Is Your Niche Big Enough?

hamsters in a wheel

You may want to sell sandals for hamsters, but that doesn’t mean anyone will want to buy them. Yes, build a tribe. Yes, focus on a narrow niche – but not so narrow that you and three other people are the only ones in it.

Do some research first

Check Google. How many results do you get for “sandals for hamsters” (with the quotes)?

Is there a newsletter? A magazine? How about blogs? Are there any other sites selling hamster footwear?

Find a good angle

If you want to focus on hamsters, maybe you need a different angle. Like hamsters 101, or hamster accessories. Or build-your-own hamster habitats.

If there are people who share your interest, they’ll be on the Internet – they’ll have forums, magazines, blogs, Facebook groups, and events.

Hamster shoes are, of course, silly. The real point is to do some research and make sure there is a market for what you want to sell (hamsters with cold feet?), that it’s big enough to support you, and that they can afford/find value in what you’re selling. $5,000 gold and diamond hamster shoes? Probably not. How about a nice plastic wheel instead?

Photo: cdrussorusso

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Related posts:

  1. Does Your Business Have a Niche?
  2. Can You Have More Than One Niche Market?
  3. Secrets of Successful Niche Marketing
  4. Revealed: Why Clients Want to Make the Logo Big

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