Comments on: High Paying Niche Experiment – Update #5

By: Gloria

Gloria — Sun, 10 Aug 2008 07:11:23 +0000

A bit of a ramble here, but here goes. . .

Big ticket items will let you sell fewer items for more money. . .but at the same time, there are fewer buyers with big money than buyers with some money. So it seems better to have at least two markets to work with: the middle income online buyers and the big spender online buyers. True or false?

I think Guru Bob also makes a valid point. Sometimes when at first you don’t succeed, try again with a better plan.

I admire your inclination to experiment.

By: Guru Bob

Guru Bob — Tue, 11 Mar 2008 00:11:02 +0000

Caroline,

I am sorry you did not continue with this experiment. The premise is excellent only perhaps the vehicle is flawed.

Perhaps when you have a more certain method for acquiring/generating targeted traffic you could return to this project?

Guru Bob

By: Colin

Colin — Wed, 20 Feb 2008 16:40:07 +0000

I think you were optimistic about how much you would have learned from the experiment anyway. Sales data is always hard to interpret especially from low numbers. Colin's last blog post..Why you should avoid SLS and SLES

By: George

George — Fri, 09 Nov 2007 05:37:37 +0000

Great blog you have. Sorry this experiment didn’t work out. Maybe you can launch another high priced product some time in the future and it will work out.

Hope your quest to make a living online succeeds soon.

By: Josh

Josh — Wed, 07 Nov 2007 06:53:46 +0000

I believe I am a little late, but very interesting none the less. :) Thanks for the good read.

By: Caroline Middlebrook

Caroline Middlebrook — Fri, 19 Oct 2007 08:53:25 +0000

@DayJobNuker, Absolutely! But there are several key differences. First of all, I love what I am doing, I am realyl enjoying myself whereas I was miserable in my day job. Secondly I’m learning a LOT and thirdly, all this stuff I am learning will eventually allow myself to build businesses that can run on auto-pilot and when that happens I won’t have to work as much. But that does not happen overnight.

By: DayJobNuker

DayJobNuker — Fri, 19 Oct 2007 02:51:17 +0000

I bet you are working now harder than when you had your job. Doesn’t seem right.

By: Caroline Middlebrook

Caroline Middlebrook — Wed, 17 Oct 2007 09:08:48 +0000

@Gaida, Yes each day I try and take some time out to clarify exactly what I am trying to achieve, and pinpoint those actions that will get me closer to that so that I don’t become too overwhelmed with all the information that is coming at me.

By: Gaida

Gaida — Tue, 16 Oct 2007 20:25:01 +0000

Hi Caroline,

Congratulations on quitting your job! It’s easy to become overwhelmed especially trying to do too many things at once. Receiving too many emails are also time consuming but can add to information overload.

Take a breath & focus on finishing one project at a time … otherwise you have nothing finished.

I read an interesting report the other day about the difference between ‘Busy’ and ‘ACTION’.

ACTION gets results and…. remember…
�Stay Clear On Your Goals and Strive Towards Them Consistently!�

By: Caroline Middlebrook

Caroline Middlebrook — Mon, 15 Oct 2007 13:57:07 +0000

@Genesis, yes my thoughts exactly.

@Emma, I’ll be continuing with at least one of these niches. I already did a lot of research for all of them and there are lots of people making money with them.

By: Emma Middlebrook

Emma Middlebrook — Mon, 15 Oct 2007 13:23:32 +0000

Caroline,

This is an experiment after all and it just wouldn’t be real life if we didn’t all fail in one way or another first. This isn’t a total failure, the experiment hasn’t worked out as planned, but maybe by giving each niche your 100% attention (or whatever you decide to give it) – you may start to see better results. You just need to decide which one of the 3 should be the first contender :).

Do you plan to continue with the 3 niches that you had in the experiment, but just at a later date or have you already decided that the niches just aren’t in the paying market?

By: Link Love and Guess Post on Warrior Blog : Warrior Blog dot Net

Link Love and Guess Post on Warrior Blog : Warrior Blog dot Net — Mon, 15 Oct 2007 01:35:52 +0000

[...] Caroline Middlebrook is very honest and she share her experience with you on her quest to make money online. [...]

By: Genesis

Genesis — Mon, 15 Oct 2007 00:21:43 +0000

I think that you made a good decision. After all, it is better to do one thing well (and make sales!) than to do many things poorly. So, don�t feel too bad!