How to find a good niche market

How To Find a Good Niche Market

Hello all my viewers;
In the following paragraphs I will be covering the very essential subject of “How To Find a Good Niche Market”, which is the very first crucial step to take when starting out in business.
By knowing what it is your particular “Niche Market” you will find it much easier to find and create products to sell. You will also know exactly who you are selling to, and what your consumers are looking for, so it is going to be a whole lot easier in your marketing strategies.
The best way to define “Niche Market” is: Something of interest to a group of people. Niches are wide and can be very in detail, the more specific the better, because you know ‘exactly’ what your market is looking for.
A quick example for that: “Making Money” is a broad niche, and it is of interest to a huge amount of people, but it is too broad. A sub-niche for that would be “Make Money Online”, which is still too broad. More specific would be “How to Find a Niche Market” to be selling to, so you can start an internet business and make money. Got the concept? Great!
The better niches are where there is a problem to be solved. In other words, something that is in interest to a group of people because they have a problem and are eager for a solution.
The reason is obvious. 1) The people who have a problem are going out searching for a solution, so it is easier to find them. 2) They are willing to pay anything it takes to get a solution to their problem, so there is a lot of money to earn there.
So, “How Do You Find a Good Niche Market”? The 1st step would be to brainstorm where you have or had your biggest challenge in business, and you may be assured that there are many more people out there having the same problem. Then, research for the solution to that problem in dept. That is it. You have got a good product to begin with.
In my case, I had a problem discovering a good niche to be in, and I knew that I would like to be in the Internet Marketing niche, so, I went out researching on it, and what I am sharing with you here is exactly what I found, and it definitely helped me a lot, so I am sure it will help others who are in the same place I was before.
You have to make sure that the niche you are deciding on has a large market, and a large demand. You can do that by researching the keywords on that exact niche. Keyword Research is a different topic which I will not cover in this article, but you can Google that and you will find many training. I will most probably be spending another article on keyword research, which you can easily find on my blog http://www.EliezerRosenblum.com.
After finding a good niche with a nice demand, you have to brainstorm “What do people who are looking for my solution search on”, which keywords are they using to find a solution to their problem. Do that by thinking what you were searching to find the solution yourself. You can also use keyword research tools and software for that.
Now, you are ready to create or find a product, and put it into the “Internet Marketing Process” which I will be writing about on my blog in further trainings.

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