Feb
Finding a profitable niche – Part Two
Part Two
Have you found a few niche ideas, but are not sure if they are could be profitable. Here are a few quick ways to see if they possibly could be.
1. Google or Yahoo: I use Google because they are the industry leader (for now anyway). Type in what your niche idea is and take a look on the right hand column. Do you see advertising there? If you do, keep clicking on the link for how many pages there are. If there are people buying advertising using adsense then their has to be money within that market someplace or the merchants (people) would not be paying for the ad space.
2. Auction places: Are the products you will be selling or promoting being sold on eBay, Yahoo or other auction sites?
3. Engine Search checking: What ever you are selling, type the name into the search engine using quotes around the name. Example… “name of your product”.
4. Have you seen in forums, blogs or around the internet that people are looking for this information or products?
5. Check out your competitors.
Hopefully the above items will help you find out if the niche your looking to get into may be profitable. Just remember also, the above ways are not the only ways. You may have a great idea for a website and find out that there is not much competition, but you still will need to see if you can find affiliate programs to join, unless you are selling your own product of course.
