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A Lucrative "No Competition" Niche
Sorry I've been away for so long. I missed you all on Sowpub.
To make up for my absence, I'm going to hand to you on a golden platter the details of an extremely lucrative niche.
I apologize in advance for the length of this post, but I want it to be as detailed as possible so you can start making money as soon as possible.
Inside this post I'm going to show you how to tap into a lucrative market with hardly any competition. I'll also show you how to quickly and easily create products for it.
For the past two plus years, I've been busy working the deaf/hard of hearing niche market.
Did you know that there are approximately 28 million Americans who are deaf? Twenty eight million just in the US alone! There are untold millions upon millions of people the world over who have this unfortunate disability.
Consider this fact:
The internet has been transformed from static pages, to multimedia.
Everywhere you turn there's some type of video on a website. In addition to Youtube, there are now hundreds of social networking sites, with more springing up every day.
They ALL have video!
Unfortunately, most of these social sites (with the exception of Youtube...they're to be applauded) do not cater to the deaf.
Deaf people have been virtually shut out of the online video revolution. The thing is...these handicapped individuals are aching, hungry, thirsty, almost begging for an entry into your world of video.
I have been busy creating captions of videos, and selling them to deaf people. I want you to also grab a piece of this humongous and extremely lucrative market.
You'll be supplying captioned (subtitled?) videos to deaf, hard of hearing people, and also to individuals who are "English Challenged."
Here's what to do:
1. First get your tools. You need the following FREE tools to download, transcribe, and caption videos.
a.) Sothink Web Video Downloader for Firefox. I simply LOVE this program. It'll grab 99% of everything out there. I also use as a backup, NetVideoHunter. This baby will scoop up any kind of video from any kind of site.
b.) I like to use Express Scribe. It is an excellent video player and transcription software, and the good news is...it is totally free. I play the video in slow motion so I can type out the words, then in no time flat I have a transcription of the vid.
c.) After trying a large number of subtitling solutions, I've settled on Subtitle Horse to do all my captioning. It's free. (Don't you love that word?)
I used to do all the downloading, transcribing, and captioning all by myself. I felt that I needed to learn how to use these software programs (they're easy to learn). But now I use odesk.com to find cheap labour. Would you believe that I pay between $1.11 and $1.63 an hour for someone to do it all for me?
That's right. You heard me correctly...I pay $1.11 per hour to workers from India and the Philippines to churn out my captioned videos.
Anyways, it's important that you first see what's hot before downloading, transcribing, and captioning your videos. You can look at all the various sub niches and supply captioned videos to a wide variety of people out there.
Just as there are a wide variety of videos on Youtube to serve a wide variety of tastes, you'll have no problem in deciding what's best for
you to serve a deaf sub niche.
I chose the news market. Deaf people are willing to pay for news about the death of Michael Jackson, and other big news stories. As I type this, a vomiting volcano is playing havoc with air travelers. This is a great news reporting captioned video item to sell to deaf people.
I get all my news videos from CNN, Fox News, MSNBC, CBS, ABC, etc. These videos clips are only 2-3 minutes in length.
Create a membership site where people are willing to pay a small fee for captioned video clips. The membership must have silver, gold, and platinum levels.
Use these guys. They have a good product at a reasonable price. I have no affiliation with them:
Use Silver for short news vids of about 1-3 minutes consisting of ordinary news stories. I like to scan CNN and MSNBC for the "weird" news. You know the kind I mean: Man bites dog. There's actually a section over at MSNBC and CNN devoted to those types of DAILY stories.
Gold is for longer in-depth news stories such as 60 Minutes and other type of in-depth coverage.
Platinum is for movies and documentaries.
It's easy to get members. Get active on the deaf forums and the social networking sites.
Because there is virtually no competition (in all the time I've been doing this, I've only come across one video sharing site that is dedicated to the deaf. This site has deaf people sharing in sign language.), you'll clean up.
One of the reasons I'm sharing this with you is because this forum gave me my start.
When I first began my Internet marketing career, I read everything on this and Tony Blake's forum to learn all about IM. It's now time to give back.
I have much more details on creating a great income from the deaf niche, but this post is long enough.
If you have questions, please don't hesitate to post them here. I'll be happy to answer.
God loves you.