Tuesday, January 19, 2010

Are your items desired? Research the Niche!

Once you find your suppliers, you will need to see if there products are wanted online. The number of searches each month is a product/niche is the demand. Though demand alone will not make money online. The supply will be the number of web pages that compete for the phrases used to describe the niche. As a result you will want to do some niche market research to be certain that your potential niches can be effectively marketed online.
Niche Market Research
Be sure there is enough Demand vs Competition to make your site profitable (You may want to find the supplier first)

A__
Use www.freekeyworddiscoverytool.com & do a search for a keyword on a physical product.
Make sure the keyword phrase for the product has at least 1,000 searches on this site, meaning 1000 searches per month.

B__ Use www.Google.com to determine the competition
Make sure the results in Google are below 5,000,000

C__Find between 5-10 potential niches

I recognize there are other methods to do niche research & other tools can be used. In my experience other tools are more seasonal & specific to individual search engines. These tools tend to be the best for the beginning dropshipper.

I am in the process of writing an eBook with step by step lessons to help the most inexperienced computer users & potential business owners learn how to do all the things that are required to get their online business up & ready for marketing within5-15 business days. Though this step is pretty basic. Make sure you use the exact same search phrase in the Free Keyword Discovery Tool as you do with Google.

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