Finding Niches (Detailed) - 6

6. Pick best fits, most profitable, and easiest to provide.

Now is the time to start judging and sifting. Your first choices should include those products you already produce and the niches they easily fit into. Another filter would be to include those products or services that can generate some sort of passive income. Any information product would be included in this category. For example, in addition to selling your custom-sculpted fire rings, you might sell an ebook that teaches people how to create a garden space designed to perfectly accent that fire ring. The possibilities for information products are innumerable and are limited only by your imagination and creativity.

Also consider which products take the least amount of time and yield the highest return. If you product a product or service that takes a considerable amount of time and energy, charge a premium price.

Niche-Problem-Solution combinations are what you are ultimately looking for. Identify as many of these as possible.

Read the book!

Chris O’Byrne
http://www.OnlineArtsMarketing.com/blog