Niche Research Newsletter #3 - An Idea For Your First Product

Now the fun begins as we take a look into the Niche to see if it
is going to be profitable, and if you can come up with an idea
for your product. 

Choose a topic where the following three criteria can (and must)
be met:

* People are looking for information to solve a common problem 

* They are willing to spend money on that information. 

* You, personally, are at least moderately interested about this
topic. 


Although the third point is optional, like I have already said,
I recommend it if you are going to stay interested and motivated
to promote your products for months and years to come. You have
the option of choosing something you love or something that is
popular. Make work fun by choosing a market that you enjoy.

So why is it so critical to identify a group of people with a
common problem rather than looking for a hot product on the
market now!

Well, the simple truth is that people very rarely go online to
actively look for products to buy.

Much more often, they go online to search for solutions to their
problems.

Once you identify a group of people with a common problem, you
can start to think about a product or service you can position
as a solution to that problem. 

Then, all you have to do is put yourself in the way of your
perfect potential customers, and set yourself up for an
incredibly successful business!

We are looking for something that can be evergreen and stay
around for some time instead of always looking for the next hot
thing to come around. We want something that we can grow our
business around.


To Your Success,
YOUR NAME

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