I love experimenting and bringing in new income! So I’ve decided to create a new niche service. If you want to follow my progress sign up here (you’ll also get 40 niche service ideas you can start today)!
Step 1: Brainstorming Niche Ideas (And My Thought Process)
The first step is to think about what I can do that will fill a need, help my market, bring in cash, and will not be crazy time consuming. Finding a nice balance between a need and non time consuming task is key for me. The simpler the better! However, there is always outsourcing if the service gets to be a little much.
The best way to brainstorm is to think about what you are doing right now. Think about what you do and how you do it. Is there something you do repetitively that others need to do too? Knowing who you are serving is important to know as well. Here are some questions I’m asking myself:
- What type work do I do day in and day out?
- What do you teach?
- What do I love doing that others hate doing
- What am I really fast and good at?
- What have I done in the past?
- I also like to think ahead. What could I provide that might generate recurring revenue?
- Who would the service be for?
Any services I create will be for solopreneurs – those who are in business for themselves and are looking for help.
Let’s see I love setting up sales funnels, systems, creating lead magnets, creating content (I run PLRalacarte.com), building my list with Facebook Ads…
The first thing that comes to mind is to set up a new PLR membership site (specific content delivered every month). Since I’ve successfully done that before I want to do something completely new for this experiment.
One thing I could do is provide a lead magnet service using LeadPages. I could offer to set up a squeeze page and thank you page up to 2-3 per month. One time set up fee and then a low monthly fee to maintain it. It would cost less than buying LeadPages yourself and you don’t have to worry when it comes to getting a freebie offer – just let me know and I’ll set it up for you. That would be helpful for those who can’t stand setting up the front part of the sales funnel. I could even add on services in the future plus recurring income.
Another idea I like is offering a Lead Magnet service. I’ll create your freebie offer for you. I’ve had some really good success with several freebie offers.
Finding Out If There Is Demand
I like both ideas. It saves people time and will help them in their business.But first I need to do a little digging to see if people want a service like this. In order to be successful with your niche service you must have demand.
I really don’t care to ask people because I’ve learned that people say one thing and usually do another. I almost feel at this point the best thing to do is to create the sales page and start promoting it to see if I get any buyers lol.
I actually might just do that. In my next post I’ll reveal what happens! Stay tuned…
In the meantime, are you going to set up your own niche service? Brainstorm with me in the comments below!