Looking for a digital product business advice

8 replies
Hey Warriors, I'm just starting in IM and online business and looking for your advice. I'm interested in launching a website with blog, mailing list and paid digital products that I would create (planners, ebooks or courses). I've read a lot of articles about niche research, but I still cannot seem to find one, especially for creating profitable e-learning course.

I'm interested in language learning/teaching, drawing portraits, but I also know a little bit about programming in python and I'm currently learning about forex trading. I also have a degree in accounting.

I would like to help people by creating my products, but I'm afraid that I will choose something that nobody needs, or the maket that is too saturated and competitive for a beginner like me.

Do you have any advice? What to focus on? How to identify the market demand in my areas of interest or should I give them up because they're too competitive?
#advice #business #digital #product
Avatar of Unregistered
  • Profile picture of the author Kay King
    That is about a dozen or more questions about a wide range of online businesses or ideas. You've cast too wide a net - need to learn as you go and narrow it down.

    Use the forum search function here (advanced search) and look up the keywords

    niche research

    as a 'thread title'


    There are excellent threads on this forum about choosing hiches - business plans - how to get started. When you have narrowed your goal into a plan of sorts - asked detailed questions as you have them.
    Signature
    Saving one dog will not change the world - but the world changes forever for that one dog
    ***
    Sometimes I just want someone to hug me and say...
    "It's going to be OK - here's a horse and two million dollars."
    {{ DiscussionBoard.errors[11577343].message }}
    • Profile picture of the author cheese1688
      Originally Posted by Kay King View Post

      That is about a dozen or more questions about a wide range of online businesses or ideas. You've cast too wide a net - need to learn as you go and narrow it down.

      Use the forum search function here (advanced search) and look up the keywords

      niche research

      as a 'thread title'


      There are excellent threads on this forum about choosing hiches - business plans - how to get started. When you have narrowed your goal into a plan of sorts - asked detailed questions as you have them.
      I literally just did this and found articles that'd help me with my journey! Thanks so much!
      {{ DiscussionBoard.errors[11577441].message }}
  • Profile picture of the author Allexxa
    Thank you for these search ideas, I will definitely check them out!
    {{ DiscussionBoard.errors[11577348].message }}
  • Profile picture of the author savidge4
    You wont find this advice in search... but F "Finding a Niche" Focus on the Niche of YOU.
    You are wanting to start a blog.. just start documenting YOU your learning forex and happen to have an accounting degree ( a super bonus ) start writing about that.

    Have an interest in learning and teaching languages write about that

    Drawing, Python, and whatever else....

    As long as your blog is structured in a way that keeps the different topics organized I personally don't have an issue with sharing YOU.

    Picking one would become boring - and boring leads to failure. I run 8 business's right now and have 60 website I write content for. oh I know, I should only be focusing on 1 at a time... but that's NOT reality... we are human, we are multi faceted, and trying to box in just sucks - and it turns into feeling like work - and that blows even more.

    Share YOU.. share the journey. do what makes you happy, and you simply cant go wrong.
    Signature
    Success is an ACT not an idea
    {{ DiscussionBoard.errors[11577367].message }}
    • Profile picture of the author Allexxa
      Thank you very much, that's very encouraging and inspiring!
      {{ DiscussionBoard.errors[11579048].message }}
  • Profile picture of the author IGotMine
    I suggest you try affiliate marketing before creating your own products. Promoting as an affiliate will teach you a lot about what people want and what will sell.
    {{ DiscussionBoard.errors[11579112].message }}
    • Profile picture of the author Simon Aryan
      Originally Posted by IGotMine View Post

      I suggest you try affiliate marketing before creating your own products. Promoting as an affiliate will teach you a lot about what people want and what will sell.
      Affiliate marketing gave me a lot of experience, I created the first 3 products in a niche market.
      And I earn $ 50 in the 3rd product with only 3 sales.
      Find a small market and the needs of everyone, help them solve it with a product. That's the way I'm doing it. : D
      {{ DiscussionBoard.errors[11582278].message }}
  • Profile picture of the author DanielHornaeus
    If there's demand there's money to be made.

    Focus on what you can contribute to the market and keep sharpening your skills every day.

    And don't give up because you don't see results fast.

    The more skilled you get, the more you'll earn.

    Good luck!
    {{ DiscussionBoard.errors[11582180].message }}
Avatar of Unregistered

Trending Topics