How to Find Profitable Niche "Five Commandments" to choosing hot Market to make Money Online




How to Find Profitable Niche "Five Commandments" to choosing hot Market to make Money Online


 

Choosing a profitable niche is one of the things you need to get right, when trying to make money online even offline, choosing a wrong niche will waste your time, money and effort,

that is why you need to get it right. I will show you my sure five method for locating profitable niches every time, each of commandments is a green light that the niche is profitable,

so more green light you get the more profitable that niche is, get it? YES ok

Let dive in:


1.    There must be multiple product in the market:

One of the thing you need to look out for is the number of product in that niche, the more product means there high demand of information or product in market.


There different marketplaces where to check that;


•    www.clickbank.com

•    www.amazon.com

•    www.dummie.com

•    www.jvzoo.com

•    www.warriorplus.com
•    Etc.

Dummies.com, Amazon.com, clickbank.com you can find different products on various markets, Health, Internet Marketing, Relationship etc,  but jvzoo.com, warriorplus.com deals mostly with Internet Marketing products.


Let go over to dummies.com to get more idea


Click on “VISIT THE BOOKSTORE”


Click on any category on the left e.g Fitness


On the right you see various niches 

Workout, Acupressure, keep scrolling down you will see different niche you can target,

... one thing I ...

like about dummies.com is that most of the market there are profitable, dummies.com will not spend money to publish a book that there is not market for it,

simple as that. Pick the one that you are passionate about or at least you have interest it.

But if you are into IM market like me,

... to research for product ideas go over to www.jvzoo.com, www.clickbank.com,

www.warriorplus.com, you find a lot of best selling product in the IM market, you can even see the quantity sold, gravity that will help you to know how hot the market is,


Let go over to www.jvzoo.com for research




 Log into your account, if you don’t have create one it’s free





Click on Marketplace

Click on Top Seller


You can see...

these are top selling product for today, check for yesterday, Past 7 Days, and even Past 30 days, most of the top selling products for today are software, ...

... but we are only focusing on info product, so here we can see speed blogging, so you can create blogging information product, or a niche site,

they want to know how to blog.  Go to other affiliate network and check their top selling product as well, but for clickbank you search through gravity, anything from above 30 is OK.


2.    There must be competition

I know you must have heard people saying competition is bad,

Wait ...

let me tell you competition is not as bad as people painted it to be, it actually tells us there is money to be made, take for an example “how to lose weight”

... there is huge competition, of course you know there millions of people searching on google for that keyword every month. But if there is not competition and there ...

is not reasonable amount of search phrases it means is not profitable and we do not want to waste our time creating something people are not interested in, how do I search for completion right?

Let go to google ...

Type your keyword in search engine and press search
 







As you can see ...

from the picture above there are 130,000,000 competitions on that keyword alone

... “how to lose weight” that means that market is huge and it tells me there are lot of people looking for information on “how to lose weight” ...

... instead going market where there is just less than a thousand competition with low search volume. That is one of the important commandment you need to follow when you are trying to find a profitable niche to blog on, or to create a product o etc.


3    There must be multiple problems in the market

Please don’t neglect this commandment, this is very important.

A lot bloggers have neglected this and end up creating blog that there is almost nothing to write about and not motivation for people to read any information,

... the more there is problem in a niche, the more people are interested to consume information and also buy stuff to solve their problems, and it also means there are a lot of problem we are going be

...solving with a lot of blog post that they are going to be interested in.

The way to know this is to go platforms where they mostly complain about their problem e.g.

•    Forums,

•    Question and answer site.


Let check it out 

 Search on google.com for your niche + forum e.g. “how to swim faster forum”




Click on result, to check all problems they are facing




This is what I found just on one forum

•    I swim dam slow
•    I need to develop fast swim techniques


Create a list of all these problems from different forums and create a post on it, this is how to keep different kind of visitors coming to your blog.


4  The market must be evergreen

If you are looking to build blog or business  that will last for a long time ...

this one is important, we don’t want to build blog that will be gone too soon, due to the interest in that topic has declined.

There are some markets that are there for like ever; these are thing we human cannot do without e.g. Health, relationship. Take for example health niche;

as a human, sometime we can have health issues even though nobody is praying for that, we always want to look good, lose weight, want to have six packs and lot more, these kinds of niches are

... evergreen, as long as we live people  will want all those stuff.

Example:

•    Health

•    Relationship

•    Internet Marketing


5.   There must be quick and consistent sales

Another salient point is consistent sales,

we have to know if people are actually buying product from that niche. We are here to make money, so if there not sales then that niche is not profitable.

There are different stats that we can use to our advantage to judge if products in that market are actually selling.

Most of popular affiliate sites offer stat that we can use e.g.

•    www.Clickbank.com            (Check for gravity, anything above 30)

•    www.amazon.com                (Check for Reviews, anything  50 and  above )

•    www.jvzoo.com                    (Check for Product sold anything from 30)

•    www.warriorplus.com          (Check for Product sold anything from 30)

1 Comments

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