Just read a great article by Lynne Terry, one of my favorite Internet Marketing experts. Choosing a viable and lucrative niche for your online business is no easy task. Whether you have traditional business experience or not, getting online sales is in many ways a whole new game.
Finding a niche where there is money to be made is the key. What I love about Terry’s article is rather than going with the shop-worn advice of “do what you love” or “Choose a niche where you have professional expertise,” she suggests that you first do a little excise to dream and dream big. If your starting something new anyway (Internet Marketing), why not go big!
She recommends two very vital next steps once you’ve identified your dream… Keyword and market research. Then find out if it’s a buying market. Wise advice. So many have been discouraged by their Internet marketing results because they didn’t do this first!
If you are a business owner looking to expand your business online, do yourself a favor, find a related niche that has a buying online market before you do anything else.
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