Thursday, September 11, 2008

How To Identify A Niche Product ?

Hi,

I am back from my short holiday but recovering from a mild flu and it is no fun to be sick!

Ok, so how do we identify a Niche Product ?

Your friends or instructor would have told you to do searches in Google, Yahoo, MSN, etc..... to look at the trends and the no. of searches, etc...... Then copy the results into an Excel spreadsheet and do some computation to determine if this is a niche product.

I tried the approaches and I was getting nowhere so I started to look for a one-stop solution and came across a niche finder software, called Micro Niche Finder.

After having gone through all the techniques on IM like building blogs, driving traffic, etc..... I finally come to the conclusion that you must be working in the right niche market else no point.

A good example is the efforts put in between my friend & I. My friend has earned more than me to-date. We just compared it in our emails today!

When we shared with each other what we have done to-date, I have put in more effort and my blog looks better than his and more content too. I even have to advise him to make some improvement as it was such a glaring mistake.

So why is he having more sale than I?

We come to the conclusion that his product is more niche than mine and I agree. I have chosen a product that I have passion for whereas he has chosen a product that the people wants and the product was even new to him!

Got it?

So identifying a niche product or market and then try it out as there is also no guarantee. If it does not work, choose another one and try again, again, again and again....

Even if you got a right product, you have to contiue to look for more niche products to work on as it does not end there.

Coming back to the problem of how to identify a niche product or market, I feel I needed help and I am happy to have found this niche finder software, Micro Niche Finder.

After I bought it, I tried out the selected product and true enough..... traffic was easily attracted to that blog as it is a problem that the people are looking for an answer.

So you can then choose to use a few IM business model to make sales; eg write PLR for sale or/and affiliate marketing on this product, etc.....

However, please bear in mind that you still have to do a lot of hard work based on what you have learned, all those techniqes that I mentioned in my earlier postings.

Nothing fall out from the sky.

Example. If you are told that XYZ is a hot item but if you do not know how to rent and run a shop, it could be a bit late or very tough to start learning now. That is why you are unlikely to make $$ in the first few months or even a year as you have to learn the business too.

Well, I have learned the basics of IM business models and have tried them out and I am ready to go to the next step and use the niche finder software to help me push my earnings to the next level!

By the way, you can view a set of FREE videos on how to use the Micro Niche Finder software before you proceed to buy it. That was what I did.

The videos also shows you 5 ways of making profits with the niche finder software, so check it out.

Stay Focus, Plan and Do It..!

David

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