| |
|
|
7 Tips, Tricks and Techniques to Define Your
Niche
by Jo Han Mok

Published on this site: December 11th, 2006 - See
more articles from this month

Defining your niche is the biggest decision you make when
producing an information product. Without a well-defined
specific customer base you are fated to work harder and
longer.
Here are 7 techniques that you can use to start from
scratch and drill your niche down to a specific population
that is just waiting with wallets wide open for your
information.
- Brainstorm 40 different ideas. Creativity starts
with an open mind and without criticism. This is important..do
not take something off the list, or assume it won't work.
At this stage you are literally writing down everything you
can think of. The act of writing and brainstorming often brings out creative ideas. Think of your life skills,
problems your neighbor is having, difficulties your family
encounters, skills you wish you had, skills your children
have..just keep writing.
- Organize your ideas and fill in the columns.
As
important as free flowing brainstorming and creativity are,
so is getting those ideas and research organized to fully
evaluate your possibilities. Using either a spreadsheet
(preferable) or a table format in a word processing program set up several columns. In the first column write the
idea, second column holds the number of overture searches
(inventory.overture.com), third column holds the overture
bid price
(uv.bidtool.overture.com/d/search/tools/bidtool/), fourth
column holds the number of printed books on Amazon on this
topic, fifth column holds the number of groups discussing
this topic in yahoo (groups.yahoo.com), the sixth column
holds the number of blogs discussing the topic (search at bloglines.com) and the seventh column is a yes/no to
indicate competition.
- The competition. Each of the first six columns
are
fairly self explanatory once you reach the respective
websites. In the seventh column you are evaluating the
number of competing businesses. Search in Google using several keywords that describe your intended product. Look
down the right column, which are the paid advertisements,
you will determine if there are any information products in
this particular niche. You should also search through
Clickbank.com, an affiliate digital library of information
products. The key here is to find the competition. A niche
without competition is not profitable, so move on. A niche
with over 12 information products is probably saturated;
keep looking.
- Crunch the numbers. Once you have all the numbers
for your searches you can evaluate the idea. These are the
results you want: a topic where the searches are at least
over 2500, there are no searches for 'free' your topic, the
bids for your intended keywords are at least $00.30, there are hard copy books printed on the topic, there are several
groups on yahoo and several blogs that discuss the topic,
and there is at least 2 or 3 information products already
produced.
- Track the Words. Using the list from above take
the top 4-5 ideas and head over to WordTracker.com. This is a paid
service. However you can purchase a one-day 'pass' for
about $8.00 and it is well worth the cost. You will spend
a couple of hours researching these ideas and 'drill' down
to a specific tight customer base. For instance, you won't
produce a product for Realtors but for Realtors working in
urban areas who specialize in homes from $250,000 -
$400,000. You don't produce a product for fitness buffs but for men over 50 who once played basketball and want to
get back into shape. Define your market tightly.
- Blog about it. The
next step is to start a blog about
your topic. Reduce the potential ideas to no more than
three and start a blog on each topic. Post something
everyday on each blog. Add an opt-in list to the blog and offer more information to people who ask for your
resources. Send traffic to your blog using pay-per-click
traffic (if you have financial resources) or article
writing, posting comments to other blogs similar in nature,
add the blog tag to your signature line and join a couple
of groups to contribute to their discussions. Contribute
to the groups though, don't spam, or you'll soon find
yourself on the outside looking in. Start a list of people
who are interested and send them good information.
- Ask some questions.
Your last step is to ask questions.
Use only the topic that received the most traffic and
seemed to have the most responsive customers. What does
your audience want to know? You can ask the list you've
started. You can use PPC to send people to an 'ask me'
page giving a free copy of your book to the first 80 people
who post proper questions and then ask for testimonials
from those people. Watch for coupons from Yahoo for their
PPC product. You can ask people who read your blog and encourage them to post in the comment section. You can ask
people on the forums or read their most frequently asked
questions.
Once you have this much information you are more than ready
to begin producing your information product. You will be
giving your audience the answers to the questions they have
already been asking and your 'sales' process within your
niche will be smooth and quick.
Don't be tempted to skip a step in this
process or assume
you know the answers because you are in the target
audience. You can't know the questions on everyone's mind.
You aren't a mind reader. You are too close to your
project. Trust your audience and ask them!

Jo Han Mok - is a #1 bestselling author and frequent
featured
speaker at Internet Marketing bootcamps and conferences.
Visit his website for a simple step-by-step plan to profit
online in 21 days or less!
http://www.SuperFastProfit.com


|
|