How to locate a Niche Market Worth Making a Product For
Welcome to Time 1 of my multi-week course on creating as well as selling your very own product on the internet. I’ve talked a lot regarding affiliate marketing, how to get started, and why I love it.
There are a significant number of affiliate marketers who make sufficient to live on in the five and 6 figure earnings range. Still, it’s the internet marketers who take that stage into product creation that are the ones who are breaking into the 7 figure income degree and beyond.
Let’s not get ahead of ourselves, although. Today I’m going to talk about the first step: how to find a niche market to produce a product.
The other thing to mention about this series is that it coincides with my product launch, which I will talk about and refer to because the series goes along. The item is an informational eBook on songwriting titled “How to Write a Song — The ‘No BS’ Songwriter’s Bible.”
I selected songwriting as my specialized niche because it’s one of my passions and something I delight myself in being able to accomplish and do well at. As a former doing it for ten years at this point and have achieved some slight success as a musician, thus I channeled all of that experience straight into this eBook.
Note that when my product is an info product, most of what I am going to teach in this series could be applied to any other form of the product, whether it’s an info product, some kind of software, or possibly a physical product.
Now let’s take that critical first step by talking about finding a sub-market for which to create a product.
Suggestion Product Ideas
Just like you can undoubtedly make money recommend you start in affiliate internet marketing; I recommend that you focus on marketers which whom you’re familiar.
Anyone likely has something you might have either received specialized education in or have a strong passion for. I had fashioned the idea for songwriting since it’s something I can accomplish and do well and believed confident that I could make a great deal of information.
Take what you love, then identify the most critical hurdle people have with it. In many cases, such as in my case, the condition will be learning whatever your subject is to begin with. Using songwriting, the problem is that people are clueless about how to get started; they try to undertake it but don’t like the quality of precisely what they’re writing, or maybe they just have writer’s block. These are all attributes I cover and resolve in my eBook; I published it as the authority manual on songwriting (without the actual BS or covering points people already know or might figure out for themselves through typical sense).
Identifying Market Need
The quickest way to determine demand is to do non-e other than some good old-fashioned keyword research.
Now you will need to do as I say and not when I do here because I did not do any research in advance. I was just eager to set up a songwriting book and didn’t check to ensure there was a market for it.
Fortunately, I have done some critical word research, and there are a handful of conditions getting decent levels of visitors each day, so I’ll be succeeding if I can secure all those search engine positions (fortunately, We have a background in internet marketing).
Don’t be too confused if, when using Market Samurai, you find many competing webpages using the keywords you’re looking for in their title and other locations. Many webmasters in these little niche markets don’t know the first thing about SEO and will not be too difficult to overtake; therefore, unless you’re dealing in web marketing or making money in online niche categories, you have a decent chance of ranking.
Knowing how to find a sub-market can pay off in spades. Take Earth4Energy, for example. It is an informational product that was first released about five years ago. ?t had been once limited to a guide but has since transformed and expanded to incorporate informational videos.
Still, it is an informational product nonetheless, which often costs about $50 and educates you to method build your solar cells along with windmills from the comfort of your property and on a budget of roughly $100-$200 using household materials every day.
Solar cells and windmills are very effective at making renewable clean electricity for you to power your home and counter the cost of your electricity invoice, potentially saving you a lot of dollars each year.
The catch (which the Earth4Energy sales page can remind you of) is to have these tools professionally designed and installed would hit you up for several thousand dollars, and the good thing about being able to do it yourself very quickly on a budget is very appealing.
Couple that with the ongoing “current event” that our state has been more and more green energy cognizant and obsessed in recent years; naturally, this informational product available like hotcakes and even possessed a healthy number of imitators as well as spin-offs in several weeks following its launch as well as success.
It’s still among the affiliate network ClickBank’s all-time best-selling products and still creates much money today. I promoted this product regarding its first coming out and made several sales with it. The product regularly had a gravity nicely into the hundreds. If a person checks out my post about what Clickbank gravity is, you will recognize that this intended that hundreds and just into thousands of affiliates were earning money selling this product.
This simply shows you how rewarding informational products can be and just how well they sell if you could identify the right niche and have the right marketing strategy.
Of course, a few whole lots of fizzled away informational products. Simply take a look at the ClickBank marketplace, and you’ll see dozens, as well as hundreds of e-books and other electronic products which haven’t created any sales either since the niche, had little desire, or the products sales page ended up being unattractive, and not very compelling along with persuasive.
