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	<title>JudeReid.net &#187; Sales Opportunities</title>
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	<link>http://JudeReid.net</link>
	<description>A blog about Internet Marketing and Home Business.</description>
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		<title>Researching and Selecting Your Niche</title>
		<link>http://JudeReid.net/2009/01/researching-and-selecting-your-niche/</link>
		<comments>http://JudeReid.net/2009/01/researching-and-selecting-your-niche/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 20:23:07 +0000</pubDate>
		<dc:creator>Jude</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Brainstorming]]></category>
		<category><![CDATA[Future Sales]]></category>
		<category><![CDATA[Journey]]></category>
		<category><![CDATA[Market Research]]></category>
		<category><![CDATA[Niche Market]]></category>
		<category><![CDATA[Niche Marketing]]></category>
		<category><![CDATA[Niche Markets]]></category>
		<category><![CDATA[Niches]]></category>
		<category><![CDATA[Research Phase]]></category>
		<category><![CDATA[Research Topics]]></category>
		<category><![CDATA[Sales Opportunities]]></category>
		<category><![CDATA[Specialized]]></category>
		<category><![CDATA[Target Markets]]></category>
		<category><![CDATA[Underserved]]></category>

		<guid isPermaLink="false">http://JudeReid.net/?p=246</guid>
		<description><![CDATA[When it comes to niche marketing it&#8217;s imperative that you take the time to choose the right niche market.  This is a multi-part process and needs to be done carefully to ensure that you&#8217;ve chosen the right market for you and a market that will be profitable in the future.
Let&#8217;s go over the steps you [...]]]></description>
			<content:encoded><![CDATA[<p>When it comes to niche marketing it&#8217;s imperative that you take the time to choose the right niche market.  This is a multi-part process and needs to be done carefully to ensure that you&#8217;ve chosen the right market for you and a market that will be profitable in the future.</p>
<p>Let&#8217;s go over the steps you need to follow to properly research and select your niche.</p>
<p>The first step in selecting your niche is to take some time to brainstorm possible niches.  Consider areas that you&#8217;re interested in, areas that you have knowledge or experience in and make a list of those first.</p>
<p>Once you&#8217;ve done your brainstorming you can then take your list and research the topics on the Internet.</p>
<p>The next step is the research phase.  You&#8217;ll want to look each of your topics up one-by-one to see exactly how much coverage they have on the web.</p>
<p>This is particularly important when gauging what your potential competition will be like.  If a market is already heavily covered you will want to make note of it for the next step, which will be finding possible smaller target markets.</p>
<p>You&#8217;ll also want to take the time to research possible products related to your prospective niche for future sales opportunities.</p>
<p>Once you&#8217;ve created a list of possible niche markets you&#8217;ll want to see if there&#8217;s any possibility for selecting an even smaller, more specialized niche market.</p>
<p>Remember to consider all aspects of each market and research them well to find as many potential niches as possible.</p>
<p>While this may seem like an awful lot of work to go through it can pay off greatly in the end when you&#8217;ve selected a niche that is greatly underserved and just waiting for someone like you to come along.</p>
<p>I&#8217;m sure you have a firm understanding of how to research and select your niche market now.  Although it can be a time consuming process and maybe not the most enjoyable task you&#8217;ll undertake while starting your Internet marketing journey it is very crucial.</p>
<p>You may also want to consider saving your list for future reference in the event that you decide you want to enter more than one market or expand and/or add to the first niche you selected.</p>
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		<item>
		<title>Hybrids</title>
		<link>http://JudeReid.net/2008/10/hybrids/</link>
		<comments>http://JudeReid.net/2008/10/hybrids/#comments</comments>
		<pubDate>Wed, 15 Oct 2008 22:52:33 +0000</pubDate>
		<dc:creator>Jude</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Brick And Mortar]]></category>
		<category><![CDATA[Brick And Mortar Business]]></category>
		<category><![CDATA[Business Online]]></category>
		<category><![CDATA[Classified]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Debut]]></category>
		<category><![CDATA[Delivery Times]]></category>
		<category><![CDATA[E Mail]]></category>
		<category><![CDATA[Flower Shop]]></category>
		<category><![CDATA[Hybrids]]></category>
		<category><![CDATA[internet business]]></category>
		<category><![CDATA[Many Different Things]]></category>
		<category><![CDATA[Quote]]></category>
		<category><![CDATA[Sales Opportunities]]></category>
		<category><![CDATA[Service Aspect]]></category>
		<category><![CDATA[Traditional Brick]]></category>
		<category><![CDATA[Traditional Business]]></category>
		<category><![CDATA[Types Of Businesses]]></category>
		<category><![CDATA[Visibility]]></category>
		<category><![CDATA[Worldwide Market]]></category>

		<guid isPermaLink="false">http://JudeReid.net/?p=200</guid>
		<description><![CDATA[Not so long ago businesses could be classified as &#34;Brick and Mortar&#34; or &#34;Internet-based&#34; businesses.  However, there&#8217;s an increasing trend toward the hybrid business.
More and more &#34;brick and mortar&#34; businesses are turning to the Internet to expand their visibility in an ever-increasingly competitive worldwide market.
You may wonder how a traditional brick and mortar business would [...]]]></description>
			<content:encoded><![CDATA[<p>Not so long ago businesses could be classified as &quot;Brick and Mortar&quot; or &quot;Internet-based&quot; businesses.  However, there&#8217;s an increasing trend toward the hybrid business.</p>
<p>More and more &quot;brick and mortar&quot; businesses are turning to the Internet to expand their visibility in an ever-increasingly competitive worldwide market.</p>
<p>You may wonder how a traditional brick and mortar business would make its debut on the web.  The answer to that question is two-part.  First it would depend on the type of business that you own.</p>
<p>The needs of different types of businesses can vary a great deal.  Second it would depend on what you want to get out of taking their business online.</p>
<p>Do you want to take your business to the Internet to increase your sales opportunities by providing ordering online, or do you want to merely increase your visibility and stick to selling in person or via phone?</p>
<p>Let&#8217;s cover each of these topics separately.</p>
<p>Depending on the type of business you have taking it to the web can involve many different things.</p>
<p>Perhaps you own a flower shop where you would have to not only have your available arrangements seen by customers but would also need to quote delivery times.  Another possibility is that you offer a service-based business.</p>
<p>In this instance you would need your site to offer enough information to get the customer&#8217;s attention, but concentrate on the customer-service aspect of providing additional information and services via e-mail and phone.</p>
<p>Another factor to consider when taking your business to the web is shipping of goods ordered online.  In a traditional business most customers make their purchases in person, so shipping is not a concern.</p>
<p>However, when selling goods online your customer could be across town, across country or around the world.  You need to be prepared to handle the shipping aspect of internet business while still offering competitive prices and maintaining your profit.</p>
<p>Making your business&#8217;s debut on the Internet can be very exciting and loaded with possibilities.  If done right you can see a great increase in profitability.</p>
<p>Just remember to have a solid plan in place before taking your business online and make sure to cover all the bases so that your internet debut goes as smoothly as possible.</p>
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