Niche Marketing Overview
Jump below for links to more
in depth information on Niche Marketing, Article Marketing and Bum
Marketing.
Let's start with the question, "What is
Niche Marketing?"
Niche Marketing is a specific form of
marketing, usually done mostly online. In a nutshell, it is
the art and science of finding a subcategory of something
that people are desperate to buy and delivering it to
that segment of the population that wants it.
Sound simple? Yes and no.
If you think you can find a niche and make tons of money on it, you
can. But if you think it is a get rich quick scheme, you would
be way off base. There are many people out there who promote
get rich quick schemes. While we all want to make money as quickly
as possible, we need to be realistic about the amount of work
involved.
Niche marketing requires
work and the development of certain skills. Just about anyone can
do it, but they need to learn the basics first and practice them.
There are many resources online to learn about these skill sets.
This blog is one of them. I will be discussing some of the others
that are worthwhile, both free and paid.
Niche Marketing can be
done very effectively with no money (we call this Bum Marketing, as
coined by Travis Sago, bum marketer extraordinaire) and can
also be done on large scales with huge advertising budgets.
Obviously, for those just starting out, the bum marketing methods
will be desirable, or possibly some low cost additions to that,
such as some basic tools and software and educational tools and
services.
I will recommend one paid
service that is the cream of the crop when it comes to niche
marketing education. That is Wealthy
Affiliate. See the
Marketing Education page for more information on this
program.
Save all the money you can
on advertising niche markets because you can get almost the same
amount of promotion for free as you can if you pay someone, and the
quality will be better as you have full control over it. With that
being said, spare no expense on your education, as that will
produce skills and attributes that will reap huge rewards down the
road. Just make sure that you are getting an education and not
paying someone to promote themselves.
Many people make the
mistake of joining every affiliate program that come down the pike.
This not only dilutes your effectiveness as a marketer, but most
programs that are easy to join and set up do not have any long term
possibilities, nor do they allow you to be in a position of
creating your own destiny.
The first thing you want o
do is find a hungry market. Then you want to determine what they
need and more importantly why they want it. Then (and only
then) can you find a product and promote to them to satisfy
that need, whether it is a physical product sold on TV, an item
sold through a network marketing format, a service, or even a
digital product such as an e-book.
You will find there are
plenty of people who will help you, including me (which is why UI
created this site). They will not give away their keywords or
niches, but they will teach you how to find and develop your own,
which in the long run is much more beneficial to you. I will
divulge a few of the areas that I work in throughout this
site, both set it and forget niches and also areas where I
spend more time promoting.
Dig around, take lots of
notes, and most important - Enjoy!
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