How to Find a Niche Market Ideas Popular in 3 simple steps
How to Find a Niche Market Ideas Popular in 3 simple steps
Niche market ideas is not so difficult to find but the problem is to choose the profitable niche.
Finding a niche market is the starting point of your business whether you are offline or online marketing.However, there are many people who never get past this point, because they eventually get frustrated and quit.
If you're just starting out and looking for a niche market ideas, do not go for the obvious such as weight, make money on the internet, work from home or forex trading.This can be very profitable niche but the competition is very tight and big kids will not give up market share easily.
Or, even a niche as a very popular cuisine, most people can find answers to their questions about the techniques and recipes for free, just by searching the internet, so they may not "buy" people.
Here are 3 simple steps that I use for finding niche markets.
1.Making a List - starting first with a list of things that you like, skilled, or have experience and / or knowledge.Think about all the skills you've learned in school, at work, or in life.
Also think about the things you spend a lot of time to do, or things that you spend a lot of money to buy.Realize that you are not the only person obsessed with these things.That means that it can be very enjoyable and profitable niche for you to get into.
This is for the best to start with your interests, because you'll stay motivated to build your business even though some business tasks you will become plain and boring at times.
Try to come up with different words and phrases 5-10 on your list.
2.Research Keywords-Keywords are words that people put into search engines to find stuff on the internet.Keyword research should not be a job tedius.When research the keywords you want to see two things:
Demand and Competition
a.Demand-If there is no sufficient demand for a few words that you come up with to describe your interest, then it may be a waste of time to build a business around certain words.
You may find that people who seek the same thing on your list, just worded differently.This is why the importance of choosing the right keywords at the beginning of another could not be better.
A free tool that you can use to gauge demand for your keywords is the Google Adwords Keyword Tool.Simply type the word or phrase from your list into a single search box at a time.This tool will pull a list of words and phrases related to your main keyword.
Make a list of good words that accurately describe your interests, and anywhere from 1,000 to 50,000 a month global search.
b.Competition-If there is a lot of competition in a particular niche then that is a sign that there is money made in that niche.
Use the Google search engine to analyze your competition.Type the keywords you selected into the search bar.Just save the keywords that have less than 500,000 competing websites.
Also try to see how many ads that appear in the "Sponsored Links" sections on the top and right side of the page.If you see a lot of ads then it is a sign that there is money made in the niche market.
3 .- Look at Yahoo Answers, which is basically, is where people seek answers to their problems.
- Yahoo Shopping offers a list of the top products in each category.Explore it for niche market ideas.
- Amazon offers a list of best selling items in each category as well.You can build a niche around one or more of these options.Be careful though electronic goods such as ebook readers and sat navs because this is a very high competition.
- Shopping.com notify you of searches for keywords within each category.
- ClickBank Marketplace product categories can be sorted in order of popularity.
- Google Trends lists the most searched for phrase and it can be used to find the idea of niche markets.
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