Determining the Perfect Niche for You
As an Internet marketer, determining what niche you want to build your
business around is one of your first decisions. It’s helpful if you know
something about your niche so that you are somewhat familiar with it and
your learning curve is not as steep.
For example, if you are a chicken farmer who has spent the past 20 years
working on an egg farm, you probably don’t want to launch a business
having to do with buying foreign currencies, especially if you have never
traded in Forex in your entire life.
Rather, you probably want to consider capitalizing on your expertise and
working within the poultry niche.
A good place to start is by thinking about your own passions. What sorts
of things fascinate you? What could you talk about for days? If you choose
a passion niche – especially for your first online marketing business – it’s
easy to share your enthusiasm with others.
Do you have a hobby or interest now or have you had one in the past?
Was there a job you had, an educational experience, or some sort of
informal training that you could use as the foundation for building your
expertise?
Benefits of Passion Niches
When you are interested in your niche, it will help to keep you from
becoming bored or frustrated later. But your niche should also be
something your customers are going to want as well.
What you want are niches that have a lot of customers and different types
of products that can be packaged in various ways and priced in the mid- to
high-price range.
Here’s an example: Assume you have always been interested in consumer
electronics, which is an excellent niche. For your first product, you might
choose to promote replacement parts for 3-D HDTVs that cost only $1.25.
While this would be a good product if you are the only seller of those
particular parts after they have been discontinued – because you could
essentially charge anything you like – in any other instance, you would
need to have a huge volume in order to make a lot of money.
Because you want to work in the consumer electronics niche, a better
product might be the 3-D HDTVs themselves.
While they have a much bigger price tag, you could arrange to buy them
through a drop shipper, and each sale could bring you commissions worth
several hundreds of dollars.
Researching Your Niche
Once you’ve selected a niche that you believe has a lot of potential
customers, the next step is to confirm it by conducting niche research.
Measuring the size of a niche market is as easy as going online to see if
there are a lot of competing products already being offered in the niche
you have selected by doing a simple Google search.
Let’s keep our example of consumer electronics.
Go to Google, search “3-D HDTVs” and you will instantly discover
hundreds of competing products within that same niche, meaning you
have hit upon a niche with a huge potential customer base.
The main objective of niche research is to determine if there is a high
demand for the types of products you want to promote.
Visiting these web-based marketplaces can tell you that, because if a
lot of products are being offered in your niche, that means potential
buyers are plentiful.
Evaluating the Competition
To size up your competition, generally the first place to visit is Amazon,
the world’s largest online retailer.
While Amazon is known for selling eBooks for Kindle and other eReader
devices, it actually is the marketplace for practically any type of product
in the world.
So you want to search on Amazon to see what other marketers are selling
that are the same or similar to the product you are considering.
Amazon also provides a lot of data you can use to develop your own
marketing plan even further, such as how many similar products already
are being offered for sale, which are the least and most popular, and the
price range you can expect.
To learn more techniques like these for improving the profitability of your business, check out our lead generation system by clicking on this link now.
Claim Your F.R.E.E. Issue of MOBE Advantage …Today!..The Newsletter
for Business Owners & Investors Who Want to Stay on the Cutting Edge...
Hope this was useful and you that received value!
Thanks for the visit, please like, comment and share...
Until next time...Live Long Long and Prosper!
Talk to you soon,
Stan Fuller
CommitexEnterprises.com
4 Tips for Getting the Most from Your Email Marketing
once was because more people are using mobile devices and texting
to communicate with each other.Young people today text and tweet rather than read emails, so a lot of
younger customers don’t even have email accounts, only smart phones
and social media.
While there’s no question that social media, texting, and other
communications platforms are more popular than email, the principles
of email marketing can be applied to practically any format.
So, even if email isn’t as popular as it once was, these same strategies can
help you connect with customers via Google+, Facebook, Twitter, and even
mobile marketing.
Here are some universal email marketing tips that will help you build your subscription list with plenty of loyal, enthusiastic customers:
1. There’s More to Life than Opt-In Forms
While the opt-in form is one of the best ways to capture contact
information, it’s not the only way. If you already own your own business,
you probably already have a loyal customer base. Why not give them an
incentive to give you their email address by offering special offers,
discounts, or rewards?
You also can invite your social media contacts to join your list and invite
them to recommend you to their social media contacts as well.
Another option is to promote your list in forums and chat rooms, or post
articles or blogs related to your niche subject and include a link back to
your opt-in form in the “About the Author” box.
If you offer your customers something they find valuable to be a part of
your subscription list, then you can grow your list very quickly.
2. Keep On Testing
A/B testing, also known as split testing, is when you send out two versions
of the same email with one slight variation to see which one converts
better. For example, you could send the same email with two different
headlines.
Or, you could change the Call to Action slightly and record which one gives
you with the best responses. From that point on, you can incorporate the
successful version in future emails and achieve better results.
3. Marketing Only to People Who Want Your Products
It doesn’t do you any good to market to people who aren’t interested in
your products. One way to weed out those who aren’t interested is to use
a double opt-in to make certain that only people who really want to be on
your list are added.
A double opt-in is when you send a second email to somebody who signs
up for your list to confirm their subscription. It eliminates people who
don’t really want to be on your list (and it also helps avoid spam
complaints later).
You can also send another email at some point in the future – such as in
six or nine months – asking your list members to confirm that they want
to continue to receive emails from you.
4. You Can’t Afford to Ignore Social Media
Cross promoting your website on social media platforms like Twitter,
Facebook, and Instagram increases your chances of connecting with your customers.
You can invite people on your subscription list to “Like” your Facebook Fan
Page, follow you on Twitter, and add you to their Google+ Circles, for
example.
This gives you the opportunity to exponentially increase your potential p
oints of contact with your prospective customers.
Check out our lead generation system by clicking on this link now to learn
more about improving the profitability of your business.
Claim Your F.R.E.E. Issue of MOBE Advantage …Today!..The Newsletter
for Business Owners & Investors Who Want to Stay on the Cutting Edge...
Hope this was useful and you that received value!
Thanks for the visit, please like, comment and share...
Until next time...Live Long Long and Prosper!
Talk to you soon,
Stan Fuller
CommitexEnterprises.com
7 Dirty Words of Internet Marketing
A famous comic - funny man George Carlin – may he rest in peace –
talked about 7 words you can’t say on TV. Well, this article is going to
tackle the 7 dirty words of Internet marketing.
You want to disassociate yourself from these as much as you can,
if you know what is good for you.
Number 7, and one of my favorites, is “buy.” You NEVER want to tell
people to BUY your book or whatever the heck it is you’re selling.
Buying means you’re spending money on it, and people do NOT want
to spend money … on ANYTHING.
So you want to stay away from this word at all costs. Try something like
“claim” or “immediately download.” This will make them think they’re
getting it for nothing.
Number 6 really applies mostly to the IM make money online niche …
“earn.” You NEVER want to tell people that they can EARN money online.
Earning makes it sound like there is work involved. It’s hard to earn. You
want to use words like “passively acquire an income” or something like
that. Make it sound easy.
Number 5 sounds like “earn” but has an extra letter at the beginning. The
word is “learn.” You NEVER want to tell somebody that they’re going to
LEARN something.
Learning is what you did in school and it’s NOT easy. Nobody wants to
learn. They want the info to magically appear in their head as if by some
genie.
Number 4 is something only a dope would use when talking about their
own site. The word is “scam.” When people think of a scam, they think of
something illegal.
And the truth is, almost all scams ARE illegal. This is such a dirty word,
you only want to use it when talking about somebody ELSE’S site. Just
make sure you can prove it, unless you want to end up with a lawsuit on
your hands.
Number 3 is something a lot of marketers just don’t get. It’s “spam.” This
is the bane of our existence. Spammers have made Internet marketers’
lives a living hell on Earth.
Because of spam, we have more regulations than we know what to do with
… all of which only make marketing that much more of a pain in the arse.
Number 2 is “Ponzi.” Remember the old Ponzi schemes from way back?
Well, believe it or not, they are still around and still getting shut down
every single day.
The last thing you want is to be associated with one of these schemes.
There is only one word dirtier than “Ponzi.”
Number 1 may be the dirtiest word in all of Internet marketing. It’s the
one thing that nobody wants to do. They’d rather eat bugs than do this.
The word is “work.” Nobody wants to work.
They just want to sit back, push a button, and watch the money fall from
the sky. So never, under ANY circumstances, put on your website for your
product that the prospect will have to WORK in order to see any results.
Okay, the above was a little fun for a change of pace. However, there is a
lot of truth in what I’ve said. Remember it if you want to be a successful
Internet marketer to avoid these 7 dirty words.
To learn other ways to increase the profitability of your business, check
out our lead generation system by clicking on this link now.
Claim Your F.R.E.E. Issue of MOBE Advantage …Today!..The Newsletter
for Business Owners & Investors Who Want to Stay on the Cutting Edge...
Hope this was useful and you that received value!
Thanks for the visit, please like, comment and share...
Until next time...Live Long Long and Prosper!
Talk to you soon,
Stan Fuller
CommitexEnterprises.com
The Economics to a 6-figure Income…
Getting daily sales means nothing if this isn’t set-up first and
foremost.
The economics of a j-o-b is usually an easy one.
But the “simplicity” of your earnings online can be a bit trickier
for some.
For example:
If you’re applying for a job, they’ll make you an offer.
$25 an hour.
$500 commissions.
$75,000 yearly salary.
And so on…
It’s very cut and dry economics, isn’t it?
You need a certain amount of income to cover your necessary
living expenses, and anything BELOW that, isn’t a viable option
for you and your family.
This same process SHOULD apply to what you’re doing online
as well.
You must ensure you’re able to turn a decent profit for whatever
effort you’re putting into your business.
Otherwise, it shouldn’t be considered as a viable option for you.
Think of it this way:
1. Advertising is necessary in order to automate your business
and find new and consistent buyers.
2. Whatever cost your product or service is, minus the advertising
costs to acquire that customer, is typically your earnings potential,
minus other business expenses.
e.g. $250 to get new customer. $47 sale.
With those economics?
Ouch.
You’re losing money every sale.
Now this is where economics don’t work in your favor.
Of course there’s a simple solution…
If it costs you $250 to acquire a customer, (and you can find out
your exact cost simply by researching the “averages” and testing
things out for yourself) then…
You simply MUST have offers above that price point, right?
The new success standard isn’t, “Whoever spends the less on ads
wins.”
It’s, “Whoever can spend the MOST on ads wins.”
If you’re earning up to $1,000 per sale for example, how many times
would you be willing to pay $250 to acquire a new customer?
As much as you possibly could, right?!
And THAT is how you scale up to 6-figures and beyond.
By working smarter.
Not harder.
Hope this helps.
Many just don’t truly consider the economics of this business.
And so it pays them like a hobby.
A very expensive hobby at that.
If you’d like to get not only up to $1,000 commissions, but up to
$10,000 commissions?
And if it makes sense and seems like a great fit for what you’re doing…
===> Check this 21-step system out today
It starts you off with the economics of your business in mind, so you
can get up to a 6-figure income, part-time.
Plus this allows you to scale your business up profitably and predictably.
Got to run.
To learn more techniques for improving the profitability of your business,
check out The Pre-Built Online Marketing System That Makes Sales for You
Claim Your F.R.E.E. Issue of MOBE Advantage …Today!..The Newsletter
for Business Owners & Investors Who Want to Stay on the Cutting Edge...
Hope this was useful and you that received value!
Thanks for the visit, please like, comment and share...
Until next time...Live Long Long and Prosper!
Talk to you soon,
Stan Fuller
CommitexEnterprises.com
Do You Have a “Success” Mindset?
Do you have a success mindset? Or are you living from one month to
the next…
Unfortunately, most businesses don’t properly plan for the future,
and they don’t build systems to scale.
But we’ve solved that problem.
For the next 72 hours, Matt Lloyd has authorized the first 100 people to
respond to this email to get a free issue of the new MOBE Advantage
newsletter ($297 value).
You’ll get unlimited access to the hardest-learned lessons that helped
Matt Lloyd go from zero to over $150 million in less than seven years. .
Every new issue includes at least one article teaching you how to create
(or improve) your Mindset, and it’s the only newsletter where you’ll learn
things like:
How to model the “thinking patterns” and daily habits of the world’s
most successful business owners and entrepreneurs…
How to focus your time on high-level activities that grow your
business exponentially…
How to overcome “learned helplessness” and take ACTION…
How to reprogram your mind for success…
And how to set “impossible” goals and achieve them every time.
Marketing is the lifeblood of your business, and this breakthrough
newsletter gives you the secrets you need to consistently bring in
new leads and customers.
Inside every issue, you’ll find many ideas, and the right idea or secret
applied correctly could make or save you thousands–maybe even
MILLIONS–of dollars for you in the next few years.
Matt Lloyd, the founding editor of MOBE Advantage went from a small
office in his bedroom with NO money, to generating $150 million with
his company in less than eight years.
Along the way, he’s established relationships with some of the world’s
top experts on investing, copywriting, scaling, and creating a “success”
mindset.
For the next 72 hours, Matt has authorized a special invitation for the
first 100 people who respond to this offer…
To celebrate the launching of this newsletter, he’s offering the first 100
people a free “test-drive” of MOBE Advantage (a $297 value).
But spots are limited, so claim your FREE issue of MOBE Advantage here.
To learn more techniques for improving the profitability of your business,
check out The Pre-Built Online Marketing System That Makes Sales for You...
Hope this was useful and you that received value!
Thanks for the visit, please like, comment and share...
Until next time...Live Long Long and Prosper!
Talk to you soon,
Stan Fuller
CommitexEnterprises.com
Stan Fuller: Success Coach
Archives
- April 2019
- February 2019
- January 2019
- November 2018
- October 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
Categories
- 4 Tips That Will Help You Make Money Online
- Affiilate Marketing Training
- Financial Freedom
- Internet Marketing Training
- Make Money Online
- Making Money From Home
- Online Business
- Online Business Training
- Online Marketing Strategies
- Pearls of Wisdom
- Personal Development
- Press Release
- Product Review
- Uncategorized