Niche Affiliate Marketing System (NAMS) Workshop 3
Image by rogercarr
Photo was captured at the Niche Affiliate Marketing System Workshop held in Atlanta, GA on January 29-February 1, 2010.
To learn more about the next NAMS Workshop, go to www.NAMSExperience.com.
Are you still looking for that ever elusive profitable market? If you are then you want to read this article carefully because you are going to be handed with one of the promising market worth looking into: the mind power niche.
But you need to think about a few things before jumping in. Here is a non-exhaustive list of items to get you started:
1. Demand and Supply.
Determining the ‘demand and supply’ in a market contribute to the whole profitability equation. If you have the intention to make a killing in this niche, find out if this niche is worth investing your time and effort in. This can be done simply by using free tool available online for example Google Keywords External Tool to check the ‘demand’ and a search in Google for a certain keyword to gauge the ’supply’.
And what’s the best ratio to work with?
As a general rule, work with the ‘high demand, low supply’ ratio.
2. The right foot forward.
If mind power is a new market you or you are a new ‘player’ in it then starting right is very important. What does it mean by starting right?
It means having a targeted, focused market.
It means having the right web presence.
It means having relevant value added offer.
Yes, ‘it’ is more than one but these are important to get all the ground covered. You want to build your strong financial building on solid foundation; in this case the mind power niche.
3. Show your human side.
No doubt that making a healthy profit is what you aim for but bear in mind that you are dealing with human and not ATM. It’s easy to fall into the trap that says “this niche is full of rabid buyers” and mistakenly took fellow human being as machine. Beware! Don’t kill the goose for the golden eggs. You’ll be much better off keeping the goose alive.
4. Be familiar with the territory.
Since communicating with your target audience will become second nature, be sure you familiarize yourself with the words they use, they place they hang out (online) and their disposition. Know something about your audience worth more than knowing everything about your product, service or offer.
5. Be prepared to change.
Mind power niche and human psychology in general, are in constant change. What works today might call for improvement and improvisation in due time because human beings and their condition change. People grew up, they got married, they have children, they change jobs, so on and so forth and their mind will always move up a notch (or move down). And this demands flexibility.
6. Focus to expand.
Somewhere along the way you want to take your position in this niche onto a higher level. And the irony of this niche is you can’t be the jack of all trade so you have to decide to focus on a single thing, say ‘law of attraction training’ and master it to the boot. It is much more profitable to build it from there.
This list of things for you to consider before getting your feet into mind power niche market is by no means exhaustive. There are other things of course but I honestly believe this list can get you started on the right track faster.
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