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What is a profitable niche market?

You should only focus on Profitable Market Niches and where your target audience have money and are willing to spend it, to satisfy a need, a desire or solve a problem. That is why you should focus on VERY PROFITABLE market niches with high demand! It is definitely NOT worth it, to wear yourself out with unprofitable markets.

Many so-called GURUSs tell you that you must search for new untapped niches to be successful on the internet. However, finding markets with high demand and little competition are very rare. You can make SOME money in a niche market where there is little competition. But you CANNOT build “A DURABLE BUSINESS” in a market with low demand.

Done !, let’s start with the following:

What is a MARKET NICHE?

A niche market is a group of people who need to solve a problem or satisfy a common need or desire.

We generally call them “The group of people who want.” In the following examples, you will understand why we call them that way:

Example:

  • The group of people who want to lose weight.
  • The group of people who want to eliminate their acne.
  • The group of people who want to quit smoking.
  • The group of people who want to gain weight.
  • The group of people who want to learn English.
  • The group of people who want to learn to play guitar.
  • The group of people who want to start an internet business.
  • The group of people who want to invest their money in the Forex market.
  • The group of people who want to generate traffic to their website.
  • The group of people who want to learn to speak in public.
  • The group of people who want to invest in the stock market.
  • The group of people who want to learn to educate their children.
  • The group of people who want to learn to fish.
  • The group of people who want to learn to play golf.
  • Etc.

Our question for you is the following:

Could it be that all niche markets are profitable on the internet?

Definitely not. Profitable market niches are those markets where “ONE” can help people earn money, save money, solve a problem or improve their lifestyle. That is, where those people are willing to pay for our help.

Some profitable market niches are obvious:

• The sports and recreation market (golf, casinos, extreme sports, fishing, etc.)

The health and fitness market (lose weight, gain weight, bodybuilding, fitness, alternative medicine, nutritional products, beauty, etc.)

The market for making money on the internet (internet business, multilevel business, affiliate marketing, blogging, working from home, etc.)

The market for tools to build websites or online businesses (Hosting, autoresponder, video creation, online conference rooms, etc.)

The investment market (Forex market, stock market, commodities, real estate investments, etc.)

The market of love (find a partner, dates, etc.)

Etc. There are a lot of profitable niche markets!

Although there are a hundred profitable market niches. Many of those are NOT profitable, because THERE IS NO HUNGRY MARKET and willing to buy. Or the market is so small that with a single product the market is saturated.

What are the market niches? If you read this tutorial carefully, you should be answering by now: The market for making money on the internet and the market for tools to build websites or online businesses.

In an upcoming tutorial, we will teach you how to research our niche markets, so that you know them in detail and find opportunities to grow your business.