Copyright 2005 Patric Chan
‘Do You Know The Most Common Question I Get All The Time About
Internet Marketing?’
The question is …
“How Do I Make Money On The Internet?”
Now – I want to be honest with you. It’s a valid question but
it’s impossible to answer that question because there are just
too many things to talk about in that topic!
I mean, other analogies to that question are …
“How can you make a girl/guy likes you.” or
“How can I be a good parent.”
There are so many ways to achieve that!
But …
If I can sum it all up to give you the secret of making money
online fast WITHOUT competing with experienced internet
marketing gurus, the answer is …
“Build an online niche business.”
What? Online niche business? What’s that?
It’s niche marketing.
For the record, I’ll define an online niche business as a
business that is not about ‘How To’ make money online or offline
and internet marketing related topics.
Here are a few niche marketing examples:
A website about dog training … A website about digital camera
…. A website about wedding planning … A website about baby
sitting … A website about fresh water fishing … A website
about Thai kickboxing … etc, etc.
You get the idea, don’t you?
However, I have to agree with you that the ‘How To’ make money
niche market is a profitable market.
No doubts about that.
So, why am I still insisting to everyone who has asked me how to
make money online to explore the income potential of niche
marketing?
Am I afraid of competitors?
That’s silly.
Does Anthony Robbins worry about the other 1000′s of
motivational speakers in United States?
I don’t think so.
The reason I highly recommend someone to build a niche business
is because he/she will not be competing with experienced
internet marketing gurus. Like, if you’re planning to build a
niche market for martial arts, you can focus on ‘ninjitsu for
women’ etc. Don’t build a niche market purely on ‘martial arts’.
That’s too huge a market.
Now — How many experienced internet marketing gurus are you
going to be competing with in ‘Ninjitsu for women’? Hardly any.
But hey, don’t go and do ‘Ninjitsu for women’, ok? That’s just
an example that I plucked from the air.
But here’s the most important advice:
It’s not about making $100,000.00 from a niche market or
whatever amount of money you set yourself to earn.
It’s how you’re going to make the first $1 from that niche. Once
you have done that successfully, there’s nothing stopping you
from improving that online niche business’s income.
Let’s talk about ‘Ninjitsu for Women’ again.
The first product that you sell might be an ebook titled,
’10 Easy Ways To Master Ninjitsu Martial Art For Women’.
Once you sell that, you can expand the business and start
selling:
i. More ebooks ii. Ninjitsu tools and gear (Sell as an affiliate
to reduce the handling inventory and order fulfillment cost)
iii. Ninjitsu classes iv. etc etc
The sky’s the limit for what else you can sell in the same niche
market as long as you know how to make your first dollar online.
Patric Chan
http://www.articlesbase.com/ecommerce-articles/the-advantage-of-niche-marketing-1034.html
What are the advantages and disadvantages of Niche marketing?
Advantage: You have a captive audience
Disadvantage: You have a smaller audience
References :
The advantages are that you will have customers that keeps coming back while bringing new ones, it is a dream come true for every website or blog owner. I don’t see any disadvantages because you can have just more than one! I have severals you can check out..
http://www.Transformerscraze.com
http://www.pottytrainingforchildrenwithdownsyndrome.com
http://www.Justiceleaguecraze.com
http://www.Halloweencostumescraze.com
http://www.hosting4beginners.com
http://www.goldeneggnest.com
plus much more!
References :
a Nicher who likes to make money
Advantage … It is the market that you first look and select as the market to look at and focus on.. There is less competitors in this market.
Disadvantage. It is small market. So it is appropriate for the small company and if it grows, they have to develop the market to another area or try to do product extension for that target market.
References :
I agree with third answer. If you need more info on niche marketing, you find on google.
BEST OF LUCK!!!!
References :
http://makemoneytwitter.net/index.html