If you haven't heard the word 'niche' being batted around in the internet goldmine community then you haven't been listening. Finding a niche has become the antidote to competing in overly saturated online markets.

What is a niche?

According to Merriam-Webster's Online Dictionary a niche is described as "a place Links of London Accessories, employment Christian Louboutin Outlet, status Yves Saint Laurent Outlet, or activity for which a person or thing is best fitted... a specialized market".

Have you noticed that despite the closing of many businesses in these harsh economic times Jimmy Choo, the local hobby train store is still around? That the 'hole-in-the-wall' eatery is thriving? Or that trends such as scrapbooking can start with a bang and still close within a year when four similar businesses start up in the same area?

The internet goldmine of the world wide web reflects the same trends as experienced in the offline world - often with faster turnover and startup rates. Those who promote a product or site that targets a small Buy Links Bracelets, select audience can tap into a market that is otherwise not being served. Despite the limitations of the client base Sweetie Bracelet Outlet, the targeted nature of the business creates a devoted and active market - the aim of any business in the internet goldmine.

HOW DO I FIND A NICHE?

Finding a niche requires diligent research. Whether you have access to software that harvests and sorts information or you take a manual approach you must first start with ideas.

With a pen and paper (or computer Charm Bracelets Outlet, if that's more comfortable) brainstorm a list of businesses Links Jewellery, products and industries. Create a list of keywords and phrases you think would be used by individuals looking for these items online.

Use a software program such as Micro Niche Finder or a free resource such as the Google Keyword Selector Tool to find keywords for your niche that have a high amount of traffic.

Although a program like Micro Niche Finder makes it easy to find details such as how many sites compete for that market Buy Links Watches, you can also do your own research. The internet goldmine is filled with possibilities.

Concentrate your attention on question phrases such as "how do I..." or "where can I...". These questions will clue you into potential internet goldmine markets that need servicing.

Next Wholesale Jimmy Choo Sandals, look in Google Answers. Type one of your keywords into the search area. What questions are being asked and how much are people willing to pay for answers? If you find a group of keywords with a high number of questions then enter these words in your browser's search engine.

What sites come up? Do they provide answers or solutions to the problem? How are they making money? Can you see an opportunity to service these individuals?

Finding a niche in the internet goldmine can open the door to a profitable online business. Research the market and be certain that your product or service is valuable to this group. Find forums or groups that target this audience and pay close attention to their concerns.

If you can help these people you WILL make money. The best of both worlds Links of London Shop!