What Market For Longterm Informational Product Creation Business ?

11 replies
Ok so i recently posted a question asking whats a better longterm online business Service or a Product (Informational Products) So i am going to go with product creation but am stuck, i don't know what market to get into, if i go into the health niche say "Weight loss", i get my customer to loose the amount of weight he wanted.......Now what, am not going to promote a product on "How to Gain Weight" or "How To Loose even More Weight To Look Like A Stick" you know what i mean, however say i go into Make Money Online, i sell them an eBook saying "Make $500 with this method" so they do "Now i have a product saying "Now lets make $5000" and on and on, as long as i provide value would you say Make Money Online Niche is the way to go ?

I know people will say go with your hobbies but i want to go where the money is, and i am interested in making money, iv been re-searching for about 1-2 years now but would you advise me to first implement my knowledge in a different niche or should i go into the MMO straight away ? Now i know that i haven't made any money online so why would i promote MMO products, but what if my product was on how i used my techniques to get people to buy my product, in this case the product they just bought etc, (You get the idea) and teach them how they can implement it in there market/niche.

I mean i want to get started as soon as possible and i know am not going to make money posting questions on this forum but i dont just randomly want to send traffic to a random offer, i want to have a plan first, thats why am asking

Thanks and am looking forward hearing from you warriors

Thanks.
#business #creation #informational #longterm #market #product
  • Profile picture of the author Joshua Rigley
    Banned
    Generally speaking, it's best to wait until you've actually had some success running an online business of your own before your pursue the MMO niche. I say "generally", because some people got their start in MMO, and did just fine.

    There's money to be had in hobby niches, so you don't have to go after the "big" niches.

    The best advice I can give you is to go after a niche that you have a personal interest in. You'll be doing a lot of writing, so being interested in what you're writing about will help a lot.

    I'll PM you in a second with something else that might help you, hang tight.
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    • Profile picture of the author Jacob Pionke
      Originally Posted by Joshua Rigley View Post

      Generally speaking, it's best to wait until you've actually had some success running an online business of your own before your pursue the MMO niche. I say "generally", because some people got their start in MMO, and did just fine.

      There's money to be had in hobby niches, so you don't have to go after the "big" niches.

      The best advice I can give you is to go after a niche that you have a personal interest in. You'll be doing a lot of writing, so being interested in what you're writing about will help a lot.

      I'll PM you in a second with something else that might help you, hang tight.
      Thanks for the response
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    • Profile picture of the author Malcolm Thomas
      Originally Posted by Joshua Rigley View Post

      Generally speaking, it's best to wait until you've actually had some success running an online business of your own before your pursue the MMO niche. I say "generally", because some people got their start in MMO, and did just fine.

      There's money to be had in hobby niches, so you don't have to go after the "big" niches.

      The best advice I can give you is to go after a niche that you have a personal interest in. You'll be doing a lot of writing, so being interested in what you're writing about will help a lot.

      I'll PM you in a second with something else that might help you, hang tight.
      This. It's always better to get involved inside of a niche that you are personally passionate about because that will allow to be more authentic and make money in the long term.
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      • Profile picture of the author Stuart Walker
        Originally Posted by Malcolm Thomas View Post

        This. It's always better to get involved inside of a niche that you are personally passionate about because that will allow to be more authentic and make money in the long term.
        So true. Unless you really know about a niche it's difficult to provide authentic information that will connect with your audience, otherwise it just ends up being generic info that they can find anywhere on the net and why would anyone want that?
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  • Profile picture of the author JoeDRL
    The big big lesson you got already: Don't go for passion, go for the money!

    That's one HUGE step forward Jac'.

    With "Follow your passions and the money will follow" advice, we got newbies here wanting to sell "How to collect rocks" guides... Not profitable.

    Here is the process I always teach to my clients:

    Answer those 3 first questions and create a list of niches...

    1) What are your hobbies, are you really good at something?
    Being passionated about something makes your products "vibrate", they are not just information, they're experience.

    2) Did you get any results in a market?
    Some niches require results. Would you buy a weight-loss guide from an overweight dude?


    3) Do you know people who excel in a niche?
    Think and Grow Rich is the most influencial success/personal development book of history (in my opinion). Yet, at the time of being written, Napoleon Hill the author wasn't successful himself.

    What he did is he interview the most successful persons of his time. Digested the information, arranged it in an elegant and nice system.

    HE SOLD MILLIONS. Even today you can find a copy of his product in every respectable bookstore.

    You can definitely copy that approach.

    Then, pass all of the niches you got out in the 4th question "filter"

    4) Most important: Are people already buying in this market?
    Follow the demand and the money will follow

    The bottom line is: We can't decide for you, go for it and run! Take action, that's the onlyway to succeed

    -- Joe Langlois

    Be successful, be happy!
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  • Profile picture of the author Bayo
    Some things for you to consider because I've personally created and sold thousands of informational products over the years in many markets successfully, but the premise remains evergreen.

    Put the 'follow your passion' at the bottom of your list because if you've got a passion but no proven demand, then it won't work. If there's money already being made in the area of your passsion, then that's a totally different consideration, but it still doesn't mean you should jump in blindly.

    Some people start by confirming what's already selling by checking reliable hangout spots for similar informational and educational products, places like Amazon, Dummies.com etc. There's also a wealth of valuable intelligence in forums where people seeking solutions ask questions...you are a typical example. Responding to those requests in the form of a product is something worth considering.

    With everything that I'm sharing here, there's a lot more deeper work thatyou need to do, the good news is thanks to the internet, if you're really focused you'll have all the information you need to outline your very first informational or educational product in a day or less.

    Where should your focus be? Make money online or not? That's a tough one and too many options.

    To sum it up, the suggestions given so far get my thumbs up and havinf failed in starting a successful informational and educational business 3 times in a row when I first started I can tell you that you should do your research, select a model that will get you moving in one direction, and then take it from there.

    I always tell my trainees, coaching students and clients that we are working together that the best advice I can give them is to FOCUS ...

    Follow
    One
    Course
    Until
    Successful

    Hope this helps.

    BAYO

    P.S. Didn't spell check so any typos are a gift!
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  • Profile picture of the author henryw1981
    I would go to google and type in something like best online businesses to pursue. This should give you some ideas of what people are buying. Another great source is Amazon. Go to the best sellers category in different categories and that should give you some great ideas. Google trends is also a good resource.
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  • Profile picture of the author Bayo
    Thought I should share something that I've made available since my initial response. I'll get to that in a moment.

    But in terms of long term success, you need to make sure that the following apply, irrespective of the market you decide on.
    1. ACCESS to the people who are your ideal future customers (prospects)
    2. POTENTIAL meaning there's demand and also, potential for back-end sales
    3. PASSION meaning that the market will be able to hold your interest over time.
    I'll probably share more about this at some point but those are some key success factors relevant to your post/question that I thought I should share.

    Now you can get the information I mentioned earlier on how to generate your own 100% unique product ideas here

    Cheers

    BAYO
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    • Profile picture of the author fin
      What makes you think there is no money in hobby niches?

      I once watched a video where someone was making 1M per year in the remote viewing niche.

      I bet the biggest blogs in some strange niches are making well over 10K per month.

      Have you ever considered starting in a niche where you can provide value and help people change their lives?

      I know people in 'big' niches who are really 'popular' and they don't make a livable income.

      I also know people in niches where they can 'offer value' and they are making 'great money.'

      You seem seriously misguided and have a very ignorant attitude when it comes to anything outside the 'big 3.'

      I'd get your head down and start researching niches where you can provide the most value, because how do you know there is no money in them if you've not done your homework?

      Selling a product where you show people how they have just been screwed over is beyond crazy.

      My words were maybe a little harsh, but don't take it too personally because I just wanted to try and get through to you before you waste a lot of time.
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  • Profile picture of the author Stuart Walker
    It's all well and good getting into the big niches like weight loss and MMO but they are so overcrowded and competitive that it's tough particularly for a newbie. Plus you can't just offer general weight loss advice, it's not specific enough. You need to niche down to offer specific advice to a specific type of person, i.e. weight loss for mums who have recently given birth or weight loss for women wanting to lose 10 pounds before getting married. Or if in the make money niche then drill down into something like list building and email marketing. People think by keeping it general they'll attract more people but often the opposite is true and you end up just giving wishy washy information that doesn't really cater to anyone.

    People are saying to avoid going after your hobbies as there's no money in them. This isn't necessarily true. On the surface it seems like for a lot of niches there isn't really much money to be made because they aren't typical buyer markets like weight loss and make money BUT actually there's stuff to be sold in almost every niche but you'd only know it if you were knowledgeable in the niche already or got stuck in and started getting involved...eventually when you're in deep enough opportunities arise.

    Personally I think if you're going to create an info product try and create something that is evergreen and can be sold for years to come otherwise you need to continually be doing new product launches to keep money coming in.

    This is a must read for anyone looking to get into info product selling: http://www.fourhourworkweek.com/blog...bs-mike-geary/
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