A common question we get from people wo first seek help on starting their own internet business based on advice from money-making forums, courses or consulting – “Is it possible to make money online selling products that do NOT help other people make money?”
What happens is that when you seek out opportunities to start your own business online, you come across hundreds of others who ARE marketing to YOU…using money making ebooks, books, courses and consulting.
So naturally, you begin to believe that the vast majority of web businesses actually make their profit from selling “maike-money” type products and services.
But is that really the case?Â
The Online Money Flow
The reality is that there is far more money made selling produts and services in fields other than “make-money”. This is NOT to say that the business information market is a bad one, in fact, it is quite good – but is very competitive and quite small overall.Â
We only entered the marketing niche when people started asking for information on how we ran our other businesses.Â
In fact, I get requests each week to help one business or another (either offline to online, or to improve existing online businesses) that I turn down because my other businesses would suffer.Â
So what other opportunities for seling your own, or marketing products in other niche markets?
There are so many opportunities out there…
- Information products in the personal development, health, hobby, relationship niches which contain thousands of sub-niches each. We have products across some of the niches and do extremely well with them. We outline those systems on finding and turning a profit with proudcts in these niches inside InfoMarketer’sZone
- Affiliate marketing for nearly any product you can think of that is in-demand, become an expert at finding demand and matching that with valueable front-end websites to earn a portion of the sale putting yourself between the demand and suppliers. You can move information products from Clickbank or physical products from Amazon, Commission Junction, or other online retail outlets and build a full-time income based on affiliate marketing without ever touching the “make money” niche
- Take an offline business online – guys like Gary Vaynerchuck who took his Wine Retail Store online and is building a fortune from his own web business. You can either take an offline business you have and expand it online or help others in your area do the same taking up-front payment and/or a portion of their profits going forward in exchange.Â
- E-commerce where you sell wholesale or your own licensed products to a hungry market. Think exercise equipment, yoga supplies, train parts, remote-control models, etc… We have a couple of sites that were started as affiliate marketing for physical goods that we have morphed into e-commerce sites selling wholesale, drop-ship items where our profit margins are nearly triple what we would get paid as affiliates.Â
When SHOULD You Market To The Make-Money Niche?
To me, the only people that should be marketing IM, internet marketing or business training are those that have or are currently gathering first-hand experience and share that through their “make-money” products.
Say you develop a $5,000/month online business selling affiliate products from Amazon, then sure, you can share that with others in your own “make money” niche because you have DONE it and have valuable tips to share with others who want to follow the same path.
Our site InfoMarketer’sZone was setup years after our initial success online mainly because we had so many requests from people about our systems, techniques, strategies and tools we used to achieve our success online. Instead of answering every question that came in or only offering $250/hour consulting, we came up with a method of sharing our information weekly at a very low cost to our customers and that would scale to hundreds of people which helps our customers and scales for us.Â
So don’t be scared about entering NON money-making niche markets online, you will often find they hold more profit and are less competitive in the long-term.
