Uploaded by Motorman5403 on Jul 1, 2009
http://www.supportyourdream.com
Cash In With the Power of Niche Marketing
By: Ray Edwards
Today's topic is: How to tap the profit power of niche marketing.
Many people think that you can't make a profit with niche marketing. Ed Dale and Fred Kerr popularized niche marketing with their course, "Underachiever". However, since that course isn't available anymore, people assumed that niche marketing is dead.
Boy, are they wrong! Niche marketing works, and can still offer you a healthy profit. Want proof? My close friend sells over the Internet to obscure markets. Using good marketing principles, he earns about $8000 every month. Even better, his business continues to grow. You can learn these same skills from Internet marketing teachers.
I have another friend, Dr. Andrew Jones, who started as a client, then a coaching student and now a friend. He started with a little $27 e-book in a niche market, and has grown it into a $15,000/month business. And it's still growing!
Wondering how it works? My coaching program teaches you how to tap into niche marketing. There are still a few spots left. If you're interested, you can find more information at www.rayedwards.com/letmein "5k In 30 Days". I'd love to see you there.
NO, I'm not trying to sell you my coaching program. Instead, I want to sell you the idea that niche marketing is an effective way to make profits and grow your business. In this article, I include five simple steps you can take to start niche marketing. Of course, this is only a broad overview, but it is enough to get you started with just a bit of work. You won't have to study marketing or spend heaps of cash to get results. All you need is a bit of work - and I know you're not afraid of a little work, are you?
Here are your 5 steps to building a niche market:
Locate a product. I say "locate", not "create", because a lot of people are intimidated by product creation (even though product creation is the easiest thing in the world to do!). The easiest thing that you can do is locate products by finding private label rights packages that give you the right to re-publish product that has already been created. Now, you may think that these products are not worth your time, because everyone's already seen them, or they don't work, or, or, or The startling truth is that while many people are on private label rights sites, very few actually use those products. So, if you do a good job re-packaging the product, change the title, change the graphics, and you can have a ready-made product in a very short time. I promise you can do this in less than an hour. Just pick one, don't look for the perfect one! Less than an hour!
Set up your sales page and testing software. Most private label rights packages come with a pre-written sales page. Ideally, you don't want to use this forever, but it's a good place to start; then you can test it using Google's Website Optimizer and tweak it to improve your sales.
Link payment pages to Clickbank or Paypal. Both of these sites will process your payment for a nominal fee, which saves you the hassle of setting your site up to process credit cards.
Use Adwords to drive traffic. Set up an Adwords account with Google and go through the great tutorials Google provides to learn how to use it. It's easy!
Repeat.
Ready for one last piece of advice? "How to make money online" is NOT a good niche market to start with. It is a good market, but very competitive. Instead, start with a less-competitive market. Your competition will be less sophisticated, and you will be able to earn as you learn.
Category:
Tags:
- regenesis
- abunza
- cash cow
- cash gifting
- work from home
- make money online
- get rich quick
- matrix 2x2
- residual income
- internet marketing
License:
Standard YouTube License
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