Finding a hot trend market, better yet an untapped niche market, is one of the key elements to sucessful online product sourcing. There is nothing wrong with taking on a broad, highly competitive market, but many new marketers do much better with narrower nich markets. Generally speaking, the narrower the market, the more likely your site visitors will be more pre-disposed to buy. The key is finding the “perfect storm” of product, niche, and buyers that adds up to a hot niche market. They short-lived ones show up at Christmas and by the time most people figure it out the storm has passed.

Although finding a hot trend market is not complicated, for the newcomer it is not always as easy as it is sometimes made out to be and can be a daunting first step. It takes plenty of research, and persistence to find a product (or group of products) to sell that will make you money. To help get your creative juices flowing, I’d like to share five markets that are still relatively untapped. Niche markets that may seem to be very precise and difficult to find products for are often some of the best. Here are five niche market ideas that are still hot enough for you to begin profiting from.

Niche Market Idea #1: Heart Rate Monitors

These are used by professional athletes, gym devotees and by the vast numbers of people who need to track their heart rate on a daily basis. The babyboomers aren’t getting any younger, and as a market group they are getting to be more health concious as they age. When it starts getting closer, everyone fears the end.

Why this Could be a Hot Trend Market

• They have a 75% success rate on eBay for listed to sold products.
• They are lightweight and easy to ship and store.
• One size fits all.

Niche Market Idea #2: Plus Size Maternity Wear

Another plus-size item with huge success on eBay.  By the way, eBay can be a great indicator for success, but don’t think that eBay is the only place to sell. Think about setting up your own ecommerce site and getting tied in with dropship companies. Kijiji and Craigslist are solid markets to tap in to as well, especially if you research the demographics of a local region to advertise in

It’s a profitable niche because:

• You never run out of customers with this one, people always get pregnant.
• Clothing items are easy to ship anywhere as they light and not fragile.
• And let’s be brutally honest, the American public is not getting thinner.

Niche Market Idea #3: Antique  Music Boxes

These collectible items are great because antiques are always in demand, and these are generally small enough to ship with limited cost even though fragile.

They are a hot niche market because:

• You’ll appeal to both collectors and home decorators
• They have a reasonably high eBay success rate
• You can often pick these up very cheaply from flea markets and yard sales, then sell them online to make a profit
• Again, outside of eBay, Kijiji and Craigslist can open up a large list of potential customers.

Niche Market Idea #4: Military Collectibles

Collectibles always make great niches and you can do extra research to find the most popular to sell.
If you want to know what’s really popular at this writing, go for US military insignia from the Vietnam War–very big on eBay right now.

Why military insignia makes an excellent niche:

• It rarely dates or goes out of fashion. In fact, that is why it is a hot niche.
• There are a great many sub-niches to discover, like Japanese war medals or World War II posters.

These niche markets are likely to remain hot because the demand level is generally high, (or at least steady) for these items, yet when compared to ringtones, DVDs or electronics in general, the competition is only moderate to light.

Hot trending niche products are the way to go for new sellers. There are many hot trending niche markets and sub-niche markets out there, and there really is no shortage of opportunities if you’re willing to put in the time to research the market. It does take practice to be come good at spotting hot trending niche markets and capitalizing on them, but no more so than any other valuable skill worth learning. Keep in mine, you didn’t hop on your first bike and win Tour De France.

Online marketing of products is NOT a get-rich-quick scheme, it is a skill that needs to be practiced and honed.

Tags: blog marketing, online trends, sales, trending products

This entry was posted on September 8, 2011 at 9:01 am. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Posted in Web & Blog Marketing by Matt No Comments Yet