How to Choose the Right Niche for a High Priced Product Funnel, Part V - Internet Marketing Australia

If nobody does, then you want to start thinking about how much profit there really is in this niche.

What you can also do is go into the search results and go through say the first 30 search results in the regular organic search results.

Now I do want to just say, and I haven't specifically said this, but everything that we're talking about is subjective. There's no black and white. There's no specifically 'this many searches,' 'this many pages have come up with this' - there's no certain price level.

You've really got to look at it subjectively and compare it to other things that are out there, and even compare it against itself. It's something you almost have to get a little bit creative thinking about. It's something that once you launch your first niche item then you'll have a better feel for it.

One thing that I caution everybody against is spending so much time worrying and thinking about whether or not a niche is going to work and never getting online.

I talk to people regularly that have been online for two or three years and they're still trying to decide what niche to go into. They would have been far better off three years ago to go into some niche and one of two things would have happened: either the niche would have been good or the niche would have been bad.

If the niche was good, then they'd have three years with profits under their belts right now. Really by not having taking any action on building any kind of a business because they kept worrying about the niche, they've cost themselves whatever they could make today.