This is a question that I’ve always encountered online, and even more so recently from students of the Niche Domination Secrets course…

There are literally thousands of niches that one could make money from online but is there one there something that makes a certain niche better than others?

Before you start marketing in any kind of niche market, there is one thing that you simply need to determine …

Do the people in that market spend money???

1) If nobody has money to spend, or is not willing to spend money, then it doesn’t matter how “good” the niche looks in terms of being able to break into it.

Above all, you need to make sure that a niche is (at least potentially) profitable before you begin working in it.

Does the market have competitors making a profit???

2) Secondly, you also need to make sure that the niche has competition (and again, that means competition who are making money).

Some people think that a lack of competition is a good sign, that it may mean the niche is completely “untapped” and that you can go in and completely dominate.

Unfortunately, the more likely scenario is that someone has already thought of that niche, tried it, made little or no money, and decided to forget it.

Competition is not a bad thing - it proves that there is a profitable market to tap into.

Does the market have an unsolved problem???

3) If you can solve a major problem of the people in the market, it means that you have a much better chance of having success.

People with problems, particularly serious problems, are often willing to pay for a solution. If you can provide that solution, it’s money in your pocket!

Think about what problems people are having. Find the biggest, most common problem and determine a way to solve that problem.

HINT: Forums and discussion boards are always a good place to “spy” on your potential market and see what they are talking about.

So what is the best niche to enter?

The truth is, there is no “one” best niche.

The internet has such a massive reach that there are thousands of “best” niches to tap into, and so long as you make sure to satisfy the three criteria above BEFORE you spend any time and money creating products, then you have a much better chance of success.

The internet is an incredibly powerful tool, and (though it may not seem like it) there are still very, very few people who know how to use it effectively to make money - particularly outside of the IM niche.

I firmly believe that it’s possible for every single person who ever reads this post to be able to go out and carve their own part of a profitable market.

What about you?

What markets do you want to get into, or what markets do you think would be profitable?

I’m not looking for you to tell me the exact products you would create or anything like that - this is not to “steal” ideas.

I just want to get people thinking about different markets, outside of the “sell internet marketing stuff to internet marketers” niche.

Leave a comment below and tell me what market you think would be a good market to get into or what market you would like to get into.

To YOUR Success,

P.S. Eric and myself will be reviewing these ideas soon and we’ll pick out one person to join us for free on our next call to discuss it. So go ahead, submit your idea, it may be a winner!

Thanks for reading! If you're new here, you may want to get a free copy of my "Succeed In 30 Days" marketing course.

Just fill out the form on the top-right and I'll send you the link!.

If you turn on the TV or read a newspaper these days, there’s one thing that you’re going to see on pretty much every news channel …

The economy sucks!

And it’s not just here in America.

I know from talking with family and friends in England and Ireland that things are little better over there in Europe.

People are getting forced out of their homes, jobs are being cut, and gas prices are insane. (Like over $10 a gallon in the UK!!)

All of this is going to affect you and I as marketers.

Why?

Because people don’t have as much money to spend on the things they don’t NEED to live.

They have mortgage payments every month, bills that need to get paid, and all of this leaves them with less to spend on non-essential items.

The truth is, if you’re trying to make money online, chances are you’re in the “sell internet marketing stuff to other people looking to be internet marketers”. Right?

It’s nothing to be ashamed of. That’s how I got started too.

But now … I’m starting to think it’s a BIG mistake, especially for anyone who’s just getting started.

It’s so much work to try and make your way in such a competitive market, especially the way things are right now.

There are more and more people trying to be internet marketers, and less and less people with money to spend.

It just doesn’t make sense to try and get into a market like that, particularly if you still consider yourself a beginner. There’s just SO much competition… So much already out there!

But it’s not the end of the world.

Remember I told you there IS a right way to do things:

If you want to build a real “recession-proof” business, a business that will make money for you continuously, regardless of the economy, then you need to focus on one thing…

Building a business in a hungry niche market.

A market where people are STILL hungry, no matter WHAT the markets are doing. Where the market NEEDS what you’re offering, not just wanting it.

If you know where to look, you can always find niches where people are spending money on the essential things they need…

Often these markets are so big and so hungry, that all you need to do is simply create a product then find a way to stand in front of them.

Ok, so by now you’re probably thinking…

“That’s great Richard, but I know *nothing* about finding niches or creating products for them, so how is this going to help me, a complete beginner?”

Even though I know about marketing, driving traffic, building lists etc… I’m NOT an expert on niche marketing either, but I know someone who is… And this guy… He finds these insanely hungry markets in his SLEEP.

More than likely you’ve never even heard of my buddy/ mentor Eric Farewell. And to be honest, until a few months ago, neither had I.

He’s someone who likes to quietly work away, behind the scenes, but he’s probably the most absolute authority on niche marketing that I’ve EVER come across in my 5 years of working online.

This guy makes me feel like a newbie!

Anyway, Eric and I got to talking at a seminar recently, and some of his successes (and fairly hilarious stories) absolutely blew me away.

It turns out that he’s responsible for some of the biggest product launches EVER online (think multi-multi-million dollar launches) but his PASSION is in picking out and dominating profitable niche markets.

One of the coolest things he helped me realize was that you don’t have to be an “expert” in a market to be considered one.

The more I talked to Eric, the more I knew that I had to have this guy help show me how to build multiple, profitable businesses in all kinds of different niches… and do it easily following his systems.

I count myself extremely lucky that I got chance to speak with him at the seminar. (He charges $1,500 an HOUR just for consultations and he’s VERY picky about who he works with.)

I really wanted to learn his secrets and his exact business model for myself.

As a result (and after doing a good bit to convince him), he’s now my mentor… But it’s costing me (I wont say how much but let’s just say I could use the money to buy myself a brand new Aston Martin [or two]!).

Honestly though, I don’t mind, because it’s been a great investment for my business.

I think one of the reasons he agreed to work with me is that he knows I’m in this business to help people too. Obviously I’m looking to make money, but I believe you can still do that while teaching people and helping them at the same time.

As he was explaining his systems to me, I quickly realized that this could be replicated by literally anyone, regardless of experience. They’re surprisingly simple once you break them down, but they’re incredibly effective.

I got to thinking that it would be great if I could invite my readers to “listen in” as Eric coached me through some of his secrets.

He wasn’t so keen at first.

After all, there are plenty of people who’ve been willing to pay him thousands of dollars for that privilege.

But after talking with him some more, I eventually managed to persuade him on the basis that we’d do something together.

He’d share his secrets on how to pick out and create products in super-profitable niches, if in return I would share my SEO and traffic secrets on how to market those products most effectively.

There was one major condition though…

Eric is extremely busy, and with baby Adam, my schedule is pretty darn hectic too (I’m sure you parents can understand).

So before we decide to do something like this, we need to know if people are truly serious about getting this insider information.

This isn’t going to be another “fluff” ebook that gives you some general “theories”.

This is the real “how to” and more importantly, “how to get it right”.

(or at least it’d BETTER be… His coaching has been the best yet for me, and I’m literally just going to be sharing some of my time with you… Without asking you to give up on your Aston Martin

Like I said, we are both willing to do this, but ONLY if enough people are interested.

If you want to finally discover how to build a real business, in a sustainable market, leave a reply right now, using the comment box below saying:

“I want to build a real business”

If enough people reply, we’ll start putting it together right away.

To YOUR Success