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Profitable Undiscovered Niches!

by amujtabaa
18 replies
Hello Warriors,

I was wondering if there was a way to discover unsaturated markets where all the traffic isn't gobbled up by big-time marketers.

I tend to stick to saturated markets because I know there is money there. But I'm unsure when I try to look at other niches because I don't know which ones have buyers and which don't. My only clue is the number of sniper sites on the first page.

Right now I only promote in the IM niche. The only ones that I know can deliver are the IM and Weight Loss niches. Going into new markets is a hit and miss, I am hesitant because I don't want to lose money outsourcing on a keyword/niche that won't deliver.

When I search for new niches in market samurai I often look for "(product name) review" and the keyword is so new that it doesn't have data.

How can I fix this hit and miss situation?
#finding #niches #profitable
  • Profile picture of the author vicone
    If you only do IM and weight loss you are leaving a lot of money on the table. These are among the most competitive niches available. I've found it easier to make 10 times more from a non-IM niche as they aren't nearly as competitive.

    I suggest you get a good keyword research tool such as Micro Niche Finder or Market Samurai and research your ideas, looking for good keywords to use as the basis for a website and to promote.

    There is opportunity all around you if you do this.

    Ivan
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  • Profile picture of the author kbs
    I totally agree w/ Vicone. I've got MNF and I love it. I recently stumbled on to a relatively well known niche but would have never known it's profitablility otherwise. My favorite tool from MNF is the OCI. In my niche's case almost every keyword has a ranking of over 50 in the OCI column and I should be able to rank easily for it. The reason I think that you should target OCI more than anything is that you want to have top quality "buying" visitors to your website. Think of it as the "Big fish in a small pond" theory because most of your keywords might only be searched for 10,000/month but if the OCI is high and MNF indicates you can rank for it you should be able to land on the 1st page.
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    • Profile picture of the author TommyBussey
      I agree with both of the previous Warriors. There is a lot of money to be made in obscure niches. Have you ever thought about going to Amazon and looking through alllll of the niches of products there? You can make a killing as an Amazon Associate by setting up 10 or 20 sites within these sub-niches that have no competition.

      Remember this, if you can create just 1 website that earns $1,000 a month, then there's nothing that can stop you from earning six-figures or more per year online. Why? Because if you did it once, don't you think you can replicate what you did a few times? If you have just 8 sites making $1,000 a month that's just under six-figures per year my friend. And remember $1,000 divided by 30 days = $33.33 per day. That's like one sale haha.

      You can do it!

      Live with passion,

      Tommy
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      • Profile picture of the author steve-wilkins
        Originally Posted by TommyBussey View Post

        I agree with both of the previous Warriors. There is a lot of money to be made in obscure niches. Have you ever thought about going to Amazon and looking through alllll of the niches of products there? You can make a killing as an Amazon Associate by setting up 10 or 20 sites within these sub-niches that have no competition.

        Remember this, if you can create just 1 website that earns $1,000 a month, then there's nothing that can stop you from earning six-figures or more per year online. Why? Because if you did it once, don't you think you can replicate what you did a few times? If you have just 8 sites making $1,000 a month that's just under six-figures per year my friend. And remember $1,000 divided by 30 days = $33.33 per day. That's like one sale haha.

        You can do it!

        Live with passion,

        Tommy
        That's really good advice Tommy. I am just about to start something very similar to this after spending a couple of years in the IM niche.

        Thanks,
        Steve
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  • Profile picture of the author Tomwood
    yes weight loss and IM are massively competitive if you want to go into this niches try a sub niche for example in the weight loss niche you could look at

    weight loss after pregnancy, weight loss for the over 40 or even weight loss for the disabled
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    • Profile picture of the author Bradley J Anderson
      Originally Posted by Tomwood View Post

      yes weight loss and IM are massively competitive if you want to go into this niches try a sub niche for example in the weight loss niche you could look at

      weight loss after pregnancy, weight loss for the over 40 or even weight loss for the disabled
      This is what I do with my blogs. Find the popular big niches (weight loss), then break them down into sub-niches (weight loss after pregnancy, weight loss for the over 40 or even weight loss for the disabled).
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      • Profile picture of the author vicone
        It's good to see this thread has re-surfaced as the contents are still relevant.

        One thought I'd like to add is to consider the sort of market you'd like to operate in. For instance, if you have a keen interest in music, see whether there are potential niches that are concerned with music.

        In the long run, it's a lot more enjoyable when you spend your time working with subjects that interest you.

        It's possible to function and build websites in just about any niche that looks profitable but, if you pay special attention to those that appeal to you - especially a broad market - you have the opportunity to also divide that market into different niches that support one another.

        For instance, if you're a keen golfer, it's easier to maintain an email list on the subject of golf, even though your individual websites may target golf swing, golf balls, golf clubs, golf putting, golf bags, etc.

        As well, when you bring out products of your own, it's easier to develop and promote them if you stay within the same broad market and get support from your current websites, email list and customers.

        Ivan
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  • Profile picture of the author Tomwood
    Here a site I have been to in the past to find niches

    hypnosisdownloads.com

    There are 100's of ideas here
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  • Profile picture of the author TommyBussey
    No problem Steve, thanks for the shout out ;-)

    My company has done a lot of work with local market clients, SEO, web development, email marketing, etc. The biggest key to anything in this IM game is consistency. You gotta stay hungry and take ownership of your business (I'm using "your" in general terms there). You know what I mean? People need to take real ownership...in other words massive initiative leading to effective massive action.

    Anyway, best of luck to you my friend.

    Live with passion,

    Tommy Bussey
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  • Profile picture of the author Loren Woirhaye
    There's tons of money in the competitive niches, but it helps
    to drill down to find angles for your own marketing where you
    can compete.

    This product may help you if you're looking for a comprehensive
    system for finding profitable niches you can realistically make
    money at without an enormous amount of work or big ad spend:

    Niche Super Sleuth - Discover The Hidden Secrets To Quickly Uncover Profitable Niche Markets
    .
    .
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    • Profile picture of the author cgschmidt
      Hi Loren,

      I just read your tip about "Niche Super Sleuth" because I searched in the forum for this ebook. Yesterday I got in my box the mail from the "Wacky Gang" that is the best possibility to have success in the niche market.

      Please would you tell your experiences with this ebook?
      Thanks in advance and greetings from Germany
      cgschmidt
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  • Profile picture of the author Tomwood
    I have got a lot of niche ideas in the past just by listening to my work colleagues and picking up on their problems
    at my last job
    there was a guy with S.A.D. was fanatical about body building
    my boss had psoriasis
    other people had problems with excessive sweating or their weight
    A few were alcoholics or gambling addicts
    Some were into Tattoos or ringtones

    And more
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  • Profile picture of the author JonHascue
    Sometimes a niche idea is staring you in the face, and sometimes you just got to look. Do your research. There are literally tons of untapped markets, you just have to get in there and get a piece of the pie. Just do your homework, and really make it profitable.
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  • Profile picture of the author David Lamb
    It's easy to test a niche cheaply.

    Just write a quick article and submit it to Ezine Articles, Hub Pages or Squidoo. Wait a week and if you're happy with the traffic, pursue the niche. If not, move on.
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    • Profile picture of the author AndrewHansen
      Just as food for thought...

      (And this has been mentioned countless times). Often these "hidden" "untapped" niches are "untapped" for a reason: There's no money to be made there. Every time you enter a niche like this, it's a gamble. It's hit and miss. And if you structure things right, you can do ok with "hit and miss", but not compared to the strategy of "following the money".

      Having been on both sides of this argument, my current feeling is that it's best to instead find untapped corners or segments, or keyword groups in BIG markets - like weight loss or IM. The niche as a whole might be competitive, but it's never THAT competitive. There are always holes for smart newcomers. AND, it's not always the best strategy to shy away from competition either. It might take you a bit longer to see profit, but when the profit is ten times as great... who cares?

      Chris Rempel made a far more eloquent summary of this point in a recent article here:

      Here’s How to Guarantee Failure in 2011…

      Good reading if you haven't already.

      Andrew
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  • Profile picture of the author calfred
    Well amujtabaa,

    For one, the furniture market is untapped.

    Basically most physical products are pretty much open.

    At least they still have more open sub-niches compared to other competitive niches mentioned by the fellow posters here at this thread.
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    • Profile picture of the author myob
      I went to an IM seminar some years ago, and one of the participants brought up the suggestion of going to major bookstores and looking at the topics covered in the "... for Dummies", or "Idiots Guide to ..." book series. The reasoning behind it was these publisher guys have already done all the heavy lifting in marketing research for these niches. It of course brought the house down after hearing the "gurus" give their high talking techie software pitches and demos. I've been doing that ever since for finding hungry and lucrative niche ideas.
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      • Profile picture of the author fitz10
        Originally Posted by myob View Post

        I went to an IM seminar some years ago, and one of the participants brought up the suggestion of going to major bookstores and looking at the topics covered in the "... for Dummies", or "Idiots Guide to ..." book series. The reasoning behind it was these publisher guys have already done all the heavy lifting in marketing research for these niches. It of course brought the house down after hearing the "gurus" give their high talking techie software pitches and demos. I've been doing that ever since for finding hungry and lucrative niche ideas.
        They recommend doing this in the 30 Day Challenge as well. They also suggested looking at magazines. People are willing to pay monthly money to subscribe to magazines, it stands to reason that they are willing to shell out some money for info products or physical books as well.
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