
The word ‘niche’ is defined as: “A special area of demand for a product or service”. ‘Marketing’ is defined as: “The opportunity to buy or sell”. If you put the two works together, niche marketing means buying or selling a product or service in a special area of demand. All that really means is that a product or service is being sold to the people who are most interested in that particular product or service and not to the world in general.
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One of the things that make niche marketing so attractive to sellers is that their advertising budgets go further. It costs less to advertise to a specialized market than it does to advertise to a broader market.”
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“If you’ve ever read an article about eBay, you will have seen the kinds of incomes people make - it isn’t unusual to hear of people making thousands of dollars per month on eBay.
Next time you’re on eBay, take a look at how many PowerSellers there are: you’ll find quite a few. Now consider that every single one of one of them must be making at least $1,000 per month, as that’s eBay’s requirement for becoming a PowerSeller.
• Silver PowerSellers make at least $3,000 each month,
• Gold PowerSellers make more than $10,000,
• Platinum Powersellers make more than $25,000, and
• Titanium PowerSellers make $150,000 in sales every month!”
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Without the skills and commitment that come from building a business, most bloggers never get to the point where they can quit their job and become real professional bloggers. I believe this is THE major reason why most people who blog for an income fail.
Most people lack the right mindset and the necessary mental throughput to make professional blogging work. Without congruency between strategy and tactics, no amount of good advice, tips, techniques, case studies or even the holy grail of blogging wisdom – “write good content” - will get you there. You will be hitting your head against a wall or sitting in a corner paralyzed and over-stimulated..”
by Yaro Starak
Entrepreneurs-Journey.com
BlogMastermind.com
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