The company or individual can adopt a strategy of focusing on the activities, direction, and basic needs and wants of a certain group of people or group of industries. In other words, you can focus on a specific, small segments of customers throughout the mass market. Niche marketing is an example of a focus strategy to adopt in your business.
Focus strategy is based on the needs of customers in particular segments such as trademarks, patents, health-related problems and solutions, hobbies, social and cultural differences, software development, especially education and skills, as well as many others. This creates a niche market - as focus strategy example.What are the most common problems in a group of peoplec According to statistics, it is estimated that some 800 million people in the world suffer from hunger and malnutrition, about 100 times as many as those who actually die from it each year. Probably, 40 or possibly even 50 percent of marriages will end in divorce if current trends continue, also according to divorcestatistics.org. These are two examples of niche markets.
How can you use internet marketing and create passive income opportunity
Identify a niche market with a large majority of people who have specific wants and needs.
Come up with a product that responds to the need, or provide a solution.
Participate in affiliate programs, if you do not have a product to sell. Preferably, look for product to sell.
Build a blog site or home page of this niche.
Promote the site by making quality content like articles, graphics, videos, etc. Please submit articles to article submission directories, particularly in GoArticles.com, Articlebase.com and Searchwarp.com.
Promote the site in the forum, friends, social media networks. etc.
Create videos and upload them to Youtube, live video, etc.
Create more websites to double up your income. Duplicate efforts that bring more revenue. Adding and managing your site effectively, you'll be able to easily create passive income. Start changing your life today. Get a complete blueprint to a "30 Days to Niche Success" now!
About the author: I am a Professional Electrical Engineer., and a consultant in Broadcast Industry. My hobby is flying remote control helicopters and airplanes.
Source: http://free-worldmessage.blogspot.com/2012/07/successful-business-online.html
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