Archive for August, 2010

Anybody Want Some Steak? (A New Niche Every Day)

Posted in Internet Marketing on August 7th, 2010 by admin – 8 Comments Tags: ,

I swear, it seems like every day I stumble upon a new niche on Amazon that I never knew about it before. This one is crazy.

Guess what the niche is? I’ll give you a hint. It’s in the food niche…

STEAK

Online freakin’ steaks. Who would have thought???

I found this little gem on Amazon today:

http://www.amazon.com/Omaha-Steaks-The-Tenderness-Team/dp/B0017141HY/ref=sr_1_15?ie=UTF8&s=grocery&qid=1281202830&sr=8-15

(no affiliate link)

At a price of $250, you’re looking at about $15-$20 per sale. Good money in such a random niche.

Apparently what they do is when you order it through Amazon, they freeze it up, pack it with dry ice and overnight it to you. I honestly never thought that a niche like this would be viable over the internet.

There’s even people actively searching for this product!

Curiosity got to me, so I had to run some keywords through Google to see if people are actively searching for this kind of product.

Sure enough:

  • buy steaks - 6,600 searches per month
  • buy steak online - 1,000 searches per month
  • buy steaks online - 2,900 searches per month
  • buy steak - 9,000 searches per month
  • steak online 8,1000 searches per month
  • steaks delivered - 1,300 searches per month
  • order steaks - 5,4000 searches per month
  • steak shop - 14,000 searches per month
  • premium steaks - 1,900 searches per month
  • online steaks - 12,000 searches per month
  • buy beef - 33,000 searches per month
  • gourmet steak - 14,000 searches per month

And the list goes on. I only did a primary scan of keywords, so there is most likely a good number of additional keywords out there.

Look at the above search volume. Do you realize that if you were to make a site that specializes in online steak, you could easily have a 4, if not 5 figure per month website?

Let’s say overall there’s about 100,000 searches per month for online steak. If at position number 1 for all of these terms, you’ll get roughly 30,000 visitors per month.

Out of those 30,000 visitors every month, you can convert a meer 1% of them. Let’s also pretend the average sale is at $125. At 6.5% commission, you’d make about $2,500/m from steaks.

Now imagine if you had a conversion rate of 4%(which isn’t much of a stretch because of how targeted the above keywords are). That would be $10,000 PER MONTH off online steaks! And that’s as a lowly affiliate! Imagine what the product creators are making.

Yes people! Online freakin’ steaks!

Personally, I would be bored to death if I made a site about steaks - but if that happens to be your passion, go for it!

What I’m trying to point out here is that the possibilities online are endless. I’ve spent a crazy amount of time browsing through the Amazon store front and today I find this brand new niche I never saw before.

Search, and ye shall find!

Over and out,

Dan Brock