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Tuesday, May 20, 2008

Niche Marketing - Tips to Help You Find a Profitable Niche Market

There is lots of material online that talks about the pros of niche marketing and also on how to find a profitable niche online. Hunting down small online niches could prove to be profitable especially to small businesses. While this is true, many still overlook the need to expand their search to uncover new unexplored market niches.

Anyone who has done some form of niche marketing would immediately know that keyword research is crucial for any success. Overture, GoodKeywords and WordTracker are some useful free tools people often use. Some have tried using Google to search and verify the amount of keyword competition for targeted keywords. Many have the impression that once this is done and the niche found, they can quickly build their site around them and income will start pouring in.

Sad to say, that is not the end of your work. To really break into profitable niches, you have to research deeper. Fortunately, there are tools to assist you. If you have never come across or have the slightest inkling about using them, you are missing out big time on potential gold niches. Here is a list of 3 ways to expand your search:

1. Make sure of online auctions like eBay to get an idea of the hot sellers. You would also discover popular categories and from observations gather what are the possible sub-niches you could get into. From the bid prices, volume of sales and other market data from eBay, you would be able to study the market and find hot sellers. Do not miss out the auctions when you do niche marketing.

2. Other websites such as social networking sites like Groups Google and Meet Up are fantastic places also to find out what are your prospects' interests. Even in forums, read what people are writing about and see what the categories that get the most attention are. This can really reveal a lot about niches you may have missed out previously.

3. Once you have a rough idea of a probable general niche, you would need to narrow your search. Read online news on the subject and see what are the news that get the most views. Go through websites on the subject such as article directories like EzineArticles to get an idea of what topic is getting the most reads.

As a rule of thumb, as long as a website enjoys high traffic and discusses a wide range of topics are excellent places where you can use as a powerful niche marketing resource. Other than traditional keyword research tools, exercise some creativity and be adventurous in looking around for more market research grounds. Coming up with new methods of researching can take you to new undiscovered niches that other niche marketing experts may have overlooked.

Take a look at a powerful tool mentioned in my income blog that can be used to build income pumping websites based on these topics discovered from your niche marketing research.

Steal a peak at Niche Empire Generator today! Read this for more niche marketing secrets.

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