The Niche Marketing Blog

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Archive for the ‘niche markets’ Category

Is Social Media a Fad?

There is much discussion these days about social media and whether or not it will be around in a few years.

Watch this short video and decide for yourself.

If you believe that social media is the wave of the future, then the next questions are:

* how can you leverage social media to better reach your market?
* how can you use social media to help you find your audience?
* how can social media help you discover niches and micro-niches?

We’ll explore these questions in future posts. In the mean time, what are your thoughts about the future of social media?

Click on the following link to learn more about the book, Socialnomics.

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Social Media Benefits Niche Marketing

Image representing YouTube as depicted in Crun...

Image via CrunchBase

Social media sites are quickly becoming powerful tools for the niche marketer. Facebook has recently announced reaching 500 million users. YouTube is now streaming two billion videos a day. Twitter is expanding at a faster and faster clip.

These, and dozens of other social media sites, have turned the social media experience into a boon for the savvy niche marketer. How? Each of these social media sites have “search function” capability. This allows marketers to focus and follow conversations within their niches.

Keeping current on the latest trends, releases, and topics is powerful in itself. But, the real power lies n the niche marketer’s ability to interact, to comment, and to respond to the stream of information in which they are competing. This gives the astute niche marketer the edge by creating opportunities to be seen and heard by prospects.

If managed correctly, the niche marketer can be viewed as an authority, or expert, in their chose field, and this positioning can drive traffic back to a home page.

What does all of this mean for you? Quite simply, if you are not engaging in social media to help sell your products and services, you are leaving lots of money on the table.

Today’s tip: figure out who your target market is and use social media to connect with them.


Related videos:
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Social Media Revolution

Social Media Revolution: Is social media a fad? Or is it the biggest shift since the Industrial Revolution? This video details out social media facts and figures that are hard to ignore. This video is produced by the author of Socialnomics.

Niche Marketing: Finding Hot Markets

NicheTrends.net If you’re stuck trying to find niche ideas for your niche marketing, here are some free tools that I use to find hot trends that may help you as well. You can also download a free report of the hottest niche marketing trends of 2008 a…

Niche Marketing: Niche Market Research

NicheTrends.net The key to niche market research is finding the needs of your target market. Watch over my shoulder as I dive into market research for a niche. Need more ideas? Download a free report on hot niche trends on http

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Building Web Traffic – 4 Steps to Success

Simple example graph of Web traffic at Wikipedia.

Image via Wikipedia

So much is being written these days about building web traffic to your site. A quick search on Google for the key phrase “building web traffic”, results in over 45MM pages  alone.

Once you cut through all of the clutter, however, you will find that building traffic comes down to the following four concepts:

1. You must carefully identify which keywords your prospects are using when they search.

2. You must learn the basics of SEO – both on-page and off-page – to begin the ranking process.

3. You must focus on providing quality content on an ongoing basis.

4. You must seek out, and obtain, quality back-links from relevant web sites within your niche.

There are many strategies, both paid and free, for implementing the above four steps, but these are the four steps you’ll have to master if you want to see your traffic numbers increase.

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Niche Marketing News and Views

My Walk 4 - It's A Niche Market

Image by awmalloy via Flickr

By Scott Spooner

From niche marketing misconceptions, to the power of simple, small business ideas, here is the latest niche marketing news from around the blogosphere.

Niche Marketing-How to Maximize Niches

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3 Popular Niche Marketing Misconceptions | Business Directory for …

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Niche Marketing – The Real Future Of Internet Marketing

What is a niche Market? It is simply a cluster of individuals with a standard interest. Some examples are hobbies, issues, needs, wants and lots of.

Why should you care about Niche Marketing? (William E. Petersen …

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Have you ever noticed how many times the simplest small business marketing ideas end up working the best?Who ever said small business marketing has to be hard?I.

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2010: David vs. Goliath

By Scott Spooner

This year I find myself thinking about what I want to accomplish. As Internet marketers, we have many business models before us: product creation, affiliate marketing, CPA marketing, joint ventures, and product launch marketing – the list goes on and on.

If we are smart, each of us will focus on one, or maybe two, of these strategies and then get busy with setting up efficient processes that will generate both profits and a long term business model. Before we are finished, however, we must also decide the approach we want to take in developing a market position. In short, we need to decide if we are David or Goliath.

In this example, David is a niche marketer. He or she has limited capital, lots of ideas, and a desire to gain a foothold within a niche from which his or her sales can expand. While David may want to dominate the niche, he or she understands that every journey has a beginning, and that beginning starts with a single step.

Staring David in the eyes is Goliath. Goliath is a large well-establish company, with an authority presence in the marketplace. Goliath has lots of capital, time, resources, and ideas. Goliath’s strength is also his or her weakness.

The Goliaths of the world tend to be cumbersome and slow to seize opportunities. David is better positioned to take quick action; but sometimes needs to be prodded into taking that action.

I mention all of this because, as we look everywhere we see many Goliaths; the big corporations that are generating lots of sales and revenues. Too often, the Davids of the world try to emulate the Goliaths, both in form and function. We set our eyes on branding our products, services and companies, instead of attacking a poorly defended niche to gain our foothold.

Ultimately, most Davids lose the battle simply due to lack of capital and resources; that is, we simply can not compete head to head with the Goliaths of the world, and we burn through our time and money in the process of doing so. Goliath wins because he or she has the capacity to outlast David.

The answer for David is to realize that he or she is, well, David. Do what David does best. Find your opportunities, take action, and strike. Re-set, and strike again. Gain a foothold, then another then another. Allow the branding to occur as a result of your interlocking niche building, and not the other way around.

So, as 2010 unfolds, consider your marketing approach: are you a “David” (niche marketer, nimble and focused), or a “Goliath” (capital and resource rich, with branding in mind). If you are a “David”, then set your marketing and business strategies to make the most of your strengths, while minimizing your weaknesses.

Here’s to a prosperous year.

 


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Niche Marketing: The way to benefit from Social Search

by Scott Spooner

Google has recently added “social search” to its ever expanding catalog of “Google labs” experiments, and this is great news for on- line organisations which are involved in niche marketing.

For people who are comfortable with, and rely upon, seo strategies, “social search” will come as a welcome supplement to your SEO toolkit.

Search engine optimization was once defined by paid and organic search parameters. However, as the Internet has evolved, newer search platforms have become crucial Internet marketing tools. These tools include well known properties like YouTube, Facebook, Twitter, and alternative social networking websites.

Here are but two examples of the way newer search platforms are making their presence felt.

Surprising to some, YouTube is presently ranked as the number two search engine online. The sheer volume of videos served up each month by YouTube accounts for this high ranking.

Additionally, both Google and Bing just announced that they are indexing – and thus displaying in search results- Twitter posts(tweets) , leading many internet business owners to rush towards having a comprehensive “Twitter plan” in place as soon as possible.

It is due to the emergence, and prominence, of these newer search platforms, that “social search” is being developed. Indeed, these recent developments have many ‘Net watchers speculating about whether social networking will be the next big thing in internet niche marketing.

That brings us back to Google and their newest experiment.

At the Web 2. Summit(2009) Marissa Mayer announced latest experimental feature offered by Google, noting that it is aimed at improving the user’s search results by including web pages created by that user’s social connections.

This is how Marissa Mayer describes this new experimental lab:

“Due to the ever- increasing popularity of social networks, we’ve been thinking about how your social network could influence and improve your search results. Social Search does just that by surfacing content in your search results that is written by your friends or people you follow. That way, you get the best resources from the web overall, plus the best results(blogs, reviews, travelogues) that are relevant to you, since they were written by people you know. Social Search will be launching soon on Google Experimental and Google Labs. ”

In brief, social search is all about developing greater relevancy to the individual user who is conducting a search through Google.

That’s wonderful for the individual user. But, what about the internet marketer who is attempting to gain a better foothold in their niche? Well, this new function could prove to be a boom for the savvy niche marketer that is already mining the internet social networks.

Businesses owners who have established followings on Facebook, Friend Feed, Twitter, YouTube, and similar sites will now be able to search targeted key phrases on Google and monitor the buzz(or lack thereof) around their company and/or products. Trend spotters will be able to identify emerging trends to capitalize upon, or potential problems that need quick remedies.

Just think what this means to the internet niche marketer: real- time, direct access to the thoughts, posts, and musings of those in your social(and for the smart marketer, that can be read as “business”) networks.

So how does the feature presently work? Let me state right off the top that, because of issues relating to privacy, social search is set- up as an opt- in feature, and is directly connected through Google Profiles and Gmail. So, to participate, you’ll first want a Google account.

Once you’ve created your account, you add links from your Twitter, Friend Feed, and similar pages, to your Google profile. Google will then explore those links to identify your followers and the content they produce; content derived from their blogs, photo albums, videos, and reviews.

Then, the following time you’re searching at Google, if your search query returns helpful results from your social connections, Google will display the results at the bottom of the search results pages.

To view how this function works, log into your Google account, and then type your query at Google. com. If you don’t see a OneBox at the bottom of the search results pages, click on “Search Options” and select “Social” to include the results to your social circle.

Now, you may be wondering just who is included in this new social network. A Google help center page tells us that the network includes:

• people you’re connected to through social services(such as Twitter or Friend Feed)
• people that you’ve listed in your Google profile
• people in your Gmail(or Google Talk) chat list
• People in your Friends, Family, and Coworkers contact groups for Google

Additionally, Google Reader subscriptions can be added, so it’s now simpler to search Google Reader.

Keep in mind, these connections are on an opt- in basis, and you’ll be able to include, or exclude, any group or social service that you wish. If you fail to opt- in, your social networks won’t be included, and you will not see their content in your search results.

So, have a consider this new experimental function. Get good at using it, because it’s likely that your competitors will likewise.


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Creating a Keyword List for a Niche Market

In this Snowcast ( http://snowcaplabs.com/blog ) Loren demonstrates some simple techniques to finding “keyword seeds” and expand them to get hundreds (or thousands) of keywords relevant to a given market niche.

Using freely available tools, such as the excellent (and free!) Keyword Tool available from SEOBook (http://seobook.com), we see just how easy it is to learn a lot about the web traffic available to your markets.

For more web marketing screencasts, advice, and consulting, check out http://snowcaplabs.com

Duration : 0:9:58

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Using Google’s SKtool To Find Niche Ideas

How to use Google’s search based keyword tool to find niche ideas. This short video is brought to us fro mthe folkjs at Noble Samurai, the creators of Market Samurai.

Duration : 0:1:56

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Discover Niche Markets For Your Online Business

Looking beyond the numbers in your market, this video discusses how you need to bring your own knowledge and passion into the mix in order to succeed. Focus on what you know, what you are good at, and what you enjoy doing.

Duration : 0:6:11

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Niche Marketing: Niche Market Research

The key to niche market research is finding the needs of your target market. Watch this short video as the author dives into market research for a niche.

Included in this video is a tour of Big-Boards.com and how to use forums in your market research. This is a good video if your are having trouble coming up with niche ideas for your on-line business.

Need more ideas? Download a free report on hot niche trends on http://NicheTrends.net

Duration : 0:9:55

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