Is The IM Niche Flooded?

I will have to think out of the box if I do go into the Im market. Thats for sure but is it really flooded? There are so many people out there that want to learn to make money...

Since the day I begin my online career (about 3 - 4 years ago) I learned, in fact now I am conditioned to believe that I should stay away from the IM niche. But during these years I have seen several people who started late but have been able to make good money from the IM niche. The IM niche has several stages which can humbly start from trying to build a list through article marketing and Tweeter and end at launching a product of your own and having all the top marketers to promote them.

Yes, you need some special skills to be able to make money from this niche. You should have enough knowledge about SEO, marketing, traffic etc. to be able to offer your expertise. A reasonable list size, ability to create and promote videos, holding webinars are also considered necessary if you want to succeed even at higher stages.

You can listen to others and stay away from the IM niche or ask yourself if you can do it or not. It may not be easy but not impossible to make a career in the IM niche. At the end of the day it's you who have to take the decision. And remember patience is also going to be a key factor.

So, why not give it a try. And you won't get a better platform than Warrior Forum to test you capabilities. You have already 380 posts (which is great) - how many of those do you think or others member found invaluable? I am sure quite you already helped quite a few. Do you have some special knowledge about anything related to marketing, seo, social networking? You are already a hyper-active warrior why not become a War Room member and try and write a post there? Did you know that all posts are reviewed there before they are approved? It's kinda an unofficial WSO. A few good posts there (and also in this forum) could make you some name which is important if you plan to offer a WSO in the future.

There will be several new people testing the IM niche this year and in years to come. Some of them are going to stay. You can be one of them if you want.

In the past I did some network marketing stuff online:
which involved a lot of unpaid coaching... which I
eventually realized was not a business model I
liked (me doing a lot of free coaching to "maybe"
have the coach-ee do something) so I moved on.

I was consistently amazed at how clueless most people
I talked to were about basics on online marketing:
stuff they could figure out by reading and playing
with it... yet fundamentally they would not take even
the most basic of steps without hand-holding.

The need is there. Figuring out ways to get people
to pay you to teach them is the trick. I've watched
seminar tapes of expensive seminars where participants
were being taught how to use FTP and set up a blog -
and probably paying over $100 an hour to learn.

Is the IM niche flooded?

Not if you choose another means of promotion.

I concentrate all of my efforts on a local people looking to earn money. These are the people who do Avon, Kleeneze, Bettaware to earn extra money but who have not discovered the joys of Internet marketing.

All of my advertising is done locally and then I make them dependent on me and create raving fans and loyal customers.

Gary

I didn't quite understand your last bit.

What I meant was that I target the kind of people who try to make extra money and do things like Amway, Avon etc.

They are the people who are willing to invest in their business with time, commitment and money and who, with a bit of guidance can stick at it and do well.

Was that your point?

Gary

This is sooo true!

Don't even bother dude.

The IM niche has to be, for "number of product sellers vs number of people interested in it" among the most crowded markets that exists... outside of... I don't know, maybe network marketing, maybe porn.

Sure there's money to be made because you've got irrationally desperate people wanting an instant solution to their problems, but is it the best for a long term business?

Despite how many sellers there are in IM, how many LAST? How many sellers don't just make money on their couple of launches, but create in IM a sustainable business for years to come... I would argue a tiny percentage. I can think of a number of guru's, heck even experienced warriors, that I learned from when I was getting started, who today, are no where to be found... not in IM anyway.

Besides, all the guru IMers? They all learn from guys who do twice as much money outside the IM niche.

There are so many markets with equally passionate desiring people that are so much easier to market to, so much cheaper to market to, and so much bigger in market size than IM, that to choose it when you clearly have an existing business that's doing well and have other opportunities there...

I dunno...

Andrew

Hey Tim,

Can you explain this one? I feel like there's an important and profound lesson in that which I'm not picking up

Andrew

I am not in the IM niche still but shall enter soon (only in Warrior Forum) - just because I clearly see a lot of people struggling with things that seem to be rather obvious to me. So I clearly see a win-win situation there in which I shall be able to help people with these things as well as keep a nice profit for my own pockets.

So my messagge here is that if you see that you can add value to people who need it, simply go ahead, else it does not make sense. You get paid only when you add value in some manner and people appreciate that you are adding value and are capable of adding further value, and the same holds on the IM niche too.

Vey true mlord... I can only nod my head agreeing with you. I have learnt something here from what you have shared.