3 {{ upvoteCount | shortNum }}
3 {{ upvoteCount | shortNum }}

newbie needs advice on niche research

by billybanknotes
2 replies
I feel like I've got a bit of information overload.....

I have been trying to do some market research on the business to customer relationship niche. I know it sounds unfamiliar but seeing as I can't really find anyone else doing it what would you seasoned warriors recommend? If you were to try out a new product idea how would you go about doing market research? Would you post a youtube video and see if people bite, write a blog about your passion and try to drive traffic to it? what do you think would be the fastest way for me to find out if I've got a possible income generating passion or if its just a pipe dream. I have been on a coaching program and the first step they recommended was to do market research. So here I am consulting the Warriors!
#advice #newbie #niche #research
  • Profile picture of the author WinstonTian
    Originally Posted by billybanknotes View Post

    I feel like I've got a bit of information overload.....

    I have been trying to do some market research on the business to customer relationship niche. I know it sounds unfamiliar but seeing as I can't really find anyone else doing it what would you seasoned warriors recommend? If you were to try out a new product idea how would you go about doing market research? Would you post a youtube video and see if people bite, write a blog about your passion and try to drive traffic to it? what do you think would be the fastest way for me to find out if I've got a possible income generating passion or if its just a pipe dream. I have been on a coaching program and the first step they recommended was to do market research. So here I am consulting the Warriors!
    Frankly, the best way to do market research is a 1 on 1 with
    an ideal prospect. The traditional market research methods.

    But you can do it on the net... Drive PPC to a survey, or look
    at high-traffic sites about the market. Forums, social media,
    aggregators, or just places where your target market will hang
    out. Youtube could be a good place, but the best place to get
    good information are marketplaces.

    No, actually... I'd say the old method still works best. Set a
    prospect up with an interview, and talk to him. You'll learn
    tons of things, and you'll be able to dig in deep.

    It's easy to set up a call with Skype too. You could record it
    and replay it for market research nuggets...

    If you want rough estimates or quantitative data, you could
    look at magazine circulations, e-digests/ebooks, newsletters,
    or even search engines by using their keyword tools.

    Winston Tian
    Signature

    Cheers,
    Winston
    The Beginner's Doctor

    {{ DiscussionBoard.errors[7066893].message }}
    • Profile picture of the author billybanknotes
      Thanks Winston, I think my ideal market is online retailers

      Any quick advice on how to go about interviewing them. By the way thatnks a million for the advice you have already given me!!
      {{ DiscussionBoard.errors[7067324].message }}

Trending Topics