What is a good Niche?

A good niche is nothing more than fulfilling the most pressing desire a group of people hold.

For example, take your thought around producing a course about making your own ebook...that's not what people really want.

What do they want when they come looking for information on writing ebooks?

Mainly - how do they write ebooks THAT SELL.

There are tens of thousands out there that have thought about or tried to write ebooks that made them nothing up to a few hundred bucks a month, but what people really want to know is how to write an ebook that will become a top seller.

It sounds like you haven't reached that point yourself, so that is not likely a good direction to head in unless you partner with someone who has.

Back to your original question...the point is that niches for information products are looking for an end result...not the METHOD, but the RESULT.

Another example...

People who seek weight loss ebooks don't want to know how to exercise or even how to lose weight, they want to know how to lose their love handles, firm up their butt or eliminate those "chicken wing" arms.

If you can market your information as credibly helping them reach their desired result, you have successfully targeted your niche.

Jeff

To clarify, are you ditching your course idea completely?

Thanks Jeff, Aaron, and Derek,
Jeff I never really thought of a niche that way, and it makes a lot of sense to think of them as an end result. I somehow knew that, but I wanted to stick with my project anyway. I think I will finish it, but if/when I do, it will be out of following through with what I started and not out of finding a good niche, because I don't think that it is. On a side note, anyone looking for ways to build lists, I am open to ideas.
Thanks

If you are planning on selling this as a WSO, then you perhaps want to have your WSO privately reviewed by the gurus first, otherwise it might be as effective as you expect.

This is just my opinion.

A good niche is one where you can make alot of money. Hope this helps. Im new here but I have read alot.

Well that is a great thought. Videos speak better than text, people on the internet today do not have time to sit and read a 5000 letters page. They might just like to see it on a 10 minute video.

Make sure you have an opt in form to allow people to download your ebook so that you can follow up with them with more offers. Make your ebook simple, easy to understand and good enough so that they can pass it away to their subscribers. You may voluntarily offer Private Label Rights with your ebook so that it travels easily.

A good niche for you would be the one that you understand the most. You should be confident about what you are doing before you can guide others. Another good way to decide a niche is to get keyword suggestions, any keyword with huge search volume but less competition is great.

Hi Carey,

I'm Jamie, John Jonas assistant. Jeff's advice is actually quite good. You should look at the result and not at the method. Look at what the public needs and what they would actually pay for. To make things easier, why don't you look at your own interests. Are you looking to lose weight? Do you have a hobby? Health problems? Are you willing to pay good money to have a solution for that problem. If you're willing to pay, then other people will be willing to pay for it as well.

That's my advice, start with things that are closer to home. You'll be more interested in what you're doing, you'll be more motivated to have a good product, and it'll be easier to sell.

A good niche?

I'd say it's something you really like to do...
that you are really good at....
and that you can make money doing...

This, my friends, is when work no longer becomes work!

As has already been said, a good niche is a subject that you are interested in and can add value to. Then you can monetize from this point, with products, affiliate marketing, adsense, offering your services etc.

Love your subject!

Andy :-)

Finding good niches is the key to making money. If you just jump into blindly without doing research, you probably won't be very successful. A lot of people go for very competitive niches. I prefer to target niches with lower competition to rank on the first page of Google easily.

Whatever you know much about is a "good" niche, as you can easily right about it and its believable to your audience.

Any niche with desperate buyers is a good one. When people have problems, they are far more likely buy a product that can solve their problems. On the other hand, they'll think ten times before buying a product that may prevent that problem from even occuring.

A good niche is where people are willing and able to spend money. Its a good thought that you are including videos in your niche. Videos can convey more information than a text.

High paying niches. Financial/lawyer related. Think of loan consolidation, tax lawyers, mortgages, data recovery tools etc.

Wow thanks for all the replies, everyone! It's not that I'm not confident in my product, I was having a second thought on the subject matter because of the specific choice of a niche. I love doing what I do, just realizing that it may not have been the best choice of a topic. But I gotta go, I have an idea! I'll keep you posted. Thanks everyone

Making your own E-book sounds like a great product that can transcend through any niche. It's relevant to people who have knowledge about weight loss, or health, dating and relationships, etc and who want to make a product of it. Even though it doesn't target a specific niche it may very well target all of them...