Make Cash From Your Online Niche Market By Discovering Long Tail Keywords
Posted on November 25, 2009
Filed Under Online Business |
It was the executive editor of Wired magazine, Chris Anderson, who first mentioned “The Long End” in an article published in 2004. He was writing about one of the most important aspects of profitable place advertising on the web, one that Amazon.com used to make itself into the top bookselling program on the Web by offering a huge list of books and appealing to a wide variety of minority interests.
If you plan a row on the graph to illustrate book advertising, from the number one runaway success to titles that have sold just a lone volume, what you will have is a extremely extended descending row. It is the long downward column which is referred to as the “extended tale”. This type of line can be plotted for any market, not only books.
Although Amazon dominates a enormous number of relatively thin online place marketplace sectors all down the extended end of book sales, that does not mean that Amazon has a monopoly or that there is no opportunity for anybody else to construct a profitable program of their own using long end keywords that are targeted at only 1 or two position markets. Merely by learning to control one or two well-chosen niches, you will be able to set up yourself in a very at ease position for doing business on the Web.
A beginner to Internet promotion should not attempt to compete with the big boys at the apex of the tail where the competition for market share is fiercest and vast sums of cash are spent on dominating those markets. Instead, focus on an online market niche that is lower down and you will stand a much better likelihood of dominating it.
So, how precisely should an Online promotional newbie go about finding a niche and dominating it?
First of all, identify something which interests you. Subsequently narrow it down to particulars. A sharp focus is very important for successful niche marketing. You are aiming to find a specific niche which is both small enough for you to stand a decent chance of dominating, but large enough for you to be able to make adequate money out of as the primary specialist in the field.
Let’s suppose that are an enthusiastic fisherman. “Fishing” is a gigantic niche so you need to be more specific. Now “fly fishing” is an improvement but you still need to narrow it down to something much more specific such as “fly fishing gear”. This would be your main niche. Ideally, try to use the keyword phrase as the name of your website, i.e., flyfishingequipment.com or fly-fishing-equipment.com.
Using your online niche market site to set yourself up as a fly fishing equipment supplier might be a workable idea if you have time to deal with wholesale buying, packing and delivery and enquiries.
The big downside with this business model is that there is only a fixed amount of supplies which you can turnaround in a given time, so you will either need to stay small (which you can do by choosing a tighter niche) or take on personnel to meet growing demand.
An extra option would be to make your own information product. Through this you will need to do a large amount of research and writing before you realize a return. Nevertheless, once you have your information product up on your site you can sell it as frequently as you want to without needing to handle stock or take on workers.
You might also like to locate some appropriate affiliate programs to promote in order to generate extra revenue on the back end. You will need to put in some promotional effort to make your website the initial port of call for individuals searching for “fly fishing equipment”. Once more, you are not trying to compete with the large dogs or sell to the entire planet. Your aim is simply to attract a few hundred people to your online niche market website each week and work on changing them into loyal clients.
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