This Content Is Only For Subscribers
Choosing the right niche will make the difference between making money or not. So let’s look at what is important for selection a niche with potential.
You should always keep in mind the reason why people spend money. Purchases are made for the following reason.
To solve a problem they are having.
To fill basic need.
For convenience.
To give them peace of mind.
Increasing their image or ego.
For their entertainment.
To make them wealthier.
For knowledge.
To replace something they have lost or broken.
For value, people cannot resist bargains.
When searching for a niche market, many assume that you need to find a niche you are interested in, one with many niches and their thinking stops there. Of course you want a niche market where there is a reasonable demand for your service, but there is much more to it than that. In my case, I have lots of niches I know nothing about. I might not enjoy the niche, but I do enjoy the money I am making with it. So my advice is, always put your passion aside and focus on the money.
