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,
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.
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?
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.
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’
The first product that you sell might be an ebook
’10 Easy Ways To Master Ninjitsu Martial Art For
Once you sell that, you can expand the business and start
-More ebooks -Ninjitsu tools and gear (Sell as an
affiliate to reduce the handling inventory and order fulfillment cost) -Ninjitsu classesThe 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