Niche marketing is, without a doubt, the most popular method of making money online.
The concept is so simple: find a niche with hungry buyers; provide them with some free valuable information on their subject; and subtly (or directly) lead them forwards into a “click here” link to get more information.
Almost everyone involved in internet marketing has had a ‘lights on’ moment at some early stage in their career when they realised the potential that could be achieved from this simple concept.
But did you know that well over 90% of internet marketers fail to ever make any money online? The exact statistic is not known, but many experts claim that it is as high as 98% failure rate.
Wow! 98% failure rate! For something so simple?
So it makes you wonder, what is the secret to success in niche marketing? With such a high failure rate, it must be a real BIG secret, right? Continue reading
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List building is something you have to implement as soon as you possibly can. There are many successful internet marketers out there who have shared some of their history, and about how they got started in this whole business. Their names often feature in press releases, and they have bio pages and interviews scattered all over the internet. These make fascinating reading for whenever you have some spare time, as you can find some gems of knowledge in every single one of them.
There is one phrase that stands out, that they nearly all mention:
“I wish I had started email list building earlier”
Many of these marketers are earning millions of dollars per year, and most of them started out small, probably affiliate marketing, i.e. selling other people’s products for commission. When these people consistently say something over and over again, seriously we need to pay attention.