It is impossible for a start-up to appeal to everyone. Even giants such as Wal-mart, Amazon, and E-bay have die hard objectors who swear they will never use their services. The best place to start is to find a niche market- a small group of people you can easily market to with little competition, and grow from there. While choosing a niche is simple, they are endless, choosing the right niche for you will take some time and research.
The most important thing is to find something to market that you can get passionate about. If you don’t care about a product or service, it will be difficult to convince others to get excited about it. Your best customers will be ones that bring in more customers. In order to get more of these people shopping and talking about your site you have to inspire them. If you enjoy what you are doing not only will work cease to be a chore, but your customers will also notice, and share your joy.
The next thing is to consider your experience with the topic. You may be passionate about pogo sticks, but if you’ve never even owned one, your thoughts on the topic will be limited. Content is king is the internet right now, and if all you can do is post a picture and a price, you won’t have many people lining up to buy your pogo sticks. On the other hand, if you can start a blog about how you have pogoed all over the world and include a few of your favorite pogo sticks that people can buy, then you might start seeing a few sales.
You will also need to take into account your competition. No matter how much you care about your niche, if there are too many other people selling the same thing, you will have a hard time getting customers. A quick Google search will give you an idea of how many other people there are out there with similar ideas to your own. While heavy competition is not necessarily a reason to choose something else, it is definitely going to make obtaining traffic more difficult. Having to little competition can also be a bad thing, as it could indicate that there is not a big enough market for your topic. It does not matter how passionate you are about your niche, if no one else is you won’t make any money.
Make sure that your content is tailored to you niche. A camping site might feature pictures and articles about various parks. A financial product might feature money saving tips or stock market information. It would be odd to see a stock ticker on the camping site, or vacation photos on the financial site. Making sure your site is tailored to meet your customer’s needs will get them hooked and make them look forward to visiting your site again.
You can succeed at internet marketing if you take the time and effort to do it right. You must do some soul-searching as well as some serious research before you even start creating your site. Once you have found your perfect niche everything else can fall into place.