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Archive | February, 2018

How to Find Hot Niche Markets…

Choosing your niche(s) is perhaps the single most critical element to your success online as a marketer. After all, you can know every marketing trick in the book, but if you choose a niche in which there is no interest, or no money is being spent, or the competition is just too great, you’ll do nothing but struggle. On the other hand, if you choose the right niche, your marketing efforts could be mediocre and you’ll probably still make money.

Find Your Niche

So how do you choose the right market? Through market research, of course. And before you groan and scroll to the next article because you HATE market research, let me offer you this tidbit of news – market research can be easy and even FUN when you know how to do it. It’s like being on a quest for buried treasure, or perhaps an Easter egg hunt for eggs jam packed full of CASH. Once you find your first treasure or cash-infused egg, you become addicted to a VERY profitable endeavor that’s far easier than most people think.

So let’s get started. Finding a hot, lucrative market consists of just 3 steps:

    1. Discover what’s already making money online
    2. Find out how many people search for this niche
    3. And then research the competition.

Yes, it really is just about that easy. And the more carefully you choose your market, the easier it will be for your site to rank high, get plenty of traffic and make sales. And you can use these 3 steps to research 1 or 100,000 markets and build hundreds of profitable niche websites.

Your first step is to find places where money is being freely spent online. Don’t worry about how many people are searching for this niche or about the competition at this point. Simply focus on finding market topics to explore, and be sure to make a list of them as you go through this process. Otherwise, you’ll forget what may be some very lucrative ideas along the way.

    1. Go to Amazon and Clickbank. Find out what the best sellers are, what’s popular, what’s new and catching interest, and what people are buying in droves. Plan to spend several hours doing this the first time, as it will completely familiarize you with these sites and also allow you to build a sizable list of possibilities.

    2. Check out the magazine section of your local bookstore, and buy a handful of magazines on topics you’re unfamiliar with. Reading these will give you ideas you’d never come across in any other manner.

    3. Google topics you’re unfamiliar with and locate the best sites on these subjects. Just like the magazines, this will afford you new ideas for sub-niches that you otherwise would never have thought of in a million years.

    4. Always keep your eyes and ears open – both online and offline. What new trend did you read about in the newspaper? What are they talking about at your gym? What conversation did you overhear at the grocery store? What did your crazy Aunt Lucy send you this time in your email? Listen to people, read the forums and blogs, watch Twitter, Digg, Reddit, Facebook, etc. Write down your ideas as they come. The more you do this, the better you’ll get at spotting profitable niches and hot new areas of interest.

    5. Haunt YouTube. People are using YouTube much like they use a search engine, looking for solutions to their problems or answers to their questions. If a YouTube video has a lot of views, then obviously there’s interest in that topic – especially if it’s a “how-to” kind of video.

    6. Did I mention you should write down every idea when you get it? Even the ones that seem too far fetched may surprise you, so write it all down. Just the act of writing will help you to find more ideas, as you record the ones you’ve already got, it opens the channels for new ones to appear. Carry a small notebook with you everywhere, and if you have to pull off to the side of the road or step out of a conversation for a moment to write down a great idea, do it. That one thought could mean several thousand dollars to you, or more.

Once you’ve been brainstorming for awhile and you’ve put together a list of possible niche topics, it’s time to see which of your niche possibilities are making money online. If it’s not already a lucrative market, odds are you do not want to touch that topic. The ONLY exception is if you happen to be on the leading edge of a new market, but that’s risky and beyond the scope of this article. Right now we’re helping you find “sure bets” that are definite money makers.

You’ve already (hopefully) done your research and you have an idea of what’s selling. Let’s go to ClickBank now, and see if we can find some verification.

Once you’re at the ClickBank Marketplace, type in your first niche topic in the box that says, “Find Products.” Did you get any results? If so, what is the gravity of each one? Look for the abbreviated word Grav: and you’ll see a number there.

If at least one of the products has a gravity of 10 or higher, you may have found a winning niche topic. (Gravity tells you how well the product’s affiliates are doing in selling the product. The higher the number, the more affiliates are selling the product in recent weeks.)

Go through your list and find out how many (if any) products are being sold in each niche topic and what the gravity is of each product. If there are no products being sold in a particular niche, or there are some products but none of them have a gravity over 10, cross that possibility off for now. You can always revisit it in 3 months and see if there’s been a change, but for right now you want to focus only on the niche topics that have products with a gravity of 10 or more.

BONUS: Here’s a variation of the Clickbank technique – While on the Clickbank Marketplace website, find the link to the right of “Find Products” that says, “Advanced Search” and click on that.

Now tick the box for “Gravity – Show items with gravity:” and choose “Higher Than” in the drop down menu. Now put the number 10.0 in the box to the right, and without entering anything else on the page, click “Search.”

You’ll come up with a long list of possible niche topics by looking at these products. In fact, on the day I’m writing this, there are many hundreds of them.

So why didn’t I send you here first? While it’s a great shortcut, it’s also important that you know how to get ideas on your own and not just copy other marketers. When you get good at this, there will hopefully come a time when you ride a new trend – being one of the first to make it truly lucrative. But again, save that for later.

Another thing: It’s also important to note that MANY products are not sold through ClickBank. Just because you don’t find a product on ClickBank with a gravity over 10 does not necessarily mean the niche isn’t lucrative. But ClickBank is a shortcut for us right now because as we ‘re learning to research niches, it’s the fastest and easiest way for us to get the confirmation we need before moving to the next step, and so that is why we’re using it here.

Now that we’ve narrowed our list to JUST niches in which products are definitely selling, let’s move on to the second step – discovering which of these products enjoy high customer demand.

Basically, we’re answering the question: Are people searching for and interested in this market?

For this, we’re going to go Google – Namely, Google’s Adwords External Keyword Tool, found at: https://adwords.google.com/KeywordPlanner

With this tool we can find exactly what we need to know in just seconds. Follow the instructions provided by Google to search keyword popularity.

Now that you’ve got the results, take a look at the column marked, “Global Monthly Searches” to determine the size of the market. Click on the header, “Global Monthly Searches” to order the results from highest number to lowest, and add up the top 5 relevant results – the number should add up to at least 100,000. If it does, you can move to step 3.

(All of your results should be relevant, but just in case, look carefully. For example, if you searched for “Viral Marketing” and something comes up about marketing virus medicines, then that’s obviously not a relevant result. Also, if there is a duplicate result, such as “viral marketing” and “marketing viral,” only add one of them into your total. Ignoring irrelevant or duplicate results, look a the top 5 relevant results and see if they add up to 100,000 or more.)

Some will say that the top 5 results only need to add up to 60,000 – 75,000 for it to be a viable niche, and that is sometimes true. However, for right now we want to be sure you’ve got a good one, so we’re going with the 100,000 mark just to be safe.

For the niches that do total 100,000 or more, make a note of the top 3 search terms and you’ve found some potentially profitable niches to pursue.

What will make it even better is if you find a niche that is hot, and that you have a personal interest, curiosity and passion for. This will be the fuel that can drive you to succeed in building a business in this niche once you’ve identified there is indeed a market for it.

Simply repeat this process for all of your other possible niches, and use the your results to choose your first niche. Simple!

To recap, remember – your product niche must fit all 3 criteria:

    1. It must have products that are selling
    2. With a high customer demand for those products
    3. And the competition should be low.

The hottest markets ALWAYS fit all 3 of these criteria because it’s where you’re going to make the most money with the least amount of effort. And because there isn’t a shortcut to uncovering these markets, it’s crucial you go through all three steps in the quest for your next red hot niche.

5 Methods For Getting TONS of Comments on Your Blog Posts…

…regardless of whether they’re written blog posts or video blog posts. And this can even work on pre-launch videos for your new product launch.

You’ve got traffic, you create great blog posts – and yet only a handful of people bother to comment. Frustrating, isn’t it? You work hard to make a great blog post with lots of information your readers can use, but it feels like nobody cares. Worse yet, your blog has the appearance of a ghost town. After all, the more comments your posts receive, the more popular your blog appears. And let’s face it, everyone wants to be part of something BIG, something that others are involved with.

Any comments?

So how do you get more replies to your blog posts? And for that matter, how do you get people to reply to your pre-product-launch posts and videos? Here are 5 methods I’ve found that work…

1. Ask them. That’s right – sometimes it can be as simple as asking them to take the action. Ask them to respond to your post or to a specific question you place at the end of the post. Don’t make it a difficult question; Asking whether they prefer chunky peanut butter or smooth peanut butter will pull far more responses than asking how to achieve world peace. (I’m exaggerating the point here, but you get my meaning.)

2. Bribe them. Offer them one of your paid products for free when they leave a comment. You can either give the product to everyone who comments, or to the best comment, or 5 comments chosen at random, etc. Choose a product that your readers are likely to want, and if you’re awarding the bribe to everyone, be sure to send it within 24 hours of their posted comment. If you’re awarding it to the best comment(s) or to several comments at random, post the winners on your site so that a) your readers know you really gave away the prize and b) it becomes an incentive for them to post a reply to your next blog entry. After all, if someone else won last time, they’ll be thinking they’ve got a shot at winning this time.

3. Make it a contest. Again, you’re offering a bribe, only this time it’s monetary. For example, offer $100 to the poster who provides the most innovative answer to your question, or to the one who gives the funniest response, etc. Either you can choose the winner, or you can let your readers vote and choose the winner for you. (HINT: This method is also a great way to find out what your reader’s biggest challenges are – thus giving you great ideas for new products your readers WANT to purchase.)

4. Give away the launch. If you’re launching a new product, give away copies of your new product to the best replies to your post and videos, as well as to random posters. This way you get both the posts that take an effort, and the quickie posts from those who don’t want to take a lot of time posting a well thought out answer. This will increase the excitement, increase the exposure of your launch, and can result in some pre-launch testimonials from those who won the product.

5. Be controversial. Taking on topics that hold any kind of controversy will almost always get people talking. People love to take sides, express their opinions, and even get into a discussion. Watch for topics in your niche that spark definite opinions and blog about those – and the replies will naturally come.

6. BONUS Method: While you’re giving rewards out, don’t limit yourself to replies to your posts and videos. Also reward your readers for re-tweeting your content, telling others, referring others, etc. People will jump through hoops for you if you…

a) Are offering great content
b) Make it easy to jump through hoops for you and
c) You reward them for jumping!

Bottom Line: It’s a matter of training your readers to reply to your posts. The more you work to encourage their participation, the more it will become a habit for them to reply. Also take note of which threads tend to get the most response – these are topics that hit hot buttons, and you might want to blog about them more often.

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