Methods and Techniques for Exploring Niche Ideas

The methods and techniques for exploring niche ideas are varied.  Actually, I think exploring niche ideas is a kind of art form.  In ‘The Challenge’ , the methods revealed in the training were to go to the magazine subscription section of Amazon.com and browse through the topics that interest you.

I was familiar with this method before, but getting back to the basics, I found this time around to be extremely fruitful.  The activity task for this training was to identify and write down 7 Niche Ideas.  Browsing through the magazine section in various subjects that interested me, I actually found 11 that I could explore further.

What makes this an art form is that a person has to let go of any pre-conceived notions and let their mind wander into the realm of what they are interested in.  Take the possibilities of profit out of the scenario for a moment and just write down what comes to your mind while browsing.

What a relief!  Just the action of writing it down caused even more ideas to flow through my head.

Other methods to try:

I actually stepped out of my house the other day and went to the bookstore.  It’s not often I pull myself away from my business activities (having no money causes one to keep trying harder to succeed).  I went to the magazine section in the bookstore and walked down each isle grabbing a magazine from any subject that peeked my interest.

Then, I sat down with a stack of magazines and just flipped through the pages.  I wrote down what I saw, mostly what was advertised inside the magazines and some of the subjects of the actual articles.  I came out of that experience with several pages in my notebook chock full of niche ideas.  Now all I have to do is open a page, close my eyes, and press my finger onto a spot on the page and can explore that niche idea further.

The point to take away from this exercise is to just let yourself go.  Let your mind wander and write down ‘anything’ that comes to your mind.  Later on, you can think about taking a niche idea and paring it down into a micro-niche that you can then start to build an online business around.