Start Niche Marketing And Make a Profit
If you have spent some time searching for ways to generate an income online, it is likely that you will have heard the phrase, “niche marketing”. Essentially, niche marketing relates to a segment of a market where there are opportunities to make sales to folks with specific interests and needs. The reason this can be a lucrative endeavor is because you can uncover niches where there is not a lot of competition as the bigger markets and yet there is the potential to find customers who are ready to purchase. This article is about how to establish a moneymaking niche marketing business.
Firstly, your first task is to locate a moneymaking niche market and as luck would have it, there are web sites that can help you do this very easily. Two of the best websites to start your search for a niche are Amazon and Clickbank. Here you’ll find plenty of ideas for potential niches. You can go through the products conveniently listed in several categories and filter out the best-selling ones. Jot down those products you are interested in for further research.
Now it’s time to research some keywords for your short listed products to find out if they are in a potentially lucrative niche. Tools to help you do keyword research are numerous, some gratis and some you pay for, but the free Google keyword tool is just fine when you are just beginning. The primary aim in keyword research is to begin with broad category words and progressively drill down into longer key phrases that still have a reasonable search volume. Usually these ‘long-tailed’ keywords will have fewer competition and are the ones you have to be aiming for in your niche market.
As with your initial research, you need to record the keywords you find and then check these to determine if you would be able to compete for the particular terms. This is normally done by putting the keyword phrase in Google’s search bar and placing quotation marks around it as this gives you the amount of sites you are competing against for that term. Basically, you are attempting to find keywords that have low competition that still get a modest number of searches. You will likely see that a number of your longer keyword phrases refer to a particular make and model of a product. This is terrific news since they’re used to look for products by people on the point of purchasing and not merely browsing.
You should now be in a position where you can begin to create a web site to target a niche that your research hints will be profitable. A quick and straightforward way to create a niche site is by using the WordPress blogging platform for which there are many free templates and plug-ins. If available, you should buy a domain name that has one of your keywords or phrases which will help to get your website rank high up in the search engines. Don’t use brand names because this may cause problems later on.
When your site is set up and getting a modest number of visitors, you can then begin to monetize your web site and make a regular income from it. Or, you may want to sell it down the road as a profitable business for which there is an existing market.