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Generating New Niche Ideas – Method #3 Your Social Networks Hobbies and Passions

This is similar to method #2 where you used your hobbies and passions to
generate new niche ideas except this method involves using your friends and
families interests.
If you’re lucky, you will have a few friends or family members with obscure
interests and passions. This way you can locate niches that very few others
will know about and you can dominate this micro-niche market.
A micro-niche market is one that is very small in comparison to other
markets. It is much easier to dominate a micro niche market than a broader
niche and the customers are often more passionate and more willing to buy.

     

Posted by Charlie Dee on 1:59 AM. Filed under . You can follow any responses to this entry through the RSS 2.0

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