A clueless Internet Millionaire?
Why many niche site owners may soon be dominated by competition...
I had a meeting with an owner of a site today that sells a niche product and is currently doing over a million in sales per year. His site has been around for about 8 years and he got into the Internet game early on. He doesn't have much competition, but even niche markets are starting to see an influx of competitors as people realize these untapped markets exist and capitalize on them (why do you think I was meeting with him ;) ). His site has barely changed or evolved in all of this time, and he hasn't really seen the need to evolve because he is doing well and his sales have continued to increase steadily year over year. Could it be so? Could you make a million dollars a year with a site and not know a thing about Internet Marketing?