How Do You Pick A Niche

I guess using Market Samurai would be better

Well, to give you a headstart, here are five niches off the very top of my head you can choose from:

1. Weight Loss
2. Relationships/Dating
3. Make Money
4. Acne
5. Reverse Phone Lookup

Just drill those down into subniches and you'll be good. But as far as how to go about finding them, just pick out what's selling. I'm sure other Warriors can give you more insight.

whatever you think that your good at or have some knowledge of, give it a shot, but have a plan on how to operate your site, if you want to turn it into a business, not just a info based site.

I was actually thinking of putting together a product on this...still might. Either way, here is a list of things I recommend to people (esp if their noobs to IM):

-if at all possible, pick something you're already an expert in (and by "expert" that really only needs to mean that you're Yogi Bear...smarter than the average bear - lol...in that topic)

-also if at all possible, pick something you have genuine interest in as a hobby or whatever...learning the IM game itself can be hard enough w/o not knowing what you're doing in your niche itself

-are others already in the niche?

-if so, how many? are they making money? how is the competition? are you going up against the "big boys"?

-go to a bookstore...are there magazines dedicated specifically to the niche you want to get into? If so, that means there's a market for it.

-if you wanna create your own product, is there already something out there like you wanna create? If so, does it sell and sell well? If the answer to that is yes, then there is a possibility for your product to sell well (esp if you improve on what's already available).

A really good thing to do (call me crazy) when learning how to pick niches is to watch that show on ABC called "Shark Tank" (where entrepreneurs come on and ask these really rich folks to invest in their companies). Seeing what random folks come up with, and what these "sharks" are willing to invest in can be very enlightening.

For instance, I was watching an episode earlier tonight via DVR from a few days ago. A guy had come up with his own spin on building blocks. It was made of a flexible material, could be pieced together kinda like tinker toys, could be used to make round shapes...stuff was even designed/created by an architect. Had a patent on the product and everything.

Yet 4 of the 5 wanted nothing to do with it simply b/c Lego already has a stranglehold on the building block market. Who wants to compete with Lego? The 5th "shark" (the guy who started Fubu clothing) agreed to invest *contingent* upon calling one of the big 4 toy makers and getting one of them interested. If that couldn't be done, he wasn't gonna invest.

Now, use some of that same sorta principle and apply it to picking a niche.

That kinda thing...

But then again, I really enjoyed watching "Pitchmen" (RIP Billy Mays) on Discovery, too... ;-)

I use Micro Niche Finder to find low competition keywords, and build from there. I also use Amazon.com to find their best selling products. I use Terapeak.com to find out what people are searching for on Ebay (this is a paid service).

There are so many ways to pick a niche but the best as far as I am concern is to look at what is HOT in the market.

What I normally do is to go to market places such as ebay, clickbank, cj.com e.t.c and look at the top selling products.

I particularly stick with clickbank for digital products. You want to market anything that has a gravity above 50.

People try to avoid products that have gravity of over 200 but not me. The product that has made me the most money has a gravity of over 400 but there are long tail keyword phrases in there.

Another way to pick a niche is to go to article directories, look at what other marketers are promoting. Click on their websites and see what product that are promoting.

Nicheaday ... I have not used this one effectively enough but it presents a very good way of picking a niche. All you need to do is to go to Nicheaday.com, sign up and a niche with so many keywords and their competition strenght will be sent to you every day.

You can also pick a niche by using your discretion. Have you lost some weight in the past? Were you ever desperate to build some muscle? Is there a product you want to buy over and over again? That could be a good niche to get in.

choose some general niche at first and then go to some forums in that niche

see what is hot there, what problems people have

decide if you can create a product to solve this problem - but at first confirm that people are ready!!! to pay for that product. That they already buy similar products.

you can also look through the most viewed articles in most popular article directories.

you can also see what is hot in Amazon in your niche,
etc.

Hi guys

i tend to go for what will always be around and isnt just a seasonal niche. So for example i am in the weight loss niche, debt, make money, food, health, hair and beauty and so on.

I do put in xmas type offers to my lists though but dont really bother with valentines day though i would if i was in the relationship niche.

kind regards


sam
X

i just choose thing that interest me..

I use keyword elite to analyze keywords in my niche. So far it helps ma a lot in my competition.

Thank you.

I always go to Market Samurai and Google keyword research for better result to find niche..

Thanks "FrqHuss"

I usually go to Amazon, EBay, Clickbank...anyplace that indicates that people are already spending money in a certain niche or a certain product.

Why complicate things when you can find out what people are already spending money on, and then put something in front of them so you can get some of their money?

Pop a few of these Endless niches into your Market Samurai promotion...

A very cool Research tool & resource as you head down the page and evaluate the Many golden opportunities...
SEOmoz | Popular Searches

Dave

I quit chasing niches 2 years ago, too much work. Have been selling Internet Education for over 2 years now, its in high demand online and offline. Good luck !!

You can find several posts here regarding your question. But frankly speaking I like google keyword tool most. It is really worthwhile.

I always choose a product by which people are running behind. This can be possible if you search in those sites.

google.com/trends
buzz.yahoo.com
hileum.com
digg.com and so on.

If youre looking to find a micro niche, check out your local magazine stand...have done some of my best work from ideas gained that way! best of luck

Hey HomeBiz

Very first question you need to ask when picking a niche... is there a market full of hungry willing buyers?

Cos if there's not ... then no matter how passionate you may be about it ... if theres no buyers... youre gonna struggle to make sales!

So ... how do you find out if theres a market of hungry buyers?

Well... start by going to Google keyword tool and search the main keywords and phrases ...anything less than at least 1000 searches per/mth forget it...you will struggle to find buyers.

However if the keywords do have a strong market of say 5k plus ... thats great ... at least you know the product is sought after by hungry buyers.

Of course you'll also find that theres crazy competition for the main keywords...thats ok...you can use an advanced keyword tool and drill down looking for 'long tail keyword phrases' that have >1000 searches/month and less than 40,000 competing pages.

Why?...Cos thats where you will find the nuggets of gold in the niche that many people overlook...and dominate these terms to rank a whole lot quicker cos there is much less competition.

Of course thats just the start...but its the best way to start when you are looking at what niche to go into.

Here's a great free ebook download that goes into full detail and shows you exactly what to do, step by step.

All the best

Thanks for the tips everyone! Great info for a newbie

best selling products at amazon, clickbank and cj are mine sources

I'm a weird one. I look at keywords toward the end of the process. While not an all-inclusive list, when I look for niches I look for:

1. A niche with healthy competition.

2. A niche where it's fairly easy to find WHERE the competition is advertising.

3. A niche that has rabid, repeatable buyers that get replenished quickly.

4. A niche that has lots of products / services that I can affiliate / partner with.

I write down 8 to 12 ideas and then that's when I begin my keyword research. I've used Market Samuraii, Keyword Elite 1 and 2, Keyword Discovery, Wordtracker at one time or another........

Think of life style such as dating, relationships, marriage, special events, retirement, saving for college, going to college, passing certain exams, etc.

Think of people with health or life challenges. We used to sell a product dealing with men's baldness and it sold like crazy.

Think of information people are looking for and figure out how to monetize it. People want to cure their acne. People want to find the person of their dreams. People want fulfillment and want to be happy. Some people want to learn the latest video game techniques and tips. The niches and sub-niches out there are virtually endless.

Can you believe there's a guy out there that make $600,000 a year in PROFIT teaching people how to play a musical instrument? Another guy is making nearly twice that much teaching people how make jewelry at home? Study your competition like crazy once you've chosen a niche and you'll find ways to out-position them.

It's a semi-formula I've refined over the years and it's served me well.

RoD

Asking yourself with these questions might help you to come up with new niche ideas.

Which social, industry, and professional groups do you belong to or have you belonged to, and understand?

Think about your physical habits, work experience and all the list of groups that you belong to. Another suggestion is your buying habits and online subscriptions etcetera.

I used to pick Niche's that I knew about, but now that I outsource a lot, It is no longer such a concern.

Go after big sellers if you can find a long tailed keyword with low comp..

I look for problems that people are experiencing and are desperate to find a solution for or things people are totally nuts about

Discovered this a couple years ago when helping a family member:

Old Magazines.

Best stuff to grab new (old) niches and content.

And yeah, I'm a retro kind of guy No ipod's or fashion sites here, just the old and basic niches.

Would this be your first step into IM? if so, go for something you're passionately/knowledgeable about. It always makes it easier to get your feet wet.

it's true, there *IS* no bad niche, its all keywords. In ANY niche you can research and find some "good" keywords and can try to rank and dominate.

Passion, Passion and Passion. IM is not so easy. If one choses a nice that does not excite them, chances are they will get tired and abandon everything before they see any real results

i like going for niches that SEO-able with lots of search volume & little competition & high commissions