Niche market research

Craig and I followed up on our list of niche markets from this weekend. We picked seven that we really liked and ran them through Wordtracker’s Free Keyword Suggestion Tool. Following that up with Google’s Search Sponsored Links gives us an idea of how many people are searching in our markets and whether anyone is already making a product for them. Ed Dale pointed out something that surprised us in his podcast – that competition is not a bad thing. Seeing other products in a niche we were considering is a good sign – it means that the niche is profitable. All we have to do is outmarket our competition and we’ll learn to do that this month…