Author Topic: One Niche You're Rich  (Read 5313 times)

promomxr

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One Niche You're Rich
« on: May 13, 2009, 09:42:01 PM »
Have you found yourself wondering why you are overwhelmed? There is so much material on the Internet regarding Internet marketing. If a person tries to digest all of it at one time, they will will experience a bad case of online marketing indigestion.

This is not a good feeling to have. I have had these feelings before as well.  ???

The solution to this issue is to narrow your focus on one niche. You see it is much easier to become an expert in one area rather than two or more areas. I have made a decision to devote my time to making money on the Internet. There are countless ways to make money in this world today. You can make money in real estate, the stock market, by owning your own offline business and in numerous other ways. But the people who really do well in this world financially are known primarily for one thing. Bill Gates in known for Microsoft. Warren Buffett is known as a stock expert. Donald Trump is known for real estate. I am sure that they have other things that they focus on now but they are known as being experts in a certain field. What do you focus on? Many things or one thing? I am willing to bet that if your answer is many you are in a state of Internet marketing discombobulation. Find something you like doing and become an expert at it. The trick is to find something you like doing that is profitable financially. This is the secret to making money on the net.

If there is a market for your product, you can sell it. Do a search on google and see how many results your area of focus will bring up. If you use keywords, you will get better results. The more targeted the results the better. It is easy to develop a product when you are an expert in that area because you know something that your buyers don't. You are the expert and they are not. They will pay large sums of money to acquire your expertise.

As marketers we must understand that our time is extremely valuable and the more we focus on too many things, the more time that is wasted. This time could be better spent focusing on one niche. It takes time to learn what your niche market wants. After you learn what they want, give the people what they desire. If your child wants a piece of pizza and you give them fish that would cause sadness in their hearts. They may cry and be upset with you. In the same way, if you give your target market something different then what they are asking for they will remove themselves from your list or no longer associate with you.

So use your time wisely and learn what your target market wants. Once you have determined what they want, if you do not already have a product created to meet their needs create one. Remember what they have told you and use the desires of their hearts as your blueprint to create an excellent information product.

Your job as the expert is to provide the answers to the questions that your target market is asking. You answer their questions with your products and you will be seen as an expert by them. You can also become qualified as an expert by creating a blog about your niche market. You can have your readers post their questions on your blog. Answer their questions on your blog and they will also begin to view you in a different light. This will prove to them that you care about what they have to say. People buy more easily when they trust the person they are buying from. A blog is a great way to create an atmosphere of trust. You can also build a great deal of rapport with your market in this way as well. You can get to know your market on your blog and they can get to know you. An excellent method to implement to accomplish this is simply to be open with your life. Talk about your family and life on the blog and you will find that your market is more likely to talk about their family.

You now have a number of concepts to implement in your Internet business right now. The key is to go out and do them. You will be greatly rewarded if you do. One niche can indeed make you rich.



Offline Jim Burney

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Re: One Niche You're Rich
« Reply #1 on: May 14, 2009, 12:28:42 PM »
Howard

Another superb post!

The wisdom on this forum continues to amaze me.

Keep up the great work.

Thanks

Jim

Offline KarenMcG

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Re: One Niche You're Rich
« Reply #2 on: May 15, 2009, 09:10:37 PM »
Howard

Another superb post!

The wisdom on this forum continues to amaze me.

Keep up the great work.

Thanks

Jim

Howard,

I agree with Jim.

And you have a great collection of articles with lots of valuable information.

Thank you.

Karen

JasonWhite

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Re: One Niche You're Rich
« Reply #3 on: May 16, 2009, 12:41:59 PM »
Hi Howard,

Great article! Good info!

I have decided what my niche is going to be.

I'm going to start up a Fortune 500 company, totally mismanage it, get the US government to bail me out, and then take a 2 year vacation in the Bahamas with a percentage of the bail out money!

 :D :D :D :D :D :D :D :D

Jason

Offline doc333

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Re: One Niche You're Rich
« Reply #4 on: May 16, 2009, 01:58:36 PM »
but Jason

That's been done too many times - you need to be original  :D :D :D :D :D
How to Create WEALTH and SUCCESS http://www.dynamicmindexpansion.com
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promomxr

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Re: One Niche You're Rich
« Reply #5 on: May 16, 2009, 02:37:51 PM »
Jason: Aren't I your Marketing VP? Save me a seat on that Airplane!  ;D ;D ;D ;D ;D ;D  ;C

Offline KarenMcG

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Re: One Niche You're Rich
« Reply #6 on: May 21, 2009, 04:38:12 PM »
Okay, guys

Scootch over, I wanna get in on this too!   ;D

Thanks, Howard, for the article.


Karen


Offline Jim Burney

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Re: One Niche You're Rich
« Reply #7 on: May 22, 2009, 03:22:24 AM »
Hi Howard,

Great article! Good info!

I have decided what my niche is going to be.

I'm going to start up a Fortune 500 company, totally mismanage it, get the US government to bail me out, and then take a 2 year vacation in the Bahamas with a percentage of the bail out money!

 :D :D :D :D :D :D :D :D

Jason


The same scandals and mismanagement bailouts go on in the UK also.

The politicians wonder why us mere mortals get upset.

Jim

joec

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Re: One Niche You're Rich
« Reply #8 on: June 18, 2010, 03:28:55 PM »
Great article Howard,
One thing I am finding out more and more, regarding internet marketing, is that brand trust, whether it is you the brand or your business the brand, is what brings in the money.
Many offers online are probably ignored until the offer is made by a "brand" that's well known and then it is gobbled up. Think Mike Kern, Filsame, Steven Pierce, Jimmy Brown, Dan Rayne, and others like those.

The truth of the matter is that these producers have many years of experience behind them and have large lists to work off, plus name recognition, whilst newcomers have to start at the bottom establishing their brand and trust and no one has any patience to wait 2, 3 or more years to do that so that they can "rake" in the money.

Great article. Thanks for taking the time to post it.

debbott

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Re: One Niche You're Rich
« Reply #9 on: July 09, 2010, 11:31:30 PM »
Howard,   Thanks for the info. I have had 4 years of marketing indigestion. Good thoughts and ideas. Debbott