Monday, February 26, 2007

Niche Marketing



The term niche marketing means different things to
different people.

Generally it is known to mean the developing of websites in
sub mainstream market segments to profit from selling
products, generating advertising revenue or other forms of
website monetization.

Niche marketing is effective because it allows you to
operate in markets that are less competitive meaning you
have the potential as a new or seasoned marketer to
capitalize on big opportunities with relative ease and far
less cost.

Particularly for new marketers, niche marketing can be the
key to riches because it allows you to compete on a level
playing field. You don't have to jump into the ring with
the heavy weights, you can develop your skills in the
junior divisions before moving into the big leagues.

If you pick the right niche you can build your site,
extablish yourself as an expert, sell your own products,
recommend other people's products, the opportunities can be
endless and good money can certainly be made.

The trouble is that as niche marketing grows in popularity,
many of the markets we called niche markets are now not so
nichey at all, they're almost as bad as mainstream markets
in terms of their competitiveness and difficulty to profit
from.

The markets that spring to mind are things like acne, dog
training, or anxiety. Markets like these, while they can
still be profitable will not make the average web marketer
alot of money at all. Even the more nichey versions, acne
treatments, dog training videos or anxiety relief are
difficult for most people to compete in and make money.

Then there's the other extreme. You can go to the tiny tiny
niches that get almost no search volume. You can find "long
tail" keywords like 'pug training schools in atlanta" or
"acne treatments that work in 2 days". The problem with
these are, 1. that they often don't get enough traffic and
2. they are so specific that even if you can drive traffic,
there isn't much you can do to serve those people except
show them ads. Again this can be profitable if you know how
to do it but it seems like there just has to be an easier
way...

The niche marketers that really make the most money are
those that know how to find the perfect balance between
competition and search volume. Not only that but they know
how to analyze the nature of a niche market to determine
how much potential it really has before they enter it.

By doing this they find markets that can make them big
money very quickly, faster than most people think possible.

Then when they do find markets they know how to make sites
that will capitalize on them as effectively and efficiently
as soon as possible. The result? Big profits, easily, and
quickly.

There is no doubt that niche marketing although often a
tricky game, can be wildly profitable when done right.

Niche Marketing on Crack




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