I’m actually a fan of forums because it is where I get a lot of information from people interacting and sharing valuable information. I learned from doing online marketing before that you can actually attract visitors to your site by being active in forums that are related to your niche. But NPC’s Market Profile Strategy also teaches us to use forums as a tool in determining the profitability of a niche. It's called forum analysis.
The first step is to go to google and find whether there are forums related to your niche. So if your niche is koi breeding, you can just type in koi breeding forums. Make sure that you use only your keyword and just add the word forum to narrow down the results. If there are forums related to you target niche, check them out whether they are indeed forums because some domains can be misleading.
Visit those forums and check out if the forums are active. It’s also good to note the number of members, topics, posts and more importantly the number of active users. When you go to the bottom part of the any forum,
you will also see the number of active users as well as the people who are currently online. If you have been exposed to forums before, you will be able to tell if the data that you see inside the forums are in the high or low range. If you see a couple of thousand of posts per subcategory, then it means that many people are seeking out information related to your niche.
With the market profile software at NPC, you just have to input the data on the number of forums related to your niche as well as save the URL’s of the top forums related to your niche because the numbers will be used again in comparison with the data we’ve collected from my previous posts.
Without the software at NPC, the information that you can get from the forums can help give you an insight as to how many people are interested in your niche. We want to seek out those passionate people because if they invested some time in posting in forums, it means that our niche may have potential.
If you can't find any forums on google, it doens't necessarily mean that your niche is not going to be good. It only means that you need to dig deeper. You can go back to clickbank and Amazon to search for the parent category of your niche with the goal of finding useful data.
So now, let’s move a step further to step 4. See you there!
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