Niche Marketing - 3 Simple Steps To Finding A Profitable Niche Market Online Within 5 Minutes Or Less
If you're struggling to find a profitable niche that will generate income for you, then this article will save you lots of time to do the research and ultimately, this method will help you to find a profitable niche within 5 minutes or less from now. When selling a product, you need do the research to find a market first that spends money, then find out what they want and give it to them. After that, you will need to find main phrases for the niche and find out if your niche is making money. After finish reading this article, you will know how to find a profitable niche within 5 minutes without spending any money.
The Example I am about to give is the exact method I use to find hungry niches and is quite easy to do! You may not find your hobby or interest is a profitable one but at least it gives you a starting point. Just think of things that you enjoy doing like cooking, playing computer games, fishing, DIY, Ebay, collecting stamps etc... The site that I use to do the research is at Google Keyword Tool. It lets you see the amount of Google results and the amount people are paying per click on Adwords. The next step we going to do is to find popular phrases in your niche
2.)Find the 5 main phrases
Type in the main keyword for your niche and search for it. Bear mind though you need a good number of searches to make this a profitable income stream for you. Different marketers will tell you different numbers depending on their own point of view. I try to stick to above 2,000 a month searches for a niche term in UK or US. So you should now do the same and pick the top 5 phrases that are being most searched for in your niche. If your niche has less than 2000 searches per month then you will need to find another and try and think of another niche with more search results. So, the next thing you would need to find out is if the niche will make you any money!
3.)Find out if your niche will make you money
Bear in mind that there is no guarantees that you will make money with your product, however if you follow this step it should make 99% sure that there is a market for the taking! Go to Google and type in the top phrase. Once you have typed in your main phrase the first thing you should look at is the number of search results the query has. This is a lot of results and that normally means there is a market there.The next thing you should do is look at the number of Adwords (sponsored Links) the phrase has.These are adverts people place on Google for certain phrases. Basically the more profitable a market the more people will bid to place their ads.
Now that is the proven system to find a profitable niche market. You learned how to do the research for the niche that you want to go for, you learned how to find the top 5 main phrases for your niche, and you learned how to find out if your niche will make you money. Now you have everything you need to know to find a profitable niche for free to generate income for you.