Membership Niche Selection Tips
August 2nd, 2010 | 1 Comment |
This article explains how to select a profitable niche for your membership business.
Step 1 – Find a Fanatical Market
If you want your membership business to be profitable, you have to find a marketing with fanatics in it. Fanatic is defined as someone with an irrational enthusiasm. These are the people you’re looking for because they are so enthusiastic they’re willing to spend money on their topic of fanaticism. Now that we know what we’re looking for, let’s talk about how to find them…
- One simple idea that’s easily forgotten is to scan the magazine racks when you’re out and about. It’s becoming increasingly difficult to run a print magazine. So if you see one on the shelves you know they are making money, which means that there are enough people interested in what they’re saying to make it profitable. That doesn’t mean definitely that it will make a good membership business, but it’s a good starting point.
