Create a theme product or service for your niche market

Written by Amin Khan


I've already statedrepparttar implication of supply/demand in your business strategy. Now consider if there's absolutely no supply of any product, but you can identify a human need in an existing market.

Boy! You just brokerepparttar 121718 bank.

That's exactly what happened with Amazon.com. That's what happened with Yahoo. That's what happened with a host of success stories that has glaring effects on our minds.

Yahoo is perhapsrepparttar 121719 best example to demonstraterepparttar 121720 power of filling a gap in an existing market. In marketing lingo Yahoo identified a market niche.

Everybody knows it was a basement startup. But since Yahoo sensed, anticipated, and then fulfilled a basic need of people wanting to get exposure through a workable means, it went beyond success limits.

Yahoo didn't maintainrepparttar 121721 top 10 or 20 search engine positions rather it pioneeredrepparttar 121722 search engine directory itself. People have no choice but to submit their URLs inrepparttar 121723 Yahoo directory. Byrepparttar 121724 way, have you heard of Yahoo? Okay! Okay! You got it. :-)

I'm certainly not saying that everybody onrepparttar 121725 planet posessrepparttar 121726 same mindset like Jeff Bezos of Amazon.com, or Tim Koogle of Yahoo. But as Jim Rohn once said… "Human beings haverepparttar 121727 remarkable ability to turn nothing into something. They can turn weeds into gardens and pennies into fortunes", you can be sure not to loose hope.

Think about it. Does it make sense to you selling over-saturated products aimlessly torepparttar 121728 masses? Especially when there exists a cut-throat competition? Look outsiderepparttar 121729 window. Sometimes if guns don't work, it's always a good idea to make use of a cannon.

Vertical Portals: The Hottest New Trend on the Net?

Written by Richard Benvin


The Internet continues it's explosive growth in all directions, so you would think that identifying a hot opportunity would be a simple matter. The reality, however, is that most netrepreneurs still struggle to make a living onrepparttar Net, while a relative few hitrepparttar 121717 big time.

In an environment where technology and markets swirl around each other like a cyclone, getting caught up in a virtuous spiral is a matter of following natural forces. Some ideas, no matter how obvious, simply won't fly until their time has come.

Take vertical portals, for example. Lately, they are being touted as one ofrepparttar 121718 hottest new trends for commerce onrepparttar 121719 Web. Vertical portals aren't really a new concept-just an idea that's time has come.

For those who aren't familiar withrepparttar 121720 term, "vertical portals" are web sites that serve as guides or directories for specific topics onrepparttar 121721 Web. Sites like Yahoo! are called "portals" because they provide an entry point torepparttar 121722 wide open world ofrepparttar 121723 Web. The major portals provide much needed structure torepparttar 121724 Web. However, a web surfer who is interested in a specific subject -pro tennis, for example- would soon find that there are extensive resources and communities just around that subject. (See Absolute Authority on Pro Tennis. The "horizontal" or general portals like Yahoo! can't possibly keep up with every possible topic.

That's where vertical portals come in. Vertical portals are typically run by people with an interest in a particular subject. These people proactively seek outrepparttar 121725 content and community around that subject, and organize it with a level of care and skill that general portals simply can't match. They are a natural element ofrepparttar 121726 Web. And guess what- they aren't new.

Vertical portals have been around fromrepparttar 121727 start. So why are they suddenly so hot? Two words-Economic Viability. Whereas vertical portals used to be nothing but a time- sink for those who operated them, they are now being turned into income generating machines. Their time has come. Here are some ofrepparttar 121728 dynamics combining to make vertical portals a great opportunity now.

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