niche profits

How To Poll Your Niche Market

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A few weeks ago I posted an article called “How To Choose A Niche Product People Want To Buy”. If you missed it just click here now.

I mentioned that it is a good idea to poll your niche market to find out what they are willing to buy before you go out and create a product that nobody wants.

Here’s how to poll your niche market:

1. First you need to setup a web page where your visitors will go to fill out a survey.  You can find a good polling script at cgi-resources.com.  You can also do it manually by having people email you but that is much more time consuming and doesn’t really have the same effect response wise

2. Make your poll very simple.  You do not want to ask 50 questions that some of your market may not have answers for. If you do that, they simple won’t fill it out, or they will fill it out falsely. You want to keep it simple enough so that all of the market you are aiming at can do it, but you also want to get enough information out of them for the venture to be a success.

Here are some sample ideas of questions you can ask:

… In the next 3 months, what would you most likely purchase
… How much money are you willing to spend on this
… What is the main problem that you have with “ABC”

3. Create a free report on the topic that you feel your target market is most interested in. Do some quick research and write an essay, or summarize a certain subject. This free report is going to be the reason why people are filling out your survey in the first place. If you do not have anything to give them for their participation, then they most likely won’t participate.

4. Find a newsletter that offers solo mailings. You will get much better results if you do this kind of survey with solo mailings. Actually, your best bet is to send it to your own mailing list but if you don’t already have a list of people in your niche then it is better to spend a few dollars to promote your survey with a solo mailing.

5. Your solo ad simply needs to be about getting a free report if they click on your link. The link takes them to the survey page that gives a short explanation of how all they need to do to get the free report is to fill out this short survey.

A few tips with creating your poll…
a.. Do not have any of the options already checked. This will create false results as people will just click the “submit” button quickly and not even change the “already checked” results.

b.. Make sure and have “None of the above” options for each question. All of your products ideas might not be bought by anybody, and if you do not have “none of the above” options, then you would never know and you could still possibly end up creating something that nobody wants.

c.. No fancy designs. Have your webpage that hosts the poll on it, simply for hosting the poll. No need for fancy, flashy designs and links going to several different places. Just have your poll and that is it. After you have done the above, tally up the results and begin designing the product you are going to create. Usually, you will see the results are pretty one sided. The majority of people will have picked the same options, which is what you want.

If the results show that everything is pretty equal, then pick the option that you are most comfortable with creating. If the majority of the results show “None of the above” answers, then create different questions and poll them again.

Polling your target market is much easier to do that it sounds. Just follow the instructions watch the results.

If you would like more details about how to make money with niche products check out Niche Profit Formula by clicking the link below.

Niche Profit Formula
Click Here to read Niche Profit Formula

How To Choose A Niche Product People Want To Buy

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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.

Niche Profit Formula
Click Here to read Niche Profit Formula

How to Create Your Own Digital Niche Products

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There are literally thousands of different things out there that people can create, but it still amazes me that most marketers on the web only promoting affiliate programs.

Don’t get me wrong. I don’t have anything against promoting affiliate programs but if that is all you are doing then you are missing the boat. You see, one of the biggest and best reasons to create your own product is to start YOUR OWN affiliate program.

Think about the affiliate program that you are promoting now. Think about all of your valuable time, energy, and advertising dollars you put into promoting somebody else’s program. Now imagine if you had 100 people just like you promoting your product in that fashion.

Now, this might not be something for you. You may be reading this without any knowledge of Internet marketing. That’s fine. No matter who you are or what experience you have (if any) you can still create a profitable niche product or have somebody else create it for you and sell it on the web.

The other reason to have your own product is the backend. Each product your affiliates sell for you becomes another target customer that can buy products from you where you don’t have to pay any affiliates. That’s why you see some affiliate programs paying 60-75%. They aren’t interested in making money off of the first sale, they want the money that will come in from the second, third, and fourth sale. So the affiliate program owner will pay you 60-75% to basically bring customers into his sales funnel.

It is a simple concept, but I am amazed by how many people aren’t doing it.

I am mostly referring to digital niche products. These are usually digital “how to” products that you can sell on the net. I have sold both digital and hard copy, and digital has so many advantages, and hardly any disadvantages.

Digital niche products are products that it can be downloaded over the Internet. Hard copy means that you have to mail out a product for each order.

Here is why digital is where the money is:

– Totally automated. There are scripts that can completely automate order processing, product fulfillment, and backend sales process. You only have to pay once to get this type of deal set up. To have a hard copy product fully automated, you would have to pay a certain amount each time to get a company to ship your products for you.

– Digital products sell better. As long as you provide instant access to your product, meaning they can download it, you will make more sales. People can’t resist instant gratification.

– Less hassle. You don’t have to worry about packaging, shipping, printing costs, post office hassles, etc.. You create the product once, then make as many copies of it as you want to sell on the net.

I get emails almost every day from people asking me what is the best and quickest way to make money on the Internet. I have to say that there is NO way to instant riches. It doesn’t exist. But the quickest way that I know to create a big monthly income is to create YOUR OWN digital niche product.

Niche Profit Formula gives you a very simple system that you can follow to create your own product and get it selling quickly. The steps are all very simple. Just do them one at a time in order and you will do just fine.

Click Here for Niche Profit Formula