Researching and Finding Your Niche Competition

Which product you will decide to market in your niche should be decided by the following:
A good demand for your product.
A product that solves problems.
Something that people really want.
Something that will make their life easier or better.

Once the product is chosen, you need to research the niche you are about to enter. This involves finding out about the people who are most likely to spend money on their ‘problem’. Where do they go for their information. What makes them want your product. Where are they from and do they use forums etc. to ask about their problem. Look at the forums online and you will see just how popular (or not) the niche is then it is time to do the Keyword research and Competition research.

This is where Market Samurai comes into play.

With Market Samurai you can not only see the keywords related to your niche but you can see the top 10 competitors you will have to beat if you want to get enough traffic to make things pay. You can see how old their site is, how many backlinks, indexed pages and their SEO information. Are they in Yahoo and DMOZ and what is their Page Rank. All these things let you know if the niche is worth entering.

Using Market Samurai in this way can save you a lot of research time and help you avoid the pitfall of a bad niche market which could use up a lot of time and effort for no return.