How to Apply the Three-Question Niche Test

5Steps4Clip evidence2Anchor concepts5Taught in programs
How-ToFrom the source
How to validate a profitable niche using Eben Pagan's three-question test -- A systematic approach to discovering and validating niches that have high probability of success

Steps

  1. Test for emotional need

    Ask: does your prospect have an irrational emotional driver? Look for people freaked out by pain, frustration, or strong urgency about the problem.

  2. Confirm active seeking

    Verify they've gotten up off their butt and started actively looking for solutions, not just waiting for one to land in their lap.

  3. Assess perceived options

    Determine if prospects have few or no perceived options from their perspective. Few perceived options means a market opening.

  4. Talk to prospects daily

    Interact live with at least one prospective customer per day via phone, Skype, or in-person to validate the three signals against real human responses.

  5. Look for patterns

    After several weeks of conversations, identify patterns across prospects to confirm whether the niche meets all three criteria before building.

Relevant Clips4

  • How-To

    How to validate a profitable niche using Eben Pagan's three-question test -- A systematic approach to discovering and validating niches that have high probability of success

  • How-To

    How to Test If Your Niche Will Make Money -- Eben Pagan's three-question framework for evaluating the profit potential of any business niche or product idea

  • How-To

    How to Test if Your Niche Will Be Profitable -- Eben Pagan's 3-question framework for validating niche profitability before investing time and money

  • How-To

    How to Apply the 3-Part Niche Test -- Validate profitable market opportunities using Eben Pagan's proven framework