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“7 Incredibly Simple Ways To Profit Wildly From Public Domain Material”
Copyright 2005 Ewen Chia If you’re in the business of marketing online, a major portion of your income will come from your ability to deliver quality content and products to your market. Now, besides creating these yourself, one of the quickest...
How to choose a product to sell online!
If you decide to start an online business and if you are looking for a product to sell, then you must ensure that you use the correct criteria's for your next step.
Choosing a product sometimes it might be difficult, but you also need to ensure...
JV Marketing - Affiliates in Disguise
Jv marketing is one the most popular topics online these days.
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Just offering an affiliate commission is not a true JV. Anyone
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Produce More Sales from your Email Promotions: Five Ways (Part 2)
Produce More Sales from your Email Promotions Five Ways (Part 2) Judy Cullins c.2003 All Rights Reserved. Do sales come from your ezine regularly? How many well- written articles do you submit per week to Online ezines? How often do you send thank...
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What "Big Pharma" Can Teach You About Niche Marketing
A recent newspaper review of a new book, Selling Sickness, got me thinking about niche marketing (The Globe and Mail, Saturday, August 6, 2005, D8-D9). The book in question considers case studies that purport to show how “Big Pharma” (the entire pharmaceutical industry, from manufacturers to drug salespeople) manipulates data to “create” a disease that they have the “cure” for.
Regardless of how one feels about the pharmaceutical industry, the book does demonstrate one thing—the ability of this industry to correctly identify small-but-profitable niches and exploit them for huge profits. The book, as indicated by the reviewer, identified a “familiar pattern” for the “selling of sickness”:
A pharmaceutical company identifies a wedge condition, set of symptoms, or “risk factors”; hires a PR firm to come up with a “disease” name, ideally something catchy with a pronounceable acronym (e.g., SAD); develops a drug, or adapts an existing one, to tout as a “fix” for this new medical problem; and begins massive marketing to physicians and the public. The media pick up the story, suggesting that the “new” disease is greatly undiagnosed/undertreated; the market expands; drugs sales rise. And voila! Another blockbuster is born. (Direct quote from the
review)
Do you see the building blocks for a niche business in this description? Following Big Pharma’s lead can help you begin a small niche business and grow it into a financial success. Simply follow these steps:
1. Within your industry, identify a “wedge” that you can target. 2. Create a fancy way of describing the number one problem your product or service solves; make it stand out from any other site that offers the same thing. 3. Demonstrate, by way of strong benefits, how your product or service will solve the problem. 4. Tailor your marketing efforts to your “wedge” by these means. 5. As your marketing catches on, you will grow from marketing to just a “wedge” to marketing on a larger scale. 6. Voila! You have your own niche blockbuster business!
Such a process certainly takes time, but these 6 steps provide a solid foundation for any niche business to gain a foothold and grow into a success.
About the Author
Jeremy M. Hoover is an online article and content writer. If you need articles for promotion or for your website, contact Jeremy at his website, www.jhooverwebcopy.com . Read more marketing articles by Jeremy at his blog, www.jhooverwebcopy.blogspot.com .
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