MMO niche VS non MMO niches ?

The niche that you put your effort into will be the most profitable

Yes they are

I think there is only one way to find out...Go for it

al

Many of the Marketers have done this and I always have recommend it. You can start at in MMO niche without any other experience but it does take away credibility when you have not had some sort of prior success outside this niche. Like the blind teaching the blind


- Robert Andrew

I think you should ask people like Tony Robbins, Deepak Chopra, even Dr. Phil.

Oh, and there is no "self-development niche" - it's a very broad market with dozens or maybe hundreds of potentially profitable niches within it.

Find a group of people with a specific problem (something like 'fear of flying') that you can both help and reach effectively. A group proven to spend money in an attempt to solve their problem. That's your first niche.

I've found it quite easy to get traffic in the MMO niche, but it's been a lot harder to monetise.

Ads were a total flop for me, but subscription services are looking more promising.

What's also promising is that visitor engagement is quite high, which suggests that I need to be starting forums and stuff.

There is a big profitable world outside of MMO and even trying to make sales.

I heavily promote PPL (pay per lead...lead generation) offers. This is because there is no credit card / purchase required to complete an offer. All a user has to do is fill out a form, so conversion rates are typically much higher than offers that require a sale.

I favor offers that have a make, get or save money benefit to them. Which is what has overall worked the best for me. As they tend to have the greatest mass appeal (will be of interest to a large general audience), so the potential exists to produce high volume and it's fairly easy to cross promote offers on the back-end.

Some of the verticals I have done extremely well with are: insurance, education, debt, credit, mortgage, assistance, loans, discount offers, homeowner offers, etc...

The bulk of the offers that I promote usually pay $20-$40 per lead. However, I promote offers that pay more and less. But you really don't want to get to hung up on the payout. Because how an offer converts is as important and in some cases even more. You could have an offer that pays $9 and if it is converting at 2X or better of a $20 offer it will perform about the same or possibly better. At the same time, you could have an offer paying $90 and if it converts poorly, it may not even be worth promoting.

Bottom line, it is far easier to get someone fill out a short form than to get them to pull out their credit card and make a purchase. So why struggle with trying to sell this or that, when you can provide free information that users want/need and get paid well doing it.

Online lead generation is a multi-billion dollar industry. Done right it can be far more profitable than many imagine. I can say all this all from experience, as I've been doing it for over 16 years.

Something to think about.

Think about it..

In MMO you're using sales techniques that EVERYBODY's aware of. They have less impact, right?

But in non MMO niches the same techniques are way more effective.

Plus, look at the amount of shady sleazeballs that hype and pimp low quality products (sorry guys).

The average customer rightly has their guard-up anyway... and it's only amplified in MMO.

Throw in things like MML, biz op and get rich quick nonsense, setting yourself apart from those idiots is difficult.

Then finding the right kind of customers isn't easy either thanks to the amount of freebie seekers, serial refunders and lazy students. Who wants to deal with losers? To be fair, much of that is a byproduct of.. no, actually it's a direct result of all the hype and scams.

Networking is a minefield too.. and trust is in short supply. Most people have an angle or ulterior motives. Even having a normal conversation with an 'Internet marketer' is tricky - all the subtle mirroring, the matching speech patterns.. yawn..

If you're on that wavelength and it works for you.. cool, whatever. Me? I prefer authenticity over slimey catchphrases.

MMO, in my opinion - and most probably won't agree with this, but it should only be considered if you've already proven yourself with a legitimate business model, and you want to supplement your income with a secondary source (don't put all your eggs in one basket, right? Oh look.. a slimey catchphrase, it's contagious.

Imagine if you hire somebody to teach you how to drive, only to find out they barely know how to drive either, and anytime you ask him a question he stops, pulls out his phone and searches for the answer.

Not cool, right?

Don't be that guy.

The only legitimate way for a newbie to get into the MMO niche that I can see, is to be a signpost directing people to successful entrepreneurs either through affiliate recommendations, case studies, interviews, or JV's.

And even with those restrictions, there's a crapton of opportunity for an honest marketer (..nope that's not an oxymoron).

/rant.