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In the world of Internet niche marketing, the greatest asset is often the
chosen niche. Many marketers spend a great deal of time, energy and resources
selecting a niche which they believe is going to be profitable. There are
certainly no guarantees a particular niche will be profitable but there are
certain strategies for choosing a niche that has a high probability of
success.
One popular strategy for selecting a niche involves employing a principle
similar to the concept of supply and demand. Statistical information supplied
by search engines is used to determine the popularity of certain search
terms. This information is significant because terms which are being searched
frequently are terms which have a large audience of Internet users looking
for more information on the niche subject. These are terms which are in high
demand. From this statistical information you can build a list of potential
niches. Once this list is compiled, it is time to begin researching the
competition in each of these niches. Ideally the niche you select will be one
which has a large audience and not much competition. These are niches which
are in low supply.
Choose the Type of Work You Outsource Carefully
One way to protect your niche is to be selective about the type of work you
outsource to others. Many Internet niche marketers are comfortable
outsourcing their copywriting and their website design. However, they are
more protective about outsourcing tasks such as marketing, niche selection
and keyword development. This is because although copywriting and website
design both involve optimization for keywords the strategies for doing so are
readily available on the Internet. However, many marketers have specific
methods for marketing and developing a niche and keywords and are not willing
to outsource this work because it will likely involve sharing secret
strategies.
Share Keywords via Email
Developing related keywords for the niche is a very important part of the
success of an Internet niche marketing campaign. Keywords are absolutely
critical and conventional wisdom holds that an extensive list of keywords
should be developed for a particular niche to be successful. Some in the
industry recommend developing approximately 200 keywords for each niche.
There is a great amount of effort put into the process of selecting keywords
and those who are savvy do not want to make it possible for others to find
their list of keywords on the Internet. Including a list of keywords on an
advertisement seeking a copywriter or website designer will be searchable by
others in the industry. For this reason it is not wise to post keyword lists
where others have free access to the keywords. This may sound overly paranoid
but it is commonly known that Internet marketers often make the mistake of
posting their keywords on job boards and those who are interested in
harvesting these keywords visit these websites frequently to gather
information. Transmitting the keywords through a protected email account or
via telephone is a better way to protect the work you have put into
developing your niche.
Use a Non Disclosure Agreement
Finally, a non disclosure agreement (NDA) is one way for the marketer to
protect his niche when he is outsourcing. An NDA is essentially a document
specifying the rights of the employer and employee in regard to sensitive
materials. The NDA can be drafted to include any terms the client sees fit.
Some example of the restrictions the contractor may agree to by signing an
NDA are:
* A definition of which materials are sensitive
* Restrictions on how materials can be transmitted
* A stipulation precluding the contractor from competing in the niche during
a given time period
* A duration of time for which the contract is binding
In protecting a niche market the above terms can be used when outsourcing.
The client may specify the sensitive materials to be the niche and the
related keywords as well as any information regarding marketing strategy. The
client may limit the methods in which the sensitive materials can be
transmitted to secure emails and telephone conversations. The duration of
time for which the contract is binding is up to the client. Common timeframes
include the duration of the project or a set number of days, weeks, months or
years. In niche marketing a timeframe of at least one year after the project
is completed is recommended to prevent the contractors from entering the same
niche immediately after the project ends.
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