How to Choose a Niche - 3 Power Packed Strategies for Making Sure Your Niche is Profitable

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There are literally thousands of niches online that you have to choose from but what you have to be careful with is that you don`t go into a niche where there are no buyers. This is one of the most popular reasons why a lot of people fail when it comes to online marketing.

Below are 3 powerful and proven tips how to choose a profitable niche.

Check Google for Ads

This seems quite obvious but most people completely overlook it. You simply type your keyword into google and see how many ads appear if any. If the page is full of ads at the top and to the right side then this is a good first sign that it is a profitable niche.

Bottom line is if there are lots of people paying for ads then this is a good first sign that the niche is very profitable.

Use Spy Fu to Check for Advertisers

Spy fu is a great free tool to use to find out exactly how many advertisers there are for a particular keyword in google. Another great sign is how much the average cost per click is for that keyword. Spy Fu gives you this information along with exactly how many advertisers there are currently buying advertisement around the particular keyword.

Using spy fu and the first page of google is a great way to get a good feel if a niche is worth pursuing.

Products Already in the MarketPlace

This is probably one of the best ways to identify if a niche is profitable and that is to see how many other products are out there selling the product or service which you are considering getting into.

Don`t fall into the trap of thinking that if there is no competition then you will make lots of money because that is a recipe for failure. If there are no products within a certain niche already out there then that is probably because there is not much money to be made in that niche.

Bottom line is, competition is great it means there is lots of money to be made you just need a small piece of the pie.

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