Niche marketing vs Multiple Income Streams
Posted 08-24-2009 at 05:50 AM by Sapphire69
Niche marketing vs Multiple Income Streams
So what is better - Niche marketing vs Multiple Income Streams?
The answer my Group have found to work best - for us - is to have multiple income streams - if you sell everything you hit every corner of every market! Something for everyone, everything for someone.
This is almost the opposite from the current trend in finding a "niche", but that method is just getting press these days because of the general public hearing about something that most of us have known about for years.
There is nothing new about Niche marketing - look at how long Avon has been going - selling makeup to housewives. (Same applies to Ann Summers - same demographic.)
A lot of newbies and people from this generation think they have discovered Niche Marketing for themselves.
(A bit like the dozens of BAs for "new" Traffic Exchanges you see because the newbies are the first person to discover "this great site that gives you free targetted traffic - I got 200 hits in 2 days!" The fact that they join as affiliate id number 3500 should indicate to them that there are a good few people there before them!)
(Similarly this generation of Martial Arts students with their UFC and KFC contests who think they invented cross training mixed arts contests. Boxing v karate v wrestling v Judo matches have been going on for decades. And Bruce Lee spent most of the 60s trying to spread the message that everyone should cross train and test it all out in all-out sparring. But that's another discussion for another day.)
Personally I sell wellness products and telcom products, alongside cleaning products and information products, as well as several other streams. We even sell pet vitamins!
So whatever you want to buy, you can find it from my site, and whatever you want to sell, you can find it from my site.
It takes a bit longer, and takes a lot more people, but it makes a lot more money.
Sapphire's Internet Marketing Blog
So what is better - Niche marketing vs Multiple Income Streams?
The answer my Group have found to work best - for us - is to have multiple income streams - if you sell everything you hit every corner of every market! Something for everyone, everything for someone.
This is almost the opposite from the current trend in finding a "niche", but that method is just getting press these days because of the general public hearing about something that most of us have known about for years.
There is nothing new about Niche marketing - look at how long Avon has been going - selling makeup to housewives. (Same applies to Ann Summers - same demographic.)
A lot of newbies and people from this generation think they have discovered Niche Marketing for themselves.
(A bit like the dozens of BAs for "new" Traffic Exchanges you see because the newbies are the first person to discover "this great site that gives you free targetted traffic - I got 200 hits in 2 days!" The fact that they join as affiliate id number 3500 should indicate to them that there are a good few people there before them!)
(Similarly this generation of Martial Arts students with their UFC and KFC contests who think they invented cross training mixed arts contests. Boxing v karate v wrestling v Judo matches have been going on for decades. And Bruce Lee spent most of the 60s trying to spread the message that everyone should cross train and test it all out in all-out sparring. But that's another discussion for another day.)
Personally I sell wellness products and telcom products, alongside cleaning products and information products, as well as several other streams. We even sell pet vitamins!
So whatever you want to buy, you can find it from my site, and whatever you want to sell, you can find it from my site.
It takes a bit longer, and takes a lot more people, but it makes a lot more money.
Sapphire's Internet Marketing Blog
