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Selecting the next niche

by Cody.J.Hobbs
1 replies
Warriors,

I've been pretty successful in a one particular niche and now I'm thinking about expanding into an additional niche.

Here's the question: Is there any strategy that works how to select the next niche? Should it be related to the first one?

Any success story or strategy that you can share is appreciated.
#niche #selecting
  • Profile picture of the author Adrian Cooper
    Originally Posted by Cody.J.Hobbs View Post

    Warriors,

    I've been pretty successful in a one particular niche and now I'm thinking about expanding into an additional niche.

    Here's the question: Is there any strategy that works how to select the next niche? Should it be related to the first one?

    Any success story or strategy that you can share is appreciated.
    Always remember that you are providing a solution for customers, not necessarily satisfying your own interests.

    Just trawl through CB and select products based upon the usual parameters - gravity etc - and take it from there.

    I would choose a niche that is not that competitive to keep marketing costs and effort down.

    Make sure whatever product you choose has an excellent sales letter.

    Really though - the opportunities are endless.

    If you are making your own product, take a trip to your local magazine store and see what is on the shelves. If there is a niche with multiple mags, and within it are plenty of advertisers paying thousands of dollars per page each month, then that is a niche worth doing. Advertisers never pay thousands per month in ads that do not bring a good return on investment.

    The offline world is an excellent indicator of the online world.
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