How to decide an online business that more potential for income?

JoeHamilton

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I want to start a new business field but I don't know how to decide an online business that more potential for income?
I'd like to heard your thought on how did you choose a good niche for your website?
or I should choose according to trends :think:
 

ElixantTechnology

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If you're going by trends, try and build a relationship with builders of eCigarettes, those things are HUGE right now, and if you can tap into the market with an online store, you could rake the cash in.
 

Nytshade

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Just like any business model, you have to find a demand then supply. What are you good at? Can you offer that as a solution for a particular problem?

You have a winner, that's your niche :)

Simply find a problem that you strongly feel you can provide a solution then go for it. Hope that helps.
 

The Overseer

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I want to start a new business field but I don't know how to decide an online business that more potential for income? I'd like to heard your thought on how did you choose a good niche for your website?
or I should choose according to trends :think:
You'd like to herd my thoughts? LOL Jokes aside. You should exploit your experience in order to find out what kind of business model to pursue, what target audience to cater to, and how to monetize your project.

What skills do you have? What education do you have? What experiences have you had? What qualifications do you have? Be honest with yourself {and others} and try to see if there is a need that you are able to fill. You have a picture of {presumably} you on a mountain. Are you a mountaineer or outdoorsman? If so, leverage that experience and expertise. Make sense?

Could you tell me how does it work?
which is build a relationship with builders of eCigarettes???
eCigs are NOT as hot as they were a few years ago. But I do know that Blu eCigs have an affiliate program. Look on Conversant {previously Commission Junction} and LinkShare if you're interested in pursuing the eCig market. But know that it is no longer trendy or hip as it once was.
 

NickTheMusketeer

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The best online business is the one that you put your faith, invest time and money in it. Successful marketers chose a niche that they have interest in as well as extensive knowledge regarding the niche market. As far as promotional methods are concerned, do not limit yourself to one particular promotional method (e.g. Facebook) but try a combination of promotional methods and optimise them as you deem fit.
 

Fonzan

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Well, start with the evergreen niches! People always want:

1. To look beautiful
2. Make more money
3. To become thinner
4. To become more healthy
5. Evergreen products like Energy company
6. Personal development
7. Dating service

More tips to check if your niche is good in the market:

A. Is there a Dummies book about it?
B. Has it a 30.000 keywords search at Google keyword planner?
C. Are people talking about it at [URLnf=https://answers.yahoo.com/]https://answers.yahoo.com/[/URLnf]
D. Check your niche videos on YouTube who have the most views.
And read the comments to understand what your audience wants.
E. Check amazon.com and look for your niche books. Over here you
can read the reviews as well to know your audience thinking :smart:
 
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