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Chapter 1 - What is a Niche Market? - Are You In It To Win It

Chapter 1 - What is a Niche Market? - Are You In It To Win It

Chapter 1 - What is a Niche Market? - Are You In It To Win It

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industry. Even those without a formal education can excel in <strong>In</strong>ternet nichemarketing as long as they understand the key elements of the industry.Such elements include selecting a niche carefully, organizing an effectivemarketing campaign and undergoing a continuing education process to stayaware of the trends in the industry.Select a <strong>Niche</strong> CarefullyOne of the most important components of a smart <strong>In</strong>ternet niche marketingcampaign <strong>is</strong> to select a niche carefully. A niche <strong>is</strong> a specific subdiv<strong>is</strong>ion of abroader category. The owner of a niche website <strong>is</strong> usually quiteknowledgeable about th<strong>is</strong> particular topic and capable of creating qualitycontent which <strong>is</strong> highly informative and accurate. Knowledge of a particularniche subject <strong>is</strong> one of the first factors a marketer should consider whenselecting a niche. Ideally the niche they select should be one for which theyhave an interest as well as a great deal of pre-ex<strong>is</strong>ting knowledge.The second factor to consider in selecting a niche <strong>is</strong> to look for a topic whichhas a large potential audience but not a great deal of other websitescompeting for the attention of these <strong>In</strong>ternet users. An exceptional nichewebsite can enter a crowded market and excel but it does take considerablymore effort because customers tend to be loyal and swaying them can bemore difficult than winning the loyalty of new customers.Organize an Effective <strong>In</strong>ternet <strong>Market</strong>ing CampaignOnce a niche <strong>is</strong> selected it <strong>is</strong> time to begin orchestrating an effecting<strong>In</strong>ternet marketing campaign. Th<strong>is</strong> campaign may include commercialwebsites, informative websites, message boards, e-newsletters, ebooks,

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