The New Age of Niche Marketing
As internet marketing became flooded with products, niche marketing was born. This was called the separation age. People started staying away from huge information products that were created with hundreds of pages and instead started separating themselves from the crowd and focused on tiny niche topics. Now, while there is still money to be made by focusing on tiny untapped markets competition is pouring in and the well is drying up.
This brings us to a new age of internet marketing-the age of "specialization". The age of specialization means that instead of creating larger information products you create 7-20 pages on a precise niche topic.
Have you ever bought a five hundred page information product when you only needed the last eight pages or you only wanted chapter five? Most customers don't want to go through hundreds of pages just to find a snippet of information that they feel is useful.
Because there seems to so much information available on the market consumers are getting pickier and pickier. They know what they want and they want just that.
By creating reports on smaller niche topics you open up a whole new form of monetization that has an extremely high profit margin. Especially if you produce small reports on untapped information goldmines such as:
-three ways to get your next vacation for free - how to save a hundred dollars on your next grocery trip -how to lose seven pounds in six days -18 web changes that can double your profits
These 7-20 page niche reports can sell any where from 7-100 dollars depending upon the information.
There are many benefits to creating small reports. For one there is a never ending supply of topics for small reports. You can write about one niche such as weight loss strategies one day and search engine optimization on another. Because of this you can sell report after report to the same customer. Many people can't afford a high priced course but nearly everyone can afford a $7-$15 report. Plus a series or collection of your small reports can be turned into premium priced courses overtime.
Another attractive advantage to small reports as opposed to large information products is the time value. You can write a small report in just a few hours of one day. And they are easier to write than chunky information products. When a "hot" niche topic emerges you can quickly produce a report to sell while the topic is still hot.
Small reports are also highly effective for building your list. Their small size makes for an easier download. People are more likely to download a small report but they think twice about a three hundred page information product. Because of this they get around faster as a viral marketing strategy than a large information product. They also get read more which means more reviews and/or testimonials.
A customer can read a small report in a short amount of time and if they find the information valuable you can guarantee that the report will be discussed or sent out to other people before the day is through. The list of benefits could go on and on.
The specialization age is a faster way to create your own products for niche marketing and they often generate a faster response. This new age of niche marketing has become more effective than any age prior to it.
The New Age of Niche Marketing - To learn more about this author, visit Jeff Casmer's Website.
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
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