06
Nov

We have been doing online marketing for "real estate" clients over the past 4 years. I would like to branch off into other niche markets. Anyone have any suggestions as to what markets would be good to consider? Or maybe an exhaustive list of niche markets to explore?

I don’t know of any website offering an exhaustive list of niche markets to explore. Niche markets are something you have to find for yourself; many when they discover a niche immediately put a stake on it as theirs. Why share a profitable niche to others? Niche by definition is a specialized market, and your goal is to have as few competitors as possible.

Given your business experience, what do you think are areas in your industry that have not been tapped? Are there any needs that are currently not being addressed? If not in your current industry, is there anything that you need but no one is currently giving it to you in a way that you want to? Ask yourself these questions — and then that’s your niche.

You may want to read the article "5 Steps to Creating a Profitable Niche for Your Small Business" http://www.powerhomebiz.com/012006/niche.htm to help you in the process of identifying your niche.

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