The best way to achieve success on the Internet is to find a niche business market and research that market to find out if there are people searching for that product, the cost of the product, the delivery of the product (digital or by mail) and what kind of affiliate tools are available.
You don’t have to create your own product at first, so you are going to be selling someone else’s product. However, before you do that, you have to do some keyword research to find out what people are really searching for. You can use Google AdWords Keyword tool to do so.
Can you define niche marketing?
This is the smaller part of something bigger. In marketing terms, that means a small group of people in a certain group who would be looking for your product.
This is what niche marketing in general really is. However, here are some examples to help you to understand better.
1. If you are selling baby diapers, your niche market would be parents who have just given birth.
2. If you are promoting canvases, your niche market would be artist and not a building contractor.
3. If you are marketing hammers, the reverse is true that your niche market would be building contractors and not the artist.
4. If you are selling a book about menopause, your niche market would be women over 50 years old and not men.
5. If you are doing a promotion about starting an online business, you need to find out the different forums that newbie marketers hang out and not where the guru visits.
I hope this explains and helps you to understand what is niche marketing.
Advantages of niche marketing
This has many advantages, but the one that stands out more is the fact that you are targeting a specific group of people who are already hungry buyers. That makes your work much easier than just putting up a product and hope that someone buys it.
Once you identify your audience, you will then go ahead and search for an affiliate product that your audience will want to solve their problems. So you have become the middle man – the person who listens to the need of your prospect and find the exact solution to their problems.
You would then go ahead and begin to do research, write articles with valuable information and submit then to article directories. Put up a blog or squidoo lens and put information daily on these portals that will help your target audience to find some of the immediate solutions they will need. This will let them begin to trust you and then they will buy from you. It is that simple.