Big 6 Online Business Model - Niche Marketing
Apr 25, 2008 Big 6 Model
Thanks for coming back to my blog. Today I’m going to reveal the strengths, weaknesses, opportunities, and threats for niche marketing. But before we start, you should understand the term ‘niche marketing’ first.
Niche marketing is a term people use to refer to niches that people can target to make money online without focusing on ‘business opportunity’ or ‘make money’ niches (like Internet marketing niche or network marketing).
It targets niches such as self-improvement, dog training, gaming, movies or other things that do not fall into the category of money making niches.
So, what’s so good about niche marketing? And why it is bad?
Strengths: You can focus on your passion and become expert in it. Let’s say you are an expert at dog training, then talk all about it and monetize from this niche alone.
Weaknesses: You have to be plan everything and make sure your traffic is quite targeted and an expert at it. Different niches yield different results.
Opportunities: Niche marketing opportunities are Endless. All you need to do is find a niche you can excel in that nobody else is targeting (of course, this is very rare but a lot of niches are not that congested).
Threats: An untapped niche is rare - so most people go for rarer sub-niches. For instance, ‘Dog Training’ itself is a niche. ‘Dog Training for Working Adult’ is a sub niche.
Recommended Resources:
- Do a search on Google for “YOUR NICHE” FORUM (Example: if you are targeting the dog niche, type in “dog forum”) this will be your market!
- Have a look on “Niche Annihilation Method” to discover the secrets how you can walk into any niche market and become the big player in it! (Over 3,500 Copies Sold)
So far I’ve discussed with you four Internet business models you can profit from. If you still don’t prefer any of the models that I’ve mentioned here, you might want to look for my next update.
For the next business model, you don’t need to sell ebooks or promote other people’s products. You just have to sell your skill! So, visit my blog in the next few days to find out how you can use your skill to turn into hard cold cash immediately!
Before that, if you have anything to add for today’s topic, you may want to leave your comment below.
OK… See you again in next few days!
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