The latest edition of the Markteing Advantage newsletter is available for you to view here.
It covers 2 major topics:
- How you can make money from perhaps THE hottest niche in the world.
- How you can start your own online services business, selling all sorts of skills to millions of people who want them. Watch it here:
DigitalResaleRightsPro.com clients, you get both the video and the powerpoints to the video with PLR 
If you’re pulling your teeth out trying to identify hot new niches to set up your site in, then my new book “Finding Big Money Niches” will hit the spot. And, what’s more it’s free (for now anyway):
Here is a summary of what’s inside:
- Why you need to evaluate a niche before jumping in blind
- Keyword searches and how to find high paying niches with them
- The psychology of top paying niches (understand this & make money with every niche site you create)
- 4 of the highest paying niches in today’s internet world (CPA of $100 per lead as an example)
- How to analyze any niche inside out & find out how much you could make with it
- Over 20 free site resources that will help you uncover the best niches around. Stop paying gurus silly money for things you can get free!
Or…Take A Look At My Own Exclusive Niche Business Site Development Offers…
1. Become An IM Resell Rights/PLR/ Membership Site Guru
Hosting Included | Your Own Hosting
2. The Evergreen Diet & Weightloss Niche
Hosting Included | Your Own Hosting
3. Online Dating
Today, you can download a short, insightful report about a really red hot niche that can offer site owners good commissions, sometimes without even selling anything.
It’s a niche that I’ve brought to you before – online dating – and you can see the opportunities it brings by downloading this zero cost (and no opt in) PDF report right here:
http://www.digitalresalerightspro.com/free/odniche.zip
Sometimes, as internet business owners (especially for those just starting out) we can get a little blinkered. Fact is, IM is not the only niche, and if you like things like CPA where you get paid whenever your site visitor even fills out a simple form without buying a thing, then you need to explore niches like online dating and others like it. Without giving the game away, this is a niche that is worth over a billion USD per year. Ultimately, you need to be in an industry where there is cashflow – or else, how would you expect to make money? It may be for you, it may not.
Download the guide and get the facts.
More Zero Cost Information About Power Niches…
Most of my subscribers have already downloaded Niche Business Empire – it’s the book written to show you how to identify hot niches for yourself, and also presents you with seven or so potent niches in todays world. In case you have not downloaded this, here is the download link for you:
http://www.nichebusinessempire.com/nbecvb.htm
Remember, to really create a business for yourself online you must do your due diligence and spend time to research a niche that has potential. Where there are buying customers (and lots of them). Where there is a good affiliate infrastructure. And where the trend for the niche is on the whole on an upward curve. Pick the wrong niche, and the truth is you are dead in the water.
By the way, if you’d like me to custom build a full internet business for you within this niche, for a throwaway investment take a look here:
http://www.nichebusinessempire.com/onlinedatingspecialoffer.htm
http://www.nichebusinessempire.com/onlinedatingclhst.htm
Why Picking The Right Niche Will Either Make You Rich (Or Poor)
Before we start, you can pick up my brand new Niche Business Empire book worth $97 here:
Most people think that you only start making money on the internet when your site is set-up and when the traffic starts spilling in.
WRONG
Your fate as an internet business owner is signed, sealed and delivered the MOMENT you decide on a specific niche to enter. It’s the reason 95% or so of people just can’t make more than a few bucks online. They opted for the wrong internet niche to set-up in.
I’m not joking, but I’ve seen “gurus” promoting the following types of niches in the past. I’ll tell you why the poor people who set-up in these niches are not making anything more than pocket money within them:
- Halloween : It comes around once a year, plus it’s very difficult to monetize a Halloween site. Most people will buy costumes from their local toy shop, and the demand for this type of site is low. When you have a seasonal niche that is hard to monetize…you’re not going to make much money – now THAT’S scary!
- How To Rid Yourself Of Headlice (Home Made Remedies): I’ve nothing against people with headlice or any type of personal hygiene issues. Nevertheless, (and I don’t mean to be judgemental) it’s unlikely that someone who requires assistance removing ticks from their head is likely to spend an awful lot of money on your site. Again, the issue of how to monetize the site rears it’s ugly head. Even if you get traffic to the site, how will that traffic convert to revenue for you? It wont.
Now granted, these are two extreme examples – but there are thousands of other wishey washey niches that are out there with low to zero potential. Most of the time, I can just look at a niche and say yes or no in terms of whether it is worth my time and money to enter (mostly it’s NO).
Now, here’s another thing that you must write down that is KEY.
“Whether You Choose A Poor Niche Or A Rich Niche – You Will Need To Invest The Same Amount Of Marketing Effort To Get It Off The Ground…So Choose WISELY!”
It’s true – if you want to seriously make money from your internet marketing endeavours, you’ll need to spend a lot of time and energy marketing. Driving traffic. It’s NOT rocket science but it requires some effort on your part (or a marketing budget if you want someone else to do the work).
What Every Millionaire Niche Marketer Understands …
We know that choosing the correct niche is the KEY in making long term income online. Now, assuming you’ve been able to do that here are the most important factors in making sure your new business makes money hand over fist!
If you can do the following, you’ll be able to set-up as many successful online niche businesses as you desire. And that should be your ultimate plan – to have ten, fifteen POWER niches all pulling in four figure per month revenues for you. It will not happen overnight – but you CAN work at one new business per six to eight weeks (full time). That means within a year you could have multiple internet businesses all working for you…that brings both security and prosperity.
Let’s not get ahead of ourselves though! Here’s a summary of everything you’ll need to have in order to make this work for you
1. The Correct Mindset – This is KEY. You have to LOVE the internet, and being an internet business owner. You have to accept the challenges and the workload. You have to allow TIME to let your business work and not fold just because the first month or two aren’t doing as well as you want.
It’s a long term effort – if you don’t accept that then honestly, save yourself a lot of hassle and don’t get into this game. It’ll eat you alive. If you can live with that, and take a long term approach, this industry will reward you handsomely. If you don’t believe that, just ask some of the gurus who’ve been around for three years, five years or a decade or so. For them, it’s not about IF they make money, but HOW MUCH they make. But…patience is KEY.
2. Your Site Is Your Place Of Business – Make Sure It’s PERFECT!
Remember, your site is your shopfront when it comes to the internet. Unfortunately, many people just don’t GET it. They set up sites that are ugly, poor to navigate, have poor content (etc).
I’ll tell you frankly – I know my way around site set-up and it is NOT easy. The simple fact is that I now hire professionals to set-up my site because there’s no way even with my expertise I can set-up high performance sites. If you’re reading this as a newbie, you have 2 choices – first, invest months/years in time and a lot in design courses/tools to be able to design yourself a professional site – or outsource it and spend your time and energy on the more important part of marketing your site and getting business to it. In the offline world you wont see a business owner building his shopfront from scratch – yet online, so many newbies try and set-up their own sites and make a complete mess of it.
It’s the same thing regarding your site content – it MUST be top notch. These days you should have not only quality content but also multimedia videos that are informative. It’s time to write down something again…
“I’ll Say It Again- DON’T Skimp On Your Site – However It’s Built, Make Sure It’s Professional Looking, And Includes High Quality Content & Multimedia…If You’re A Newbie Get It Outsourced As You’re Unlikely To Be Able To Set-Up A Great Site Yourself”
3. Understand That Marketing & Traffic Generation Is What It’s All About – This Is Where You Need To Focus Your Time, Energy & Budget On
Pick a niche. Crucial. Set-up a professional site – essential. And the last piece of the puzzle? Market and drive traffic to it. If you can master these three things, you’ll make more money on the internet than you ever dared dream. You’ll be logging into you Paypal account and wonder where on earth it’s all coming from.
So, let’s look at the “marketing” aspect of your niche internet business empire.
a. There’s No One Size Fits All For Niche Marketing – There are more internet marketing techniques and systems than there are fat headed gurus trying to promote big ticket courses (I know that may seem improbable but it’s true).
You must understand, every different internet niche has it’s own business dynamic. It has different portals of traffic. And it requires a different approach to each. The fact is, unless you seek out expert help you’re just going to have to get your hands dirty and try different marketing approaches for each niche you set-up in.
For example, internet marketing giveaways are a fair source of traffic for the internet marketing niche (arguably now less effective thanks to the glut of giveaway scripts and thus crappy events…but still effective). However, this is a terrible way of trying to get business and leads for say a travel site. The giveaway just does not exist in the travel industry – and even if it did it would not work terribly well.
So, you need to research the marketing requirements very thoroughly for your chosen niches – or you’ll have spent a lot of time and money on something that you can’t even drive business to.
b. Marketing Is NOT Rocket Science – Even The Freshest Newbies Can Drive 100 To 200 Unique Site Visitors Per Day Once They Master The Marketing Basics
Internet business is largely a numbers game. Marketing for your internet business requires a basic understanding of how many hits (unique visitors) the different marketing methods can get for you.
Remember, to learn about the highest paying internet niches, and to learn how to set up a business for them pick up my free Niche Business Empire book.
It’s shocking. 99% of affiliates are still turning their backs on the cost per action revolution that has been available to wise marketers and site owners for a couple of years now. It’s shocking that 99% of people would rather earn a $20 commission by trying to sell a product…rather than earn the same amount just for sending a lead (visitor who takes action) to a company.
What CPA Is – And A Look At Why It’s So Powerful
Typically, how CPA works is as follows:
1. You have a blog about diets, weight loss, fitness. You have some traffic coming to it already which is interested primarily in losing weight.
2. You see that Product X which sells diet pills offers $50 per lead for every visitor you send them who requests a free trial for the product.
3. You join the CPA program, put up the banner for the free trial and let your traffic do the rest.
This is exactly why CPA is so powerful. Your site visitor does not have to buy a thing in order for you to get paid. They only have to request the free trial and you get paid $50 (typically they would pay $3 or so for shipping – most people who have an interest in diet pills would willingly do so).
Above – A typical pay per lead offer. When your site visitor requests a free product sample, you get paid – in the above example, $50 per free sample requested. More on this CPA here.
By the way, this example was not plucked out of thin air – in the diet & weight loss business development program I offer, this exact PPL program was available.
This is why CPA is the leading earnings opportunity for affiliates and site owners everywhere. No where else can you generate such lavish commissions without even guaranteeing the vendor a sale. No where else can you simply send the traffic and get paid. Plus, because CPA opportunities tend to be offered by larger companies with larger marketing budgets – they typically have very good support materials for affiliates (like animated banners etc).
Why CPA And PPL Is So Lucrative? As The Adage Goes, “It Takes Money To Make Money”
It’s quite simple. The big PPL/CPA offers tend to be in big, financially lucrative niches. Why would anyone pay you $20, $50 or even $100 just for sending them a targeted lead? Because what they are trying to sell (the ultimate product or service), can generate multiples more in revenues for them.
Would you mind paying $50 if you can generate $5,000 or more in return (even if it’s over a period of time)? That’s how the big companies in the big niches think too. A health insurance company knows that it may need to spend $25 per lead to get a targeted prospect to it’s site…but if even a small percentage of those leads sign up, they could be seeing $3,000 commissions per year for several years as a result. It makes sense. It works for the vendor. And goodness, it works well for you and I.
Some Problems With CPA And PPL – You Need To Be In The Right Niches
The problem with CPA is simple – you need to be in the right niches to get paid the big amounts. There are many niches where you only get a few cents or perhaps a dollar per lead. Pretty uninspiring.
Another issue with CPA is that offers tend to be somewhat fluid. They come and go, so you need to continually be on the look out for the best latest offers and update your sites accordingly.
That’s why you really should do a lot of niche research before stepping into any niche. It’s the most important part of setting up an online business. Below, I’ve outlined some of the highest paying CPA and pay per lead niches around today. The links will take you into the business development site for each, but you don’t have to buy anything – you’ll benefit from the research alone.
Four Of The Highest Paying CPA And PPL Niches I’ve Seen (These Values Will Change Over Time – But These Niches Should Always Offer Good CPA’s)
Diet & Weight Loss – $50 Per Lead
Debt Help – Upto $32 Per Lead
Health insurance – Upto $60 Per Lead
More CPA & PPL Resources
Free – Niche Business Empire: How To Identify Potent Niches & Set-Up Profitable Sites For Them – Over & Over Again.
CPA Tsunami – Mentorship & tutorials on making money through every aspect of CPA
CPA Video Tutorials (Get Them Free As Part Of A DRR Membership)
Recently, I saw an interesting documentary on the credit crunch that’s really started to bite economic powerhouses such as the U.S. my own U.K. and many European countries among others. It starts with an entrepreneur named Sue who’s locking up her toy shop at the end of the day – for the last time ever. Sue is one of an alarming number of small business owners who are FOLDING due to the credit crunch – it’s bad enough that people are now unable or unwilling to spend money on many things (and unfortunately for Sue, oversized novelty elephants sporting pink sunglasses certainly fall into this category – one of thousands of stock items that remain unsold in Sue’s shop). But the credit crunch has made low cost credit incredibly difficult to get hold of. Like thousands of other businesses, Sue is unable to get a loan to service her working capital requirements, like paying her staff or the rents during this slowdown.
Sue explains to the camera with a sigh, that in fact she needs to make over $600 a day just to break EVEN – yes, before even a single penny has been made in profit. When asked how much she’s making on average these days, she reveals that she may scrape together $80 or maybe $150 on a holiday. A long haul short of what she needs to keep this business operating on a surplus.
The thing is, this is indicative of what’s happening to MANY small and medium sized companies. Someone has to say it, but the debt bubble that has evaded the pin for decades has now burst in the most explosive way. When cheap credit vanishes in the bricks and mortar world, only strong competitive businesses with underlying profitability and clear unique selling positions survive – because cheap credit can plaster over the cracks in a fundamentally unsound business…but when that credit goes, the structure collapses.
Online, it’s a different story altogether for many internet entrepreneurs. Take for example, Johns Wu, a 22 year old who recently sold his 2 year old finance blog (bankaholic) for a cool $22m – look at the site, it’s really nothing special but the fact that this fellow turned it into a clear, well laid out site that had traffic streams built in, means he ended up with a payday that has allowed him to retire. In fact, the majority of online niches are booming – from travel and finance to internet marketing and more. Because, when you build your site right, and you can find your target customers, an online business can pretty much make money in a variety of ways with minimal capital requirement. It’s an entrepreneur’s paradise.
Now, lets get into the ring and see just why an online business can kick lumps out of an offline one.
1. A Website Or Blog Requires Minimal Start Up Costs – A Bricks & Mortar Business Requires Big Capital Investment Before It’s Made Even A Dollar
OK, if you don’t have the technical aptitude to get a quality site or blog up and running you can still hire a professional to get one developed. But after that, you can professionally host a site with autoresponder for under twenty or so bucks a month. A site also incurs no significant maintenance charges – by contrast, an offline business has immense overheads that the online entrepreneur does not (necessarily) incur – real estate, rents, insurance, repairs, staff costs…the list goes on. The more expenses a business faces, the harder it is to break into profitability and the more likely (especially when the economy faces a downturn) it will fail. That’s another point – when a website fails, the loss is typically minimal (if it’s one that has been set-up by a solo entrepreneur). When an offline business fails, the potential loss to the owners can run into the tens or even hundreds of thousands. Online business wins round one then.
2. Online Business Allows Switched On Entrepreneurs To Utilise Technology To Earn From Multiple Sources.
It is difficult for traditional bricks and mortar businesses to form true, mutually beneficial alliances. Take Sue for example – how could she generate additional revenues from people who come into her shop? She really can’t.
In the online world, the site/blog owner can generate income from a variety of sources – they can offer their own product or service, they can affiliate with potentially hundreds (or even thousands) of affiliate programs. They can generate additional income just by referring leads (CPA) to other companies within their industry. Unlike Sue, they can offer people who come onto their site an option of sending them newsletters if they wish to hear from them again. They can form JV partnerships with authority sites in their niche, and technology means they can offer all sorts of payment structures to make sure it’s a win/win. The possibilities online are endless.
Round 2 goes to online then.
3. Online Is Global – Offline Is (Mainly) Local
My website and blog network is open to anyone in the world, 24/7. There are no opening or closing hours, there are no sassy minimum waged till donkey’s giving out attitude to my valuable customers. Someone from the U.K. or India, or China, or USA (etc) can buy any of my products and services and (in digital cases) download the product right away, without them even having to put a foot outdoors and brave the nasty weather, or without me even knowing about who they are or what they look like. It’s global commerce in the truest of senses. It’s marvellous.
With small offline businesses, this is not so. Generally, an offline shop will operate within a specific geographical boundary. Their clients are typically within that boundary, so a book shop in Potters Bar will sell to the residents of Potters Bar. No one from Trotters Bottom (yes, it’s really a place in England) will go there.
You could argue that it’s possible to start a chain of stores – but unless you have the capital backing of Donald Trump (or someone of his ilk), building a chain of offline businesses is remarkably difficult, and expensive. And woe betide if you grow too fast during the good times…because when the economy slides, you quickly have to slash your overheads by shutting down shops. In my near decade of doing business online, I have never had to shut down a website or made a loss on one. Not even old Trump can say that about his business record.
That’s three rounds, and it’s a knockout.
Now The Obligatory Disclaimer – It’s Not Always Rosy Online Either
Look, what I’m saying to you is that if you’re at the point of having to decide “online or offline”, it’s an easy decision from my view. But, there are many challenges to meet even when you’re trying to develop an online business.
First, be careful who you take advice from and what you buy. There are sharks out there selling digital snake potions. If you’re new, they’ll eat you alive. There are also clueless people trying to teach things they don’t know (as a famous Politian said, you can put lipstick on a pig, but it’s still just a pig). Because of the vibrant online business conditions, people without any real credentials, ability or substance are coming online to make a fast buck. Don’t fall for everything you see.
Second, choose your niches soundly, after doing your due diligence. Contrary to the hype, developing and marketing a business online requires a fair bit of time and effort. Marketing a good niche requires as much time as a rubbish one, but the end results will be wildly different. So When they try and sell you PLR on headlice remedies, promising that it will make you wealthy…use your loaf and close the browser.
Finally, remember that it takes time, patience and effort to start any business from scratch. Even with the best site or blog, you need to allow yourself a little time to market it and turn it into an authority site that generates traffic on demand. It doesn’t happen overnight, but once you uncover the method that works for you, you can duplicate it – over and again.
By the way, for every resource video and software you need to set-up, market and grow your own internet business please check out DRR.
Today, we look at what types of niche internet businesses to potentially consider setting up for the coming year. Hopefully, over 2008 you’ve managed to set-up a handful of quality niche sites and are starting to see good returns from them. Certainly, over the past 18 months I’ve handed you some gems that should now be coming home to roost – the debt help and credit repair one (first highlighted in 2007) is beginning to gather pace, as is the foreclosures niche to name but a couple.
It’s certainly been an eventful 2008. The economic disaster that had been looming for years, threatening to cut short the credit fuelled boom in many global economies finally did – and did so pretty convincingly. Some huge Fortune 500 companies (and their UK equivalents) that many thought to be unsinkable went into liquidation. And that process is still going on, as market forces put fundamentally weak businesses with flawed business models or over-geared balance sheets to the sword. Who can forget the sad image of a cringing Dick Fuld (CEO of Lehman Brothers) in front of a panel of US Congress, trying desperately to explain how his mighty financial empire, which reported a record year only some months ago, could now be in the position of going bust.
And it doesn’t stop at just the banks. Throw a dart at the stock pages of the Financial Times and there’s a probability that you’ll strike a company that’s struggling to survive. The huge auto industry, once the very backbone of the U.S. economy has taken a seriously bloody nose – the big 3 have experienced such a downturn that they simply cannot survive (at least not without a huge blank check courtesy of the U.S. taxpayer).
So, aside from maintaining and growing your existing niche businesses, will you still be able to set up thriving sites and blogs in 2009 and enjoy the same level of profits? Surprisingly, the answer is actually “yes”. Whatever the economy is doing, some businesses and some industries always prosper. There is often a “transfer of wealth” during times of economic uncertainty, which means that there is always an opportunity to set-up niche online businesses that have outstanding potentials for revenues. But, make no mistake over the next 2 years it will become more crucial than ever before to identify and penetrate only the strongest niches with the biggest financial muscle. It will be more important than ever to follow the correct advice, and steer clear of the insidious “1000 niches in a box” type junk that’s floating around. And, now more than ever it has become crucial to select only the pedigree niches to set-up shop in, and back them all the way. Luckily, that’s what I’m here for…
How To Pick Your Online Niches In 2009? Time To Get Defensive…
In 2009, our online-niche-business set-up strategy should be to get into defensive industries that are more resilient to economic downturns. Niches for which online business is on the grow, where advertising spends (be that via pay per lead and Adsense or pay per sale) continue to be strong.
Often, these are niches where the underlying products/services are a “need” rather than a “luxury”. Because, this is what people look for when times are tough. This is why (in the UK), luxury supermarkets like Marks & Spencer and Waitrose have experienced downturns while the budget supermarkets like Aldi have actually increased their market share and profits. And, this is also why the car industry has all but collapsed – the sudden unavailability of cheap loans coupled with people scaling back on luxuries (of which a new car is certainly one) is responsible for the deep plight of this industry.
That’s the bad news – now here’s the good news. The internet as an economy within it’s own right is STILL growing. Businesses from far and wide, across countless niches are continuing to report that a greater percentage of their sales are being generated online. The number of global online browsers and shoppers also continues it’s march north. So, now is still a very good time to set-up new online blogs and websites in the RIGHT niches. In fact, get in the correct niches, and get the delivery right and I can all but guarantee you won’t even know there’s a slowdown. Amazing things are happening online.
If you’d like to know about a new niche that ticks all the boxes then check out these niches below which should perform well in an up, down or sideways economy:
Today, we’ll take a very stark look at how your choice of niche can have a profound effect on what type of returns you can achieve from your niche site portfolio. If you’re a seasoned internet business entrepreneur, perhaps you know these niche picking truths…but if you’re a newbie who’s mind is continually flip-flopping on whether to set-up in this niche, or that…then could well be an eye opener.
Because, 95% of newbies venturing into the world of online business tragically choose poor, low potential niches. The fact is, the industry you choose to enter is one of the most important decisions you’ll ever make.
Despite what else you may hear, the amount of time and effort involved with marketing a rubbish site in a penniless niche is equal to the time you’ll spend on a good one. The results however would of course be remarkably different, so it’s crucial to pick wisely. You only reap what you sow, as the old saying goes.
So, how can you make sure you only choose niches that are bursting with opportunity and potent financial rewards for website owners? Start by checking the following are in place:
1. What’s The Financial Power Of The Niche?
Ultimately, the amount of money swirling about withinin any industry determines an awful lot. The financial muscle impacts how much the companies and advertisers spend on things like adsense & pay per lead. This trickles down at every level, and a blog or site in a ferociously wealthy niche will fare MUCH better than that of a mediocre one.
Take the health insurance industry itself. This is an industry that has about $2,873 billion of trade per year. That should TELL you something about what the potential is for everyone involved with this market – that, if you get it right, you can take a little piece of that pie. Compare it to some of the other niches, and it’s a GIANT by comparison. Ultimately, to get paid the big bucks from your blog/site you need to be in the big niches.
Always do your research – read some reports – talk to insiders or people of authority within any niche you’re planning to penetrate. Make sure the money’s really there, or it’s just not worth your while to get involved. Then, once you make an informed decision back yourself and go all out to make it work.
2. Is The Industry Growing, Shrinking Or Stable? Is There A Trend Change To Take Advantage Of Or Be Wary Of?
A while back, I wrote in my newsletter about the importance of getting into a growing, or at least stable niche if you’re building for the long term (which everyone should be). Take online travel as an example – the emergence of the internet has had a seismic effect on the travel bookings and research industry…with millions of people transferring the research process and booking of their holiday and travels from offline to online. This is why a number of online travel agents have grown so powerfully, and wiped the floor with the more traditional high-street travel agents (many of whom have gone bust, or moved online to survive).
Online travel is a living, breathing example of an industry that has boomed in a big way from a trend change.
3. “It’s The Economy Stupid” – Understanding The Local & Global Economy Before Setting Up Shop
If there’s one thing my financial background has taught me, it’s that you just can’t ignore market forces. So, anytime you’re choosing your next (or first) niche site to open, keep your finger on the pulse as to what’s going on out there.
In a boom, you can practically open any site and (assuming you’re able to draw traffic) it will probably do fine. Ask someone who runs any type of luxury site in today’s choppy economy, and they’ll tell you that sales are down in a big way. People are more reluctant to spend on the frivolous items that in a better climate, they would have purchased without a second thought.
Not all businesses struggle in a downturn – in fact, I read a report some days ago on how the infamous “one pound shops” are doing a roaring trade in the streets of London since the economic downturn. As are the pawnbrokers, due to the lack of affordable credit. And the budget supermarkets. Some places do well, or are unaffected by downturns – typically, these niche tend to be in essential industries where the product or service is a need rather than a want. This brings me back to the health insurance niche – people need health coverage in bad times as much as good times, which is why this niche will not be affected by the savage global downturn that has already crushed entire market sectors beneath it’s foot.
Usually, a little common sense is all it takes to make sure you pick a niche that will not vent spleen everytime the economy slows down, and spit you out in the process. This is not the first global slowdown, it wont be the last – so use it as a way of setting up a niche that’s good for all seasons. After all, your website portfolio should be as balanced and resilient as your stock portfolio – there should be a good mix of defensive and aggressive blogs/sites that will keep your income growing no matter what the economy is up to.
4. How Many Buyers Are In The Niche? What’s The Average Price Of The Product? Is It Residual?
Different people will tell you different things about whether the number of people in a niche matter. From experience, I can tell you that it does. Having a blog in a niche that is crawling with millions of cash rich buyers is far better than being in a niche with a few thousands where people don’t have the resources or mindset to spend. That should be from the textbook of 101 frikin obvious niche marketing strategies, yet some gurus keep bleating on that the number of people in a niche don’t matter. Sorry, it does – and if they owned a site for one of the Halloween costume niche PLRs (or whatever) they’re trying to peddle, they’d find that out pretty quickly.
5. How Will YOU Get Paid? Strength Of Affiliate Sale Commissions, Pay Per Lead, Adsense And So On
If you want to get a little hint at how strong a niche is take a look at the sort of payments that leading companies offer their affiliates. Again, this ties in directly with many things we’ve seen above like the financial muscle of the niche, the price of the product, the number of buyers and competing firms. Rich niches have money to pay handsomely for their leads. Poor niches don’t. Despite this fact, I see more newbies choosing to enter useless, impotent niches instead of the true paymaster industries. It really astounds me. Because, why would anyone want to settle for a niche with a few thousand prospects where you can only earn a pittance, when for the same effort and investment they could get involved with a niche crawling with millions of cash rich buyers and where the returns are countless multiples bigger.
See, when trade is measured in terms of billions of dollars, that acts as the engine that drives online companies to pay you (the blog/site owner) bigger and better affiliate commissions, and pay per leads, and Adsense. Because the managers of these companies know exactly what the worth is for each lead that they get through your blog /site – and a lead from a health insurance blog to a company selling health insurance is worth MUCH more than the lead a Halloween costumes company gets from a Halloween blog. The Halloween costume lead may get a $40 sale for the company. The health insurance company lead may result in a $5,000 per year revenue.
That’s exactly why the Halloween company can only offer a few cents per Adsense click. And why the health insurance firm is willing to pay upto $60 per lead, and bid upto twenty bucks on some Adsense keywords.
Yet, even as we speak countless of eager entrepreneurs will be downloading a box of 100 niche site type package, and excitedly setting up their “make your own chocolate” sites, and “peacock grooming” and “lice remedy” type sites…not knowing that, because of the very reasons above, they are doomed to failure. It’s really quite unfortunate.
But, you know much better. So, make sure you set up shop in only the very best online niches that will give you a real chance of getting good revenues.
Over the years we’ve looked at some magnificent niches together. Today, I’ve got something for you that is not only one of the most financially rewarding niches for blog owners to be part of – but, according to several world leaders, will be one that could keep growing for decades.
So, if collecting blog returns of $32 per lead sounds good to you – if you’d rather be involved with an online industry where the top adsense bids are thirty five bucks a click rather than three dollars fifty – and if you wish to be part of a set-up where millions of new clients will be coming online over the next few years years, then you’ll like this niche a lot.
Learn More About The Debt Help Niche & Get A Debt Help/Credit Repair Business For Under $70
Out of all the niches I’ve analysed recently, this is about as close to a perfect ten as it’s possible to get. Here’s why:
1. Today, One Of The Most Powerful Long Term Niche In The World For Blog Owners To Get Into Is The Debt Help & Credit Repair One – The Potential Returns For Site Owners Are Staggering (And Rising Fast)
It’s desperately sad when you flick open the newspaper and you’re met with gloomy news about the unprecedented levels of personal debt that millions of people in the UK & US have racked up. It’s sad when you read that one person in the UK goes bankrupt every five minutes. And heartbreaking when you hear that foreclosures are close to all time highs.
Unfortunately, the debt bubble has been expanding for years – and those with a sound understanding of global finance knew a long time back that what is happening today was inevitable. The simple fact is that tens of millions of people in the UK and US alone have borrowed more than they can afford to pay. These people are struggling in the biggest way to pay for things, like their credit card balances, mortgages, often even utility bills like gas and electricity – and now, all of these people require advice and services on issues relating to debt help and credit repair, all at the same time. There aren’t nearly enough blogs and websites around to meet this flurry of demand – and over the next few years the situation is only going to go from bad to worse as the global economic downturn deepens and an increasing proportion of the public fall into the bankrupt and debt-trouble category.
What has resulted is a massive increase in the demand for debt help, loan consolidation and credit repair companies. Even as we speak, countless people are searching for terms like “debt help services” and “help me fix credit”.
To illustrate the issue, take a look at the following snips of research:
- According to a recent speech by UK Shadow Prime Minister David Cameron, every baby born in the UK today does so with £17,000 of debt before it even takes its first breath. In recent times he has said that the UK population now faces a future of debt – one that will last an entire generation. You can believe him when the national statistics for personal debt in the UK stands at $1.4 billion, and that of the US at over $10bn.
- In the US, bankruptcy filings have increased by over 50% in the space of one year.
- Such is the demand for debt help/credit repair services that some companies are growing at rates unseen in the industry, with some having to turn away new potential clients as they just do not have the capacity to take them on.
Look – historically, since the introduction of the credit system, the debt help/credit repair niche has always been a lucrative industry. For both good and bad times. However, today it’s been ear-marked as one of the most high-growth ones anywhere…and one (if top economists are to be believed) that will continue to outperform for decades. Unless the credit system fails (it wont) this is one niche that should be the star of your online blog /site portfolio.
That’s just setting the scene – next, we’ll take a look to see exactly why this trend could mean big things for you.
2. Why Owning Your Own Blog In This Niche Today Could Leave You With A Source Of Residual In Come That Lasts For Your Whole Life
Sorry. That sounds so very hyped. But, if you’ve read my newsletters and reports over the past decade you know that I call it as I see it. I’ve slammed lots of niches and lots of products within the PLR/niche industry for being pretty toothless.
A niche is only as good as your ability to make serious returns within it. So, what am I supposed to say when this niche:
- Already has millions of clients within it, with tens of millions more to come in the next few years alone.
- Offers blog owners among the highest Adsense, affiliate and pay per lead returns available anywhere. Top Adsense bids command thirty five bucks per click, and PPL gets to $32 per lead without your visitor having to even buy anything. That’s not hype, that’s fact and inside my report I show you how and where to get these returns.
- Is fairly simple to get a traffic flow to using the no cost methods discussed inside my business plan.
- Is showing a major trend change – not only with regards to the global debt problem, but with the fact that ALL the debt help/credit repair companies are coming ONLINE (and offering lucrative affiliate programs to get at your traffic).
The very simple fact is that this is a dream niche to own VRE for. The type of niche that every smart niche marketer and online business entrepreneur wants in on. Because, when you have such huge payouts, even the smallest trickle of traffic can generate very good returns.
Learn More About This Niche Here And How You Can Set-Up A Business Within
In the current economic environment, now more than ever you MUST focus your attention, investment and time only on the most prolific and high potential niches that can deliver you maximum results.
If you wish to own your own internet business within what is undoubtedly one of the most potent and high growth niches around today, you’ll like what I’ve found for you.
Learn More About Setting Up A Business Within The Multi Billion Dollar Affiliate Marketing Niche
1. Want To Own An Internet Business That Can Generate Money For Decades Into The Future? This Is The Niche For You… Despite the foul economic climate, the niche I’m talking about is growing at a pace of 13% a year. It is simply a monster of a niche, has a pool of millions of cash rich customers, and as more and more people come online to generate full/part time income…this is the “thing” they turn to. And it’s getting bigger and bigger.
- The “online only” industry we’re talking about is worth a cool $3bn a year in the US alone. And, according to a recent survey released about this niche, the majority of key companies within are planning to INCREASE their spending big time over the next 2 years. This will ultimately convert to things like bigger Adsense, affiliate and pay per lead commissions.
- 55% of the people currently within this niche (from the same survey above) said they had no fear of the existing economic climate – the reason is simple…business is BOOMING inside, and for the site owners who own a business here.
- The unique nature of this niche makes it an ideal vehicle to generate all sorts of revenue streams. As you’ll see tomorrow, you can switch on residual streams (where you make the sale once, yet get paid for life), big ticket income streams where you can switch on sales of $700+, as well as pay per lead returns.
2. What Types Of Returns Site Can Owners Catering To The Affiliate Marketing Industry Enjoy? Here’s Where It Gets Interesting…
If you’re subscribed to as many internet marketing newsletters as I, not a day goes by without a new product launch for affiliate marketing. New ebooks, big ticket courses, software, seminars, member sites, services…guess what, you can make serious commissions from every one of these.
As someone who has an authority site on affiliate marketing, you can generate commissions from a wide variety of products – some are residual (meaning you make the sale once, but keep getting paid month after month…a “rich dad” way of getting wealthy), while others are big ticket (the programs we’ve found for you can make you seven hundred from each sale on certain products). The best thing is that there are virtually an unlimited number of prospects for you to sell to within this niche. We’re talking of a pool of millions worldwide.
For full research on the affiliate marketing niche, and how you can set-up a business within visit this page.
