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What is Niche Marketing?

The word ‘niche’ is defined as: “A special area of demand for a product or service”. ‘Marketing’ is defined as: “The opportunity to buy or sell”. If you put the two works together, niche marketing means buying or selling a product or service in a special area of demand. All that really means is that a product or service is being sold to the people who are most interested in that particular product or service and not to the world in general.

Oftentimes big businesses use niche marketing. For example, a company that makes computers and computer accessories might advertise all-in-one copy/printer/scanners to the home computer user while at the same time advertising single function machines to large businesses.

One of the things that make niche marketing so attractive to sellers is that their advertising budgets go further. It costs less to advertise to a specialized market than it does to advertise to a broader market.

Niche marketing must be designed to meet the unique needs of the targeted audience. Niche marketers must tailor their product to meet those unique needs. If, for example, you have designed a product to make poodle grooming easy enough for the untrained professional to do it, those who own poodles will be most interested in your product. Those who own Blood Hounds or cats couldn’t care less. If you have written an e-book that will explain how to start and succeed at an online business, those who are looking for that information are your niche market. Those who are happy doing what they are doing are not interested at all.

Niche marketing is a very effective and cost efficient way to advertise and sell specific products or services to a specific audience or, hopefully, buyers of that product or service.

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Global Resorts Network has been the talk of the affiliate world since their launch in March of 2007. Global Resorts Networks unique, high payout, affiliate program has caught the attention of many online marketing gurus and well respected affiliates in the online community. With the introduction of the Perpetual Leverage pay plan for their affiliates, Global Resorts has given all other affiliate programs a run for their money!

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The Global Resorts Network team wanted to create the most lucrative pay plan available on the net and I believe they have succeeded in their mission. For each membership that is sold Global Resorts Network only makes 1,000 and they pay their affiliates the other 2,000! This is the perpetual pay plan that is making the news in all affiliate circles.

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