The secret to making money using the niche profit classroom system is finding the right niche. Most experienced marketers will tell you that this is the most important factor but to a newbie or anyone starting out a business, they would not able to understand this factor.
For example, you may be considering going into the niche of “how to paint a rose”. For a person starting any business, he or she will think of all the optimistic factors like having a best writer to write the book. But when you search for the keywords and the search volume, you can actually see that there’s only 480 searches but month.
If you are to create an ebook on this niche, will you really make money out of it?
If you are lucky and managed to achieve a 0.5% conversion rate, out of the 480 searches, maybe only 200 visitors see your salescopy and 1 will buy your ebook.
Do you really want to make so little money after doing so much work?
The key here is to research well for a niche that have a substantial searches and a average to huge market size (market size are usually harder to determine, you would need to know some sales and revenues statistics of the market). You can roughly take a look by looking at the search competitors or if better still, if there’s a clickbank product on the niche, you can see the gravity and look at how well the product is doing.
If you have been doing this for sometime, your ability of identifying the right niche will be better and better.
Of course, you will need to go through the niche profit classroom system of building traffic, creating content, and improving on the conversion in order to make the niche the right niche.
What about competitors?
You don’t really got to worry about competitors. Competitors doesn’t really mean a bad thing. In fact, the more the merrier – it means that there is a substantial market. If the website is well established, it means the market is sustainable and generating cashflow for the website.
When can you expect to make alot of money?
In fact, don’t expect that you will make $1000 of dollars just from one website. You would need to make at least 10-20 websites to get used to the process and later on, some you may fail and others you will be able to make some money. If you are very lucky, you will find some golden niches that can make you $1000 and more per month.