Noob Question - Please advise

9 replies
Hi All,

I've gone through Jan's material and picked my Amazon product to promote. It seems to have passed all Jan's criteria as well as Market Samurai for being a good candidate. All seems well until....

I go out to oDesk to get a writer for the reviews. I ask for samples, and the samples she submits are for my chosen niche. Now, I'm pretty sure I'm not going to find anything on Amazon that is not already has/is being tried, but I just wanted to ask this question:

If my research indicates this is a good product, is it foolish to go forward with it if I know others are targeting that product as well?

My thought is yes, because I don't have to be the best, just a little better than the other guy. But I'd love to hear your thoughts. This forum seems like it has a sense of community that is uplifting and very helpful. Please forgive the noob question. I don't have anyone in the room with me to bounce this off of.

Thanks!
#advise #amazon #noob #noob question #product selection #question
  • Profile picture of the author mgreener
    Hi,

    There are very few things if any in this world that don't have any competition. If you have a solid plan and commit to success, you can and should do it. Good luck!
    {{ DiscussionBoard.errors[5322449].message }}
    • Profile picture of the author rodowdy09
      My opinion is like the above post. In life there is always competition. Have you noticed how many dry cleaners are in your area, or banks, or burger joints? Competition means there is market for what's being offered. Your duty would be to research the competition that is relevant to you and stand out. There are post on the forum for gauging the competition.

      Now I do believe there is a difference between competition and saturation... But don't let others being in the niche scare you away upfront

      Success and Blessings to you!

      Rich
      {{ DiscussionBoard.errors[5322667].message }}
      • Profile picture of the author Watchman220
        yes agreed. You should always do your research...and evaluate how much competition there really is.

        Using Market Samurai is a good first step to gauge the level of competition vs saturation. Do you have competition with tens of thousands, hundreds of thousands, or millions of backlinks dominating the top 10 of Google? Probably a bad niche to jump into...

        You will need to learn how to get backlinks and drive traffic to your site. Welcome to Internet Marketing. that is the hardest part of doing this gig. No matter what niche you choose.

        Remember that everything you do in SEO to gain in your (SERP) Search Engine Results Placement...ends up reflecting 2 - 4 weeks down the road.

        Your job and focus should be as you said...being better than the rest. If you think you can pull that off you should do it.

        If you are not sure...then you should try anyway...no better way to learn than by full immersion into the competition. See if you have what it takes to compete in what you consider an easy or reasonable niche market.

        Good luck and keep trying to you succeed!

        The Watchman

        P.S. Some free tools...and an Ebook on how to drive traffic in my sig.
        {{ DiscussionBoard.errors[5322717].message }}
  • Profile picture of the author Miguelito203
    Originally Posted by Dustin Wright View Post

    Hi All,

    I've gone through Jan's material and picked my Amazon product to promote. It seems to have passed all Jan's criteria as well as Market Samurai for being a good candidate. All seems well until....

    I go out to oDesk to get a writer for the reviews. I ask for samples, and the samples she submits are for my chosen niche. Now, I'm pretty sure I'm not going to find anything on Amazon that is not already has/is being tried, but I just wanted to ask this question:

    If my research indicates this is a good product, is it foolish to go forward with it if I know others are targeting that product as well?

    My thought is yes, because I don't have to be the best, just a little better than the other guy. But I'd love to hear your thoughts. This forum seems like it has a sense of community that is uplifting and very helpful. Please forgive the noob question. I don't have anyone in the room with me to bounce this off of.

    Thanks!
    First, competition is not a bad thing. It will tell you if something is selling. It's all about how you plan on selling something and the keywords you use.

    Joey
    {{ DiscussionBoard.errors[5322724].message }}
    • Profile picture of the author leeone
      Competition is a good thing. It means that people are spending money on this product. What you have to do is learn how to separate yourself from your competition. This is were you make your money as you are letting people know that you have the best product and people will choose your product over the competition. This is how most people make their money. Think about all the different name brand product out there that are the same thing but position themselves as the better product and they get the customers to buy their product.

      Find a way to make your product different from your competition.
      {{ DiscussionBoard.errors[5322816].message }}
  • Profile picture of the author Chris Cole
    Dustin,

    although the sample articles might have been for your niche, you have to consider if they were going after the exact keywords you are going after. You might also want to look at your Market Samurai competition assessment and ensure the top ten for your keyword are actively going after your exact keywords. Do you feel you can beat them?

    The other thing is, you will never know until you put up the site and start sending your links to it. Some for some reason don't do just as well, whilst others exceed your expectations.

    Best Advice...

    ...Just go for it and build the site out!
    {{ DiscussionBoard.errors[5323316].message }}
  • Profile picture of the author DireStraits
    Remember that SEO is not the be-all and end-all of traffic generation. Diversify. If it's only a component of your overall marketing plan, the SEO competition you face isn't really a problem. And when Google's algorithm changes again - as it does frequently - you don't run the risk of losing the majority of your income with one flick of the hand.

    If feasible for your specific product/niche, build a list. Capture as many of your visitors' email addresses as possible and you then have multiple opportunities to market to them, rather than just the one.
    {{ DiscussionBoard.errors[5323419].message }}
  • Profile picture of the author talfighel
    This is a great way to go Dustin but let me tell you that you should never put all your eggs into ONE basket. You can take the necessary action and earn some money but one day this may not produce you any money.

    That is why I recommend you create multiple streams of internet income.
    {{ DiscussionBoard.errors[5323448].message }}
  • Profile picture of the author ColinT
    The thing to remember is that competition is a good thing, if you don`t have competition you don`t have a market!!!
    {{ DiscussionBoard.errors[5324406].message }}

Trending Topics