One of the most important steps in Internet Marketing is doing proper market research. I cannot emphasize enough how critical this step is for the success of your business. Too often Internet Marketers make the mistake of choosing a market that interests them or they are passionate about. There is nothing wrong in doing that except you have to make sure that the market is a hungry one.
So how should you do your market research. Here are a few pointers.
1. Pick on one of the three big markets: Here are three proven markets that need no further market research. These are Health, Wealth and Love. And in these broad markets, you have many niches. For example, when you take love- the niches can be Dating, Save Marriage, How to get my ex back, intimacy, infidelity. And you can further break down these niches into sub niches.
2. Amazon: Amazon is a fantastic place to do market research. You can easily check the best seller in the market and pay close attention to the number of comments for the best sellers in the market. When you see comments in thousands, you can be pretty sure that there is a lot of passion in the market and it may be a market that has a lot of buying potential.
3. eBay: Take a look at eBay pulse and look for hot products.
4. Forums: Visit forums in your marketplace and see the number of posts, members and the recent activity in the forums. Some forums have posts every second. Such a high level of interest is very good because again it is a sign that it is an active market.
5. EzineArticles: Go to EzineArticles and look at the number of views for the market you are trying to enter. In EzineArticles, you will find the following categories have high number of views- weight loss and relationships.
Once you can do proper market research, you will be making a killing online without fear of any form of competition. Take the time to do your initial work because this is the foundation of a successful online business.
Article Source: http://EzineArticles.com/?expert=Casey_Gentles
No comments:
Post a Comment