You already know importance of finding a niche market to your
online business. And you have probably seen or even use some of
the niche research tools available on internet.
You have to be careful with the tool you use for niche research. Many of the
tools are based on demand and supply logic. It can be a disastrous trap if you
are not careful.
Over 95% marketers are still poor today because they follow this demand
supply logic passionately.
Forget online niche research website. Don’t rely 100% on what they say.That is why many people lose money when they take information from such site.
Common sense tells us to compare the demand with the supply.
It works if you intend to grab a whole lot of prospects… provided that it works 
But people often go after such logic and still fail.
Why?
1. High Demand/supply ratio does not prove that there is
money in the niche.
2. Only High Supply can prove that there is money in the
niche.
Therefore, you should not just look at the demand-supply
ratio.
This can deceive you.
You should check the number of competing products and
companies.
And the money that people spend in advertisement. These 3
factors
are important.
It is about psychology of business. If there is no money in
a niche market, no one will create a product or service for it. No one will
also spend money in advertisement.
Keep it a secret to you because more than 95% of people
blindly follow the demand-supply logic.
31 DAYS TO successful 2009 part articles
Day 1 – Million dollar Briefcase
Day 2 – Reason why I failed at first attempt
Day 3 – Basic tools for internet business
Day 4 – One thing you need to make money online
Day 5 – How to know what exactly people wants to buy
Day 6-8 Millionaire in training success
Day 9 – My internet business sequence
Day 10 – Free Website Traffic – 3 great techniques
Day 11 – 11 internet marketing tips to success unplugged
Day 12 – 7 more golden tips
Day 13 – Only absolute way left for little guy to get rich online
Day 14 – KEEP READING – ZERO TO HERO FREE EBOOK
Day 15 – How to create instant success on internet
{ 4 comments… read them below or add one }
thanks for all this tips and information you are blessed
thanks, this is good.
am expecting the remaining 16, God bless u.
thanks,more expectation more grease to your elbow
Yo are doing a good work,
any time I come here there is always something to get hold on.
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