Wednesday, August 5, 2009

Sorting it All Out

I've been through day 2 and day 3 of the Thirty Day Challenge today - twice. I'm still trying to get it all sorted out.

We get use of Market Samurai free during the challenge. This is really a cool tool for narrowing down key words and determining if you're going to be able to compete in the current market. It's great. If I'd quit leaving out steps it would work better. I tried it out for key words on my Bead Stitch Library that I'm writing and if I did it right, there's a market, traffic, possible conversions and the competition doesn't look all that stiff.

To summarize what I've learned: Most people pick a product then try to sell it. The best order of the process is
1. Market Research
2. Traffic
3. Conversion
4. Products

My head is still spinning over the market research. I'm trying find a micro niche in a market I'm interested in. I must be doing something wrong. My searches keep coming up with the same key words when I try to go from market to niche to micro niche. I have to go back through the videos again and see what I'm doing wrong. Thirty Day Challenge? It may take me sixty days to get through it at the rate I'm going.

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