This battle will probably go on until the Internet itself burns out like a super nova. What's more important when it comes to picking a niche? Is it the amount of demand for that niche or is it how much competition you're up against? This post is going to try to answer this as objectively as possible. I have no doubt that you will find this fascinating reading.
Let's take a hypothetical example. Let's say that you had a product that could make people fly just by popping a pill. Now, let's suppose that the demand for this product really wasn't that great at all. I mean, how many people would REALLY want to be able to fly on their own? Okay, so demand is very low. However, if you were to go to the Internet to see how many competing sites there were, you'd find that there were absolutely none for the keyword phrase "pill that allows you to fly". With no competition, how many sales do you think you would make? You'd make a sale to everybody who wanted to be able to fly by taking a pill.
Okay, the above example is totally ludicrous but I think you get the point. If the competition is low enough, even if the demand isn't that great, by having a corner on the market, or close to it, you can make quite a few sales. That's why many marketers go after what they call, long tail keywords. These are phrases that don't get many searches each month but have so little competition in the SERPs that the sales are sufficient enough to make going after those phrases worth while.
Having said that, what if you were going after a keyword phrase that had one million competing sites or more? Well, if that keyword phrase got 300,000 searches a month, there is no question that the market is there. The question is, can you take advantage of it? While this may not be as easy as cashing in on the niche with no competition, it can be done. With a little work on SEO, some intense article marketing and even some PPC promotion, you CAN get your piece of the pie. See, with a market that big, no one person can possibly dominate it. Even Google only has a 50% market share as far as people who use their search engine.
So the answer I'm going to give you is this. Depending on how much demand and how little competition, either can be the indicator you want to go off of. Little demand but low competition, go for it. High competition but amazing demand, go for it.
Either way, you really can't lose.
To YOUR Success,
Saturday, August 1, 2009
What's More Important...Demand Or Competition?
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Posted by
Pete Belanger
at
11:24 AM
1 comments
Labels: Finding Your Niche
Wednesday, May 7, 2008
Niche Selection...
20 Websites To Help You...
When selling anything Online, a lot of people make the mistake of developing their product first, and then trying to find a market for it. Of course, the process should be reversed.
Find a market first that spends money, then find out what they want and give it to them.
Sure, it's easier said than done, but there are a lot of places Online where you can do your market research and the best part... it's FREE. They've done most of the work for you already. You just need to know where to go and what to do to connect all the dots.
Here is a list of 20 very useful Websites to help you with Niche Selection:
1) Google Zeitgeist http://www.google.com/press/zeitgeist.html
2) Lycos Top 50 http://50.lycos.com
3) Yahoo! Buzz http://buzz.yahoo.com
4) eBay Pulse http://pulse.ebay.com
5) http://pages.ebay.com/sellercentral/hotitems.pdf (published every month with hot items)
6) Amazon http://www.amazon.com
7) http://www.googspy.com
8) Google Trends http://www.google.com/trends
9) Nichebot http://www.nichebot.com
10) Shopping.com Top Searches http://www2.shopping.com/top_searches
11) AOL Hot Searches http://hot.aol.com/hot/hot
12) Google Groups http://groups.google.com
13) Delicious Popular http://del.icio.us/popular
14) Dig http://www.digg.com
15) Google Catalogs http://catalogs.google.com
16) Google Suggest http://www.google.com/webhp?complete=1&hl=en
17) Technorati http://www.technorati.com
18) The Wayback Machine http://www.archive.org
19) http://www.magazines.com
20) http://marketplace.clickbank.net
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Posted by
Pete Belanger
at
12:06 AM
2
comments
Labels: Finding Your Niche, Niche Marketing
Tuesday, April 22, 2008
Derek Gehl's BeBiz In Review...
I just finished watching Derek Gehl's Extreme Challenge Videos and let me tell you... If you ever dreamed of launching your own Successful Internet Business, BeBiz may well be want you need. Go ahead, opt-in and watch the videos for yourself.
The first video is all about choosing a niche.
You need to not only find something that you are passionate about, but also that stands a chance of making you some money Online. The tools that Derek and his team have put together make it a step by step fail proof system. Sure, you'll need to put in some time to do the research, but keep in mind that every minute you put in this early in the process, will save you countless hours in trial and error.
Even if you are not interested by the software Derek as put together, you owe it to yourself to watch this 1st video if you are serious about starting, or running, your own Online Business.
How did you select the niche you work... or want to work?
The second video is on creating a Sales Page.
If you ever tried to write a sales page from scratch, you know how hard a process it can be. The BeBiz software will walk you through it, step by step, and give you tips when ever you need it.
Again, just watching this Free Video, you'll learn all the steps that one needs to go through to write excellent, effective Sales Copy.
The 3rd Video is all about creating a website.
You don't need to hire a web designer. You CAN do it yourself!
Any web designer can slap together a site for you... And there are TONS of website templates for sale on the Internet that you could buy and use to showcase your product or service. But there's a big difference between having a website that LOOKS good and having a website that'll actually convert your visitors into BUYERS.
Video #3 will put you on the right track.
The 4th and last video is all TRAFFIC.
Lots of it and targeted.
If you ever tried running a business Online you know that Traffic is not as easy to get as every $47 eBook makes it seem like.
This video will show you how to get traffic from both the search engines and PPC (Pay Per Click). Some of the tips he shares on this video are priceless!
Go ahead, take the time... Watch the Videos... You'll probably learn more from these FREE videos than you have from the last 10 eBooks you've read!
And if you are serious about getting a business, a Profitable Business Online, I would suggest that you take part in Derek's 28 Day Challenge. I'm sure you will like the outcome !
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Posted by
Pete Belanger
at
12:00 AM
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comments
Labels: Finding Your Niche, Guru Reviews, Niche Marketing, Product Reviews, Tools and Software
Saturday, April 19, 2008
2 Important Reminders...
You Have Till Sunday Night...
Since this is probably the first weekend that everybody will start "playing outside" (well, at least in the northern hemisphere!), I'll keep this short and sweet...
First, did you enter my little "Aweber Competition" yet... The prize is me as a referral and Recurring Affiliate Commission for YOU... Make sure to check it out here...
Second, did you sign up for Derek Gehl's FREE "Build-a-Biz" video training series! (read this post for more info)
The first video is being released next Monday (April 21st). -- but is ONLY available to people who registered for it...
You can still register right now by going here
That's It... Next post you get is going to be the one where I announce who I'm going to sign-up to Aweber under! Have A Great Weekend...
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Posted by
Pete Belanger
at
12:47 PM
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comments
Labels: Autoresponders, contests, Finding Your Niche, Niche Marketing, Tools and Software
Thursday, February 28, 2008
Have You Listened To A Good Book Lately...
Lately, I've been listening to audio-books more and more. They are so convenient, I can listen on my mp3 player or I burn them on CD and listen in the car on road trips. Here are my latest picks:
Paul Colligan and Anik Singal discuss the secrets of leveraging blogs and press releases to bring tons of free web traffic to your affiliate marketing efforts in
Affiliate Guy Podcast Season 2, Episode 1 - Affiliate Traffic Techniques
If you're ready to finally take control of your online business and blow past your competitors, this audio-book will help you for sure !
Innovative Internet Marketing Strategies
This isn't like any huge DVD course or 20 tape set box of crap you'll never use. It's something you can digest in just minutes a day and take action on.
Niche Riches
Success Online is all about good education and resources. Get more usefull info as soon as I make it available and Subscribe to my Feed.
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Posted by
Pete Belanger
at
12:00 AM
1 comments
Labels: Affiliate Marketing, Audio-Books, Blogging, Finding Your Niche, Home-Based Business Resources, Niche Marketing, Product Reviews
Thursday, January 17, 2008
A True Gem For Niche Marketing
Today, I decided to let you in on a product I've been using for a while. I was first introduced to it on The Famous Warrior Forum, and my first thought was, well, if these guy's "push it" like they do, there most be a really good reason for it!
So I took a look at it... 
Well, if you want to start making the kind of bucks the big dogs are making, this is one product I wouldn't go without for much longer. Sure, the sales page starts off with the old Paypal screenshots that anybody can Photoshop, but if my own results can be any sort of an indicative, I can see someone who's been using Niche Marketing On Crack longer, having the kind of results this guy has had with it.
Now, don't get the wrong impression, if you are not prepared to put in the work that building a Niche Online business takes, skip this and go back to whatever you where doing before you landed here.
Basically the 'system' he outlines shows how someone can in his words 'pull big money from small traffic' and in a pretty short period of time...
Niche websites are really what will make you substantial income on the Internet. If you can make a couple of bucks in a Niche, then you take that same process and apply it to other Niches and watch your earnings skyrocket!
Every now and then a product comes along that makes a difference to the way I do things online... I strongly believe this is one of them.
Check It Out For Yourself
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Posted by
Pete Belanger
at
1:35 PM
0
comments
Labels: Finding Your Niche, Niche Marketing, Product Reviews, Tools and Software