Wednesday, March 4, 2009

Internet Marketing Tips - Finding the Hot Niches

The key to having success with Internet marketing is finding a niche that you can easily conquer. The problem that many marketers face is that they either can't find these niches or don't know how to go about looking for them. Well, it's no big secret. Niche research is more straight forward than most people realize. Once I explain to you just how simple it is, you'll be amazed that you didn't think of this stuff sooner.

First thing you have to do is stop thinking like a marketer and start thinking like a consumer. When you have a problem (we all have problems) what do you do? If your only resource was the Internet, what would you do? Well, I don't know about you, but I'd head on over to Google and type in whatever problem it was I was having. Maybe I'd type in something that suggests I'm looking for a solution too. So let's take an example so you can see how easy it is.

Let's say I've got terrible acne and I'm looking for a solution. Well, I can start by typing in something like, "acne problems" in the hopes that I'll find something that discusses common acne problems. That's one way of going about it. Another way is to go right for the solution and type in something like "acne cure" or "acne treatment." Now, if I don't want something that involves drugs, I'll type in "natural acne cure" or "natural acne treatment." However, this is just part of the equation.

Next step is to see how many searches these keyword phrases are getting. This can be easily done by using a free keyword service like Wordtracker. Just type the phrase in and it will tell you exactly how many people are searching for that phrase each day. The key is that you want to look for keyword phrases that give you two things. The first is a decent number of daily searches. Otherwise, there is probably no money to be made in that niche. The second thing is you want to stay away from phrases that have the word "free" in them. The reason is because people looking for free are less likely to spend money.

The hot niches are the ones with the most searches. It's really that simple. Why people try to complicate things is beyond me, but essentially it comes down to what people are looking for and how many people are looking for that thing.

Just like with anything else when it comes to sales.

To YOUR Success,

Steven Wagenheim

Want to get your hot little hands on 30 niches that I have personally researched and discovered to be prime targets to make cash easily? Visit my site at http://www.nicheresearchrevolution.com/ and get your 30 niches TODAY! Nobody else in their right mind would even offer this at any price considering an expert would charge you $3,000 to research ONE niche. So rush to my site NOW and be one of the first to get your hands on this amazing package. Only 100 are going out at this price.

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Internet Marketing--Various Online Business Models

There are many different methods of making an online income. In reality, they are all very similar to the business models you see in the offline world. You can sell goods and services, you can produce products for wholesale distribution, you can sell information, you can sell tools to help people in their own business model, you can sell advertising, or you can provide consulting services.

Do you see a common theme in all of these models? Thats right---to have a viable business, you have to literally provide some kind of a good or service that adds value to someone or something, either online or offline.

I think that when people think about going into business offline, they look for a need in their community and try to fill it. Online, they tend to think, OK, what can I do to make a lot of money? There is a huge difference between the two. Online, I think people really believe that if they put up a web site and sell something, the money will just come in. It is simply not an accurate thought, but I think that just about everybody has thought it at one time or another.

So to create an income online, you must meet a need, just like you would in the offline world. You meet that need by producing, developing, distributing, or brokering a product or service. That is just about it. You will never earn long-term viable income from schemes and scams, no more than a bank robber will earn a long-term viable income robbing banks.

Here are some of the basic business models you can find on the web:

1) Production model. This is a company that produces value by transforming one good into another for online consumption. An offline equivalent would be a shoemaker or a gold mining firm. The online equivalent might be the development of new software or search technology, or the development of online technology that aids in the execution of some of the other online business models.

2) Merchant model. This is a company that specializes in the sales and organizes the delivery of goods and services to an online market. This can be compared to the offline equivalent of a merchant. Some examples online are bookstores, food stores, catalog web sites and other goods and services sales organizations.

3) Advertising model. This is a company that specializes in providing the service of advertising or promotion to other online firms, for example, those firms that operate using the production or merchant model. This model charges these companies a fee to advertise the goods and services provided by the other online business models.

4) Affiliate model. This is a model that resembles the advertising model, but is different in that it focuses on recruiting many individual companies or individuals to do the advertising in a systematic and piecemeal way. Whereas in the advertising model, the advertiser is paid based on the amount of advertising distributed, the affiliate model pays the affiliate marketer when a sale or step in a sales process is completed. This step may be an online visit, a request for more information, or the actual sale itself.

5) Brokerage model. This model is one that compensates the broker for bringing together buyer and seller, usually in the form of a personal, one-on-one introduction. An example of this might be an online auction or a processor of online payments.

6) Information model. The information business model is one in which the company provides information to a specific field or niche market. This information would typically instruct another company or individual on an easier or more efficient method of performing a task, or actually teach the task or the implementation of the task.

7) Subscription model. This is an overlay model, one which is generally incorporated into one of the other models. This model would provide a good or service over a protracted period of time, and provide a guaranteed and generally consistent level of that good or service for a period of time, for example over the course of several months. Two products that fit into this subscription model might be that of online monthly video rentals or services like food or medicines which are delivered on a regular basis by commitment.

8) Utility model. This model operates in much the same way as an offline utility might operate, offering a product that has, through its use, become a necessity and is often tightly controlled. An example of an online utility model would be that of internet access or telephone service via an online network.

9) Community model. This is a business model that focuses on bringing together individuals or companies of similar interest for the purpose of developing relationships and sharing information. Two examples of the community web phenomenon are the recently created Myspace and the older online forum.

When deciding to go into business online, it is important to determine which of these business models most interest you. To which of these models are you best suited? In which of these models are you most likely to be considered an expert, or in which would you have the willingness to become an expert?

Do you want to learn more about how I do it? I have just completed my brand new guide to article marketing success, 'Your Article Writing and Promotion Guide'

Download it free here: Secrets of Article Promotion

Do you want to learn how to build a big online subscriber list fast? Click here: Secrets of List Building

Sean Mize is a full time internet marketer who has written over 9034 articles in print and 14 published ebooks.

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