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Monday, January 12th, 2009

How Do I Find Profitable Niche Markets?

How Do I Find Profitable Niche Markets?

find niche marketsAccor­ding to our poll, this is currently the most pres­sing ques­tion peo­ple have about star­ting their online business:

Q: “How do I find niche markets?”

A: We had a fee­ling that this would be a popu­lar one. And after wai­ting a few days for all the ini­tial votes to be tallied, we’re glad we were pro­ved right.

After all, the life­blood of all web based busi­nes­ses is to focus our efforts on pro­fi­ta­ble niche mar­kets! There’s just no point in spen­ding time, money, and effort on deve­lo­ping pro­ducts that just won’t be lucrative.

So, we deci­ded we wouldn’t make you guys wait another minute, and in today’s video, we’re sha­ring a resource that is 100% free and can help you zoom in on not just “new” niche mar­kets, but rather, focus in on pro­ven markets.

Your com­ments are wel­come! We’re listening.

About the Author


Category: Research
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  • Great tip! Aren't topics that have a Dummies book on the market also likely to be already oversaturated, though? But I guess that's where MarketingESP comes in.
  • @Sharon McPherson - That's a great resource, Sharon. Thanks for sharing!

    I also recommend http://www.InfomercialScams.com (a sister site of InfomercialRatings.com) as a research tool
  • Hi there Sylvie

    Great Blog by the way - Looks fabulous as well.
    That was an excellent video walk through of an idea that I only came across a few days ago on a video that John Jonas did.
    Your video walk through on the Dummies method was great.

    Thanks

    Hamant

    Ps Oddly enough I'd never come across the Marketing ESP before.
    I will be checking it out
    Thanks
  • Great tip about Dummies books. They're a great series. Never thought about using them for market validation. Thanks.
  • Thanks for this great resource Sylvie. As you know, marketers should always be on the lookout for resources to locate profitable niches, but I had never thought of using the 'Dummie" books to do this.

    A resource that I use and one your readers may find helpful is, http://www.infomercialratings.com It especially useful for those using the CPA Affiliate Marketing method.

    Thanks again, can't wait to see what you have for us next.

    Sharon McPherson
    @SharonMcP
  • Thanks for the resource. It just helped me confirm and refine a market I am creating a product for. I will also be checking out the Marketing E.S.P. (why not put a link in the post to it ;)! )

    Jason
  • hey Jason

    Thanks for the reminder. ;)

    The link Jason's talking about is http://www.MarketingESP.com
  • Dave
    Great sggestion guys, i'd just discouvered "dummies recently myself.
    You can be sure if thre's a 'Dummies Book' There's a niche market
  • Solvetheproblem
    Hi,
    The video seems to be incomplete. It terminates in the middle of a sentence close to the end that references part 4. This happened in the latest firefox browser. Outside of that an interesting and informative post.
    Thanks
  • Hey there. I double-checked the video in my Firefox and it seems to be fine. Possibly a temporary glitch or buffering? (I'm not nearly techie enough to troubleshoot) :)
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