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Thursday, January 8, 2009
How Do I Find a Profitable Niche Market Without Spending Money?

I'm sure your aware of the amazing powerfulness of locating your very ain profitable spread in the market, that elusive and profitable niche market, So how tin you happen a profitable niche marketplace to begin edifice your concern around?.

We cognize that an ideal niche marketplace is one where there is an involvement from a little but sizeable grouping of people 'niche market', this should ideally be a marketplace niche left largely un-served side the masses.

There is a bent to determination profitable niche markets, but it's a bent that can be learnt, you don't necessitate to be something particular to make this, there is a simple procedure that anyone can follow

The fast one to coming up with a successful niche marketplace is to look at the peripheries of a bigger marketplace for unrealized needs. For example, what about a dating mini land site offering a usher aimed solely at dating for single florist's chrysanthemums or what about a usher to purchasing a used auto for woman,

Step 1.

Consider your involvement and expertise, while this is not the unequivocal topographic point to begin your search, it is well known that novitiates or newbie marketer's tin make well relatively quickly when tackling a topic they already cognize about

Step 2.

So by now you should have got at least 1 marketplace (interest, hobby, occupation etc) written down, for easiness we'll name these your chief markets. The adjacent measure I use, is to open up up 'Google keywords tool', its free, just Google it. Now come in your chief marketplaces into the Google keywords tool 1 at a clip bank check the 'use synonyms' box and chink 'get keywords ideas', now take a keyword which have less relevancy to your original keyword, but still do sense. For example, if your chief marketplace was plumbing, you might have got got 'learn bathroom plumbing'.

So now you have your first possible niche marketplace which might be a great topographic point to get or, repetition the procedure using 'learn bathroom plumbing' and see what the keyword tool throws up until you happen a marketplace little adequate to function and obviously large adequate to net income from.

Step 3

Now we'll travel onto researching the competition in your chosen niche marketplace and why some competition can actually be a very good thing, so don't fall into the usual trap which many so called gurus teach, selling to a competition free marketplace is more than often than not a waste material of time,

Think of it this way, if the marketplace is so little and with no competition opportunities are the niche is not profitable, that's not to state that it won't go so, however we desire to do the quickest tax return on our clip and attempt so a completely competition free marketplace is one which should probably be avoided to begin with.

A great free tool you can utilize to research your keywords is 'WordTracker's Free Keyword tool'. Wordtracker draws information from a figure of littler hunt engines, but their figs be given to be reasonably accurate. When researching keywords you should generally be looking for keywords with a count of over 30.

Now you have got your listing of niche related keywords you necessitate to make a small competition research to see how profitable they are, For this measure I utilize a free version of a software system called 'Traffic Travis', come in your keyword listing into Traffic Travis to see how many people are command on those keywords in the PPC market. I'm not advocating that you acquire consecutive into PPC advertising, we make this just to find whether people are willing to pay money to have got an advertisement look for those keywords, and if they are the keywords themselves must be profitable! So there you have got it,

I urge you check up on traffic-travis complete a hebdomad or so just to see if the same websites are constantly command for the same keywords. You see, if indeed the same web land sites are repeatedly command for the same keywords you can be certain this is a profitable country to be in.

Good fortune & happy niche hunting

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