Thank you for taking time out to read my latest blog post.
This blog post forms part of a sequence about Niche Profits.
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Welcome to the third lesson in the targeting tiny (micro) niche markets for better results and increased profits.
I hope you found lesson one & two informative and have a better understanding of what’s involved in this marketing strategy..
Over the next few days, this sequence of blog posts will help you learn the ins and
outs of targeting tiny (micro) niche markets for better results and increased profits.
Today we are going to talk about how looking for problems can help you target profitable
Marketing to tiny niches at its best helps to solve real problems that real people live
with every day. If you find a small market that has disposable income and can come up with a product or service to promote that helps people in that niche solve their problems then indicators are good that it is a money maker. The things people view as ‘problems’ provide an endless supply of possibilities for niches marketers. People have problems and they are always looking for ways to help to solve them.
As we discussed in your last lesson a good way to find out what people consider a problem
is to read online forums and social streams where people in the niche you are exploring
gladly talk about anything and everything.
They discuss subjects that they wouldn’t talk about with their best friends for the simple reason that they can remain anonymous if they choose to do so. They look for solutions online for the very same reason. By visiting forums and taking note of what people are most concerned about you can search the Internet for products and services that will help them solve those problems.
A profitable niche is one where people are ready, willing and able to spend money.
There will be some competition, but not so much that you will have to spend all your time
and money fighting for consumer attention.
This is where research becomes very important because there are some niches where you will find a lot of people talking about things and asking questions but they just aren’t willing or able to spend money.
An additional way to use forums to reach a specific niche market is to join related forums, identify the problem being discussed most often and then participate in the conversation by posting questions that will solicit responses. The information you gather from this type of interaction can be a huge resource for your quest to find a profitable niche. It will also help you connect with consumers in that niche which can definitely be beneficial in the long run. That’s it for today’s lesson. In your next lesson we will be talking about the importance of choosing keyword and setting up a website.
That’s it for today’s lesson.
In your next lesson we will be talking about how looking for problems can help you target
profitable niches. If you have questions or need assistance please feel free to contact me.
I will be happy to help.