September 19, 2008
A Few Niche Ideas
One of the most common questions people ask me is "Where do you get your ideas for niche markets?"
It's not something that I have ever had a problem with, there are so many readily available sources of ideas! I read a newspaper every day, I watch the news on TV, I read magazines on topics that interest me, I pay attention to the advertisements on TV.
Everywhere there is a problem there is a niche market.. People who are looking for solution to a problem with often be willing to pay for an immediate solution.
I've just noticed three niche market ideas by watching TV adverts: Removing Hard Skin; Travel Insurance for the over fifties and Current Bank Accounts that pay interest.
Finding niche markets doesn't have to be a major problem. just keep your eyes and ears open, pay attention to what's going on around you.
Filed under News by John
Comments on A Few Niche Ideas »
I suspect the largest impediment that people have to finding new niches is the mental block imposed on them by their own personal experiences and circumstances.
If you are a person that battles to think outside-of-the-box then there is a simple little Wordpress plugin for finding new niche ideas that can help open your mind to more lateral thinking.
http://wordpress.org/extend/plugins/the-frooglizer/
It mines its keywords from Froogle and Google Suggest.
Keep having fun.