How-To
How to Choose and Test a Profitable Niche -- Eben Pagan's systematic approach to selecting and validating niches that have high probability of success
Teaching9:50
Three-Question Niche Viability Test
Use the three-question niche test: Does your prospect have an emotional irrational need? Are they proactively looking for solutions? Do they have few or no perceived options?
Teaching1:04
Money, Health, Relationships Sell 5–20x More Than Other Niches
Three mega-niches dominate information product sales: money/business, health/fitness, and relationships, selling 5-20 times more than other niches
Teaching8:47
Carving Dating Out of Relationships as a Niche
Eben carved off dating from relationships because people didn't know where to go for dating advice, unlike cars where everyone knows Ford or BMW
Teaching6:52
Neutrogena's Narrow Niche That Won a Category
Neutrogena became #1 in their categories by starting with the narrow message of 'use every couple weeks to wash off residue from other soaps'
Teaching8:47
Focusing on the Most Powerful 20% to Alienate Non-Prospects
Focus on only the most powerful 20% and eliminate 80% - you want to alienate your non-prospect so your ideal customer feels understood
Teaching3:42
Widening When You Should Be Narrowing
Most people widen their thinking when they should narrow - like changing from 'weight loss book' to 'total health makeover'
Teaching9:07
Narrowing Your Niche Captures More Market
Narrowing your niche intelligently captures more market than trying to appeal to everyone
Answer1:40
Security, Health, Relationships: Hardwired Irrational Needs
These aren't logical issues - they're irrational, emotional, deep things we're wired from birth to want. We want security, health, and relationships and will do anything for them. Without one, all your attention goes to fixing it.
Answer9:07
Using the Three-Question Test to Validate a Niche
Use Eben's three-question test: Does your prospect have an emotional, irrational need? Are they proactively looking for solutions? Do they have few or no perceived options? Three yeses means high probability of success.
Answer1:04
Three Mega-Niches Sell 5-20x More Than Any Other Category
The three mega-niches are money/business/finance, health/fitness, and dating/relationships. These sell 5-20 times more than other niches because they address fundamental human needs from Maslow's hierarchy.
Answer8:32
Alienating Non-Prospects Makes Ideal Customers Feel Seen
You want to alienate your non-prospects so your ideal customers feel deeply understood. When your message turns off non-prospects, your real prospects say 'somebody gets me - you're speaking my language.'