Making Money Online: How To Find Your Niche In The Market

January 31, 2011 by TwilightMoviesUS
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Making Money Online: How To Find Your Niche In The Market

Making Money Online: How To Find Your Niche In The Market

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Home Page > Internet > Internet Marketing > Making Money Online: How To Find Your Niche In The Market

Making Money Online: How To Find Your Niche In The Market

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Posted: Apr 03, 2010 |

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For anyone who wants to make money online, finding their niche is the first and most important step that they need to learn about. The niche is that sector of the online marketplace that you should corner and focus all your online moneymaking efforts on. When you target a specific niche with laser-like precision, you increase your chances of making money online, you make your work easier for you, and you also lower your chances of getting burned out later on.

Now, how do you find a specific niche on which you can focus all your efforts in making money online? Here is how:

1. Find out what drives you. Running an online business can be a time-consuming project. It can also require some emotional investment, especially if it is your first time to try out making money online. To make it easier for you, you should list down the things you are passionate about. And then you find products and services that fit.

For example, if you are a bookworm, you can try becoming an affiliate marketer for online booksellers like Amazon.com. Since you love books, it will not be difficult for you to find selling points for them and convincing your target audience why they should buy this or that book.

2. Find a specific product that you know a lot about. To be able to sell a product or service effectively, you need to be knowledgeable about the product. It may be tough for you to learn new information about a specific product at this point, so it may be best for you to start with what you already know. In this way, it will be easier for you to promote your product because you already know what to promote about it.

So let us say that you love books. Naturally, it is possible for you to like certain genres more than others. So let us pretend here that you like reading books in the horror genre. You can focus your online moneymaking efforts on horror, ghost stories or vampire tales.

3. Find out market demand. You can learn about market demand for your niche by zeroing in on specific keywords to use. In our horror and vampire books example, if you use the Google Adwords keywords tool and if you type in “vampire books” in the search box, it will give you a list of keywords used in the last month related to “vampire books.” You will notice that among the list of keywords are vampire books written by Anne Rice and the books in Stephenie Meyer’s Twilight saga. You will also notice that those keywords have a high ranking, indicating that there is a high demand for those books. So, you now have a target niche and possible products to sell.

It is not that difficult to find a niche when you try to make money online. It is, nonetheless, the first and most important thing you need to learn about when you are making money online.

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Roy Ang –
About the Author:

Roy Ang is a Singapore-based entrepreneur. Together with Jay Lai, he has written the book Inbox Million Blueprint, a guide to making money online using guaranteed effective strategies.

Any system that teaches how to make money online starts with finding a niche. After all, it is the foundation of any successful online business. To learn more about niche marketing, please visit http://www.roundtheclockmoney.com.

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Domestic and international market variable lighting industry has made great "winter"

October 1, 2010 by TwilightMoviesUS
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Domestic and international market variable lighting industry has made great "winter"

Abstract: Since the third quarter of 2008 macro-economic situation is grim, human costs, RMB appreciation, the real estate market downturn, these adverse factors seriously affect the lighting enterprises. Domestic and international market variables, so the lighting industry and deeply feel the coming of winter.

“Ningbo Yuyao regional SMEs have closed down, I have seen dozens of homes, has affected the local economy.” A private enterprise in the region? Zhejiang and Hui Lighting Technology Co., Ltd China Sales Manager Fu Chunming October 25, told reporters. An anonymous sales manager of domestic lighting leading enterprises are the same. He said: “in July before the company’s business in good condition, the growth rate of 10%, to business growth in August dropped by 10%.”

In an interview more than a dozen companies, such a situation not unusual. Common reflection of the third quarter of 2008 since the macro-economic situation is grim, human costs, RMB appreciation, the real estate market downturn, these adverse factors seriously affect the development of enterprises.

Large-scale enterprise “thin winter”

“Pace of development of enterprises as the first few months of this year’s profit is not the problem, but the situation is hard to say the next year.” Wong Kam Sui China Illuminating Engineering Society president, said about the current industry conditions. “See one leaves were gone, with knowledge of the twilight years of age; see a pot of ice cold makes me know my world.” Some businesses are already planning for “winter.”

Zhe Jiang Feidong Lighting Co., Ltd. has been the East China Science and Technology (000727) is a “cash cow.” In the last year in July, when the company’s contribution to the East China Science and Technology every year five million yuan of investment income has shrunk to 250 million, East China Science and Technology will have a flight of 29.9% stake in Tung lighting transferred to Philips. In response, executives with the explanations given to “thin the body strong.”

East China Science and Technology as, like many large enterprises are engaged in lighting their own weight-loss program. A large lighting company executives told reporters, “We will reduce the overseas market, business, after all, the future of the financial crisis to the international market is full of variables.”

“Big business should have a stronger business risk or strength, by adjusting the business strategy, the current production and management has no significant fluctuations.” Wong Kam Sui said.

It is understood that after the reorganization of Philips, Lighting Products Division revenues increased 3.2% year on year, reaching 196 million euros. The company’s regional sales manager Lupot Beijing introduced this year in Beijing with the previous years sales of flat no problem, up to 1 billion yuan, home lighting products guaranteed sales.

It is understood that domestic Foshan Lighting (000 541), Zhejiang Sunshine (600 261), Snow Wright (002 076) listed three relatively stable business development.

In the first half loss of 117 million yuan for stocks Foshan lighting, in the second half to focus on core business, in October the company three T8 pilot production line. The recent announcement revealed that the first three quarters this year, the main business income rose 2.1%, net profit fell 2.2%.

Snow in the third quarter of this year, Wright has transferred shares in Danyang snow Wright, 1 September sales up 17.72% of total revenue, net profit decreased 41.02% year on year. According to the company an insider, although the net income decreased, but the company by strengthening core business, in September remained 6% growth.

As of press time, the sun in the third quarter of Zhejiang notice yet to be announced. Luo Bibo the company’s Beijing office manager, said the company in Guangdong and Fujian, the government awarded the project to ensure the company’s energy-saving lamps of good earnings.

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Tags: &quotwinter&quot, Domestic, great, industry, international, lighting, Made, market, variable

Making Money Online: How To Find Your Niche In The Market

Domestic and international market variable lighting industry has made great "winter"

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