what best niche roi??
- Thread starter xcore2013
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ChristopherColumbus1492
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- Nov 7, 2016
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Best ROI: Niche Software/tool development. Most profitable: Niche Guides/Courses
First to market tools have giant total revenue potential and the information in guides/courses is a premium commodity - you set the price not the market
First to market tools have giant total revenue potential and the information in guides/courses is a premium commodity - you set the price not the market
Bullcrap. Without optimized marketing, any "niche" won't be profitable. When you have your marketing on point, ANY "niche" is the most profitable.
Not only marketing, but also know what's the lifetimr value of your customers and whatnot
D
Deleted member 657006
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Any niche in the world can be profitable and fantastic roi, it all about correctly
Promoting / advertising the item correctly....
Fantastic Landing pages make grate money opposed to crappy designed ones.
Even clickbank can bring good money on the table , it all about the landing page and how it show the product in quistion .
Promoting / advertising the item correctly....
Fantastic Landing pages make grate money opposed to crappy designed ones.
Even clickbank can bring good money on the table , it all about the landing page and how it show the product in quistion .
uceko25
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- Sep 5, 2015
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It's like before you gave them dildos, they were happy using "p***y".
ChristopherColumbus1492
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- Nov 7, 2016
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Bullcrap. Without optimized marketing, any "niche" won't be profitable. When you have your marketing on point, ANY "niche" is the most profitable.
Not only marketing, but also know what's the lifetimr value of your customers and whatnot
My answer did not suggest that optimized marketing wasn't important or specify a niche. Let's let the white hats waste their time discussing which niche is the best and spend our time actually making money. Roserpa you're correct that any niche can be just as "profitable" as the next but OP asked for best ROI which is PROFIT/TOTAL ASSETS. ROI has no dependence on time or niche and since we agree that any niche can be profitable, the only exploitable variable is "TOTAL ASSETS" which should be minimized to increase total ROI. Niche Courses and Guides do this but have limited LTV (customer lifetime value), since ROI is independent of time Niche SaaS comes out on top due to superior LTV.
Please prove me wrong because I will be completely mind blown if I am.. I really don't see why you called my answer bullcrap. I may be new to these forums but I've been around for quite some time.
LTV calculation of SaaS -> https://blog.chartmogul.com/wp-content/uploads/2015/04/ChartMogul-Ultimate-Guide-to-SaaS-Customer-LTV.pdf
Geeze I usually only get that ticked off at the noobs over at warrior forum.
All I say is that you seem too close minded in that recurring payment models seem to be the *ONLY* way to get the best roi. In fact, I am currently working with a recurring method, called Negative Options, which I'm almost sure you know about.
My point is that a subscription model is NOT the only way to generate a high roi.
For example, right now I work on a model that let's me spend $10 to $13 usd for every $1.20 I spend. With that being said, you can see that my ROI instantly increases by hundreds of percent even if I was promoting other non-recurring product.
In short, not only extending how much I charge clients increases ROI, but also cutting corners in other areas which impact the overall ROI.
ChristopherColumbus1492
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- Nov 7, 2016
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OP didn't suggest it was. You are likely confusing a market (total number of potential buyers & sellers within a given area) with a market niche (Subset of a niche that concerns particular features of a product).
Whether on purpose or not OP essentially asked "What type of product features tend to generate the best ROI for digital products". He likely meant to say "not affiliate products" instead of "not clickbank" meaning that he wants to sell a product that he owns.
It's alot easier to understand if you step outside of the digital niche marketing realm and consider niche markets of physical products -> "red cars | electric cars | Loud cars | Fast cars..." are all niche markets of the car market (you can also refer to this as 'types' of cars). This should not be confused with "color, power source, noise emission, speed" which are the respective features sets (all cars have color, power source, noise and speed)
It's a little more difficult to wrap your head around when describing digital niche marketing but examples usually include methods of information delivery -> "PDF , Physical book, Video lectures, Podcast audio, Forums, Live Events, Mobile Apps, Blogs, etc." -> In the digital marketing world, a physical product is actually a market niche
Sorry for the long post, I'm 300 pages into writing an SEO textbook, bored out of mind, and procrastinating by posting on BHW
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ChristopherColumbus1492
Newbie
- Nov 7, 2016
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I love the idea of negative options by haven't had the chance to apply it yet- had some trouble with payment gateways not allowing for it. Might have some questions for you in the future.
I definitely agree its a super effective model (can't say any more bc I havent tried it) BUT payment method is not a market niche (refer to my previous post above) its actually a marketing tactic.
Yea, my point was that I am also cutting corners on advertising budget by working on this scheme that gets me $10- $13 usd for every $1.20 usd spent