Where To Look For Profitable Niches
Finding a profitable niche to target is something that proves to be very elusive for many new internet marketers. Most new internet marketers will most likely go to the first niche that they come into contact with especially the “Make Money Online” niche. While there is no denying the “Make Money Online” niche is a very profitable and lucrative market, it is also the most competitive and hard market to break into. Thus for “newbies”, it is not advisable to go into the “Make Money Online” niche till you have some experience under your belt.
If that is the case, how are you as a “newbie” going to find some niches to target?
While there are many ways you can research and find profitable niches, there are some obvious places or particular sites that you can go to and find these niches. I have compiled a list of good sites or sources which you can find the latest trends and hottest niches on the market.
1. Amazon
2. Clickbank
3. Commission Junction
4. Ebay Pulse
5. PayDotCom
6. Google Zeitgeist
While the list is by no means comprehensive, it should give you a good idea what are the latest trends and which niches are profitable. Finding a profitable niche is only a start, a lot of other factors will come into play before you can make good money off your chosen niche.
4 Tips For Selecting A Niche
One of the reasons that people failed to make money online is because they failed to identify the correct niche to target. While some people have no problems with these, I believe a lot of beginners like me when I first started out would appreciate getting some tips to help them select a niche in the early stages. I have identified some tips which you can used to identify a suitable niche to start off with and hopefully in the process save you loads of time and headaches. 
1) A niche that you have a interest in
There are actually two schools of thoughts on this point. Many people have repeatedly pointed out that you must select a niche that you have a genuine interest in; otherwise you may have a hard time sustaining the efforts and time you are going to put into the business. While I tend to agree with this point of view, especially for those of you who are new to online business, I have no doubt once you have pass through the initial or beginner phase, any market as long as they are lucrative will be a viable option even though that particular niche may not be to your liking or personal interest. At the end of the day, the important thing is to have money lining up your pocket.
2) A niche that lead on to a bigger niche or niches
This is a point that you have to take into serious consideration when selecting your niche. As a marketer, make sure that you enter into a niche knowing that you can expand out to other related niches in the near future. Otherwise, you may find your constraint by what you can offer to your customers in the future. Take note of point 4 below as it is somehow similar in nature although this point generally refers to the niche as a whole.
3) A niche that is used to spending money
Now, this is a point that you have to be really careful of. Imagine having conquered your niche in terms of market share of in traffic volume and search engine positioning. But you find yourself unable to sell and present much offers to your visitors or list because the niche you are targeting are generally freebie seekers or not used to buying and spending. This is definitely some scenario that you may not want even though there are many other methods of monetizing your website if you have a large traffic volume.
4) A niche that you can offer a variety of offers to
If you select a niche that you can only present a couple of offers and that’s it, you are limiting your income potential. Always look for a niche that you can offer multiple offers. However if you niche is part of a bigger niche or niches, you can always choose to start off and dominate your niche first before moving off to related niches.
I hope the tips above can get you started off on a good note. There are probably some other factors involved in selecting a niche to enter but for me these few points above are good enough indicators that a particular niche is lucrative.
Choosing A Niche To Target
When I first started my forays into online opportunities, I was told time and time again when starting out to focus on something that you like and have a passion for. This is the same “advice” almost every guru or everyone online has been harping about. While this advice is not entirely misguided and to a certain extent, I still believe this is still partly correct, a lot depends on which side of the fence are you on.
Let me explain it more clearly.
We are all into online opportunities for one single big reason and that is to make money. Some just want a couple of hundreds extra a month to pay the bills, others are it for their passion and to make some money out of their passion and most of us want to create a business that can last and give us a passive income for life.
Tips That Will Make Your Newsletter Stand Out
Using newsletter is one of the best ways you can use to keep in contact with your customers. As you probably know, there are thousands of newsletters out there and how do you actually compete for attention and more subscribers. There are many ways that you can differentiate your newsletter from your competitors and you can do that using the tips below.
Using Short Paragraphs
Research has shown that short paragraphs work best with people as they have less and less time to read newsletters. Bullet points are extremely important as well as it lets the readers get to the content’s highlights a lot quicker than they normally would. Make sure there is enough room for your readers to read your newsletter. In other words, do not squeeze or pack all information into a tiny space. Space them out so that it is easier on the eyes. Another thing is to keep your articles or information and information short and straight to the point. By having only important and relevant information, it will actually encourage your readers to read your newsletter.
Happy Chinese New Year 2008!
Hi everyone,
I am wishing everyone an early Happy Chinese New Year!
I will be busy visiting relatives and friends and in the meantime catch some well deserve rests.
Most probably I will be out of action till mid February.
See you then!
Happy New Year 2008!
Wishing everyone here a very happy and prosperous new year!
Just a quick reminder to those who are still indecisive about exploring online money making opportunities, make it a point to start now. Not tomorrow! Not next week! But right now!
Yes, you are not reading anything wrong here.
When you start to procrastinate and tell yourself you are going to do it later, it will never come. It is human nature and this is the cause of why so many people fail to achieve what they want in life. So make it a habit this year to work on something immediately as soon as you decide on it. Remember time is money!
See you around!
Quick Review Of The Year 2007
It is time of the year again to look back at what I have been doing for the past year. Generally, a lot of people would base their achievements on how much they have earned. However, I do feel that it is more important to base your achievements on how much you have had learn and understand during the past year instead. You may not agree on this but I personally feel personal development and the learning process is more important to monetary terms.
Looking back in retrospect, I have to thanks my mentor for feeding me vast amount of experiences, knowledge and skills in return for nothing. I have grown so much and this is partly due to his unselfishness in sharing all that he knew without withholding back anything. His actions have encouraged me to share what I have learnt over the years with others who are willing to learn as well.
Merry Christmas 2007!
Hi everyone,
Just a quick note to wish everyone a very Merry Christmas!
If you have been thinking of exploring online money making opportunities, make it a point to start exploring this coming year.
The coming year 2008 is going to be even better with tons of new opportunities for enterprising people, so make sure you don’t missed out on all the money making opportunities this coming year.
Enjoy!
Bubble Burst For AGLOCO
The door has finally closed for one of the most promising money making programs online. It has been almost 2 weeks since Agloco update its members on their demises!
Although the signs are there as early as months back, it is hard to believe a wonder concept such as this have to meet such a fate. I just wonder whether the fault lies with the management team or is it simply a case of bad timing. Anyway, what is past is past; it is just a pity that things don’t work out for them. Luckily, I did not really push hard for Agloco otherwise I have to answer to many people.
So what about you, how do you feel about this whole Agloco episode? If you have any views, feel free to share them with us.
One Huge Site Or Many Small Sites
There have been many debates on whether setting up one huge content site is better than many small sites. While the two camps are arguing the benefits and wisdom in their logic, one thing is sure, they are actually making money.
Some say having a huge site is much better for monetization in the long run. I do not disagree here; in fact they are right about having a huge site and to me it’s better business sense. The returns are better and you can focus on one thing at a time. Having many sites will distract you and make you lose focus from making sure your sites are a success. Well, I also do not disagree with that as I have been through this path and I understand there will be a limit to how much things human beings can focus on and multi-task.
Others will advocate setting up many sites. Their reasoning is very simple, imagine if each site earns you $5 a day and you have 50 sites and that equates to $250 a day. Not a bad figures by any means, multiply that by 30 days and you get $7500, an income by no means inferior to a mid level executive. In my country, that’s over 5 figures in today’s exchange rate. Also, small sites are easier and much faster to set up as compared to a huge site.
