Introduction
Thanks for buying No Nonsense Niche Selection. My eBook that aims to show newbies to Internet marketing how to come up with niche ideas that they can start their online business in and then how to find out if the niche idea they then come up with is one that is likely to make them money.
You wouldn’t want to waste time, effort and money only to find that there isn’t a lot of money to be made in that niche market because not many people are buying anything.
This is one of the main hurdles that new Internet marketers face when beginning a business, what niche market to go into. I want to show you how this shouldn’t be an issue, how there are so many options out there for you that you can decide on a niche market and get on with starting a business within that niche.
There are many niches out there and lots of ways to find a niche market to go into and, in this course, I will go into them, to help you find a niche market that you’d like to start a business in.
My name’s Rob Harris and I use the techniques in this guide whenever I want to look for a new niche market to go into.
What is a niche market?
Before getting into ways to find niche markets, I want to briefly go over what a niche market actually is.
When looking to start an online information marketing business, you need to decide on what you want to sell information about. You need to decide on what niche market you want to go after.
There are general markets but you need to drill down into smaller markets to build your business around. The (very elaborate and pretty!) diagram below shows what I mean:
In this example, you’ve got the enormous market of health and fitness. But then, within that, you have people who want to lose weight. But then you can drill down further into the dieting side of losing weight. You can then build your business around helping people find the right diet for them.
Drilling down like this helps to find people with specific problems that are looking for the solutions that you can potentially provide.
There are 3 big markets online that the vast majority of the money is made in and those are:
Health,
Wealth, and
Relationships.
Any of the niche markets that you’ll find out about online will most likely fall into one of those 3 bigger markets.
If your concern is competition, don’t let that bother you. I, personally, would be concerned about going into a niche that doesn’t have competition because, if there’s competition there, you know people are already selling stuff to that market and you can too. Also, competition can become business partners for future projects.