How to find a profitable niche?

“Golden Rule”(Before you proceed to execute the following steps)

DON'T EVER GUESS!

1. Choose the right category (Profitable One)!

This are the niches where most of the money is made of…

Health, Relationships, Money and Hobbies (Golf, Fishing,

Photography, etc.)

2. Do a Market Motivation Research!

What you are looking for is to see if people are massively buying & selling the product that you want to promote or sell.

Within market motivation step, you will be facing high competence. Competence

will be spat into two concepts…

Number one is going to be an indicator that there's a great

market motivation…

Number two, you're going to use competence as your incentive to do

things better than your competitors…

Check google trends for the product to see if the interest has increased or decreased in the last ten years.

3. Do a Market Size Check!

Check market size using Google keyword planner.

a. Use topic based keywords as your main priority…

b. Product based keywords as your second option.

Estimate searches per month

d. If you have over 9,000 you are good to go…

e. If you have less than 9,000 you shouldn't get involved unless you are an expert in the small niche and you are willing to become an authority

on it with all the risks and its entails

Ideal Market size chart!

Under 9,000 SPM (Searches per Month) only for experts

Over 9,000 SPM, Good!

Over 30,000 SPM, Better!

Over 60,000 SPM, Great!

4. Passion Check!

Ask yourself the following questions:

Is there passion involved from my end in that niche?...

Do I have some experience on it?...

Am I a "go-getter" when it comes to those topics?...

The threat of potential obstacles excites me?...

If you’ve answer YES to this questions you will be able not only to make money easy, but you will also be enjoying every step of the

process…

In the other hand, if the niche doesn't excite you, it doesn't mean you can't

succeed on it, it's just that the challenge will be different,…

maybe a bit harder to go through when finding roadblocks!

In a nutshell!

Choose a Profitable Market CategoryHealth, relationships & money

Do a Market Motivation ResearchFind if great amount of people are selling and buying that product

Do a Market Size Check!Get involved with products that

registered over 9,000 SPM

Passion Check!Is this something you enjoy doing,

promoting and working on?

Golden Rule:

Don't ever guess!

In business you can't do things like guessing, it is a recipe for

disaster…

It's like putting the horses behind the wagon! Invest the extra minute or two getting to the end of any

project,…

do your specific research and make sure you are in the range of these 4 simple but highly important steps…

If you ignore them, anytime you add something to your project, it's most likely going to be a waste and you

are not going to be able to find the right solution…

Learn to take calculated risks only but…do not guess!

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