: What's Your NICHE market? by: Gillian Tarawhiti Knowing your NICHE MARKET and where to find your NICHE is more important than the product you sell. Most Netpreneurs take a narrow view of NICHE MARKETING as a limitation

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What's Your NICHE market?

by: Gillian Tarawhiti

Knowing your NICHE MARKET and where to find your NICHE is more important than the product you sell.
Most Netpreneurs take a narrow view of NICHE MARKETING as a limitation on their business, when in fact it is the POWER that provides longevity to their business.
The biggest mistake most new netpreneurs make online is that they have no idea where, or what, there NICHE MARKET is and therefore, sell their product to everyone and anyone and in the end sell to no one.
A common misconception is that â€“ if you build it they will come. The truth is you have to find your NICHE and get them to come to your site.
In talking to new netpreneurs the first question I ask is who are you selling to? The almost instantaneous reply and always the same answer is: â€˜everyone and anyoneâ€™.
The next successions of questions I then ask are:

what type of product are you selling
who would use your product
What problem does your product solve
Is your product distributed easily
Who would benefit from using your product

Simple questions, but not so easy for many netpreneurs to answer. If you take some time and answer these very straight forward questions you will find that by defining your NICHE you will be better equip to go straight to the source, than taking a stab in the dark and hoping it will all work out.
You will also find that by defining your NICHE MARKET you will:

Help define your Internet Marketing Strategy
Develop products/services that appeal to your NICHE
Set yourself up as an industry leader
Optimise your site for search engines so your NICHE can find you easily
Maximise your marketing budget where it counts.

Once again I ask you: WHATâ€™S YOUR INTERNET NICHE MARKET?
The truth can be found in your answers
Gillian Tarawhiti

Community Training Centre