The Internet Gold Rush Is Over…

But you can still make a great living online if you know how to target tight niches. This is the real key to prosperity as an Internet marketer.

And if that’s true why should you even bother with an Internet marketing business? Why not just log off now and turn on the T.V.?

I admit it: there’s more to the story than what I’ve told you up to this point.

Yes the “gold rush” period is over. But there’s still more than enough room for you and thousands of other people to make a fortune online.

It’s just that today’s Internet marketplace requires a slightly different approach. What worked in 2001 just won’t cut it today. It’s a matter of either learning what it takes to thrive in the face of massive competition or making the mistake of jumping right into the free-for-all and getting pummeled.

The reason so many Internet marketers fall flat on their face and then tell the world that “online marketing is a scam” is simple: They try to penetrate a market that is beyond saturated. They aren’t able to compete with the thousands of other desperate marketers who are battling tooth and nail for position.

The result, of course, is failure to make their first dollar and extreme disappointment. But they didn’t have the advantage that you have.

It’s all about understanding niches.

The word “niche” sure gets kicked around a lot these days. But few people actually understand what it means.

There’s a big difference between a market and a niche. Failing to understand this difference can result in time wasted, money lost, and possibly even a good “crying jag” as our friends in the UK would say.

I wrote a good article about niche marketing recently. Check it out here.

Tags: niche marketing, niche research, online marketing

This entry was posted on Tuesday, June 24th, 2008 at 8:10 pm and is filed under Entrepreneurship. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.