I hope you're doing well!
I have been running a growing niche business in a smaller market that has little competition.
The business has been going well but I can't help but look at some of the numbers that my other friends in the IM niche are doing. They have similar models to mine (continuity, products, upsells, autoresponders and product launches) but they seem to be making waaayyyy more revenue and profits in the IM niche.
So I have been considering starting a business in the IM niche teaching people how to start their own internet businesses.
However I keep having two thoughts run through my head:
1) The IM niche is flooded. PPC traffic is super expensive and SEO is highly competitive.
2) There seems to be thousands of IM businesses teaching the basics of internet marketing and internet business. What I want to do is already available in lots of different places.
Is the IM niche too flooded?
What are your thoughts?