Published on March 6, 2014
NICHE SELECTION: HOW TO FIND THE BEST NICHE FOR YOU? by jeng cua
Maybe you are wondering how this niche selection help you out in making money online. How can I start to identify solutions and niches that are worth pursuing? What problems do I see around me that need a better solution?
Niche selection is the basic starting point of starting a business online. How many times have you heard an entrepreneur complain they have “too many opportunities!” or “which industry should I tackle”?
When it comes to niche selection there are certain questions that you need to run and ask yourself: What skills, passion or talents knowledge do you have? What kinds of things do people come to me to get help with? What do people count on me for? What kind of entrepreneurial relationships and resources do I have?
What kinds of things I do for fun? What are the things that make me lose track of time when I do them? How am I spending the majority of my most productive hours? What kinds of experiences have I been through that taught me valuable lessons?
Having Trouble In Niche Selection? You need to understand that people purchase products or services for three basic reasons: To satisfy their basic needs. To solve their problems. To make themselves feel good.
NICHE SELECTION TIPS IN FINDING YOUR SUPER NICHE It is far easier and faster to make money online providing information to people on a topic you already know and love. It’s always going to be more difficult to make money in a niche that you don’t know anything about it.
People who have the most success at making money online are the people that pursue niches that they have an interest or expertise in.
Take an inventory of your knowledge base: 1. List every magazine you’ve ever subscribed to for any length of time. 2. Same for newsletters and various publications that you consistently enjoyed reading. 3. Every job or industry you worked in long enough to become really familiar even if you’ve been out of it for a long time.
4. Every “group” that you’ve been a member of. Examples could be – golf, dress making class, home based business moms, cancer survivors support group, bowling league, pottery making class, fan club, cooking class, stamp or coin collecting, owning rental property, stock investing, chess club, etc.
AFTER YOUR NICHE SELECTION THERE ARE TWO THINGS YOU MUST DO: 1. Create an article or blog post by selecting the topic related to your keyword
You can conduct google keyword research until your eyes bleed, but the truth is that until you have something valuable up and running online, until you start producing content for something, you’re not going to get anywhere to make descent money online. It’s more beneficial to pick something that you could be slightly unsure of than to never taking action
2. Make something awesome and market it Google will eventually figure out what deserves to be where in the search engines. You must make something awesome period! None of these little crap sites that don’t provide any value to anybody – those don’t work anymore. If you want to sell something, you must first provide value and money will follow.
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