Being one of the first marketers to jump on a hot niche market can mean a lot of money to you online. Also, being able to choose a good one can make the difference between success or failure. Since finding a good niche market is so important to your online business I have put together this list of 7 places you must have in your toolbox when looking for a market to tap into.

You may already know about some of these, but I am sure there are a few you hadn’t heard about yet.

1. Yahoo! Buzz – Shows you the top stories and the top stories for each week. You can also browse different niches like Health, Business, Entertainment, etc. to find the hottest stories for that week.

2. About.com - Be A Guide Section – You may be wondering why I would include this on here. About.com is a huge content rich informational website with experts which are also known as guides being the ones providing the content. Well, About.com is always looking for new guides and new hot topics to expand into, so a good way to find some potentially hot niches is to look at the categories they are seeking guides for. That means that their researches have found these to be hot topics, so they are looking to hire someone to write about this topic.

3. Search.com - Top Searches – It offers a list of the 250 top search terms. Browse through this list and you may come across a hot niche.

4. Amazon.com Bestsellers – This place offers you more than just book bestsellers, but it shows you their top sellers for each category that you select from the left hand side. This can give you an excellent idea for a new niche website to create. You can’t go wrong with data reported from a giant like Amazon.com

5. Google Hot Trends – Shows the top 100 hottest searches. It updates every few minutes so check this website often, so you can be on top of a big news break.

6. PriceGrabber.com Most Popular – Check out the most popular products purchased from PriceGrabber.com.

7. Popular Delicious Bookmarks – Find the most recent and popular bookmarks. If a lot of people bookmark it, than it is a good indicator that niche is a good one to go after.

Once you use these sources to find a potential niche market, it is good to use the Google Adwords Keyword Tool to find additional keywords in that niche, and to narrow down on possible additional search phrases as well. Keep in mind that if you are on a brand new and really hot niche there may be very little from keyword research tools. To learn more about using this tool read my post about using Google’s free keyword research tool.

Filed under: Niche Marketing, Make Money Online Methods