Niche Research Newsletter #3 - An Idea f ...

Niche Research Newsletter #3 - An Idea for Your First Product

Nov 30, 2024

Now the excitement begins as we dive into your niche to explore its profitability and brainstorm ideas for your first product.

Choose a topic that meets these three essential criteria:

  • People are actively seeking information to solve a common problem.

  • They are willing to invest money in that information.

  • You have at least a moderate interest in this topic.

While the third point is optional, I strongly recommend it. Staying engaged and motivated to promote your products over the long term will be much easier if you choose something you love. Remember, work should be enjoyable, so opt for a market that excites you.

Why Identify a Common Problem?:

You might wonder why it’s crucial to identify a group of people facing a common problem instead of simply chasing the latest hot product.

The reality is that most people don’t go online specifically looking for products to buy. Instead, they search for solutions to their problems.

Once you pinpoint a group experiencing a shared issue, you can begin to develop a product or service that serves as a solution. From there, all you need to do is position yourself in front of your ideal customers, setting the stage for a successful business!

We aim for something evergreen—an idea that can sustain itself over time—rather than constantly chasing the next trending product. This approach allows you to build a robust and lasting business.

To Your Success,

A.BERRICHI


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