howtoselectaprofitableniche

It is not enough to choose a niche that is profitable. If you choose a niche 
you're not excited or you don't like it, your business is 
will likely turn into drudgery very quickly. Actually, one of many reasons 
people start a business is to quit a job they hate and the last thing you do 
you want to end up in the same position you were in before you left your job -
unhappy and wants something else.
So when you're looking for potential niches, try to find something that interests you and 
you are passionate This will make it easier for you to get products, 
sell products and spend the time needed to make your business a success.
It's possible that you won't have any interests that are profitable, but that's the way it is 
very unlikely. Even if you like some relatively obscure stuff, they'll usually be there 
be at least a decent number of other people who are also interested in it.
Chapter 03 - The Inside Scoop
Once you find a niche that you think has great potential for both 
profitability and passion, you should try to penetrate even further to create 
the tightest possible niche.
For example, let's say you've decided you want to focus on the outdoors 
hobby niche. This can include things like camping, backpacking, hiking, 
hunting and fishing. But there are thousands of popular stores that specialize in them 
this area, so it would be quite difficult to compete.
If you want to have a one-stop shop in a broad niche like this, you should 
source thousands of products and ensure prices stay current. It would 
be a huge amount of work for one person or even a small team.
Instead, it's a good idea to focus on one area. It may be the area in which you are the most 
which you are interested in or which you think will be the most profitable (if you are still 
interested). But it's important to break into the narrowest niche you can 
without being so tight that it becomes difficult to find an audience or source 
products.
For example, instead of “outdoor hobbies,” you could delve into fishing a little. 
This may still be too wide, so you could drill down to fly fishing. It is nice 
good, but maybe you could go a little further to specialize in a specific type of fly, or 
maybe into fly tying supplies for people who want to tie their own flies for fishing