge a market.
Now
-- How many experienced internet marketing gurus are you going
to be competing with in "Ninjitsu for women"? Hardly
any.
But
here's the most important advice:
It's
not about making $100,000.00 from a niche market or whatever
amount of money you set yourself to earn.
It's
how you're going to make the first $1 from that niche. Once
you have done that successfully, there's nothing stopping you
from improving that online niche business's income.
Let's
talk about "Ninjitsu for Women" again. The first product
that you sell might be an ebook titled,
'10
Easy Ways To Master Ninjitsu Martial Art For Women'.
Once
you sell that, you can expand the business and start selling:
i.
More ebooks
ii. Ninjitsu tools and gear
(Sell as an affiliate to reduce the handling inventory and order
fulfillment cost)
iii. Ninjitsu classes
iv. etc etc
The
sky's the limit for what else you can sell in the same niche
market as long as you know how to make your first dollar online.
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About
the author:
Patric
Chan is a direct response expert, internet infopreneur, marketing
strategist and author. He had created Online Niche Secrets Audio
Course that revealed how he started an online niche business
and make it profitable in less than 48 hours at http://www.onlinenichesecrets.com
Copyright
By Patric Chan 2005