5 Secrets To Finding Your Niche MRR Ebook With Audio

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Once you’ve identified your top ten passion areas and local interests, you can start to narrow down your options. If you want to create and maintain a profitable business, then you need to determine what problems your target audience is experiencing and find a unique way to solve those problems. You can start this process by considering the issues you face in your own life and see if there is a solution to those problems online. Take a look at your list of ten passions, and consider whether or not there is a problem that you continuously face in regards to those passions. If you discover a consistent problem within your passions, then you can narrow down your niche. If not, here are some other ways that you can identify the issues that your target audience is experiencing.

The best way to identify problems within a niche is to sit down and have a conversation with your target audience. You can do this in several different ways. You can form a focus group to discuss the problems that your target market

is experiencing or have one-on-one conversations with them. You want to make sure that you create or find a framework for asking those questions that will help you to uncover specific pain points. If you aren’t able to meet directly with your target audience, you might want to consider using online survey sites like SurveyMonkey to reach your target audience.

Another way that you can identify the pain points of your target audience is by perusing forums like Quora or find forums that are related to your niche ideas. Go through the discussions that are taking place within the forums and determine what questions people are asking and see if you can figure out what problems they are having. Finally, you can research keywords that are related to your niche ideas. You can use Google Ads Keyword Planner and Google Trends to help you uncover popular search terms that are related to specific pain points within your niche idea.

3. Analyze the Competition

While you may have been hoping that you’d discover a niche that no one else knows about, the chances of that happening are highly unlikely. That means that you will have competition, which isn’t necessarily a bad thing. Typically, when a niche has competition, it means that there is money to be made within that niche. To ensure that you will be able to carve out a section of that niche for your online business, you need to make sure that you do a thorough competitive analysis of competing sites.

Start by creating a spreadsheet and list all of the competing sites that you discover. You can find competing sites by typing in the keywords or phrases for your niche idea into the Google search bar. Once you have a list of the competing sites, then you need to figure out if there is still an opportunity for you to stand out from the crowd. You want to ask the following questions:

• Can you still rank for the keywords and phrases that you’ve identified for your niche idea?

• Are you able to differentiate yourself from the crowd and create a unique offer?

Here are some ways that you can still enter a niche market, even if it is a competitive market. You can easily outrank the competition in a niche if the other businesses are creating low-quality content. If the competition has a lack of transparency, you can disrupt the niche by creating an authentic and transparent presence in a niche where other businesses are overly corporate and faceless. Finally, if you’ve found a keyword or phrase that has a high search volume but low competition and paid advertising, there is the opportunity for you to upset the niche market.

4. Research the Niche’s

Profitability

You may be able to start narrowing down your list of niche topics to a few that you feel pretty confident about tackling. Before you make your final decision; however, you’ll want to make sure that you determine how much money you have the potential to make money. You can start your search on Clickbank (https://clickbank.com), one of the largest online retailers of digital lifestyle products, or Amazon.

Browse through the top products in your specific niche category. If you aren’t able to find any products or offers, that’s a bad sign. It might mean that no one has been able to monetize the niche. However, if your quick search of the site turns up a decent number of items, without having an overabundance of products, then you’re in luck. Take the time during this process to make a note of the price points of the products so that when you are ready to enter the market, you’ll be able to price your own products or services competitively.

Other Details

- 10 Articles (TXT, DOC)
- 1 Ebook (PDF, DOC), 9 Pages
- 1 Audio (MP3)
- 4 Graphics (PNG)
- 1 Squeeze Page (HTML)
- Year Released/Circulated: 2020
- File Size: 9,471 KB

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