Testing Niches? Use The Over 50 Under 2 Rule

Managed WordPress HostingNiche Marketing Tests

Watch How To Verify Your Market – Before You Start!

Description: How can you tell if a market exists – without entering the market? Look for clues.

Without actually doing all the work of preparing and then entering a particular market niche there is a simple way to get some feedback about the quality of the potential opportunity.

Find out what are the other advertisers doing?

Watch this screen capture and I’ll show you a simple way to find out what advertisers are “saying today” to place ads in the niche that you are considering.

Advertising Rates and Market Potential

While I’d like to guarantee you that a profitable market exists – before you get into it – I can’t. What I can do though is give you some guidelines. Some averages that apply to most markets.

If you remember from the screen capture above, some advertisers can get crazy when it comes to paying for new customers. Remember the mortgage company that’s paying $11. for every click!

Watch the video and I’ll give you a quick checklist to follow. You’ll have three options

  • Pass – Market is too small
  • Go – Market has potential
  • Pass – Too much competition

Here’s the simple rule to remember: “Under 50 – Over 2

Resources: Learn more about online marketing during our live classes when you let FullContact Sites Manage Your WordPress Hosting

 

 

 

 

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