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Posts Tagged ‘Information Products’

Take Advantage of Obscure Topics in Niche Marketing

April 3rd, 2010

Most SEO experts and marketers know that niche marketing is a fairly old concept. For the longest time, people have been making money out of mini sites that focus on certain topics. Like all online ideas though, this one has gone through several different changes. Regardless of whether you’ve been at it for ages or you’ve just newly discovered it, you can put the evolution of niche marketing into good use.

In its infancy, niche marketing was uncomplicated. The fundamental concept simply called for detecting markets that were underachievers. Underachievement didn’t necessarily mean low profit potential. What it really meant was that income generation was possible but the competition within the obscure market itself wasn’t too stiff. Wise marketers would therefore get into these obscure fields, determine customer demand and market related information products accordingly. Because of the limits of obscure topics, the old model of niche internet marketing required getting involved in a variety of different topics. Some marketers maintained close to a hundred sites to generate a lot of income.

A newer approach to this model no longer requires SEO specialists and marketers to spread wide. They can now choose to focus on fewer specific topics. This can make better sense, considering that it is easier to promote or market a limited number of sites. Some however are doubtful that they can succeed at this new approach. This is simply because mini sites with obscure topics don’t have a lot of customers. How can marketers make a lot of cash when they only focus on limited niche markets? The answer is simpler than you think. All that needs to be done is to go deep into your limited areas of concentration.

Going deep doesn’t mean you have to create bigger, more complex websites. What it means is that you just have to find other new products to sell to your existing customer base. Depending on your topic, people who have bought your primary e-book may be more than happy to buy other information products related to the topic of your site. This strategy will allow you to manage fewer sites without necessarily subtracting from your profit potential.

This new niche marketing approach can be more
demanding on your time and energy. To find markets to promote, you have to spend a lot of time on analytical market research. Other than finding out if a topic has customers, you also need to find out if it is deep enough to develop. There are topics that are shallow by nature. This means you probably can’t make more than one product out of it. Topics like heartburn for instance aren’t the best ones to focus on since customers will probably not want to buy more products about it after they’ve used your first item to solve their problem. Find topics with a lot of sub branches that eager customers may be more than willing to explore.

People still actually make money out of the old niche internet marketing model. If you want to improve the way you manage your sites and the manner in which you generate income, you should explore the new approach to it. You might find this a far better way of doing things.

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’The Simple Six-Step System For Getting Rich Selling Information Products Online’

September 15th, 2008

“Spend an hour a day on education and spend then spend an hour on implementation.” 

-Tellman Knudson

 

A very important idea Tellman taught me years ago when I an over-worked, underpaid, struggling Personal Trainer trying to break into online marketing was to spend some time learning everyday and then spend some time implementing what you learned ‘that very day.’ 

 

Over the years I have had the fortune of meeting and interacting with lots of very successful marketers – Tellman Knudson, Joshua Shafron, Mark Joyner, John Carlton, Harris Fellman, Dan Kennedy, Yanik Silver, Eben Pagan, Rich Shefren, Joel Comm, Brian Edmonson, Matt Gill, Tom Venuto, Pat Marcello, Craig Ballantyne, Ryan Lee, and many, many more).

 

One characteristic that ALL of then share is that they are always LEARNING and then TAKING ACTION. 

 

The successful people in life are always feeding their brain with new information and are always taking action to implement what they have learned. 

 

I have sat in the same seminars as some people who have learned the same information and two years later are still stuck at step one.  They learned the same information as everyone else in the room but they missed the vital step of taking action. 

 

Knowledge without an actionable plan is useless…

 

Action without the proper knowledge is better than nothing at all but to get the best results following a proven plan, learning from mentors who have ‘been there, done that’ and following their lead is the way to quicker results.  It’s ultimately the shortcut to success.

 

Anyway, I have done my best to live by Tellman’s advice of a balanced approach to learning and action and so I spend some time everyday pouring top-quality knowledge into my brain. 

 

Every morning at 5:45 AM I wake up, pound a glass of water, grab a book, newsletter, or my IPOD loaded with marketing audios and then drive to the local gym.  I usually hop on a stationary Bike and work on improving my fitness WHILE filling my brain with killer marketing and business-building information. 

 

Most recently I just finished reading Dan Kennedy’s “Get Rich Guide To Information Marketing. ”  This is a killer little book that you can pick up on Amazon.com for about $10 bucks and is easily worth hundreds and hundreds of dollars.    (I recommend picking up a copy today and adding it to your reading list). 

 

Below is a Six-Step Formula Dan Kennedy presents in this book on how to build a successful Information Marketing business from Scratch.  I recommend paying close attention to this formula and doing your best to stick to it. 

 

Step 1.  Identify A Hot Market

·        Try to identify the Market within the bigger market

·        Are people already successfully selling in this market?

·        Clickbank.com and Google.com for research

 

Step 2.  Determine What The Market Will Buy     

·        What are they already buying in that market?

·        Frank Kern approach – look at what’s selling already and create something completely different to differentiate yourself

Step 3.  Develop Info Products To Match What They Want

·        Find out what they want – Google Adwords to ASK page

·        Model what is already working and put your unique twist on it.  Market it better than your competition.

·        Send a Survey Monkey Survey asking them what they want.  What specific benefits are they looking for from using your product? 

 

Step 4.  Start With Simple Products

·        Special Reports

·        Camtasia Screen Capture Videos/JING Screen Capture Videos

·        Instant Product Creation with Audio – My First List www.MyFirstList.com and www.MyFirstE-mails.com are great examples

 

Step 5.  Select Direct Marketing Methods Appropriate For The Market

 

Step 6.  Turn A One-Time Buyer Into A Life-Long Customer of Continuing Value

·        Great examples are:  Memberhsip Sites, Audio of the month, Physical Newsletter, DVD of the month, etc

·        Dan Kennedy ‘Ascension Model’ – Create different membership tiers with ever-increasing benefits and value delivered to customer and charge more as you deliver more value at each level of membership

 

Also, here is an absolulutely-KILLER formula from success that Dan, Bill, and Rob present in the book.  Take a look at this formula anytime your are wondering how to improve your existing info marketing business.  What’s missing?  What can be improved? 

 

Dan Kennedy’s Info-Marketing
Business Success Formula

 

QP + QL + MF + RR + CI + WN = BIG MONEY!!  $$

 

QP = Quality Product

QL =  Quality Lead

MF = Marketing Funnel

RR = Risk Reversal

CI = Continuity Income

WN = What’s Next?

 

That’s it from me this month.  Hopefully this special report got the gears turning upstairs and will help you to take advantage of the abundance of opportunity that is out there.  Spend some time everyday on education and then on implementation and soon enough you will see exponential returns on your investments in yourself and in your business. 

 

To your success,

 

Kyle Battis

Marketing Manager

Overcome Everything, Inc

 

Kyle Battis is a former personal trainer who used Tellman’s ‘Perpetual Marketing Machine System’ (www.PerpetualMarketingMachine.com) to build a list of over 5,132 people in a 12 week period of time and replace his full time income working online from his house in New Hampshire.  He is now the Marketing Manager of Overcome Everything and is now able to help tens of thousands of people improve their fitness levels by promoting his Information Marketing products on virtual autopilot.  To learn more about Kyle visit www.KyleBattis.com

 

P.S. –If you want to learn more about building a profitable information marketing business then check out:  www.overcomeeverything.com/gold

 

SOURCE:  “Get Rich Guide To Information Marketing” by Dan Kennedy, Bill Glazer, and Robert Skrob  Available at www.Amazon.com and www.NOBSBooks.com

 

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