Fast growing amongst the popular terminology being thrown around by online marketers is the term Niche Market. It would appear to be dominating their every conversation and for good reason. It is actually where the money is.

So, for the newbies amongst us, what is niche marketing? Can we eat it, buy it, use it up or make the ecology green with it?

So let’s see what its isn’t. – It isn’t something you can buy – It isn’t something you can make ( well not directly ) – It’s not a new job opening so don’t ask your boss for a transfer – And as usual, the hordes of people taking a stab at it are nearly all probably going to fail.

Niche Marketing – An example

Some would say that the definition of Niche marketing is narrowing down a broader need in the market places until one derives at a much more focused segment that has little or a smaller but reasonable number of competitors.

Marketing to those that buy – Basketball shoes. Niche or not? Not – Michael Jordan running shoes. Niche or not. Not (What did that surprise you?) – Michael Jordan High-Top running shoes. Niche or not? Feeling the sun yet ? – Michael Jordan HighTops signed by the great one himself . Niche or no Niche? Jackpot !

Congratulations on accurately identifying a niche market area. And it really was a niche, not that broad definition or a marketplace need that we may have had in mind earlier. So, like most others, we could use some extra cash, whats the next move? Do we buy inventory now before the rush?

Not by a long shot. If you are reading this now, thinking that I am holding back, stop, don’t do it. Our research hasn’t even begun yet.

The little questionnaire is not the process used to find a niche market product or service. You really need a tool for that. It can be done manually but searching hundreds of ideas manually isn’t anyone’s idea of fun. That was merely an example of what a niche market might look like, but for any number of reasons, I would never enter that marketplace – and I don’t much care if 4 of my marathon running friends ask me for those specific shoes next week.

Was that an inaccurate Niche Market example ?

It wasn’t necessarily a poor example, but the truth is – far more research is required. To start off with, are those actually the keywords that people use to search for this product? In the past, only search engine statistics could tell us that. Then there were great search engine tools that could help further filter that information. But to help determine whether its a great Niche product, even search engine tools like KeyWordwatcher can only go so far.

If we know how many people are searching for the product and how many competing websites there are, isn’t this enough information to quantify this as a niche product? Wasn’t this what groups traditionally used to make their decision in the past? Well, it was, but it’s not enough anymore. There are tools out there now that can make a newbie 10 times more efficient and powerful than the traditional analysis used just 6 months ago.

Save yourself some time. Don’t try to manually analyze whether or not you think you may have found a niche market product. If you have been in internet marketing or online marketing for some time, its likely that you have used Google’s excellent search engine tools hidden in the adwords product. Perhaps even you have used freekeywords from KeyWordwatcher. Thats how I and many others use to start our search for Niche Market Products – but not any more. These battle tested tools are not nearly enough for this area of internet marketing.

A specialty software tool will use those numbers and up to two dozen or more variables, including rating scores on competition based not only on whether the key words show up in the sites ( which is not necessarily competitive ) but also whether the keywords are in the url, the domain or titles. The same tool might also check for commercial or non-commercial articles for article publishing as well as opening clickbank for affiliate products and opening up other affiliate product searches to verify that there are related affiliate products. And this might be 1/10th of what a commercial niche tool based product might do for you.

Why anyone would want to search for niche products the old manual way is really beyond me. Save yourself some time have a look at a few potential products that you can use. Watch the videos and see what I mean.

Something new in niche keyword research. Recently there has been a fair amount of research concerning something called commercial intent. Microsoft has an online program that enables one to determine to some degree whether a searched for phrase has stronger commercial intent than simply mere research behind it.

Discover what few people know about finding micro niche products quickly. Watch the impressive videos then take action. Uncover the secrets used to achieve startling online marketing success