Everyone Of Us Cannot Be Selling To The Same Niche!
The total revenue that can be made in a niche is not unlimited; if we all choose to sell in a single niche we’ll all most likely end up making pennies, not enough to live by.
Let’s have a look at some niches to emphasize this.
We’ll assume these revenues were made in the following niches in the US (United States) for the previous year:
| Niche | Revenue ($) |
| Motor Vehicle Body & Trailer Mfg | 25,676,135,450 |
| Shoe (Retail) | 24,924,527,750 |
| Glass & Glass Product Mfg | 24,509,664,650 |
| Office Furniture Mfg | 23,555,761,100 |
| Fabric Mills | 23,254,015,450 |
We’ll also assume there are over ten million businesses in the US. If all the ten million businesses sell in any single one of these niches, on the average each business will make in a year:
| Niche | Revenue ($) | Average Earning of Ten Million Businesses In A Year Per Niche ($) |
| Motor Vehicle Body & Trailer Mfg | 25,676,135,450 | 2,568 |
| Shoe (Retail) | 24,924,527,750 | 2,492 |
| Glass & Glass Product Mfg | 24,509,664,650 | 2,451 |
| Office Furniture Mfg | 23,555,761,100 | 2,356 |
| Fabric Mills | 23,254,015,450 | 2,325 |
We can see that the revenue from such a niche for each business in a year will be insignificant; that’s why we can’t all sell in the same niche.
When you decide to sell on the internet, look for niches where there are not too many competitors and/or niches there are no competition; ascertain that a niche will be profitable for you before you chose it.
If you do your research right you’ll discover there are so many untapped profitable niches in different countries per target group just waiting to be found. And then there are those niches in most countries others have tried one or two things in, but are not doing it well enough to reap the full benefits of those niches, you can do better.
When you sell in a niche that’s not highly saturated with competitors on the internet your promotional efforts becomes easier and produces more and better results.
The blueprint for successfully selling in profitable niches on the internet is available at
www.i-niche-marketing.com/orderproduct.htm.
