Niche Marketing – The Basics
by David Lim
A niche market can be defined as a market within a larger market segment whose needs can be very specific. Typically, a niche market is too small for the big boys to be interested in so the competition will be manageable for the new players. Niche marketing is simply marketing that is targeted at a niche market.
There are many ways you can go about running a niche marketing campaign. But online, where the target is usually keywords with low competition in the search engines, you would probably take the following steps:
* Research keywords that a surfer will use to find what they want. Pay attention to those particular keywords which has a good potential for profit and not a lot of competition in the search engine rankings.
* Build a website or blog for Adsense revenue or revenue from other ad networks. You can also aim to sell your own or affiliate products.
* Use on-page SEO techniques to optimize the website for the targeted keywords.
* Get inbound links to your site or blog by submitting articles to the article directories. In addition, you can also network with other webmasters and get links between your sites or blogs.
* Keep building inbound links until your website ranks at the position you want in Google for your targeted keywords.
You can do it in many different combination’s but the basic steps are outlined above.
Expected Cost
In my opinion, you must pay for your domain name and web hosting. They will cost you less than $11 per month. The advantages of paying for those far weighs the small cost incurred.
Other than the obligatory domain name and web hosting, there are some services that can increase your productivity:
* You can choose to write all the content yourself but it is time consuming. If you have the budget, you can consider getting a writer or writers for at least some of your content.
* Submitting your articles to all the various article directories, websites and blogs is time-consuming and probably one of the most boring activities known to man. If you can afford it, you really must get a service that automates the submission.
* Services that reduces the time it takes to get good anchored backlinks to your site.
Skills Needed
You will need at least passable skills in the English language. If you can write with minimal grammatical and spelling errors, and you can get your message across clearly, that should be good enough.
There is a lot of computer and web related work to do. On the computer, you might find yourself touching up some graphics, or installing a software application, or even doing some html. On the web, you would probably need to update your name servers and configure your hosting account. You don’t need to be an expert to do all these, but some level of computer literacy would be needed.
Niche marketing is not a job but a business. And in any business, a spirit of entrepreneurship would be needed. While I have broken down the marketing process into a few simple steps, the details of how to implement each step varies for different people, different websites, different keywords, etc. Each niche also presents unique challenges that you, as the entrepreneur, must meet.
About the Author:
While ideas are easy to come by, those that are easy and really work are not. David Lim runs a site about easy money making ideas that are practical, quite easy to try and works well with a little time and effort.
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