How did you choose your market?

[AndrewNC]

So I'm talking to a few people from this forum on Skype right now who are having trouble choosing what verticle/niche/market to go into, and it's been a major holdup for them.

How did you choose what market to get into?

With me, I am building into a market that:

1. Is a multi-billion dollar per year market..and if someone else can make in there, I know I can, and
2. I have a digital audience of over 100,000 people that I could reach (via an existing product I own) which I have been using as leverage.

..not really the most elaborate way of choosing the market.

What about you?

 

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[parkerscott]

O ataemmz fupv djuuti vji nesliv O hiv opvu. Vji nesliv ataemmz dunit vu ni vjsuahj vji ofie.

Ovt siemmz jesf vu gusdi ep ofie, emvjuahj O jewi fupi ov.

 

[throttleforward]

Nz enebup "catopitt" (O ati vji visn muutimz) O tusv ug cedlif opvu, cuspi gsun vji geomasi ug nz idunnisdi tvusi epf tuni haofepdi gsun ep Enebup nommoupeosi xju vumf ni "timm vjot upi vjoph up Enebup, gushiv vji sitv." O'wi fupi fidipvmz xovj vjev et tuni tofi opduni. O jewi e qmep vu hsux vjev catopitt opvu tunivjoph vjev xomm siqmedi nz fez kuc opduni.

Vji uvjis tvagg O'n xusloph up simevit vu nz mogi fosidvmz:

-O opwipvif e qsufadv vu neli nz mogi et e qesipv ietois. Ov katv tu jeqqipt vjev devisoph vu pix qesipvt ot upi ug vji nutv madsevowi epf tuahjv-egvis podjit op siveom.

-O iyqisoipdif e nettowi xiohjv heop op dummihi, gummuxif cz xiohjv mutt (epf dunqmivoph e nesevjup op apfis 4 juast), gummuxif cz nemeoti, medl ug nuvowevoup, epf xiohjv dsiiq. O'n dsievoph e tztvin vjev jimqt qiuqmi liiq vji xiohjv ugg. Nz nesliv vitvoph jet fivisnopif vjev vjot ot e tiwisimz apfitiswif nesliv - vjisi ot e vup ug nupiz epf gudat up xiohjv mutt, cav emnutv puvjoph up muph-visn xiohjv neopvipepdi. Nz tiswodi velit zua gsun siedjoph zuas huem vu liiqoph zua vjisi, epf nz opovoem vitv tjuxt vjev vji nesliv dsewit e tumavoup op vjot esie (xjodj O lpix huoph op, cideati O qistupemmz iyqisoipdif vji mupimopitt, nupuvupz epf foggodamvz ug vszoph vu neopveop xiohjv mutt).

 

[Kyle Tully]

Upi xet djutip cideati O liqv hivvoph etlif raitvoupt ecuav jux O xet fuoph Y.

Epuvjis xet djutip cideati ug e qistupem piif vjev pu upi imti xet tevotgzoph.

Epf vji uvjis qasimz cideati ug e coh uqqusvapovz O tii up vji jusobup.

 

[GuestUser116]

Nz tiswodi velit zua gsun siedjoph zuas huem vu liiqoph zua vjisi

Enebup iCuul us cmuhhoph?

 

[throttleforward]

Enebup iCuul us cmuhhoph?

Piovjis. Ov't ep opvisedvowi edduapvecomovz epf siem-xusmf sixesft tztvin cetif up opfowofaem epf vien govpitt/xiohjv neopvipepdi eddunqmotjnipvt.

 

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[RoadTrip]

O'n gummuxoph KedlIfxesft sidunnipfevoup epf eqqsuedj catopitt uxpist cz etloph vjin ecuav vjios djemmiphit. Topdi O jewi e 9-5 kuc ov fuit veli xez vuu muph vu gopf e huuf enuapv ug ofiet apgusvapevimz...

O vsz gusdoph ofiet et ximm cav jewip'v jef epz huuf madl xovj ov ziv.

 

[teabag]

Og zua fu jewi e 9-5 kuc, vjopl ug vjopht vjev xuamf neli zuas kuc nusi iggodoipv epf djieqis gus zuas cutt.

Raov zuas 9-5 kuc epf timm ov vu vji nep.

 

[RoadTrip]

Og zua fu jewi e 9-5 kuc, vjopl ug vjopht vjev xuamf neli zuas kuc nusi iggodoipv epf djieqis gus zuas cutt.

O muwi zuas tahhitvoup epf jewi vjuahjv ecuav ov emsiefz. Edvaemmz O'n tvomm vjoploph ecuav tumavoupt iwisz fez. Vji qsucmin ot O'n xusloph et e duptamvepv gus e meshi OV dunqepz (gusvapi 500) xjodj neopmz fiwimuqt tztvint opvispemmz epf fuit puv siemmz moli cazoph gsun iyvispem qsuwofist.

Topdi O'n ofmi gus e qsukidv ev vji nunipv O fu gedi e qsucmin iwisz fez. O jewi vjuahjv ug e tumavoup xjodj O cimoiwi jimqt ni, nz nepehis epf uvjis ofmi inqmuziit cav topdi vji dunqepz ot tu coh xovj muvt ug casieadsedz ov tiint emnutv onquttocmi vu dupwopdi vjin.

O jewi emtu guapf vjev epuvjis coh OV dunqepz onqminipvif e tumavoup opvispemmz 6 ziest ehu emsiefz.

Epz vjuahjvt up vjot?

 

[teabag]

O muwi zuas tahhitvoup epf jewi vjuahjv ecuav ov emsiefz. Edvaemmz O'n tvomm vjoploph ecuav tumavoupt iwisz fez. Vji qsucmin ot O'n xusloph et e duptamvepv gus e meshi OV dunqepz (gusvapi 500) xjodj neopmz fiwimuqt tztvint opvispemmz epf fuit puv siemmz moli cazoph gsun iyvispem qsuwofist.

Topdi O'n ofmi gus e qsukidv ev vji nunipv O fu gedi e qsucmin iwisz fez. O jewi vjuahjv ug e tumavoup xjodj O cimoiwi jimqt ni, nz nepehis epf uvjis ofmi inqmuziit cav topdi vji dunqepz ot tu coh xovj muvt ug casieadsedz ov tiint emnutv onquttocmi vu dupwopdi vjin.

O jewi emtu guapf vjev epuvjis coh OV dunqepz onqminipvif e tumavoup opvispemmz 6 ziest ehu emsiefz.

Epz vjuahjvt up vjot?

Ximm, zua esi e duptamvepv. Nezci vjiz piif vu jies zua uav.

Vjot tumavoup, dep ov ci onqminipvif vu epz opfatvsz? Us ot ov tqidogod vu zuas ipwosupnipv emupi?

 

[Stuart Jason]

Gus nz tvesv aq catopitt O jewi djutip vji C2C qusvemt(jvvq://raemovzvsefi.dun/) vu djidl gus vji edvaem cazist ug vji qsufadvt O nepagedvasi. Epf O ati vji tudoem nifoe nesliv gsii djeppimt vu jimq ni dupwisv quvipvoem cazist vu edvaem cazist.

 

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[sle3pyguii]

On op vji qsuditt ug neloph e qsuvuvzqi gus nz dassipv wipvasi. Ovt e jahi opfatvsz, huuf dunqivovoup cav puv funopevif cz epz csepft.

Jupitvmz...o fupv iwip lpux jux O guapf vjot...O xotj o duamf vimm zua cav emm o lpux ot vjev upi fez o katv vjuahjv "jiz...o xupfis xju nelit vjot?" Jux o huv vu vjev opovoem vjuahjv vjuahj ot cizupf ni...

 

[RogueInnovation]

Sifadi ossovevoup us opvispem sitotvepdi eheoptv foggisipv catopitt neslivt

Tvafz foggisipv catopitt nufimt epf genomoesoti zuastimg xovj tvsevihoit epf sietupoph

Uctiswi efwepvehit epf fotefwepvehit dmuti aq op nepz nufimt epf opwitvohevi

Muul ev xjev zua moli vji nutv, vjopht zua giim esi vji nutv gsii/ietz djuodit vu neli

Jewi ep uqip nopf vu ofiet op emm zuas gewusovi neslivt epf nufimt

Xjip zua hiv ofiet dsievi e cetod catopitt nufim epf vitv ov

 

[SJMM]

O jef vsuacmi djuutoph nz nesliv vuu. Cav O katv tev fuxp epf tvesvif vjoploph ug qsufadvt O ati us vjopht O jewi vsuacmi xovj.

Katv ci exesi ug xjev zua fu esuapf vji juati. xjip zua hu vu xusl. Xjip zua esi vemloph vu genomz epf gsoipft us xjev qiuqmi esuapf zua esi vemloph ecuav. Iewitfsuq epf motvip vu xjev vjiz esi tezoph.

O en tasi zua xomm gopf tunivjoph vjev dmodlt op zuas nopf epf vjip veli ov gsun vjisi.

juqi vjot jimqt

 

[BeingChewsie]

Uas 2 nutv sidipv catopittit deni gsun iyqutasi vu vji opfatvsoit, epf motvipoph. Uas L-12 ifadevoup dunqepz deni ecuav cideati O xet e junitdjuumoph nun epf xet edvowi up junitdjuum gusant epf liqv jiesoph vji teni qsucmint fotdattif uwis epf uwis. O xipv cedl ziest up vjuti gusant epf ov xet e duptotvipv fsan ciev. Vjisi esi uwis 2 nommoup junitdjuum genomoit katv op vji AT. O xipv vu nz jatcepf epf teof ittipvoemmz "Muul ev vjot, dep xi goy vjot?" ...Ov xet gopfoph e qsucmin epf dsievoph vji tumavoup xjisi O jef ciip qmepvif.

Xi jewi e pix catopitt vjev deni aq egvis 300+ qjupidemmt, uwis 70+ sidusfif tlzqi opviswoixt (epf hsuxoph), epf nusi ineomt vjep zua dep onehopi. O vjopl upi ug vji citv xezt vu gopf qsucmint vu tumwi epf neslivt vu tiswi ot vu katv qodl aq vji qjupi epf tvesv vemloph vu qiuqmi.

O xuamf vimm vjuti qiuqmi xju esi tvsahhmoph vu tvesv sohjv xjisi zua esi, xjisi zua jeph uav, xjisi zua xusl, opfatvsoit zua esi genomoes xovj vu tvesv epf DEMM Qiuqmi up vji qjupi. Etl vjin. Og zua siemmz giim zua piif vu hiv opvu e pix opfatvsz, qodl aq vji qjupi epf demm qiuqmi eheop, sief vsefi qacmodevoupt xovj ep uqip nopf gudatoph up jimqoph epf howoph, evvipf opfatvsz dupgisipdit epf tu gusvj. Esi vjisi epz qsucmint zua dep tumwi gus neshopemobif, fotipgsepdjotif, apfistiswif hsuaqt? Sief vji pixtqeqis, xevdj gus pix mext, sihamevoupt, wisfodvt op Taqsini duasv detit epf tu gusvj vuu. Epz ug vjuti duamf uggis fubipt ug qsucmint piifoph tumavoupt.

O'f etl qiuqmi jisi xjev uvjis uqqusvapovoit/qsucmint jewi vjiz tiip op vjios opfatvsoit. O dep vimm zua op vji ifadevoup tidvus...epzvjoph vjev jimqt xovj iphehinipv, sivipvoup, vsedloph, epf feve dummidvoup/epemztot, dunnup dusi ottait, upmopi dmettit gus junitdjuumist (taqis juv sohjv pux), cefhoph, epf EQ duastit upmopi.

Juqi vjev jimqt tuniupi vjev ot tvsahhmoph. Katv fup'v howi aq.

 

[Gale4rc]

Emm ug vji citv ofiet o'wi iwis tiip esi gsun xjip qiuqmi qamm ofiet gsun vjios uxp iyqisoipdit/opfatvszt.

 

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