When some people hear that you can make huge profits form tiny
markets that commercial America ignores, they don't believe it.
I'm here to tell you that it's absolutely true; niche markets
are extremely profitable and low competition.
You see, big companies want to make hundreds of thousands of
dollars a month or more if they are going to enter into a
market.
IN many niche markets you can make over $10,000 a month but this
isn't enough to attract big companies.
What this means is there are loads of markets like this that you
can come into and sell products in for huge profits.
What seems like chump change (10k) to a big company might very
well be the monthly income you need to retire and enjoy the rest
of your life!
Monday, June 29, 2009
Why Niches are so Hot
There are literally hundreds and even thousands of courses,
ebooks, membership sites and newsletters on marketing on the
Internet.
Almost all of them breed the same kind of person after they read
the book...
A person who wants to sell the same type of "marketing"
information or products because they see this guy doing it.
Do you think you could expect to compete with an expert in the
field after just reading ONE of their books?
Definitely not.
But after so many failures some of these people got smart and
started launching products on their OWN skills and life
experience.
The result?
More money, a happier life and a business that is actually fun
because they are selling a product they are knowledgeable and
passionate about.
This is the reason that niches are so hot right now!
ebooks, membership sites and newsletters on marketing on the
Internet.
Almost all of them breed the same kind of person after they read
the book...
A person who wants to sell the same type of "marketing"
information or products because they see this guy doing it.
Do you think you could expect to compete with an expert in the
field after just reading ONE of their books?
Definitely not.
But after so many failures some of these people got smart and
started launching products on their OWN skills and life
experience.
The result?
More money, a happier life and a business that is actually fun
because they are selling a product they are knowledgeable and
passionate about.
This is the reason that niches are so hot right now!
Introduction to Niches
A niche market is simply a market of people that has low
competition but has a group of hungry buyers with a problem.
This means that you have great opportunity to create a product
that isn't currently available or is hard or expensive to get
and can market it to these people easily!
By marketing to low competition, highly hungry markets you set
yourself up for a much greater chance at hitting a financial
homerun.
With most courses telling you to sell products in highly
competitive markets, it's plain to see why niche marketing is
becoming so hot.
The great thing about niche marketing is that you can create
products on things you are interested in and have experience
with.
This makes your business a hobby as well and fun to do unlike
selling products you don't care about to people you don't care
about.
competition but has a group of hungry buyers with a problem.
This means that you have great opportunity to create a product
that isn't currently available or is hard or expensive to get
and can market it to these people easily!
By marketing to low competition, highly hungry markets you set
yourself up for a much greater chance at hitting a financial
homerun.
With most courses telling you to sell products in highly
competitive markets, it's plain to see why niche marketing is
becoming so hot.
The great thing about niche marketing is that you can create
products on things you are interested in and have experience
with.
This makes your business a hobby as well and fun to do unlike
selling products you don't care about to people you don't care
about.
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