I have been a niche hunter for a while and have had some success. One of the biggest mistakes new affiliates and marketers make is going after the biggest markets on the internet. Sounds right doesn't it? The bigger the market the more income potential. Those money making websites and forex rockets to the moon are quite attractive. The reality is that unless your website has authority from age and backlinks from top domains you will be lucky to rank #1 in Google for a 5 word longtail phrase. Do people search for old news or new news? Do people search for old products or new products? Is it better to market old products or new products? If you can be the first to write about a product you have "cornered the market". Happy hunting!
What about attacking complimentary markets? For example, acne is a huge market. But you could alternatively make money on pimples, zits, and any other skin blemish.
Long tail in competitive markets is better than dominating a niche where there are few buyers. - Dean
I agree to a point - it depends entirely on your ability to capitalize, and your intentions. I say doing a combination of both throughout your portfolio will produce great overall results.
Its a good point. Do you hunt with the big dogs or simply pick off some smaller targets? Doing both will yield a healthy well rounded business.
There are still thousands of untapped niches out there but it means nothing if you don't know how to exploit it, or market on the web.
True, I like to promote niches/markets that are new and have alot of potential and great profit margins. As a SEO professional I do not have to be selective. I use what I call a blanket marketing technique and narrow my focus on the products that sell. The bottom line is all that matters.