How To Choose A Niche Product People Want To Buy

About a week ago I wrote a post explaining how to choose a niche market. If you missed that article you can read it here.

Assuming you have followed my instructions and chosen a niche market you now need to figure out what people want to buy. Don’t waste your time and money creating a niche product that nobody wants to buy.

Even if you are thinking about creating something that is already successful you still need to follow this important step. In my opinion, you should not try to create something that isn’t at least a little bit unique. If you want to be successful do not try to create something that is exactly the same as something already out there.

It is better to use the same idea as the successful product but you want to put your own edge and uniqueness into it that will make it beneficial to the customer.

This way, you have something *better* than what is already out there. And the way you find that out is by asking a few questions.

Here’s what you need to do… Poll your target niche market to find out exactly what they want!

Simply ask your target market a few questions to find out what it is that they are willing to buy. What problem do they have that you can solve, etc… It’s not hard to do and the results are incredible. This will also help you to find the unique edge that you are looking for to add to an already successful idea. Just ask people what other features/benefits they are looking for that could make this product better.

Here is what you need to do… Create a list of product ideas that you are interested in creating. Whether you are planning on doing software, an e-book, membership site, whatever. Try to come up with as many ideas as you can and then narrow it down to about 5 to 15 product ideas.

You then need to survey as many people in your target niche as possible to determine which products your market is interested in buying. See how simple this is? This will save you hours or even days of time creating products that nobody wants to buy. And of course, when you do find what people want and give it to them at a reasonable price, you have just unleashed a mad stream of cash, charging into your pockets.

If you don’t find out what people want or just create a product on a hunch then you could end up with a product that will never sell. This would not only be a waste of time creating a product but also a waste of money and advertising trying to get it to sell.

So what is the best way to poll your audience? Hmm.. I think I will wait and cover that in a few days. Until then you can learn everything you need to know about creating and making money with niche products by obtaining a copy of Niche Profit Formula.

Click Here to read Niche Profit Formula