Niches can be found in generally two types of markets; the passion market and the solution market.
The passion market is a market where people consistantly spend money because they are passionate about their interest. Passionate markets include such things as sporting interests or hobbies. Therefore niches involving golf, tennis, fishing generally pay well because enthusiasts are hungry for information about their passion.
Solution markets are seeking answers on how to do something. How to lose weight or how to make money online would fall into this category.
To be profitable in either of these markets, you should have some interest in the topic you are marketing. Equally as important you need to find niches that people want and are willing to spend money in.
There are numerous products on the market to help you discover these hidden niches. While these are good, free resources can be equally as profitable.
Here are my Top 5 tactics for discovering high paying niche markets for FREE:
FORUMS
No matter what your interest there is generally a forum or discussion board on the net about it. Simply type in your interest and add the word forum after it. For example when I typed in golf forum, these are a few suggestions that appeared:
www.thegolfforum.com
www.forums.iseekgolf.com
www.ozgolf.net/forums
Inside you ll discover people asking questions about golf. What are the best golf courses, who makes the best clubs, how can I improve my swing etc. These are niches that need servicing and people are prepared to pay for assistance.
One of the biggest forum directories in the world is Big Boards This is a great place to start your research.
CLICKBANK
With over 10,000 digital products available Clickbank provides you with the opportunity to promote solutions to people using other people s products.
Firstly, go to Clickbank and establish a free account for yourself. Once complete click on Marketplace to discover all the categories available for hidden niches.
Enter each category and arrange the items according to popularity. Here you are looking for items that have a high gravity rating. This means they are selling well and you can earn money. Generally a gravity of 100 + is what you are looking for
NICHE A DAY
This is a great free service that you can subsribe to to recieve information about what niches are hot. Grab a free subscription today Niche a Day
LYCOS 50
Want to discover what the latest rends are? Need to know who is searching for what? This is the place to be. Check out Lycos 50
43 THINGS
Here s a great little website where people can subsribe for free and list their goals. Once again, simple categories these by popularity to discover what people are seeking solutions for. Weight loss is very popular here. Check out 43 Things
If you spend a bit of time researching the passion market or solution market in the above free sources, you ll come up with tons of great profit bearing niches that you can make in today.
Author Resource:-
Greg reed is the editor of Niche Megastore which offers great tips, ideas and free niche articles on niche marketing. Visit greg at http://www.nichemegastore.com
If you are interested in learning about and discussing social services and social services agency management, please visit SocialServicesAgencyManagement.com where you will also learn about the new ecological model of excellence.
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