Monday, January 12th, 2009
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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

Sylvie Fortin is co-founder of The Licorice Group, a publishing and training company dedicated to helping entrepreneurs and online marketers grow their businesses. For more information, visit her blog at http://MarketersBoard.com.

Category: Research
Tags: Market, Niche, Research
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  • 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) :)
  • 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
  • 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
  • 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
  • Great tip about Dummies books. They're a great series. Never thought about using them for market validation. Thanks.
  • 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
  • @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
  • 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.
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