Everyone I talk to these days is moving away from the IM niche. It seems like that's the goal for even successful marketers in this niche. You even see posts saying "here's how I'm leaving IM..." etc.
Obviously I can't speak for everyone, but I see a trend of people either wanting to get established in other markets or thankful that they already are.
It's funny because I've been successful outside of the IM niche for years and I'm now getting more involved in this market - which is the opposite of what others seem to be doing. They tell me to stay away. LOL
One guy I know has been in IM since 1999 and has 50 products for this market. He's asking me for advice on finding a good niche because the IM market is "just not what it used to be."
What do you think is the reason?
I'm just going to throw some of the things I've heard out there - could it be:
- It's becoming too tough to sell cars to car salesmen who already know it all?
- The top guys are stealing all the market share with product launches?
- Devaluation of ebooks due to $7 reports and cheap WSOs
- Low conversions and open rates on emails?
- Too much competition?
- The relatively ridiculous amount of perceived value you have to offer just to sell a $37 product?
- Rehashed and unoriginal PLR and ghost written content?
- Jaded customers who have "been hurt/scammed before?"
- The short product life span?
- High refund rates?
- Fake it until you make it posers?
- The haters, copycats, and scammers?
- More revenue potential in other niches?
Please tell me that all the things I'm hearing about this market is BS and the opportunity has never been better.