Hello.
I would like to validate an idea for a new niche (paid) research tool and would love your feedback.
The idea is a big list of niches with, per niche, relevant info to make content creation easier.
POC of the tool (with only 1 niche for now): https://mynextniche.com
Questions:
I definitely see myself using this but if I am the only one seeing the value I will continue the development differently.
Hi Luke,
This sounds like a great idea; it would be incredibly useful for founders and marketers to create content for their business. I really love how keywords along with the monthly searches are included too, these could be super useful for creating content, tools, etc., surrounding those keywords.
With regards monetization, rather than pay a monthly subscription to the tool for all niches, I would prefer to pay for access to individual niches at a time. So if I'm interested in a particular niche, I would then pay a one-time payment for the report with the niche's relevant keywords, example content suggestions and so forth. But that's just my two cents on it, might be useful to get more feedback first haha. You could also have a subscription model or a one-time payment for individual niches too, as a potential monetization strategy.
Hopefully that helps, I really like this idea, and if you have any questions, be sure to let me know!
Is there a specific niche your work with that I can add to the site?
Thanks I will post updates here!
What do you think a good price range would be for a product like this?
I guess the price range would depend on a variety of factors, but I could see myself paying $25-$30 for an individual niche report that I'm interested in. But then again, would be cool to create a poll perhaps and get a vote on it :D
Great effort Luke! Love the enthusiasm.
Honestly it’s not something that I would pay for too, unless of course if I had a preview of the material. Then possibly i could get a sense of the value in the material come to the realization that it would be a lot of hassle to gather so much in so little time then I might just really pay for it.
for example in the app brilliant it’s not just packaging up little concepts but relaying it out to the world in a much simpler way to be understood by the masses.
Wish you the best of luck Luke!
I have the 'Woodworking' niche available as demo / preview :-)
https://www.mynextniche.com/niches/woodworking
Or do you mean a preview of the specific niche that you are working with?
That's not something I'd personally pay for. At least not for article and topic ideas. With some more important analytics this could change: having CAC data for different niches and different regions, keyword search data, best products in niche with related prices, people and books relevant in the field, a general timeline of the field/niche, other industry statistics, etc.
I feel that ChatGPT has become mainstream enough to have given anyone the idea that any basic idea/title/article generation is just a query away.
Agree! I'm not going to win the competition with ChatGPT :D
I just created the products-overview for the (example) wood-working niche. What do you think? https://www.mynextniche.com/niches/woodworking/products
I see you're progressing fast. I think that I'm not qualified to give you valid feedback.
I like the idea and how you're developing it, but also I'm a little skeptic. My biggest doubt is in the ratio between the cost in resources to acquire the information you're displaying and sustainability of getting payed enough from people searching for any particular niche.
Focusing on niches means there's a lot of niches to work on. Also, in order to acquire the quality of information that someone will be willing to pay for you'll have to spend resources (money and time). You have to acquire the information first, so that you'd have the value people will pay for. But how do you acquire enough in depth information without spreading yourself (and your resources) too thin? Few carefully chosen niches to start from, with some marketing targeted at those?
I have no idea how sustainable this is, but I like the idea of paying for access to information as to some constantly updated book/magazine on the field I'm interested in.
That is a valid concern that I haven’t figured out yet.
I am currently considering an option: ‘get a report in 24 hours’ if your niche isn’t there yet with a small upfront payment.
Neat idea! As someone not from the finance field, your page has much more info than I could find after spending some time on Google. Nice!
Couple of questions/ suggestions:
Thanks! I’ll look into the site you mentioned.
This comment was deleted 4 years ago