How to choose a profitable niche for your online business. The truth!

1. How to Choose A
Profitable niche For Your
Online Business

2. I am going to discuss how to
choose a profitable niche for your
online business.
There is a lot of conflicting
information and I want to put
things straight by giving the
common sense approach!

3. It is said that there is nothing new
under the sun! So how do people
come up with 'new' ideas?
Basically they see something that
is already working and then go
about changing it in some way so
that it becomes new!

4. It is the same with niche selection.
It's not about finding keywords
and looking at how many
searches people are making.
It's about finding a niche that is
already working. In other words
niches that are already profitable.
So how can you do that?

5. An easy quick way to see if a
particular niche is profitable is to do a
search in Google and see if people
are paying for ads.
If there are ads there then it means
that someone is willing to pay money
to have them there and therefore they
need to be making money in order to
see any profits.

6. You're not going to pay for advertising
if you aren't sure that you will make
sufficient profits from that advertising.
If a niche is profitable then there must
be demand from customers and they
must be willing to spend money in that
niche.

7. Another thing you can do is to see if
there are forums for a particular niche.
If there are forums then it means that
there are people passionate enough
about that niche to want to hang out
and get involved in a forum.

8. Also if there are forums then that
becomes a great place for you to
get visibility to your business and
offer.

9. There also needs to be plenty of
product ideas for your niche.
If you can only create one product in
the niche that you have chosen then
your profits will be severely limited.
You need to be able to create
multiple products and therefore your
niche must have plenty of product
ideas.

10. Go to Amazon and see how many
non fiction books there are in this
niche.
What are the titles about?
This should give you a clear idea
or whether that niche is going to
work or not.

11. Above all I believe that you should
have a genuine interest in the
niche that you chose because
you will need the drive to take
action and get things done to
build and grow your business.

12. If you found this helpful then you might like to visit
my website:
KayFranklin.com
(Free download available)