LESSON #19: How to Choose a Niche (Part 1)
Back in lesson 7, we established that the type of online business model I’m going to be teaching is primarily an information publishing business.
In other words, you’re going to sell your own information product (also known as an infoproduct). But before we can create an infoproduct, we need to choose a topic for it.
(Watch this video…
NOTE: This niche selection process applies to virtually ANY type of online business– not just infoproducts!)
Main points:
1) They think they’re going to be married to it (so they stress out and procrastinate making the choice)
2) They’re afraid it’s going to fail and not be profitable.
(both reasons are basically that they are afraid of choosing the wrong niche)
1) Something you know
2) Something you don’t know
1) Your enthusiasm will help sell it
2) It will be a better product
3) You can relate to your market
- How big is the niche?
- How competitive is the niche?
- How profitable is the niche?
Action step:
1) Brainstorm some topics that you would be interested in turning into a product. Write them down.
Don’t worry about details of the niche market for it yet…we’ll be doing the research in the next lesson.
If you don’t already have some ideas in mind, and don’t know how to start brainstorming, I’ve listed some websites you can use to help find ideas.
Special Offer:
Today I’m offering an ebook which explains how to have your own product online and making sales within 30 days.
If you’re interested in discovering all the details about the niche selection process, or in getting a jump start on the rest of the product creation process, this ebook is for you.
It is a brand new exclusive ebook created for Eric’s Tips.
“How to Have Your Own Information Product in 30 Days“.
Click here to get more details and download this ebook
(Resale Rights also available)
As always, you are welcome to post your questions and comments below. Feel free to let me know if you’ve got some topics in mind, or if you’ve already chosen a niche.
Have a great day!
Eric,
I’m really excited now about the new turning point and starting to work directly on creating my business. I can’t thank you enough for all the foundational videos you worked so hard on…these will continually come in handy when I find myself struggling or wanting to give up. Just like you mentioned…most other teachers don’t start(or teach) with a basic strong foundation for their students, so thank you for doing this.I’m stronger because of it!
As for a Niche I’ve diffently tossed around a few ideas…diffently will be going with something you refer to as evergreen. I’m looking forward to learning how to explore niches in your next video.
Student 4 Life
Gary
Get 150 *Top Quality* NICHE Websites With Your Paypal ID On Each!
http://Instant-Paysites.com
Thanks Gary!
Hey Eric,
Looking back in hindsight, the niche (everybody say “neesh” like Neil Shearing!) I initially chose when going online with my main site doesn’t look all that stellar on paper…
1. How big is the niche?
36,000,000 just in the USA. That’s too diverse to be considered a niche.
2. How competitive is the niche?
Extremely. Everybody and their brother wants to sell the 71% of families with a mom in the paid workforce something.
3. How profitable is the niche?
Profit? Where? A good portion of the target market lives paycheck to paycheck and has almost no disposable income to speak of!
But before I paint such a bleary picture as all that, I should add that using your criteria we did have a few things going for us.
a) I knew a lot about the subject,
b) I could identify and write about topics of interest to the target market,
c) And fortunately I wasn’t counting on the site to make a living.
So how’d it turn out? By the grace of God it turned out well enough to support our family. But we spent more than three years in the red before we were in the black.
So it would seem there is a bit of an intangible X factor when you’ve got an idea with as many positives as negatives. It was certainly beneficial I chose something that I was willing to write about for free…because that’s exactly what I did for three years!
However since I’m always seeking to learn to do my online work better, I’m here putting Eric’s tips into practice.
Eric, I’ll let you know when we amass our first million using your tips!
Sabrina
http://www.WorkingMom.com
Thanks for sharing this. Yes a niche as competitive as “working moms” would be very ambitious for the average newbie. But there’s nothing wrong with tackling a large, competitive niche IF you are prepared to do so. In general I would expect it to take longer to break into the market and establish a name for yourself. As you mentioned, it took you a few years to become profitable, which is a time frame that many newbies would not withstand.
A huge niche may be more work, more risk, with a slower return… but it also comes with a larger potential payoff.
And yeah, there’s always an intangible X-factor.
Hi Eric,
I’m really looking forward for your 2nd part of this topic. For my Niche, I have actually planned for a few since I started my Internet Business and I’m working on it one by one and making sure that I only start my next niche once i have completed the previous Niche properly.
Finally the juicy information have arrived.
Your Free Digital Resource Center
http://www.dbookworm.com
Hi Eric,
Thanks for sharing this info in such an easy to understand way.
I’m sure that choosing a niche and developing the product may well be a challenge, but I suspect that marketing the product will end up being the biggest challenge. Advertising can so easily swallow up huge amounts of capital.
I’m sure you will be covering the marketing of the product in your next video. I’m certainly looking forward to it.
God bless
Peter
Happy with a DSL Connection? How much do you pay for it?
You really should check out what’s coming:
http://wifi-10505pm.ItsYourNet.com
HI! Eric,
I am waiting with big interest part 2. My tendency always is to pick up a large niche, but this time I want to work in a very narrow niche, just to see how is going to work, but for a particular niche I really need to find out a good range for popularity and competition as well. I hope I’ll get some good advice in Part 2.
Example: “affiliate ebook marketing”is a good large niche, but I want something as “affiliate ebook marketing home schooling”, just to have an idea. My point is, for a restricted niche, which range for popularity I have to look it over, and which range of competition is acceptable. You got the idea.
Regards Michaela
http://www.ebookscamp.com
Exactly, it’s about finding the right balance of niche size vs. competition vs. profit potential…
Hey Eric,
Choosing a niche can be very important when anyone is deciding to pick a product. The great thing is that niches usually have people who are very dedicated to their given area. They are usually avid enthusiasts who are willing to purchase quality products related to their niche.
Eric, the sales conversions is some niches are much higher than typical conversion rates. The reason for this is because everyone in a given niche is highly focused and they are open to purchasing products related to their interest.
Eric, these videos are great… Keep them coming…
Tom Curran
http://www.vipmarketingsecrets.com/
Good point Tom, some niches are naturally more profitable than others due to the demographics and fanaticism of it’s members.
Hi Eric,
I downloaded “Your Own Info Product in 30 days” and read through it a few times and have been trying to apply all the tools…thanks for such detailed info. I’m finding(if I’m doing it correctly)that the things(niches)I’m interested in or know something about, are either not very popular or either very popular and to competitive. When I look at the power search tool you mention in the ebook it only gives me the top 100 search phrases in google and doesn’t give me a wide spectrum of niche ideas. I guess my question would be…is there a website or service you would recommend that could provide ideas for niches(just to get the creative juices flowing).Theres probably a lot of topics,niches and subjest matters out there I didn’t know exsisted. I’m kind of feeling like a blank wall at the moment and thought it would be nice to find a place(website or service) that helps with niche ideas so I could research them with all the other tools you provide.
Thanks
Great question. I get most of my ideas just from everyday life. Again it goes back to thinking like a marketer, and being aware of the trends that we observe every day.
However, there are times when I do need to browse around to help get the creative juices flowing. Here are some places to look for ideas (starting points)…
1) What’s hot on Ebay (updated each season)
2) Ebay Pulse (dynamic popularity rankings)
3) Best sellers on Amazon (updated hourly)
4) Shopping.com Consumer Demand Index (updated every 2 weeks)
5) Most popular goals on 43things (updated daily)
6) Google hot trends (updated throughout the day)
If I know that I want to create a product in a certain genre, I will go to google and search for a “list”. For example, if I wanted to target a certain occupation, I would go to google and search for “list of careers”. People love making lists, and the internet is full of them.
Thanks for the tips Eric–I found Best Sellars on Amazon to be very helpful, espeically with “ever green” topics.
Cool now I think I found my niches by looking thur those list.
I can’t make a dime on line I have a product that will help clean the environment I need your feed back
Ron, for the moment I will assume that you are referring to your current website, linked from your comment. Here are some reasons I think it is not doing well…
1) probably not getting much traffic. Almost any site can make money if it gets enough traffic, but your site is still impaired even if it does get traffic because…
2) Fuel additives have been overdone in the last couple years, due to the companies setting up MLM type of affiliate programs to sell their product (thousands of people with nearly identical pages)
3) Partly due to #2 above, and partly due to the look of the site, it comes off as somewhat spammy
4) Your links (particularly the Click Here to Get Started) should be blue with an underline. At first I didn’t know it was even a link.
5) Your site is not focused. It’s hard to know what to look at on it. And the money making ebooks are totally unrelated to the fuel products you are selling… this lowers your credibility. Your site needs to stay focused and specialized.
Hope that helps
May I ask you for suggestions to improve on my blog for better ranking and to promote my online health products store under pages?
thanks
irene
Irene, as far as improving your blog’s ranking, you would need to focus on SEO. I’ll be teaching some SEO, but don’t have time to do so in this comment. The most important factor of SEO is probably link building (getting inbound links to your site).
However, I would encourage you for the moment to focus on your blog itself and not the rank or income.
If you were just slapping articles up there and trying to make a buck from Adsense I wouldn’t worry what your blog looked like. The only important thing would be traffic from SEO.
However, it looks like you are personally writing for this blog. It’s on your own name/domain, and it looks like you are writing about things you care about.
Therefore, I would recommend forgetting about SEO for just a little bit, and focus on making it a blog that people enjoy reading.
Get a better wordpress theme. I’ll show how to do that in the next month or so.
Take down all the ads unless they’re really making money.
It’s better to gain a readership of your blog, and then monetize it.
I’m glad to see you’re building a list with Aweber. you’re doing the right thing in that regard, and I’ll talk about how you can improve those lessons in a future lesson.
Your blog just looks like a “made for adsense splog”, but I know that it’s not!
So you need to give it more of a face, and more of your personality. Putting your picture or a stock photo would help.
Get involved in the blogging community by commenting on related blogs, etc, to help get new readers for your blog.
If this were a page where you were selling an infoproduct, I would have totally different advice. But blogs are different. Your traffic should come mainly from REPEAT visitors… regular readers. Therefore you should focus on making sure it’s a place they will want to bookmark/subscribe and come back to.
I read your About Me page, and you have a compelling story. I would guess that there are thousands of hurting people out there who have gone through something similar.
If you can reach out to those people, they could become your regular readers and you could be a light in the darkness for them.
Irene,
I like your articles. In addition to implementing Eric’s suggestions, I noticed in looking at your source code you don’t have a robots meta tag. Adding one can help search engines index your page content properly. Also consider adding an author meta tag too.
Keep writing. And I’ll definitely try the parsley tip!
Irene,
How about putting your website address in your signature? I would like to go to your blog but I don’t know where it is.
Jack
Just click on her name jack.
I liked your blog Irene.
Another great lesson. I do get some excellent ideas from what you are presenting and am very motivated with your style. Looking forward to the next one.
[…] the previous lesson, I talked about some important things to keep in mind as you choose a niche […]
Eric, I have never done this thing about paypal. I put all my information about my card and it kept saying information was wrong. I could not get to the download page. Will I still be billed for it? Can you mail the book to me? Please answer.
Thank you
Jeanette
If it says the information was wrong, then you were not billed for it. I’m only offering it via download. Maybe if you could give us some more specifics about the error message, we could help you figure out paypal
Affiliate marketing is very competitive. In order to profit from the affiliate marketing, you need to target the niche market that less competitive but got high demand.
How to Check Market Profitability?
Profit Check # 1: Is This A Market Where People Are Already Buying?
For example, the resources listed below:
1. http://www.Ebay.com
2. http://www.YahooShopping.com
3. http://www.Amazon.com
4. http://www.Magazines.com
5. http://www.Bookspot.com
Profit Check #2: Are You Tapping Into Hot, Current Trends And/Or soon-to-Be Hot Topics?
These sites:
6. http://pulse.ebay.com
7. http://50.Lycos.com
8. http://www.TrendWatching.com
Profit Check # 3 : Which Markets Are Written About?
You can visit the following article directories:
9. http://www.Ezinearticles.com
10. http://www.Goarticles.com
11. http://www.ArticleAlley.com
12. http://www.IdealMarketers.com
13. http://www.Searchwarp.com
Profit Check # 4: Validate Your Market with Free Keywords Research Tools
14. http://FreeKeywords.WordTracker.com
15. http://Adwords.Google.com/select/KeywordToolExternal
Hope that above tips can help you find the profitble niche market to promote.
To Your Success
Bryan Hee
Nice list
When you see lessons #20 and #21 you will see that we’re thinking on the same wave length.
Thanks Bryan for taking the time to share such a good list. It is appreciated.
Jack
Hi! Eric,
I start to read your eBook, and I find out 80% of the answers I am looking for. It is an excellent eBook. Now I have to make a habit of doing the research part the right way and don’t be worry about the length of it because it will pay off…
Thanks
Michaela
Cool I’m glad to hear it!
Hi Eric,
Thanks again for your great information !
Eric, last week i had a serious computer problem that made me lose many emails and other worthful stuf !!! i really feel sic about losing all of those things !!!!
Is it possible to get from you all the previous Lessons again via email ??
Thanks in advance !!!!!!
Kind regards,
John
Sorry about your computer
You can view all the previous lessons here:
http://www.ericstips.com/tips/category/lessons/
And if you want to get them in your email again, I suggest just sign up with a different email address:
http://www.ericstips.com/join/
That’s why I have gmail accounts now…
Thanks eric,
I want to promote my niche,how about if we have more than one niche, I mean with another website is it ok
Hi Eric, thanks for all your positive teachings. Niche is a French word, initially meaning the “dog’s house”, extended to “a segment of market”; one must pronounce it neesh, not nitch… Nietszche is a philosopher.
I see in a previous post that one of the comments suggested adding a “Robot meta tag”– what kind of Robot meta tag is good?
I just realized I have a “robot meta tag” in one of my “ready to go” site that says “”
That doesn’t sound like a good one to have because it almost sounds like the command is asking the robots NOT to index the info and links… Why would this be?
THANKS SO MUCH!
Therese
OOPSS… the tag didn’t show up in my previous post… it says META NAME=”ROBOTS” CONTENT=”NOINDEX, NOFOLLOW”
Eric, I picked a hard one–Health. I have cancer since 1959, without pain but the cancer doesn’t have me. This niche is very competative & not especially remunerative. But the money isn’t as important as the help I can give them. God bless you.
Mary
Hi Eric
I do find all this meta tag add ID hop links blurb totally alien!I invested my time in writing a little blog then paid out for a domain name and hosting.Added a link from the blog to the site and…nothing lol.The link in the blog went grey not blue and my email for help went awol,no reply in 2 years lol.Still,at some point I am fully expecting to be able not to only to understand it all but also to implement the %^/ in all the right places!!!
Step by step means to me exactly that..For example some sites that redirect you to ‘auto responders’ say all you do is…and upon arriving at the page it all may aswell be written in Chinese!No offence to the Chinese meant.So when you get to explain things Eric would you keep this numbskull in mind please? lol
Paul (UK)
Hi Eric,
In your latest video, you speak about building a business by creating an info product in a chosen niche. But in your ebook on creating info products you recommend the HyperVRE website builder. These seem to be mutually exclusive systems — one relies on creating and selling your own product, the other utilizes Google Adsense, free articles and
affiliate sales. Please show me how these two models fit together.
Thank you.
Best,
Susan
Good advice on lesson 19. Hope everyone picked up on the idea about RESEARCH,RESEARCH,RESEARCH. It is work, it’s not glamorous and it takes time. They say that 98 % of marketers on the internet fail. The reason is that they don’t do the proper research. A niche that gets little traffic or a niche that is competing against millions of web pages is 98 % sure to fail. If you can find a niche or subniche that will get 80-100 searches per day and has 30000 or less competing pages will make you money. As Eric said, once you get one site up then repeat process again and build another and another.
Eric…our house just sold and we’re breaking down the household for a move to Honduras. I’d like to change my email since this one will be gone after 9/04. New one will be < <<>>>. How can I do this so I don’t lose touch?
Dick look at the bottom of any email you receive from me, and you will see an unsubscribe/change link. Click that link. On the following page, do NOT unsubscribe. Instead, choose the option to change your email address. Good luck with the move!
Eric…thanks. It’s done. I’m appreciating your thorough lessons. Keep ‘em coming.
Hi Eric,
We are working on the ‘NICHE’ but we are doing ‘OFFLINE’ & see that we can put them Online as to expand our business.We need to know how to do this & possibly we might learn as how they are being set up Online.
Niche from the scratch is something that challenging us on what should be the products that we need to have for our clients on living healthiness, always.
Ths, regards
Mohd Singapore
Have been really enjoying your lessons. I know this is short but keep up the good work for us. There is still lots to learn.
Thanks Again
John/Annette
Hi Eric,
Thanks for such a great info on”How to choose a Profitable niche”
To a newbie it’s going to be a very challenging task to look for the right niche!
Any way I try to give my best shot to do the research and analysis so as to get the right one.
Regarding the ebook, I paid to Paypal but
couldn’t download the stuff !
God bless,
Warm regards,
Mike Wong
Thanks Mike. If you didn’t get the download page, just open a ticket at the helpdesk (www.ericsupport.com) along with a copy of your paypal receipt and we’ll get the download link to you.
Dear Eric,
I hope this gets to you so as not to create a problem in communication with you. I was reading the fact that you are changing business direction and moving away from on-line business as you used to work. I applaud your reason as to a more fulfilling and spiritually directed life. I think your business building videos are a tribute to you as an individual and the business ethics that
you used to create your internet businesses. I look forward to devouring them quickly.
You are absolutely right as to where most newbies are that attempt to create an
on-line internet business presences. We are as you have so eloquently said - we
are operating in terms of overload. I was about to give up recently because I had
come to the same conclusion about internet marketing and I found myself at a stop
as to what to do with some of the ” stuff ” that I had acquired. Thank you again for your
compassion and concern for those that have followed your “tips” website.
My questions are many but I want to see if you could answer a question or two for
me. I have purchased many things but I had quit before your declaration to cease.
I intend to follow your ” tips” business building to the end. However, how do I
collapse some time frames and start performing some basics now. I do not want
to just market stuff to unsuspecting souls- especially if I not sure who telling the
truth to the finish in their program. I need to start building a list . Where can I find
some good information on basic directions to take in order to accomplish the tasks.
What should I do while building a list to make some money or establish some program
growth? I purchased Joel Comm’s Adsense website sellout which I realized it included
some sites from you. Is there enough information in his books to move in that direction.
My problem is know and feeling comfortable in website creation with the appropriate
internal coding to accomplish an effective job with the likes of quality people like
you and Joel Comm. Is this possible with the information that I received with those
program sites? Can I jump ahead in your business revelations and collapse time frames and understand from your work on Business Tips? Your right it just seems I stuck on inaction looking for practical help on practical things. Website creation - the proper way seems to be my big stumbling block. I am sorry that I went on too long. Is there any minimal advice that you can give me to get me moving off zero ? God bless you and thank you for your candor and honesty. Good luck and God speed on your endeavors to find meaning and spirtual growth with your purposed direction.
Thank you,
Randall Ferguson
Randall, glad to have you on board. Several people have asked about ways to expedite the process. However, the best advice I can give for now is to stick with the program and don’t miss any lessons. Since you got those templates, I also suggest taking a look at:
http://www.irthelp.com
It’s got some tutorials that will show you how to get set up selling those.
[…] the previous two lessons we talked about how to select a niche market, and how to determine whether there’s money to be made in […]
[…] the past few lessons, we’ve gone through the process of selecting a niche market, and defining the topic of your information […]
Kick ass lesson! I liked this one best so far!
Hi Eric,
I’ve sold a very successful weight loss product on ebay for a while now.
I’m about to launch a website that will only sell that product. (a 1 page website specially directed for users of this product)
Since the mark up is not that great, what other revenue streams could i bring in to supplement the sales of the product? An ebook about weight loss might be contradictory to people taking the product.
On a separate note, i have a list of over 500 buyers from ebay who i would like to market my new site to. I have their email addresses - will any autoresponders allow me to add these addresses to them?
Regards,
Dan
Eric I seem to keep telling you how right on you are. It was through losing a day job that got me looking at internet marketing as I determined not to put all my eggs in one basket. Multiple streams of income is the way to go and you are right we need to start with one. I myself have been playing catch up with the lessons by viewing a couple a day before work and am almost there. Starting to get nervous as I haven’t seen the next one in my inbox yet but understand you have your own business and priorities. Keep up the good work you have given me a renewed fire and passion about what I am doing.
Eric,
I notice that you focus on websites versus blogs and I’m just getting started and want to start in the right ‘field’. Can you tell me if one is better than the other? I’ve heard search engines love blogs but then I’m wondering why you’re so successful with web sites.
Thanks, Jeff
A website can be a blog, but a blog is not necessarily a website. Some blogs are hosted on blog sites like Blogger.com and Wordpress.com, while other blogs are hosted on their own website (for example, EricsTips.com is mainly a blog).
In general it is better to have your blog on your own website, because then you have full control and ownership of it.
As far as what type of website is best, it depends on the purpose of the website. Blogs are good for many different reasons, and can also be used in conjunction with various types of websites.
I will be teaching how to set up a blog on your own website.
thanks for making “find a niche” seem so easy and the links for niche ideas was helpful… look forward to your teachings about how to set up a blog on your own website…have a Jesus Day!
Carolina
Once again Eric, really great info. Thanx for sharing.
Hi Eric,
After purchasing your ebook on the Info Products, I saved it, but the formatting appears completely different to the one I downloaded. Can this be rectified? Sorry, I am very new to all this.
Thanks so much
Adele
The ebook is a PDF, so the format should be standard on any computer. So if you’re having any trouble with it, just open a ticket at the helpdesk (www.ericsupport.com) and let us know the specific problem so we can look into it. Thanks
Hi Eric,
Have you ever done a teaching session on how to use Wordpress? I just started this blog but I have two concerns.
1. I can’t seem to get any links to my site.I tried to get a link from Clickbank but no luck.
2. I sent a comment from another e mail address to see if it would show up on my blog and didn’t, can you offer an answer as to maybe why it’s not working?
Thanks,
Tom
Yes I will be covering WP in lessons #33 and 34
As for the comment problem on your blog, its hard for me to know… but maybe you just need to log into your admin panel to approve it.
Thanks Eric, That was it I had to approve the comment. Look forward to your lesson on Word Press.
Tom
Hi Eric, I joined your list some weeks ago and have been an avid follower of the series (great stuff), however some of the vids, covered stuff i was already competent at, so I jumped a head using the link and changing the lesson number, however after 32, this became impossible as the address 404 website not found appeared.
Have you altered the link forthe up coming lessons?
thanks for your time.
Same link… I’m just not done making the lessons yet
Thanks so much Eric. Although I’ve wanted to start an online business for a few months now, nothing has been clear as to what I should do or how exactly I would go about it. Your videos are amazing, I am getting so much out of your down-to-earth words and very clear steps. I started this lesson (Part 1) not knowing what I wanted my niche (sorry but I pronounce it ‘neesh’ here in New Zealand!) to be but half way through I’ve got some really good ideas, one in particular which I’ll now research. Thank you very much. Lynda
Hi eric,
As always another very good lesson. I hope I will choose the right NICHE, I know what I want but there are alot of them out there, but my ideas is to put all the get ones on my webpage. Sort of like the best of the best. Until the next lesson.
same as me,i am not just through with the lecture yet.
Eric, I have some, really good ideals i hope there marketable, anyway looking forward to the next lesson. Thanks again for all your Knowledge, James
hello eric, i’m behind and hanging in their. cant wait until the next lesson dp
Hi Eric. My name is Joey and I am a newbie. I don’t know where to start. I am a very hard worker and single dad. I have a baby girl and she is by far the love of my life. I have been so lost in my life and desperately need guidance. I try to keep a close relationship with god as much as possible, and continually pray for help. Everyone tells me that I can’t do it, or I won’t amount to anything, and so far they are right. I don’t want them to be right anymore. I need help! I need to start earning money now, I don’t want to quit. So far I have everything I need I think. I have the software for traffic, even though I have no idea to use it, my website and all fees paid for. I have been intently watching all of your lessons eric, and I know I can do it. I fear I am out of money for your 97$ membership for traffic machines. It brings me joy that you are christian based, that’s very important to me. If you can guide me in any way, please.
[Reply]
Don’t listen to those people. You can do this. You do need to take care of your baby, so keep working your job if you’ve got one, and learn as much as you can in your spare time. Follow these lessons. Don’t give up, but you will probably need to be patient. It won’t come instantly. Instead of looking at it as a quick way to make money, start looking at it as building a long term sustainable business. It may take longer than you expect, and take more work than you anticipate, but it will be worth it. God bless
Don’t listen to those people. You can do this. You do need to take care of your baby, so keep working your job if you’ve got one, and learn as much as you can in your spare time. Follow these lessons. Don’t give up, but you will probably need to be patient. It won’t come instantly. Instead of looking at it as a quick way to make money, start looking at it as building a long term sustainable business. It may take longer than you expect, and take more work than you anticipate, but it will be worth it. God bless
Hi Eric, thank you very much for the lessons. Really great info!
I’ve got a problem. I just paid for your book “How to Have Your Own Information Product in 30 Days“ by PayPal, but I did not click the “Return to Eric Holmlund” button to reach the download closed the window ( I closed my PayPal window by accident). How can I get my book?
Thank you, Tanya
Thanks, and no problem. Just open a ticket at http://www.ericsupport.com with your Paypal receipt or transaction #, and we’ll send you the download link
Eric,
I am trying to stay with you big guy. I really am but the lessons are coming slower than I would like and I got marketers coming at me from all over the place. (two of them using this email address and I don’t give this one out…don’t know how they found me.) I really want to get up and running but I remember your lesson on not buying stuff. So I am not buying. Is there a place I can go and get the lessons quicker than one a day. I am on lesson 20. Thank you for what you are doing and any further help and suggestions you have…..you got my ear.
When I am done making all the lessons I will be selling them all on DVD. But in the meantime, you can see the most recent ones here:
http://www.ericstips.com/tips/category/lessons/
I thank you sir.I will be in Steamboat Springs in June….how far is that away from Ft Collions. Would like to take you to lunch or maybe dinner is your close. God Bles
it’s about 6 hours. But maybe we could meet at a seminar sometime. I’ll let everyone know when I plan to attend one.
Eric,
I have a niche in mind and I would like to talk to you more about it. You see, I have been doing biblical research since 1982 and while I still do not consider myself a professional, I have had some small articles printed. I just googled “biblical research” and got 13,500,000 hits which tells me that it is a sound topic. I was hoping that maybe you could help me put together an e-book and video on the subject that I could market. I just need a guide to show me what to do next to make this work. I actually have enough material together right now to do 2 or even 3 products. Can you or one of your staff contact me to help guide me here? I really would appreciate it.
Dana
PS. Your course has been great thus far. I am really getting a lot out of it.
Hi Dana
Lots of google results shows that its a popular topic but that doesn’t mean it’s a profitable one. First you need to do some more research to zoom in on a profitable niche in your field of study (see next lesson). I will also be covering product creation within this series of lessons
Hi Eric,
Thanks for sharing this info in such an easy to understand way.
I’m sure that choosing a niche and developing the product may well be a challenge, but I suspect that marketing the product will end up being the biggest challenge. Advertising can so easily swallow up huge amounts of capital.
I’m sure you will be covering the marketing of the product in your next video. I’m certainly looking forward to it.
God bless
Hi Eric, the lesson was great as usual but I feel lost. I’m a newbie and don’t know anything about owning an online business I just know I really want to do this I’ve been following all the lessons and taking notes, reading the suggested books but it seems like everyone else is ahead of me when I read the blogs. were there products I should have purchased from you like web trafficing products if so I missed it, should I have a web site setup already, because I don’t. I stopped reading other e-mails from on site business offers,so I’m not following up with any products, I did download the free ebooks from you w/bonus package the bonus I could not download I have the paypal account with reciept # what else should I have, I have no ideal about a product but I will do the research, I don’t know how to design a web-site or write for a living, so I feel lost here at the start.
Betty
Hi Betty, just keep taking it one step at a time. I show how to build a website later in these lessons, so don’t worry. It’s normal to feel lost and have times of frustration anytime you’re learning something new. If you’re truly not enjoying the process at all, then it might not be a good business for you. But if you’re still excited about it, then just keep taking one step and learning a little more each day
Eric,
I’m really confident about selling afiliate programs such as “Send Me Recipes” and “PLR Food Content”. Traffic has really picked up on my blog “This Dame Cooks” due to articles I’ve written, RSS streams I’ve written for, and other Foodie websites are now contacting me and asking me to display their widgets. The ebook I’m writing fits right in to the “food niche” and I’d like to use Clickbank to market it. I’m also looking for kitchen accessories on affiliate programs, eco shopping bags, and my good friend has just launched Botashi.com a new composting system designed by Japan which I will grab also. I’m going to register my domain with wordpress and use BlueHost as they are recommended by wordpress. Okay, other than food, I might consider selling household budget software, or bookkeeping for micro (mini-sized) businesses.
Eric,
I’m following your lessons with great interest,
I don’t want to sound snotty here but we Brits say niche( neesh) because thats how the French say it as it comes from the french word “nichier” meaning to nest.
The modern meaning as you know, “finding a position particularly suitable for the person occupying it” i:e ” he found his niche in politics” Keep up the good work and thanks for spreading your knowledge in such an unhyped easy to digest way.
G
Hi, Eric:
Good work!
I really like your lessons.
I got one question here regarding the ebook that you are selling. Can I purchase it first with $9, and then after I read it and find it really fantastic, and pay the remaining $18 dollars to have the resale right?
Can I do that? Or I have to pay the full $27 to have the resale right?
Rick
Yes you could do that. Just submit a ticket to helpdesk, and we’ll give you the email address to paypal an additional $18. Thanks
Eric,to have a nich as you said, did it mean to buid your own house on the internet or is it to buy from somebody{rent}?
I’m not sure exactly what you mean, but generally speaking– I am teaching how to build your own business from scratch, not rent or buy it from someone else.
Eric,
Lesson #19 was very informative and a good introduction into the process of finding a niche in the ever-growing commercial world. Since my “product” is a service, I will be walking beside your lessons instead of exactly through them. Accordingly, I may find that I have questions that help me transfer your information from product to service. I did do the action step for this lesson and came up with four ideas that might be turned into products sometime in the future when I am ready to venture into other income streams. These are:
1) Teaching how to read music - I know how but have to research how to teach it
2) Newsletter with tips for healthy eating — many already exist and RealAge already comes to my inbox
3) Weight loss — I wrote a series of 7 lessons for an on-line weight loss site and can edit these lessons to remove any reference to the company
4) Recipes — again, this seems to be overdone already; I am collecting recipes from several sources already
I hope and pray that my website will be found quickly once it is set up. I am anxious to get to work as an FF&E contractor. The nature of the service has already determined the niche. The people who would be interested in my service are those in the design or construction fields.
Meanwhile, I am continuing to upload and edit items to my online stores. I still have to read the ebook I downloaded about eBay. I have been avoiding putting items in my eBay store because of the fees. It’s a bummer to have to pay fees when you are not selling products.
I apologize for the length of this post. I do not know why I get so long-winded. I actually dislike writing even though I seem to have a knack for it. Case in point, I have not been back to my blog since the day I created it….
Louise
Great lesson on finding a niche. I have always strugled in this area. I think I will focus on my passions first (which are computers (setup and fixing, computer software).
you are such a wonderful guy. i don’t believe this. this is what many top internet marketers sell to us. you are a thousand times rewarded.
Great lesson Eric
Wow I have finally found a niche after almost three weeks. Tons of research done but no ideas until I stopped and went fishing for the weekend. Walked in the door and you could say it slapped me in the face… LOL
Eric, you’re wonderful. Don’t know how on earth you find the time to reply to everyone but it makes interesting reading! I had almost given up after months of research and printing out all the freebie articles - having no money,(ended up with 30 folders!) but following your lessons and sticking to one goal has got my enthusiasm back, I can see I will get there one day!!! Many thanks, Dot New Zealand!
Glad to hear it, thanks!
These are definitely good information we need to know before starting a business. The niche thing is very important because you want to promote a product that is profitable especially that is search engines friendly is in demand. I think a big ticket items will definitely be wise move. A big ticket item is your big fish to profits. Thanks Eric
Hi Eric,
All I can say is that it is a good, good, good lesson. Thanks a lot!
God Bless You n Your Family.
i’m still hitting it.guess what this dummy final figure out how to label his email folders.i was rereading your lessons for the umpteen time and it dawned on me you showed how to do this in a lesson on something else.so i finally got my head around it and label all my files.wow this is easier than keeping a written list by numbers thanks again from slow but forever learning me.
Hi Eric , I do not mind telling you my Niche
Actualy it will tied into my Brick and Mortor business. I am building 2 Luxury resort style Villas one is a one bedroom and the other is a 2 bedroom. My hospitality Niche is simple my online customers will have a chance to experience for free for example a one week stay for paticipating in my affliliate programs , for purchasing a related product that is tied in to our Tropical Health Life Style Living. In fact I have a hand full of ideas directly related to my brick and morter business thru links. I cant wait to finish your lessons there great Eric.
I need more patience , I feel like a race horse over anxious for that gate to open .
Thank You Eric for giving your time to all your readers to help them start their business venture online. Barry Charles Anderson
thanks for the info. I already did this. I was trying to get listed on a competitive site. I am now listed 4 times on the first page.
Hi Eric,
Can I ask you a favor? I bought the ebook you recommended above, “your own product online and making sales within 30 days” but I was not able to downloaded the additional bonus ebooks. Will you allow me to download it again. I will understand if you will not because it’s my fault but I will highly appreciate if you consider my request. Thanks.
sure thing, I will email the link to you. In the future, just submit a ticket at the helpdesk and we’ll take care of it
Hi Eric,
I live in South Africa and have a problem using Paypal. Help!!!
Regards
Butch Hannan
I believe there are some other ways for you to get a Paypal account, such as establishing a US or Canadian business address, or partnering with someone here. There are also alternatives such as 2Checkout.
Hi Eric: I’m a wellness expert but am new to the niche world. I’m finding that wellness for everyone doesn’t sell
I have several markets I could focus on but am having difficulty choosing one and would like your input. I could choose: chubby speakers who want to enhance their wellness by losing weight and looking bright eyed and bushy tailed……wellness practitioners who are newbies and want help putting together a wellness business (presentations, free ecourses, info products)–I could mentor them and sell them wellness products that they could sell; entrepreneurs who want to get their health and lifestyle together so they can be more successful. I enjoy all of these markets but know I’d do better if I picked one and focused on developing that. I can easily get scattered and go in too many creative directions. What would you recommend? Thanks for any insights. Cheryl
I have done zero research on this, but out of the above 3 choices my instinct would go with the “wellness practitioners”.
The chubby speakers is the smallest niche, and might be tough to really locate your target market.
There is a market for the entrepreneurs, but from what I’ve seen most online entrepreneurs just want to make money and aren’t interested in health. There are some marketers successfully selling health-related stuff to this niche, but not many.
The newbie wellness practitioners are a big market, especially if you count all the “fringe” areas of the industry. These people are already trying to make money in the wellness industry. You would be giving them the opportunity to make more money… and that’s the kind of info-product that sells well online. In addition to info-products that teach them HOW to build their business, you could also sell Resale Rights and PLR material that they can actually sell (online or even offline) to boost their income.
I’m loving this site and have saved everything into my favourites folder and renamed so I can move easily back and forward to the various sections, what your doing is really appreciated and I know that following closely will get my business turning a profit real soon.
Hi Eric,
I am enjoying all of the lessons; however, like someone else posted earlier, I feel a bit lost. It seems like a lot of people are so advanced and have websites already. Do I have to be a great writer and do a lot of writing for my future website and do I have to be somewhat of an expert at something? I hope not because I am neither but I really want to run an online business. I’m still trying to find a Niche. I basically have a little knowledge in some things but I am in no means an expert in any one thing. I’m going to see this through.
Thank you for your help!
No you do not have to be a great writer, or be an expert. In fact the best way to build a business is to find people who are better than you at each task, and outsource it to them
As you will see through the lessons, I will give detailed information about how you can do most things yourself… but ultimately ALL of it can be outsourced.
And there are ways to get stuff done, even if you don’t have captial initially to hire contractors. For example, you can partner with an expert in a niche, you can partner with a copywriter, etc.
Thanks for the response. Very encouraging!
hi Eric, i am starting to think maybe affiliate marketing might b better for me to start, i have no idea on a niche for a infro product, when will u b talking more on affiliate marketing?
I’ll be covering some affiliate marketing much later on in the lessons, but it will be mostly from the standpoint of doing it from within an infoproduct business. Affiliate marketing is only getting more difficult as the FTC lays down more restrictions, and I really think most people have a better chance of long term success if they build the base of their business with their own products.
Hi Eric,
thanks for the information. After reading this, i think i might be in the wrong niche to start with!
I’m still struggling on finding a proper and profitable niche, and everyone here seems so advance. I thnk there’s still more to learn once you found out that special niche. Can’t wait for your next lesson Eric!
I have the same problem here. I have too many good ideas but I don’t know how to turn them into money.
Eric,
I have fast forward to this lessons because I realized I am not that much of a newbie…U were right I had so much information in my mind that I just did not know what to do. I was stuck precisely on this What should I sell what should my niche be…
thank yo so much.
Eric,
I have a question. Let’s say you have done your market research and the market is pretty saturated. With both commercial offerings and blogs, forums and general help sites for that niche. Do you try to do something different or maybe choose another niche? I am having trouble pulling the trigger on a market to go after because it looks so daunting out there. I understand quite a lot, or at least I think so…lol, but this one area is my weakest link I think.
It is a tough call Randal. I would say it depends on whether there’s a lot of money in this niche, and whether you see a clear way of getting some of that money. If it’s a highly profitable niche, I would not shy away from it due to competition if it’s something you want to pursue. Just because there’s a lot of competition that does not mean the market is necessarily saturated. On the other hand, if it IS truly oversaturated that can obviously be a problem. But ultimately you do need to pull the trigger on something and then succeed or fail as fast as possible.
Another good lesson… thanks Eric…!!!
I am looking forward to the next video.
All the best,
Arne
Just want to say tanks again for sharing all this. I Have started my business on many of these principles you discuss. And you are right about starting and failing, but failing really is such a negative word but one to get past because you know you just learned something from it.
why won’t lesson 14 video play now, it played before. (error not found)
It should play. Have you tried all these solutions?
http://www.ericstips.com/trouble-viewing-flash-videos/
This has been my no. 1 problem-finding the right niche. So like you said, I end up doing nothing. I hope, with your help this will finally help me develop a niche that I can have success with. So far your videos have been awesome and I can’t wait for the rest of them.
Hi Eric and everybody
Thank you Eric this lesson gave me some some good juice for my niche, i am going to use it and put it to work I have been thinking about this for quit some time and today you gave me the inspiration to go on to the next step, and I am looking forward to your next lesson thank you Eric
and best wishes to you and everybody who reads this
Juergen
Hi,
Eric, your lessons are fantastic.Keep it up.Being a doctor i was planning to strat a online website keeping in mind online pharamacy store along with live consultation with doctors. Though much bigger players already have larger presence on net i just wanted your guidance and opinion about this niche.Any reply will be appreciated.
Thank you.
It’s a profitable niche, and it’s EVERGREEN. It will never go away.
Eric, I am greatly interested in the above product, and will most likely purchase it with resale rightes also. However, I would prefer to finish all the lessons first, as I am the kind of individual who avoids “diving” into the water. I like to walk in. (Usually to avoid “bumping” my head too severely on “a rocky shallow bottom, or getting “stuck in the muck” on the bottom.) Therefore my question is will the product still be available, as it appears, at the end of your lessons/lectures?
I am what I consider to be a “somewhat” successful entreprenuer and business owner. (by “somewhat” I mean I ain’t no Bill Gates or J.P.Morgan, (THAT’S “success”) but I do earn a fairly decent income. This will be my first attempt at an online business oporation, so being to cautious type, I investigate and research as completely as I possibly can BEFORE I “get wet”, if you follow my metaphore.
I can be most easily contacted via my email, as I rarely revisit a previous lesson/lecture unless I feel the need.I do find your instruction as well as your delivery at once, most relaxing and informative. A shame that most of my instructors at university weren’t.
Sincerely,
Ed.
Thanks, and yes it should still be available.
I have been stuck at this stage for over a year. I just can’t seem to get passed finding the “perfect” product or service idea. I may just try your informational product in 30 days after all. I need all the help I can get to move past my stumbling block.
There is no perfect product idea. Sometimes you just have to settle for something “good” and then take action… take a risk on it.
If you fail, you can try something else
Thanks, eric for all these lessons ,they are great.
Im realy happy so far about what i see.
god bless u!
Hi Eric,
It’s been couple of days since I saw last lesson. But I’m back now and I enjoy much of these lessons, thank you.
That video gave me some ideas… on how to reach a bigger audience and other forms of content creation… And a new niche to explore possibly? Its fair to say good vid Eric!
Thank you so much for sharing this information, you gave me some good ideas that I will be trying. There are many niches to choose from, but the difficult part is to find a profitable one.
The lesson 19 video can’t be accessed.
It goes blank ! I tried several times and regret it very much. I like listening to the previous lessons,
interesting and easy to understand. Thanks, Eric.
Please try these solutions:
http://www.ericstips.com/trouble-viewing-flash-videos/
Hello Eric. My name is Tatiana and I’d like to join Online Community to start launching my own business. What would be my first steps?
Thank you very much.
Of course my opinion is biased, but I really recommend following all of my lessons.. step by step.
I am still stumbling on choosing a niche and getting traffic. I have run some tests with blogs and nothing is getting traffic. How do I get traffic?
I will be covering traffic generation in depth in lessons #72 - #86.
Hi Eric, I have been trying to figure out where to start from on niche, but you have given me all the clue i need. thanks.
Michael
Hi, Eric
Thank you for all the gold nuggets you are providing to us. I have a website that provides everything you need to build a website under one umbrella. I don’t know how to add other niches to it; or sell ebooks or anything else. I feel quite overwhelmed. can you help?
I suggest taking it one step at a time. You may need to forget some other things you’ve learned in the past. Start with one niche, and build a website just for it. Keep following the lessons
I’m excited to have a online business, but just as anybody got struck to start off. Kindly help.
…Hey, Eric keep up the good work brother..What about the e books i got from you are they not info e books i got them with resell rights to sell them. That was what i’d sell to fund the bigger picture. Software business, thought you made your wealth That way Or is the software biz not as profitable now. I would like to promote the 15 e books that i invested in. What do you think me starting with them as my info product. With you as my mentor on setting up this website it will be a profitable campaign. So as to them e books what would be the best domain name i have some names picked. That will go with that product niche? That will flow in the title & body content. Coming up with ideas in this niche as I become more famlure. Would it be possible to just add it to the website as an upcoming special. Dose it work that way or do I have to build another site and get a domain every time i get an idea within the same niche? I have put up the money being unemployed and that being close to my last check that was the reason i made that investment in epic fire sale my thinking was to get the website built around the e books Too make the money to fund getting the software with the source codes made as my own produce for a start on a software business unless there’s a reason you sold it. There’s still a market for it right? I hope you can under stand why i was thinking this way.
Robert Weber,
[reply]
Hi Robert, thanks for investing in the firesale. Yes you can use one website for multiple products/ebooks. For example, I sell many different marketing-related products here on my Eric’s Tips site. However, I would not organize it like an “ecommerce” site with many products on one page. I would keep each product seperate with it’s own sales page, or create bundles.
Yes there is still a market for the software. If you don’t have any money to modify and/or rebrand the software, then one option would be to find a programmer to partner with. Offer the programmer a % of your profits in exchange for the work.
Hi Eric, I am a Newbie trying to get into the internet business and make a success of it. I am so glad that I ran into your website and signed up for your course. I wish it was the first one I came across when I started. All is not lost yet. Anyway, my question is, what do you think of re-sale rights products and how does that work? I have come accross quite a few and I don’t really get whether people make money off those at all. Also, I know that this course is to do with making our own products. Tell me, Do I need a website to make money as an affilliate? I have been one for past 2 months via Blog.com but am yet to see any action. Please advise if you can.
Have a good Xmas!
I do think resale rights products can be a valuable asset for your business, which is why I regularly buy and sell resale rights. The qualifier is that you need to know how to use them. This lesson series gives you the foundation upon which you can use such assets. For example, if you have your own product, and an opt-in list of subscribers… you can use resale rights products as an upsell, or to monetize your list, or as a bonus for an affiliate product, etc. No you don’t need a website to make money as an affiliate, but I wouldn’t recommend doing it that way. I recommend having your own website, and I will explain why in the upcoming lessons.
Hi Eric,
I have had a dream to help other people like me to make a better life for them self’s.
My goal and niche is to give them away so they can do this with the help from me and others. So what mt niche is to help newbie’s like to make #100,000 in there first year online.
Hi Eric,
When I arrived here in the USA from Phiippines just last June of this year as an immigrant, I never had a plan nor interest of learning this IM thing. But while doing some research on-line, I came across with this women who always greet me “Hi! this is HONEY” before doing some presentations about Blogspot and had mentioned your name, I readily visited your blogsite and registered to receive your newletters.
All your lessons are very encouraging which had excited me to try to understand and gain some knowledge about IM with a plan as per your advice to create an info product of my own. I don’t even have any ideas about FB and Twitter before. Although, I am a slow learner about internet technology but I am learning.
I am already 56yo but still a newbie in this field. I am into off-line business before, but this time, I would like your guidance regarding my plan, because I will be taking a vacation back to the Philippines for 2 years.
To update you, I have already acquired a domain name with lifedomains and the next is to have it hosted with getgator and to subscribe some stuffs which you may recommend as my guide during this so called “my learning stage”, etc. I already have a bank account here in NY and also with paypal. I had downloaded “Your Own Info Product in 30 days” to have some ideas about creating an info product.
At this stage, no amount of hardship can discourage me to continue doing my new found interest with info publishing and my eagerness in learning your 100 step by step lessons through your newsletters.
My concern at the moment is this. Will there be some requirements along the way that will require my physical presence here especially if I have to negotiate (if there will be) or a need to outsource something? I want to make all the necessary requirements be done while I am still here and also what are the advantages or disadvantages of not being physically present here in this line of business? Please advice.
Thank you very much.
Hi Nicolas, glad to have you on board. To answer your question, no there is nothing that would require your physical presence. That’s one of the great things about doing business online– you can do it from anywhere in the world with an internet connection.
Hi Eric,
You are truly a man of action. I didn’t expect to receive such a quick reply.
If by chance you will be going to visit ASIA, don’t forget to add in your itinerary to visit my beautiful country, the Philippines.
Again, Thank you.
Hi Eric, The niche I am working on is weight loss. I have a 30+ yr. experience in health related career. I have a doctorate in Natural Health as well. The niche is very large but the online visits are huge so, I feel I can still make a business out of it. The natural aspect is growing. What do you think?
Based on your experience and doctorate, yes I would absolutely stick with that niche and make a business of it. It’s an evergreen niche, and it’s huge. There’s definitely plenty opportunity for you to glean a full time living from it, or turn it into a something even bigger. I know marketers who are making 5-figures a DAY selling health and weight loss related products on Clickbank, and most of them aren’t even health care professionals. You’ve actually got the authority to back up your claims.
As you can see, I’m playing catchup with your lessons, because I have been battling a voracious bug for about a month. I’m better and back!
I have been a published writer and have had my own food and wine consulting business for more than twenty years. I hope I don’t appear immodest, but I know a lot about my subjects and am considered a good writer. (Have a degree in English and an AA from a professional chefs school (16 months training). My challenge is narrowing my focus. My blog (first one) just went live yesterday.
Because we seem to be pretty open here, I will say, due to a illness of many years (full recovery finally), I have gone through most all of my reserves and my retirement funds. I know there is no quick fix, but I’m willing to work hard and can devote as much time as needed to succeed on the internet because I’m responsible for no one but myself.
Your “tips”–really and incredible course–are the BEST! And I’m delighted to be among so many bright and ambitious students. What synergy!
Cheers,
Michelle
I am interested in marketing an info product to show both owners and collectors of old phonograph records and tape recordings on how to convert them into digital formats for both ease of access and save on the original old recordings by not having to play them over and over again each time that they want to hear them…I am also open to some of the evergreen topics as well…Friends, Lloyd
Hi Eric,
My niche is extremely comepetitive and my idea may fail, if it does I will use it as a really cool bonus or another additional product and I’ll tweak it for that particular market. My info product is an e-book about weight loss but I have my own weight loss studio and it is doing well. I have testimonials and before and after pics etc.,exercise videos will be up soon, but I also know it may not work and I must think of something that will hook my audience. But this, if it works is huge. Backend products etc. I also have several ideas that involve sewing and hair styles so all over the place but one thing at a time. Thanks for keeping my feet on the ground with your real advice and clear information
I am fascinated with the energy niche, solar, wind, recycled. I hope it is a good niche. I am only at lesson 20, “choosing a niche,” and I am following your lessons closely. I really appreciate them. I am now pretty much bankrupt from following the wrong ideas in the past, but I am focused.
Hi Eric,
I jumped on your Trading Pro System as my first product a few months back. Here’s my question: When I choose a domain name, does it have to pertain to a certain niche or can I broaden the title? For example, I want to have several websites pertaining to different niches running off one domain name(Trading Pro System, sports, animals, etc.) I am starting with something that is proven, then going into the areas I am passionate about. Also, I ran across a business dealing with the online gaming niche(not online poker). I never thought about that niche until I ran across this. In your opinion, is this a market with potential? I play some online games myself. I’m just wondering if this is an area I can pursue when I become more comfortable. I always welcome your and any other’s feedback.
Karen M.
Hello Karen,
If you want to sell numerous items from one domain, it would be a good idea to build a solid brand. Otherwise, it’s better to devote separate websites to items to secure them in their own niche.
Online gaming is only growing more and more every day!
Thanks Micah,
I browsed later lessons and I see Lesson 23 goes into detail about this question. I will definitely keep the online gaming on the back burners for now. I need to get my feet wet first and figure out that domain name.
Thank you a lot ,
I am new in the internet but , when iissining to you all the way I feel like an expert thinkers.
Yours
Thomas
Hi,
Eric, i do enjoy your lessons on this topics. I keep coming back to your site for reference whenever i am a new stuffs and get stuck to it. Good job mate.
Thanks Mr. Eric.I am a new internet marketer and still learning how to become a good internet marketer.
please teach me step by step this business from beginning
Hello Ajee,
Here is the link to the first lesson:
http://www.ericstips.com/tips/lesson1/
Hi Eric. Just to throw in my message of appreciation for your great training program. I am currently working through a number of similar programs and must confess. As far as attention to detail and depth of content, you beat the paid training programs hands down. Thanks again.
Neels
Hello Eric:
[How to find a Niche Market?]
Yeah - this is an interesting “money-making topic”. Actually I see 2 distinct affiliate marketing directions:
1. The Affiliate Program which include building a “profitable affiliate niche” website, where you will make money (in commissions) “selling other peoples’ products”.
2. The Vendor Affiliate Program which entails building a profitable “vendor-based niche website”, where you will make money selling:
a) Your own products, with or without a combination with:
b) Selling other affiliate not-your-own-products.
In regard to which business-option we should develop first, either the a) strategy (other people’s) or the b) strategy (our own) - it has been proven that the “earning-potential” of both options are equally good, provided then, that we have been able to ascertain a “profitable niche”.
Now YES, finding a niche is the most important part of the “affiliate marketing business” (either the a) or b) option, it does not matter). Both has the same major issues: Getting and identifying a good and profitable niche (or niches = a lot). You have to set your own personal monthly earnings-target (how much do you wish to earn each month??), then you find some adequate and profitable niches and develop your affiliate marketing business, promoting other people’s products and thereby earning x-time commissions.
NOTE: Say one niche website earns $50/per month in commissions, that’s okay - you only have to find niches and set-up 30 niche-websites and averagewise, you can earn 30×50=$1500.-/month.
One can say - with “affiliate niche-marketing” - you can adapt and set your monthly target earnings-objectives in accordance with your earnings-wishes and or -requirements. Of course this won’t be achieved directly in one month! But, with proper keywords- and niche-research, if you are successful in bagging the correct niche, then after the initial period, your websites will be productive & effective and they will be able to earn the targetted amount of money “month after month”, as we say “on auto-pilot”.
This is my vision of my “affiliate niche-marketing business” sellling other people’s products: Earning money month after month in a satisfiable amount of $$, not pessimistic, truly not over-optimistic, but just taking a realistic “acceptable figure” … this is my realistic down-to-earth vision (5 year-plan).
My Action Guidelines:
I would like to start doing “affiliate-niche-marketing”, and stay on this strategy, with a 5-years objective in mind of “targetting a monthly earnings” of $25000.-/month.
I have observed the steps to be taken as follows:
1. Let us find and determine the profitable Niche-Market, and or Markets.
2. Do KeyWords Research on the proposed profitable niche, and identify the main KeyWords.
NOTE: These main KeyWords are important - as they will determine my choice of domain name.
3. Determine the domain name and go to Name Cheap to get the domain (with dot.com) containing the main KeyWords.
Get the hosting thru HostGator or NPN. Build website, a high-converting squeeze-page, incorporating the chosen domain-name.
This is SEO strategy.
4. Find articles about this niche (Amazon.com) and write about 5-7 “articles with a great & unique content”.
5. Leads Generation Strategy:
Get leads thru double opt-in and getting opt-ins by “offering FREE stuff”, such as the free info-newsletters to subscribers, who wish to subscribed as they wish to receive the FREE info-newsletters and the freebies (what?? “bribing-strategy”). These info-newsletters have great content and value; they are full of information, great and relevant materials about the market-niche.
6. Develop & Get Traffic: The proposed Get-Traffic Strategy.
What is Traffic? We identify 2 traffic models
a) organic free traffic, or search engine traffic and
b) forced traffic, including paid traffic (ads, exchanges, safelists etc).
c) Others, including backlinks, articles, ezines, blogs etc.
Please any inputs and or questions, send all comments to me direct [freakdotjazz2atgmaildotcom]
Thank you very much. It is great to be here Eric.
Thanks for your eyes opener tips.
God Bless you and to your success,
Yours Truly,
Pudjo.
my name is gary i just bought your ten books with the resell rights what i dont know is how to copy them or turn them into cd i could sell them all for the same price but i still dont know how to copy them also im listrd as an affilate of yours i get 50 e mails a day how do i send the people to your website to buy from you i think those are potential customers could you help me out a little bit being an affillate is the fastest way to get started i think do i need a web site to send to your page or can you tell me how to do it with the e mails i receive every day
Hello Gerald,
In order to send people affiliate offers, you will need to have your own list of subscribers.
Eric discusses how to build your own list of subscribers in the following lesson:
http://www.ericstips.com/tips/lesson62/
For a very simple and affordable way to offer materials on disc, we recommend Kunaki: http://kunaki.com/
They can make DVD’s for as cheap as $1 each. They can also fulfill and ship your orders for very low prices.
I find it easy choosing a niche, if it’s something you enjoy and passionate about, doesn’t make it seem like it is so much work.
Will definitely check out part 2
Thanks Eric!
It’s an interesting explainging for me; especially as basis knowledge for a newbie.
Thank you Eric, I got your book and I’ll get back to you after I read it. I wanted to ask you. What should I do if I know the niche I chose has a lot of competition but the product or service is not very common, but the niche is very common? For example let’s say I have a rubber band or How to cook eggs, but my rubber band is a super rubber band and my way to cook eggs makes the person more energetic. These are just examples.
I think it sounds like a good opportunity. Competitive niches are good because it’s proof that there’s money in it. And if your product is unique within the niche, that’s great. It can be difficult if your product is so unique that the people in your niche would never even think to look for it, but that’s where your job as a marketer comes in.
Thank you for the comments that you have given to others. I can tell that I need to focus HISFarm.co. I am working on a layout that allows me to have different categories with affiliate products on different pages. Would you recomend more websites that use wordpress then, clean them up and focus on the different aspects: Tools, Garden, Ecological Gardening/ home maintenance? Thank you!
Hello Chris,
Here are a number of potential gardening aspects I just found using the Google Keyword Research Tool:
hydroponic gardening
raised bed gardening
organic gardening
gardening magazines
container gardening
gardening catalogs
indoor gardening
fine gardening
gardening for dummies
gardening zones
organic gardening supplies
vertical gardening
urban gardening
container gardening vegetables
fine gardening magazine
raised beds gardening
gardening books
gardening pots
container vegetable gardening
gardening advice
gardening equipment
indoor gardening supplies
gardening magazine
gardening supplies online
home gardening
gardening ideas
vegetable gardening
landscape gardening
gardening questions
gardening accessories
gardening tips
vermiculite gardening
landscape gardening ideas
gardening courses
organic gardening magazine
gardening gifts
gardening presents
gardening tools
canadian gardening
gardening gift ideas
gardening naturally
gardening services
gardening games
gardening gloves
gardening jobs
gardening stool
kids gardening gloves
gardening direct
Hi Eric. I’m glad we are now getting to the meat. I mentioned earlier that I started 4 years ago trying to get into the internet business. I’m not giving up because I believe I will make it. But I’m still battling my demons of fear, lack of confidence, self doubt, procrastination, etc. I’m happy to say with your lessons I’m fast overcoming these and getting started. I have set my self goals and targets, thanks to your encouragent. In the last four years, I have been gathering all kinds of information but failing to action!
In the process, I have identified some niches. E-Books is my main niche and I am learning how to produce them. My first specific niche in this area is about taking your health in your hands. I’m passionate about and practising alternative health. What do you think about this niche? I think it has a lot of sub niches. I love to write and would like to develop ebooks in other areas as well. But this will take a little time. I need to make money NOW like yesterday. So I have been looking at setting up a website for Pay-per Lead. I read somewhere that this is a good niche for early income. What do you think? I also looked at affiliate marketing which is claimed to be fast to set up for early income while I work on developing my own products. I rearlly would like your comments and advice Eric. Thanks again for this opportunity to learn so much from your generosity.
Hello Nombulelo,
Many marketers are finding great success in health related niches. Also, it’s great when people can find natural health prevention tips and remedies in the midst of so many harmful drugs!
I downloaded the How to have your own Info product in 30 days and I just wanted to let you know that the Free 2-hour DVD of Internet marketing secrets did not work. I tried to access it three times.
Hello Sian,
Russell would be happy to help you at the following link:
http://support.customerhelpdesk.org/home
things are starting to come together in my old thick head of mine. thanks for the patience and teachable talent you have. some more good books is John Maxwell (failing forward) (the leadership in you and others.another good book and I do not know the author is acres of diemonds.
Thank you for letting me do this course, as a low income, paycheck to paycheck citizen this is my way to my vision
Back-end product, Back-link, Back-office . . . I’m confused. Did I miss something along the way?
Now I’m really confused. When I ordered your course, I knew it was about info-marketing; I want to do my own writing. But I thought, as a safeguard, perhaps I needed the e-books you offered as well, as you said they were unique and you’d already vetted them meticulously. So I spent more money I didn’t really have. Now in Lesson 19, I’m suddenly deluged with more free PLR books, and I’m feeling like I want nothing to do with “flooding the internet” with this stuff. I’m sick at heart. What do I do? Am I just being provincial? Can I still get my money back?
I’m not sure which course you ordered, but I would encourage you to give it a try. I’m sorry you felt deluged with more PLR ebooks. Please don’t feel like you need to download them all! If you need a refund on any product, please get in touch with my helpdesk at http://www.ericsupport.com
Thanks for your business,
Eric
A “back end” product is simply product(s) that you sell to your customers after they make an intitial purchase from you. You’ll hear a lot of marketers say “the money is in the back end”.
Back link is just a link from another website to yours. I explain this extensively in lesson #78.
I don’t recall mentioning back office, but that’s basically just a term for your back end process. The system and/or people that run the back end of your business.
Eric
Talk about failing sometimes before you succeed, I know what that’s all about. I have been trying to get started with an online business for about 2 years wwith no success, but I’m still here and will work at it until I succeed. I’m really greatful to find your website and to become a member. I’ve learned more in the last 3 weeks as I’ve watched your video’s and have done your homework assignments than I have from places that tagged me big time and gave me nothing or so it seamed.
I’ve had a cleaning service for the last 31 years, so I know about sticking it out. I’ve been trying to find something to replace that income for about 10 years now and have gotten wrap up in online marketing, but know nothing about this type of marketing. SO I’m starting at the begining and doing your video’s one at a time, followed by the action steps.
Thank you very much for these videos and for helping poeple like me to do something they don’t know hwo to do.
Jim
thanks eric for the info on tactics on find a niche and how good is the niche all around.