The Make Money Online Niche is SOOOOO Last Year ;-)

by JayXtreme 38 replies
Heya..

A Message to ANYONE just getting started with internet marketing and thinking about selling in the "make money online" niche...

Forgetaboutit....

Although I always think you should follow a plan that fits for you, I am not trying to tell you how to run your business...

But there are niche's, beyond niches, within other niches that don't involve one iota of the crap that can sometimes crop up in this ere MMO niche...

I am prompted to post this today, because I was overjoyed at the conversions and profits on a recent broadcast to a measly 4,443 person list in the gaming industry..

4,443 is a small list, yet the conversions were killer and not one flippin complaint, refund, question, assistance call.. nothing..

Just a major hot run of sales.. on a product that really helped them and appealed to their core interest in the niche...

I'm not saying everyone does think it, but don't think that IM is about making money selling make money products...

Internet marketing is selling products on the internet, ANY products.. digital physical...it matters not...... go sell them horses..

Peace

Jay
#main internet marketing discussion forum #make #money #niche #online #soo #year
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  • Profile picture of the author Steven Wagenheim
    Jay, there are niches out there that I do affiliate marketing for that I never
    hear from the customers and almost never see a refund.

    Yeah, there is a whole world out there that is a lot easier than MMO.
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  • Profile picture of the author Gary McCaffrey
    I have a big launch coming up in my main niche that I know will be very well received. I've been getting so involved in niche projects that I've almost abandoned the MMO crowd.

    Thats a mistake though, I'm preparing some updates/info for my MMO lists tomorrow.
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    • Profile picture of the author Brad Spencer
      MMO is the biggest niche.

      No doubt other niches aren't served enough and you'll get major conversions. But let's not forget the bread and butter niche.

      I love the MMO niche. It's easy to gauge the market due to the amount of participants. You don't have to reinvent the wheel in order to make it better. Small incremental gains are what move industries forward.

      Just my opinion though,

      Brad Spencer
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      • Profile picture of the author JayXtreme
        Originally Posted by Brad Spencer View Post

        MMO is the biggest niche.

        No doubt other niches aren't served enough and you'll get major conversions. But let's not forget the bread and butter niche.

        I love the MMO niche. It's easy to gauge the market due to the amount of participants. You don't have to reinvent the wheel in order to make it better. Small incremental gains are what move industries forward.

        Just my opinion though,

        Brad Spencer
        I'm not forgetting it Brad... I am deep into it... but it is in NOW WAY the biggest niche... seriously... there are much bigger out there..

        Peace

        Jay
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      • Profile picture of the author NetWealth
        I believe that all niches are relevent to making money online, that is what it is all about, whether it be selling an e.book for a few dollars to a comlete training package for big bucks.

        This MMO niche will always be around like asher said, it may just take on a new name. Everyone want to earm money even in these times of hardship around people, they ever more want to earn a few more pounds/dollars.

        Just my Thoughts
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      • Profile picture of the author datingloot.com
        Originally Posted by Brad Spencer View Post

        MMO is the biggest niche.
        No it's not. Do you have data to back up this statement? Are u telling us for example that weight loss or dating or payday loans are smaller than MMO?
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  • Profile picture of the author jem
    Originally Posted by JayXtreme View Post


    Forgetaboutit....

    Jay
    I think you're spot on with your comments Jay, makes sense to get your feet wet in other niches and prove you can make money yourself before tackling the IM niche.
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  • Profile picture of the author CJKLewis
    Just out of curiosity Jay, what area of the gaming industry is it? I'm currently promoting game and media download products with great success

    Chris
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  • Profile picture of the author keithakin
    I am a new guy. And I absolutely LOVE THIS POST!

    I have been overwhelmed with all the guru stuff online. I really did think that internet marketing was about selling "making money online" products.

    You just opened up my eyes and I appreciate this greatly ; )
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  • Profile picture of the author sevenish
    Originally Posted by JayXtreme View Post


    Internet marketing is selling products on the internet, ANY products.. digital physical...it matters not......
    This is news? Sorry, but I've never promoted a make money online product and I'm doing fine.

    How is this news?

    These IM Launch frenzies discussed ad infinitum here tend to just throw others (perhaps even you) off the scent. Niches are where it's at for me, IMO.

    News? hardly.

    Edit: The fact that newcomers see nothing but MMO offers with immediate affiliate promotions (to make money now!) for those same products -- that claim to make them a decent income in and of themselves -- was my first clue. I didn't need a second clue.

    Note:edited a few times. sorry.
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    • Profile picture of the author JayXtreme
      Originally Posted by sevenish View Post

      This is news? Sorry, but I've never promoted a make money online product and I'm doing fine.

      How is this news?

      These IM Launch frenzies discussed ad infinitum here tend to just throw others (perhaps even you) off the scent. Niches are where it's at for me, IMO.

      News? hardly.

      Edit: The fact that newcomers see nothing but MMO offers with immediate affiliate promotions (to make money now!) for those same products -- that claim to make them a decent income in and of themselves -- was my first clue. I didn't need a second clue.

      Note:edited a few times. sorry.
      At what point did I say it was news????????

      I addressed it to anyone who is just getting into internet marketing and thinks it is only about selling make money online products...

      launches are to throw others off of what scent?.... take your paranoia outside dude... there is no scent to be thrown off... but some people new to the industry might not be able to see the bigger picture so I thought I would help a l'il

      Peace

      Jay
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      Bare Murkage.........

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      • Profile picture of the author sevenish
        Originally Posted by JayXtreme View Post

        At what point did I say it was news????????

        I addressed it to anyone who is just getting into internet marketing and thinks it is only about selling make money online products...

        launches are to throw others off of what scent?.... take your paranoia outside dude... there is no scent to be thrown off... but some people new to the industry might not be able to see the bigger picture so I thought I would help a l'il

        Peace

        Jay
        Please accept my apology. Your subject title suggested to me that MMO might be a focus for your audience. Many of us, myself included, have never bothered with--or broached-- that niche.

        I'm a marketer, but not a make-money marketer ... if that makes sense.
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      • Profile picture of the author sevenish
        Originally Posted by JayXtreme View Post

        At what point did I say it was news????????
        IMO it was suggested in your subject line.
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  • Profile picture of the author Ron Douglas
    I agree with you that other niches is where it's at. I just dabble a bit in IM because it's fun for me but it's no where close to being my main thing.

    We just discussed this topic in a thread not too long ago - http://www.warriorforum.com/main-int...-im-niche.html
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  • Profile picture of the author SimonRiver
    There are definitely tons of ways to make money whether it be affiliates, adsense, or CPAs. You've hit the nail on the head.
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    • Profile picture of the author Takuya Hikichi
      NICE POST JAY!

      I have two ebooks (2 different hobby niches) coming up next month with plenty of searches with zero currentAdwords ads. I am just going to use Adwords, hopefully at 0.05 cents or less a click and price those books at $20 each. My goal is to sell 20 books each monthly, rinse and repeat.
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    • Profile picture of the author Paxton
      I get the bulk of my sales (over 1600 in August) from physical products, mainly related to things people get passionate about, and people get passionate about a whole load of stuff.

      Have a look at your own buying patterns which will pretty much follow your visitors' buying patterns:

      Necessities
      Groceries, food, toilet paper, transportation, gas

      Luxuries
      The most expensive foods, the softest toilet paper in the world, luxury transportation

      Impulse Buys
      Something we like the look of, sound of

      Passion buys
      Hobbies, perception

      Self improvement buys
      Looks, more money

      Not an exhaustive list by any means, but by analyzing your own buying patterns you can find some pretty good niches to get involved in and see surprisingly high sales from the most obscure products.

      Make money products is just one of the things people buy online. Keep in mind though that it's people who will be buying your products - market to peoples needs/wants/desires by all means but always keep in mind the passions.
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  • Profile picture of the author Rich Muir
    I think most assume that it is that way with internet marketing as it is the obvious path and probably the path that attracted most of us to begin with.

    Love the saying go for the niche that is an inch wide but a mile deep!

    Rich
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  • Profile picture of the author John Hillage
    I kind of agree. But for me I make some good money in non-IM niches and it makes sense to run a few WSO's if nothing else; teaching some of this stuff to people. As I make some profits and can pass on my findings to others too.
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    • Profile picture of the author JayXtreme
      Originally Posted by John Hillage View Post

      I kind of agree. But for me I make some good money in non-IM niches and it makes sense to run a few WSO's if nothing else; teaching some of this stuff to people. As I make some profits and can pass on my findings to others too.
      Hey John... don't get me wrong dude... I'm not saying their is nothing in the IM niche.. i'm there myself

      I just wanted to outline how beneficial all niches can be and not just MMO

      Peace

      Jay
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      • Profile picture of the author Mary Gallivan
        Hi Jay

        I was getting a bit worried then, when you said ' go sell them horses'.

        I heard someone say recently that when we start selling our horses it's a good indicator that the country is going into recession!

        Is there something else we should know? :-)

        Best wishes

        Mary
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  • Profile picture of the author Glen Kirkham
    Jay...

    Great post mate...Really, when you look at it in black and white, laid out bare on the table in front of you, this system is really very easy to conjure and implement and it amazes me everyday...

    I love the whole 'if you put £1 into a slot machine and it gave you £5 in return... How many shiny nuggets can you throw into that machine ?!
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    • Profile picture of the author jamesdj1
      Many years ago I met a guy in a coaching club we were both in.

      At the time I was having some decent success using a piece of software that had come out to get better rankings and after giving him some guidance he wanted to talk by phone.

      During our conversation I discovered this guy, who was trying to make money in the MMO and selling others reprint rights, was not only passionate about real estate but he had made some serious money.

      I made it very clear to him he simply had to create his "own" info products and use the marketing info in the products he had the rights to for marketing HIS product.

      He'd spent thousands of dollars, had all the marketing info, but till then never considered doing anything but MMO.

      We've lost touch but last time I heard he was doing over 1 million a year moving his own high priced info products and coaching program online.

      One thing that gets my goat is the old saying "do what you love and the money will follow" THAT'S TOTAL B.S.

      Make sure there's a market wanting and willing to spend on what you love and your chances of making some dinero are much better.
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  • Profile picture of the author webwise66
    Yes Jay..
    I basically agree with your thrashing of the MMO market. Everybody seems to focus in on those words. Sure, we all want to earn a dollar or 2+ on that thing called the internet, but there has to be other ways to put it and much smarter niches to do it in.
    Problem is right now a hell of a lot of people are hurting in the hip pocket!!
    cheers
    George B
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  • Profile picture of the author websitemoneynow
    One of my niches is the whole make money online thing , I try to post as much as I can and bring something different to the table , plus its great for affiliate commissions that are reoccuring. I wouldnt suggest people enter this niche though , I was moreless dragged into it through helping people online
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    • Profile picture of the author Kenneth Smith
      As a newbie to this whole thing I appreciate your comments, based no doubt on a lot of experience. I look forward to the time when I, too, can give back to the community.

      Kenneth
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  • Profile picture of the author mmurtha
    Originally Posted by JayXtreme View Post

    I'm not saying everyone does think it, but don't think that IM is about making money selling make money products...

    Internet marketing is selling products on the internet, ANY products.. digital physical...it matters not...... go sell them horses..

    Peace

    Jay
    Hey Jay,

    Well said!

    I think many people do think that IM is about making money, when it really is more broad then that. Much more broad.

    Btw, great work, and congrats!


    Mary
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  • Profile picture of the author Li Weng
    You have a good point. Thanks for sharing that.
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  • Profile picture of the author JayXtreme
    Originally Posted by p1a1u1l1 View Post

    I agree with you jay,

    I took a long time to learn this, but the MMO niche isn't the be all and
    end all of marketing online. Around 6 months back Shawn Casey said pretty
    much the same as you, I intend to focus my effort in smaller niches for now.

    There are really only two ways I intend to go from here.

    1. Marketing the tools everyone needs to MMO and make there life easier.

    2. The smaller niches outside IM, ready to be dominated

    -paul
    Great plan Paul...

    I make some decent money in the MMO niche.. but I make MUCH better cash outside...

    Peace

    Jay
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    Bare Murkage.........

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  • Profile picture of the author rosetrees
    I got into internet marketing because I had a product to sell, not the other way around.

    I think people who decide out of thin air that they "want to make money online" and then post asking "what should I do" are missing the point. To me that's like saying "I want to make money offline, what should I do?" What are your skills, abilities, experience, qualifications? What do you like? What are you good at? What hours do you want to work? ............. There are almost as many ways to earn money online as there are offline.

    I think it's kind of sad how many people fall into the trap of thinking they can somehow "make money online" without even knowing what that means. You need to do lots of research (just like an offline job), maybe dabble a bit to see what you like/can do (just like an offline job).

    For newbies selling MMO products is tantamount to pyramid marketing (I know that's a controversial statement, so i'll stand back and wait to be shot at). They have no true knowledge to sell, they are just trying to sell someone else a place on a pyramid. Ultimately this can't be sustainable and discredits those selling genuine and useful products.
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  • Profile picture of the author Asher
    Hi Jay,

    The make money online niche is definitely last year.
    But it's also going to be this year and the next year

    It probably won't ever disappear - someone might
    just have to come up with a new phrase for it =D

    Asher
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  • Profile picture of the author lexilexi
    MMO is a massive niche, true, but even that can become saturated.
    There will always be money in it, but like a bug population, it can only grow for so long before there's a ceiling... and a die-off.
    And like die-offs in animal populations, this strengthens the gene pool...

    I agree with NetWealth... The MMO niche will always be big because anyone selling any product or service online can benefit from its techniques and methods. There will always be fresh input as entrepreneurs in all other niches start their first web sites and launch their first PPC campaigns etc.
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    • Profile picture of the author JayXtreme
      Originally Posted by JJ Manning View Post

      Jay this is so true....

      Our IM income is nothing compared to our niche income. However, I love IM, learning, teaching and talking about it with others

      We will need to get on skype soon and have a catch up...

      Cheers
      I'm glad you saw it as I intended JJ... I LOVE the IM niche... it's so exciting for me....

      But niche marketing is my passion too... other niches have so much to offer...

      You rock dude... and yes we do need to catch up.. Skype soon

      Peace

      Jay
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      Bare Murkage.........

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      • Profile picture of the author Nick Brighton
        Originally Posted by Brad Spencer View Post

        MMO is the biggest niche.
        Lol. Not in my book ;-)

        Originally Posted by rosetrees View Post

        I got into internet marketing because I had a product to sell, not the other way around.

        I think people who decide out of thin air that they "want to make money online" and then post asking "what should I do" are missing the point. To me that's like saying "I want to make money offline, what should I do?" What are your skills, abilities, experience, qualifications? What do you like? What are you good at? What hours do you want to work? ............. There are almost as many ways to earn money online as there are offline.

        I think it's kind of sad how many people fall into the trap of thinking they can somehow "make money online" without even knowing what that means. You need to do lots of research (just like an offline job), maybe dabble a bit to see what you like/can do (just like an offline job).

        For newbies selling MMO products is tantamount to pyramid marketing (I know that's a controversial statement, so i'll stand back and wait to be shot at). They have no true knowledge to sell, they are just trying to sell someone else a place on a pyramid. Ultimately this can't be sustainable and discredits those selling genuine and useful products.
        Quality response. Hats off to you!
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  • Profile picture of the author Phil Jones
    Seems to me that there are good parts and bad parts of the IM niche. I love hearing from customers, getting success stories and teaching IM stuff however there are some big negatives. I hate people who just ask for refunds within 2 minutes of buying the product, those that are negative and don't take action.

    If the IM niche was my main niche I would be a very stressed person. But I love working in the IM niche as a side project.
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  • Profile picture of the author Warrior Markets
    I agree with Rose to an extent. Sometimes, the MMO niche seems to be just a pyramid scheme: sell products to make money; products which teach others how to make money. And you're left wondering what exactly is being sold here. What (of any value) is it that is being sold here?

    The truth is there are few 'good products' out there; or rather, good products which most newbies are exposed to. Most go down the Clickbank affiliate route; but the product - is that of any real value to the buyer? Most people lose sight of that fact.

    -WM
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  • Profile picture of the author datingloot.com
    Great post. Yet the "make money" niche will never die either. The greed/dreams/etc will always drive people to buy products in this niche.
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  • Profile picture of the author Chris_Willow
    Good news!
    I'm creating a gaming related project right now, it should be cool..

    Chris
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