Home based business opportunity in network marketing. What is a Niche Market Anyway?
You are interested in starting a home-based business. You also want to use the Internet for your work-at-home idea. However, you are not sure if you can make money online. To make matters worse, you are confused about what home-based business opportunity to pursue.
If this sounds like you, rest assured that money can be made online with a home-based business. You don’t need to study for years until you can reap rewards. There are sound business concepts that have been taught and proven to be true by some of the most highly successful marketers in the world. What is the top sound principle that will ensure your success? It is choosing the right niche market.
You might be wondering what is a niche.
A niche is simply a group of people with similar interests and needs. They are very passionate about their topic of interest. Think of a small pond packed with starving fish and you have the bait specific to their needs; they will like what you have to offer the best. This, in essence, is a niche.
Why a niche market? Well, unless you are a huge corporation with bottomless pockets, niche marketing is the way to go. You see most of the large corporations blow off niche markets because they are not trying to make an additional $1000 to $15000 per month like many home-based business entrepreneurs and other small business owners. They are seeking to make millions per month, which is good for you because you donít have to compete with those companies that have massive marketing budgets.
It really is easy to find potential customers in niche markets. Here are some examples:
Carpet Cleaner Business Owners
Winter Camping Enthusiasts
Siamese Cat Owners
Landscape Company Owners
You get the picture.
Before you decide which niche market to target for your home- based business, here are four important points to consider:
1. Is the market easily defined and reachable? Do you know where they hangout? What kind of trade journals or publications do they read? Do they have clubs or are members of particular organizations?
2. Is the market small enough that you will not have tons of competitors, but still large enough for you to make a good profit?
3. Does the market have the money to spend?
4. Does the group have an insane passion for their hobby or topic of interest? Do they eat, sleep, and breathe their hobby? Are they constantly seeking more information related to their subject?
A great example of this would be golfers and NASCAR enthusiasts!
Doing research related to these questions will help you pick the perfect niche market for your home-based business.
Characteristics of Legitimate Companies:
- One that is approved or endorsed by the international organizations like BBB (Better Business Bureau) or FTC (Federal Trade Commission).
- Specifies clearly their rate of your commissions and bonuses.
- Prompt commission payment schedule.
- A useful product or service to sell.
- Has easy and effective tools for contacting your down-line.
- Has a lifetime residual and leverage income.
So what is my choice Internet home business that meets all the “legitimate company” characteristics…?
ViSalus Sciences! Watch this video to see why I choose the VI LIFE!
The Body by Vi Challenge makes it easy for anybody to set a health or fitness goal and achieve it in as little as 90 days. When you share the Challenge with others, not only do you have more fun along the way, but you can even get your products for free each month.
Because ViSalus is a company dedicated to making the world a healthier place, they have put some incredible rewards in place for people who Promote the Challenge…
Residual income, Bonuses, Other incentives like vacations or even brand new BMWs! To find out how you can earn spare-time, part-time, or full-time income by simply promoting the Challenge with others AND receive your Challenge Kit for free, check out this Body by Vi Overview. Yes I said FREE BMW—->I got mine in under 35 days!
If this company is not a fit for you then follow the above suggestions and you will be way ahead of many other home-based business opportunity seekers who want to start a work-at-home business.
Want to work with me personally———> Work with Jessica
P.S. If Your Upline Does Not Have a Step-By-Step Blueprint For Success, Check This Out (Unless You Already Have Too Many Leads) ———> INSTANT ACCESS