Niche marketing is often difficult to understand because it goes against the grain of what you may have been taught about marketing. Many people are under the assumption that the more people you can reach with your product or service, the better your chances of making a sale. In all actuality, this type of thinking wastes a lot of time and energy and rarely generates the return you’re hoping to achieve.
You want to narrow your market down as specifically as possible to a small “niche” of potential customers. Then focus your efforts on getting them to buy. Why waster your time selling to those who have no interest in what you have to offer and therefore, have no intention of every purchasing from you?
To help you understand niche marketing further and how it can benefit you and lead to bigger success, here are some examples.
A great example of niche marketing is virtual assistant businesses. A virtual assistant service is a niche because they market to a specified group of people wanting and needing their administrative and technical services without the need to hire an in-house employee.
While virtual assistance is a niche market in its own right, in order to be more successful VAs should consider narrowing their niche down even further. Tapering down the services offered to an even smaller list is extremely beneficial to service providers such as VAs. Most virtual assistants find the most success when a niche is clearly defined and only a few services, as opposed to a wide array of them, are performed.
For instance, a virtual assistant may offer specialized services to real estate agents, coaches, Internet marketers, etc. If the VA really wants to see results she could go even further with her niche and offer ghostwriting services, content management services, proofreading and editing, or something else. The key is to specialize in one or two things your target customer is in need of and become the expert in that area.
There are literally millions of potential customers an Internet marketer can cater to. However, just like the virtual assistant, the biggest success will come when an Internet marketer narrows down his or her target market. Here are some common niches these marketers provide information to.
- Newbie Internet Marketers
- Moms in Online Business
- Info Product Creators
- Article Marketers
- Content Site Owners
Keep in mind even these groups can be broken down further to create a tighter, more defined niche market.
Another way to help further define niche is to contrast it to the masses. Mass marketing is just that, marketing to the masses…millions of people. A niche, on the other hand, is a small, defined group of people.
One example is pets. While they are a niche, they are a very large niche. However, you can narrow the large niche into a smaller, more defined niche by specifying cats, dogs, birds and so on. You can take it a step even further and narrow each of these niches down to a specific breed of dogs, cats or birds.
As you can see in the examples above, by narrowing your market you’re able to focus on the type of work you want to do and enjoy. Zoning in on a niche makes it easier to maintain a concentrated marketing focus instead of trying to service everyone in every area of business.
Remember the old saying “You can’t please all of the people all of the time.” This is true no more than in niche marketing.
How Internet Marketing Software Can Help You Find and Reach Your Market
Many people who once did things “for fun only” are now looking for ways to turn their hobby into a money making business. They are quickly learning how niche marketing can help boost their new found business into success. Finally, people are beginning to take niche marketing and online marketers, for that matter, seriously. I say it’s about time.
For the once hobbyist turned online business owner, conducting the necessary research to help define their niche market doesn’t come naturally. One of the reasons for this is because for years they were taught appealing to the masses was the way to go in order to be successful. Enter software developers and marketing companies.
It’s now easier than ever for even the most novice Internet business owner to learn the ins and outs of conducting market research in a quick and easy manner. Internet marketing software is being developed quite frequently to help with all aspects of starting and running a profitable business online, and niche market information is not left out by any means.
Areas where software can help with defining and catering to your niche market include:
Keyword Research – Some programs work by performing keyword searches for the most popular words or phrases people are searching for on the Internet. If you were to actually do this type of research manually, you would spend tons of time and probably never get your business off the ground. Keyword research software and programs do the ‘dirty work’ for you.
Protection – Another advantage of using software to help start or grow your niche marketing business is by offering protection for your website. With so many people beginning to realize the effectiveness of niche marketing now, content often gets copied off of websites or blogs. Some companies include added protection for your niche blog or website within their program.
Email Marketing Campaigns – If you plan to create an email list for your business (which I highly recommend) you’ll need a program to help automate, test, track and make this process easier. There are various programs out there including Aweber.com, WahmCart.com and more that provide various levels to suit your email marketing needs. Be sure to take your time in deciding which one is right for you.
Link Building Software – Creating links back to your website from others is extremely important in getting your business out there. However, if you’re not creating them in places your niche market will look, they aren’t going to be doing you as much good. Again, you’ll be playing to the masses when you could focus your efforts on a more specific market and reap better results.
Information Management & Organization – There are many programs out there (some of which are even free) that you can use to easily organize your website’s content. One that many marketers find very useful for many purposes is the WordPress platform. What was once just a blogging platform can now be used to create websites with multiple contributors, arrange content by type or information and more.
Finding the perfect marketing software that’s right for you creating your own niche business may take a little research because not all marketing software is equal and one program may not have all the features you desire. One Internet marketing software program may offer keyword research capabilities and nothing more. Another one may help you define your niche and offer other tools to help develop your niche. A little effort and determination is all you’ll need to find the program that suits your business needs best.
As with any type of software, make sure you’re getting what you pay for. There are a lot of hyped up marketers out there that promise and never deliver or only partially deliver. So do some legwork first and try to find software you can try before you buy or that comes with a money back guarantee.
How to Find Your Perfect Niche
In the world of niche marketing, the possibilities are endless when it comes to finding a niche that’s right for you. In this article, I’ll be sharing with you some tips to help you find a niche you’ll love. After all, if you love what you do it’s easier to stay focused and continue to promote and profit from for years to come.
Time to Dump Your Thoughts – Let’s Brainstorm!
The first step you need to take in order to find your perfect niche is to sit down and brainstorm. With a piece of paper in hand or on your computer, start writing down everything you love to do or things you’re passionate about. To get the wheels spinning, I’m going to give you some ideas that may hit home or spark an idea of your own.
As you can probably see, the possibilities are endless. So, from this list, I’m going to teach you how to find a niche that’s right for you.
Continuing with the brainstorming, I’m going to choose make-up as my passion; this is just an example, but it will show you how to break down your passion into a niche that’s ideal for you.
Sub-Niching for Greater Results
Make-up is obviously a very large niche so instead of focusing on one big item – let’s niche down. Here are some possible smaller niches that fall within the make-up niche:
- Make-up for actors and actresses
- Make-up for your eyes only
- Halloween make-up
- Make-up for the acne prone
- Make-up as you age
- Make-up for teens
- Make-up for darker complexions
- Make-up for red-heads
This list is only a very tiny one. There are literally thousands of sub-niches I could go into when it comes to make-up or almost any other niche.
Now out of one of those smaller niches, the next step in how to find a niche that’s perfect for you is to think about which one you love the most or which one you have the most knowledge about. Since niche marketing is an extremely focused type of marketing, you definitely need a passion for what you’re doing as well as lots of knowledge. Those things will keep you going when you find yourself unmotivated or wanting to throw in the towel. Trust me; there will come a time this happens no matter what topic you’re working with.
Once You’ve Found Your Perfect Fit
After you determine which niche is perfect for you, think about how you’ll market your niche for the most effective results.
Let’s use make-up for darker complexions as an example. Where is a good place to find people with darker complexions? Tanning booths and hair salons are just a few places that come to mind. You would then look at advertising your product on those types of websites, stores, forums, etc.
Remember, with niche marketing your target audience should be very specific and well researched in order to achieve the highest success and make the most of your time and effort.
How to Use Niche Marketing Articles to Boost Your Business
All types of article marketing take effort, time and know how. The main purpose of any marketing is to eventually lead your readers into wanting to know more about you, your business or to purchase your product or service. Because niche marketing is directed to such a defined market, you need to know how to write your articles so they are the most effective use of your resources. Here are some tips to help you do just that.
Tip 1: Determine Your Intent
You must first determine what it is you want your article to accomplish. By this I don’t mean make sales because ultimately everyone who uses article marketing wants this. Instead think of the action you want your readers to take immediately after they finish reading the article.
Here are a few examples to get your juices flowing:
- Interaction with You – Do you want your readers to comment on the article, give you feedback, etc.?
- Lead Readers to Your Website for More Information – Do you want your readers to visit your website to learn more?
- Get Yourself Noticed – Do you want to develop trust with your readers?
Tip 2: Decide on a Topic
This may be the hardest part of the article writing process. You want to determine exactly what it is you need to write about. In order to come up with a topic that your target market will want to know more about, you’ll need to know your market first. Do your research. Visit some forums, message boards, social networking sites to determine what it is your potential customer or client needs from you.
Tip 3: Grab Your Reader’s Attention – QUICK!
You want your customers to find your article on the Internet. This means your articles need to be keyword searchable by the search engines. Using certain keywords throughout your article so that it’s picked up by the search engines when your potential customers type that keyword into their search engine.
Important Tip Regarding Keywords: Don’t overdo your keyword placement. It’s best to have the keywords in the title of the article as well as strewn about naturally in the body. Remember – “naturally.” If you stuff your article with unnecessary keywords over and over it can actually do more harm than good.
When people are searching for information on the web they scan articles before they ever even begin to read the details. Here is an example of how to catch their attention with your article titles. Once you do this, keeping them reading will come easier.
Your niche is indoor plant automatic watering systems. Your target market is plant owners going on vacation. The first thing your reader will see is the title of your article so make it one that will grab their attention and tell them what your article is about. Here’s an example:
“Rest Easy While You’re on Vacation and Let [Name of Product] Water your Plants.”
As you can see, using key words like “rest easy” and “water your plants” catches their eye because chances are they’ll be worried about their plants getting watered and not dying while they’re gone.
Another catchy title: “Save Money! Let [Name of Product] Water Your Plants While You’re on Vacation.”
“Saving money” is always an eye catcher and “watering your plants” peaks the interest of your potential customer.
Tip 4: Stay Focused
After you’ve captured your audience’s attention with a killer title, now comes the hard part. You have to keep their interest by providing them with quality information they can use. This is accomplished by defining a clear focus for your article and sticking with it. Here are a few things to avoid when writing an article for your market.
- Veering off into something unrelated to the topic of your article.
- Get too wordy.
- Filling the article with information that’s simply being restated in a different way.
Keeping your article short enough to hold a reader’s interest but informative enough to develop trust and a want to know more is the ultimate goal of any article for article marketing purposes. State your case, show them your knowledge on the subject and invite them to know more.
Using articles to assist in your niche marketing efforts is a great way to reach your specific audience, give them information they need, develop relationships and increase your profit online. Keep the tips above in mind with each and every article you write and you’ll put yourself ahead of the curve.
Increase Your Chances of Business Success by Developing a Niche Marketing Strategy
Developing a niche marketing strategy may sound foreign to some business owners. This is probably because we tend to think the more people we can reach with our product, the higher the chances we have to sell our product or services. Now while this may sound good, it actually defeats your marketing efforts and can result in lost money.
To help you better understand how you can increase your chances of business success by developing a niche marketing strategy, let me explain the concept further. Let’s use the example of expensive skin care products.
You may think that marketing your product to every single woman is going to help sell more products. This in fact is in correct. You’ll spend many hours and lots of money marketing to an enormous group of people who don’t have the kind of money necessary to purchase your skin care products. Wouldn’t that time and money be better spent on those who CAN afford it?
When you spend less hours and time marketing to women in the corporate world or in the professional world (to give you a few examples) who have the money to spend on your skin care product, you’re chances of selling to them increase dramatically.
This is what is known as niche marketing. You find your little niche and focus your marketing efforts on that group of people. As you can see in the above example, your chances of business success increase dramatically by developing a niche marketing strategy to reach the people who want and need your product. Not to mention, if you can spend less time and make more money it’s bound to be positive, right?
The key to developing a niche marketing strategy is to find the people who have the money to buy your product, need your product and are willing to buy it. You may have to do a little research at first in order to find these people, but once you do, you’ll be able to market directly to them, increasing your chances of increased profits.
Now, you might be asking yourself “That’s great but what if my product will work for a larger audience? Why limit myself?”
You may be right. Your product may be something you can offer various groups (niches) of people. If so, that’s wonderful, but I still suggest you focus on the niche that has the highest probability of purchasing from you first. Here’s why.
Once you’ve made some money using your niche marketing strategy, then you can begin marketing to a larger group of people followed by an even larger group. After a while, you might find yourself marketing to the entire country and then the world, but now you can do it on a budget you can afford without sacrificing all of your time and money.
So, next time you think that niche marketing isn’t going to help lead you down the path to business success, think again. Just like anything else, start small and work your way up for the best results. You’ll be glad you did in the end.
Make Money with Niche Affiliate Marketing
If you are interested in niche marketing and how to turn your hobby or passion into a successful business, you need to know what niche affiliate marketing is and how it works. First, let’s talk about what affiliate marketing is and then we’ll go over what niche affiliate marketing is.
Affiliate Marketing in a Nutshell
Affiliate marketing is basically promoting products or services for another person or company. Many business owners, authors and speakers have various products they offer online. When you sign up to become an affiliate marketer for them, every time you refer a sale from your blog or website, you get a commission.
Obviously you need to do some good endorsement of the products or services you’re promoting on your site in order to generate sales. You can’t just slap some products links and banners up and expect people to click on them. This rarely works.
Niche Marketing & Affiliate Marketing Working Hand in Hand
With that in mind, let’s talk about niche affiliate marketing and how it differs from just affiliate marketing. Niche affiliate marketing is the promotion of affiliate products or services targeted to reach a specific audience. Therefore, in order to reach that audience your site and the products you promote need to all be in the same niche for the best results.
When your potential customers plug specific keyword into the search engine and come to your site, the ads and promotions you have should also be geared toward your specific niche. It won’t do any good to have fishing lures on a site that’s all about bowling. The visitors who come to your bowling site are looking for information about bowling, not fishing lures.
However, if your niche is fishing boats, an ad that promotes fishing boat accessories makes much more sense and your visitors are more likely to click on it. After they get done reading your content and determining you know your stuff (because you are positioning yourself as the expert and giving them quality and useful information, right?) they may just click on your affiliate link or graphic to go shop for items they need for their own boat.
Of course the content on your site has to be trustworthy and reliable, as well as your blog or site needs to look well made, professional and inviting for visitors to stick around long enough to see your niche affiliate marketing banners and links. If you seem unreliable or unprofessional your visitors aren’t going to trust the products you promote either.
The potential for niche affiliate marketing is great when there is thought, research and effort put into it. Remember, it’s all about finding and appealing to the perfect potential customer.
Niche Definition – Helping You Understand Niche Marketing
When it comes to the Internet there are a lot of terms frequently used and many times you may find yourself having no idea what those terms mean or how they apply to marketing online. One such word is “niche.” Some of us may know what a niche is in terms of biology or even the corporate world. You might say “She found her niche in nursing.” While this is a correct definition of niche in everyday use, it’s not quite accurate regarding the world of Internet marketing.
In the world of Internet marketing the definition of niche takes on a whole new meaning. Having a clear meaning will help you focus and market to those people who are interested in and wanting to purchase your product or service, which will increase the success of your online business.
Here is how Wikipedia defines niche as it pertains to the online world. “A niche market is the subset of the market on which a specific product is focusing on.”
While that may seem a bit unclear to some still, basically it tells you a niche is a smaller portion of a larger piece. In this case a market.
So, just how do you go about defining your niche so that you can focus and reach your target market? Begin with a large market and narrow it down into all possible smaller niche markets.
Take for instance work at home moms (WAHM). There is a whole huge world of moms out there that work from home, either online, in direct sales or running some other type of business. While that is a niche, that is a very large niche and you’re not going to be able to target individual work at home moms very well.
However, by breaking down the niche even further, you will begin to see the different sub-niches possible in the work at home mom arena. Some examples are:
- WAHMs with newborns
- WAHMs who are also homeschoolers
- Virtual Assistants WAHMs
- Direct Sales WAHMs
- WAHMs who help other WAHMs be successful
The list can go on and on. There are probably thousands of different sub-niches under the work at home mom umbrella. The point is that you can increase your chances of success by focusing in on a specific area of your niche. You may have heard this called “niching down” by some marketers. In other words, you choose a broad market and niche down to find your perfect customer who is more likely to respond to your offers.
As you can see, finding the right niche for you will be determined by how well you are able to define your niche to reach the target market of people you wish to promote your products or services to. The more detailed and specific your niche, the more success you will have.
Three Steps to Help You Identify Your Niche
You want to be a niche marketer but you’re not sure which niche is right for you? Here are some steps to help you identify your niche.
1. Brainstorm: write down all the things you have a passion for or a hobby you love.
2. Narrow broader terms with smaller, more specified terms.
3. Take the more specified terms and narrow them down to an even smaller possible niche.
Now obviously that’s not all there is to helping you identify your niche. You will need to think about and do some research on the various possibilities of niches to see if there is a market for your passion.
You’ll also need to check out your competitors and see if there are products you can sell related to your passion. Chances are there are, but you also need to make sure there is a large enough market to build a long standing successful business from. Trendy and passing fads come and go and if you choose a niche that falls into either of these categories, you’ll soon be out of business, so try to steer away from those topics or at least use them to supplement a more sturdy and stable business subject.
When writing out the steps to help you identify your niche, you’ll want to do some keyword researching to see if it’s a topic people are looking for on the Internet. You can do this a number of ways including buying software that does it for you or performing the search yourself. There are a couple of online tools you can use as well to help you identify your niche and conduct a keyword search. They are WordTracker (http://www.wordtracker.com) and Google’s Keyword Search Tool (http://www.google.com/sktool/).
Once you’ve identified a niche you think you can find success with, do a regular search online to see how many other people are working in this same niche. If there are millions, you may want to reconsider. If there are only a few hundred or so, you’ve probably got a great product you’re your niche market. Keep in mind, if there are little to no interest in a product, you may want to consider rethinking your idea.
Remember, large businesses don’t have time to focus on one product or a small group of targeted customers. If your niche is too small, you may not have enough interest from consumers to stay in business long. So use the steps above, identify your niche market, do some research and in before you know it you’ll have a successful business in niche marketing.
What are the Advantages of Niche Marketing?
Perhaps you’ve heard of niche marketing and may even understand what it is. But, you’re not quite sure of the advantages of niche marketing and how it can work for you. In this article, I’m going to explain a little about what niche marketing is for those who don’t quite understand it. Through the explanation I’ll be able to better show you the advantages of niche marketing.
Niche marketing is the opposite of mass marketing. Most of us know that mass marketing is marketing to the largest amount of people in all situations and lifestyles and from all backgrounds. Niche marketing is the opposite of that because your focus is on a much smaller group of people who are interested, need and who actually want your product.
Now, you’re probably asking, “Why would I want to focus on a smaller group of people when I’ve learned that the more people who see my product the better my chances of making a sale?” I understand your thinking, so in the next couple of paragraphs I’m going to help you understand why this marketing tactic works and the advantages of niche marketing over mass marketing.
Want Not Waste Not
Niche marketing works because you’re focusing all your effort reaching those people who have the money to buy your product or service, who are interested in what you have to sell and who need your products or services.
Why waste time, money and efforts on people who are not interested and most likely never will be in what you have to say and offer? Remember, it’s about working the least amount of time and making the most amount of money.
When you advertise to people who have no interest in what you have to offer, you’re throwing money down the drain. Not only are you wasting money, but your precious time. Remember, time is money in business. So even if you spend nothing on advertising you do spend time getting the word out. You’ll spend less time and money in your marketing efforts when you niche down.
Make More Moola
Finally, there’s the added benefit of making more sales to people who actually want what you have to offer. So, not only will you be saving money on marketing campaigns, your chances of making a sell increases dramatically.
Soon, you’ll be selling so many of your products, you’ll have to consider increasing your staff and may even want to narrow your niche down further so that you can enjoy living life instead of working so hard all the time.
What is a Niche?
What is a niche? This is a question commonly asked, especially among those new to Internet marketing. So, to put it simply, a niche in the marketing sense is a specified group of people with a common interest. For instance, you may be interested in or have a lot of knowledge about boats and boating. While that is a broad, general niche, when it comes to niche marketing it really helps to narrow the field down even further, to reach an even more specified group of people.
Think of how you could narrow down boating to reach a tighter group of people within the boating niche. There are the various types of boats, boating products such as special waxes and cleaners, boating attire and boating gear. You can narrow your niche down even further within those categories and sell one product from it.
Another good example to help answer the question, “What is a niche?” is the food industry. While the food industry is obviously huge, there are thousands, if not millions, of products you could sell to a more defined niche.
Niche marketing is marketing to a specified group of people. Some of you may be asking, “Why would I want to target such a seemingly small group of people?”
There are a few reasons actually. First, while it may seem like you’re marketing to a much smaller group of people, you’re actually not. What you’re doing is focusing on, and therefore specializing in, a specific product or service.
Being a niche marketer works well because larger businesses don’t bother focusing on one or two specific products. If you do your research before settling on a niche, you should be able to find a niche that not very many other people are reaching with a specific product. This helps set you up as the go to person without having to compete with those larger companies.
So, now that we’ve answered, “What is a niche?” let’s talk about choosing a niche that’s right for you. When niche marketing, it helps to build a business or sell something you’re passionate about. Because you’ll be focused and considered an expert, you also need to have a lot of knowledge about your specific product or service. Think about something you love to do, such as a hobby first. Then think about how you can narrow it down to a more specific group of responsive people. You may need to do some additional research to gain all the knowledge you can, but it will pay off.
Magical Marketing, LLC
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