Teaching2014-11-18·17 min

Researching Niche

Researching Niche

Eben Pagan teaches entrepreneurs how to conduct effective niche research using free online tools like forums, blogs, and ClickBank to understand customer needs and validate market opportunities. He demonstrates specific research techniques including analyzing competitor keywords, studying successful products, and conducting one-on-one customer conversations.

Researching Niche

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Key Moments

How to Research Your Niche Using Free Online Tools -- A systematic approach to understanding your market and validating business opportunities without expensive market research

Consistent Paid Advertisers Signal a Profitable Market

Look for consistent paid advertisers on Google search results. If the same companies keep appearing in paid ads day after day, they're likely making money with their approach since they wouldn't continue spending on unprofitable campaigns.

10:11

Start With Free Consultations Asking About Fears and Challenges

Start helping people one on one and do free consultations asking questions like 'What's your biggest fear? What's your biggest challenge? What worries you?' to evoke emotional answers

12:08

Repeat Paid Advertisers Signal a Profitable Niche

If you search a term on Google and see the same advertisers showing up repeatedly in paid ads, you can ascertain that it's probably working and they're probably making money

7:56

Free Niche Research — Forums, ClickBank, and Competitor Keywords

Use free online tools like forums, ClickBank marketplace, and Google to see what's already working. Search for forums in your topic, analyze top-selling products on ClickBank, and study competitor keywords using 'view source' on their websites.

6:47

Reading Competitor Meta Keywords Using View Source

You can use 'view source' on competitor websites to see their meta keywords and descriptions to understand what terms they're optimizing for

8:48

Relevant Clips19

  • How-To

    How to Research Your Niche Using Free Online Tools -- A systematic approach to understanding your market and validating business opportunities without expensive market research

  • Teaching6:47

    Free Niche Research — Forums, ClickBank, and Competitor Keywords

    Use free online tools like forums, ClickBank marketplace, and Google to see what's already working. Search for forums in your topic, analyze top-selling products on ClickBank, and study competitor keywords using 'view source' on their websites.

  • Teaching9:04

    Emotional Questions That Reveal Fears and Buying Drivers

    Ask emotional questions that reveal fears and desires: 'What's your biggest fear?', 'What's your biggest challenge?', 'What are you afraid might happen?', and 'What worries you?' These uncover the irrational drivers behind purchasing decisions.

  • Teaching10:11

    Consistent Paid Advertisers Signal a Profitable Market

    Look for consistent paid advertisers on Google search results. If the same companies keep appearing in paid ads day after day, they're likely making money with their approach since they wouldn't continue spending on unprofitable campaigns.

  • Teaching12:36

    Daily 15-Minute Prospect Consultations to Uncover True Motivations

    Talk directly to prospects through daily 15-minute consultations, asking emotional questions like 'What's your biggest fear?' and 'What worries you?' People reveal their true motivations when you ask about fears and desired outcomes.

  • Teaching

    Internet Research Now Replaces Hundred-Thousand-Dollar Studies

    Research can be done with the Internet faster and more efficiently than has ever been possible before - you can do what would have cost tens or hundreds of thousands of dollars for little or no money if you know how to do it

  • Teaching4:33

    ClickBank Marketplace as Real-Time Demand Signal

    Use ClickBank marketplace to see which information products are currently top performers in your category. These are the products selling most and converting best right now, showing you what customers are actually buying.

  • Teaching0:31

    Find Niche Forums Where People Speak Honestly Online

    Search Google for forums and discussion groups in your topic area. People speak more openly behind screen names and reveal what they're really thinking and experiencing in these communities.

  • Teaching14:33

    Niche Depth Creates a Natural Moat Around Your Market

    The more niched you are and the more of an expert you are on that niche, the more you have what Warren Buffett calls a natural moat around your castle with natural protection of your market

  • Teaching

    Online Anonymity Opens People Up to Real Honesty

    People sitting behind computer screens with screen names speak openly and talk about what's really going on and what they really think because of the transparency of online communication

  • Teaching12:08

    Start With Free Consultations Asking About Fears and Challenges

    Start helping people one on one and do free consultations asking questions like 'What's your biggest fear? What's your biggest challenge? What worries you?' to evoke emotional answers

  • Teaching7:56

    Repeat Paid Advertisers Signal a Profitable Niche

    If you search a term on Google and see the same advertisers showing up repeatedly in paid ads, you can ascertain that it's probably working and they're probably making money

Show 7 more
  • Teaching11:41

    Talk to Prospects Directly — Irrational Fears and Fantasies

    The most powerful thing you can do is start talking to your prospective customers and interacting with real live human beings who have irrational fears and fantasies

  • Teaching6:14

    ClickBank Shows Top-Performing Information Products Right Now

    ClickBank marketplace shows you the top performing information products that are selling the most and converting the best right now in any category

  • Teaching8:48

    Reading Competitor Meta Keywords Using View Source

    You can use 'view source' on competitor websites to see their meta keywords and descriptions to understand what terms they're optimizing for

  • Teaching14:51

    Do One Live Consultation With a Real Prospect Every Day

    Do at least one live fifteen minute consultation conversation with a real prospect per day, either in person or on the telephone

  • Quotable12:36

    Live Human Research as the PhD in Marketing

    When you're dealing with live humans, when you're actually talking to real live human beings who have irrational fears and fantasies and concerns, and you can get inside their head and figure out what's going on for them, that's when you get the PhD in marketing.

  • Quotable

    Internet Research Now Does What Cost Hundreds of Thousands Before

    Research can be done with the Internet faster and more efficiently than has ever been possible before. Before, you can do what would have cost tens or hundreds of thousands of dollars for little or no money on the Internet if you know how to do it.

  • Quotable14:33

    Niche Expertise Creates a Warren Buffett Moat Around Your Castle

    The more niched you are and the more of an expert you are on the niche that you're working on, the more you have what Warren Buffett calls a natural moat around your castle.

Entities Touched

Canonical Teachings

People sitting behind computer screens with screen names speak openly and talk about what's really going on and what they really think because of the transparency of online communicationIf you search a term on Google and see the same advertisers showing up repeatedly in paid ads, you can ascertain that it's probably working and they're probably making moneyThe money question to ask customers is 'What's your biggest fear or frustration?' - if you could only ask one question forever, this would be itResearch your niche for free using forums, ClickBank marketplace, Google, and view source on competitor websitesYou can use 'view source' on competitor websites to see their meta keywords and descriptions to understand what terms they're optimizing forDo at least one live fifteen minute consultation conversation with a real prospect per day, either in person or on the telephoneThe most powerful thing you can do is start talking to your prospective customers and interacting with real live human beings who have irrational fears and fantasiesResearch can be done with the Internet faster and more efficiently than has ever been possible before - you can do what would have cost tens or hundreds of thousands of dollars for little or no money ClickBank marketplace shows you the top performing information products that are selling the most and converting the best right now in any categoryTalk to potential customers daily and ask what's your biggest fear and frustration, and what's your biggest want and aspirationThe more niched you are and the more of an expert you are on that niche, the more you have what Warren Buffett calls a natural moat around your castle with natural protection of your market

The Power of Free Online Research

Eben reveals how entrepreneurs can conduct market research that would have previously cost tens of thousands of dollars using free internet tools. He demonstrates practical techniques for finding customer insights through forums, blogs, and discussion groups where people speak openly about their real problems and concerns.

Using ClickBank to Identify Market Opportunities

Through live demonstration, Eben shows how to use ClickBank's marketplace to identify top-performing information products in any niche. He reveals how this research uncovered that customers buy 'fat loss' products rather than 'weight loss' products, demonstrating the importance of understanding actual buying behavior.

Advanced Research Techniques and Customer Psychology

Eben teaches sophisticated methods including analyzing competitor keywords through website source code and identifying profitable markets through consistent paid advertising presence. He emphasizes that the most powerful research comes from direct customer conversations using specific emotional questions to uncover irrational fears and desires that drive purchasing decisions.

Counterpoint 2

Claim:Market research requires expensive surveys and focus groups costing tens of thousands of dollars

Reframe: Comprehensive market research can be done essentially for free using online forums, ClickBank, Google, and direct customer conversations

Claim:You should call it 'weight loss' because that's the obvious term people use

Reframe: Research what customers are actually buying - they're buying 'fat loss' products, not 'weight loss' products

Topics

Coaching Strategies

niche targetingmarket researchclient identificationcoaching sessions