Generating New Niche Ideas – Method #5 Utilizing the Power of Online Tools
The online approach (using online tools) of niche selection primarily involves
finding out what people are searching for and what information they are
trying to find out online.
One method of finding out what’s hot right now is using the eBay pulse. The
eBay pulse identifies which keywords have been searched most frequently on
the eBay search engine and it’s an excellent way of identifying what’s hot on
eBay and online.
The image below shows what key phrases are hot right now on the eBay
market place, but beware, with high searches comes high competition and it
may not always be profitable to pick the term with the most searches. We’ll
analyse your niche ideas in the next section. So, if you see anything that may
be worth pursuing, make a note of it.
keyword research tools from Google. The first being:
http://www.google.com/trends
Type in a keyword to Google Trends and it will display a graph showing how
the number of searches has changed since 2003 through to the present day.
It’s a good way of identifying niche markets that are on the up and niche
markets which are in decline. It also shows you what events in the press
affects the major increases or decreases in search numbers. You can then
identify how media speculation will affect that niche.
Google Suggest (http://labs.google.com) is another great tool for identifying
niches within niches. All you have to do for this one is type a keyword and
Google will immediately provide you with a list of other possibilities for
keywords with highly searched words and phrases. This is an excellent way to
narrow your vision and identify very hot and lucrative niches within niches
(micro-niches).
Below I have searched for the term Caribbean and immediately I could now
branch out into sub-niches.
“Caribbean a” – This will identify all the search terms that have a secondary
word beginning with “a”.
give details on some of the best tourist resorts on the island.
Try many different main keywords in Google Suggest and see what comes up.
The final method of identifying potential lucrative markets using online tools
is perhaps the easiest method and can sometimes be very effective at
stimulating your creative juices and generating new ideas for potential niche
businesses.
This method simply involves you looking at categories in a number of
websites and seeing whether or not you can sub-categorize that niche and
develop a site from there. The best place websites to find a number of
categories are:
http://www.ebay.com
http://www.ezinearticles.com
http://www.magazines.com
Click on a category that interests you, such as “Cameras and Photo” and a
load more sub-categories will pop up. Hopefully using this method will enable
you to conjure up a few more niche ideas.
Make a note of all your ideas and suggestions so the ideas can be evaluated
later on.
That takes care of the online niche idea generation but we still have many
more ways of generating new niche ideas, so stick with us.
Posted by Charlie Dee
on 2:06 AM.
Filed under
Niche Marketing Secret
.
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