Choosing the Right Online Market
Yesterday I went out with one of my good friends for dinner. We discussed possibilities for creating additional revenue streams. My friend is already doing well with one of his side businesses. He's known as "The Gumball King!" The King wants to expand his empire with other business ideas. As always I pushed my online agenda. One thing I mentioned was that he needs to choose the right market before expanding his ambitions.
Ken McCarthy, an online marketing guru, makes an excellent point when it comes to choosing the right market. Success for many online businesses comes down to one simple thing. Are you choosing the right market? Mr. McCarthy stresses that the right market should also be an easy market.
Ken McCarthy's list for an easy market:
- Easy to reach
- They have a burning desire for what you have to offer
- Based on past behavior a willingness to spend money on what you have to offer
If your online market exemplifies the above characteristics you should be in for a much easier journey. Too many people fail the day they start their online business because they choose the wrong market.
The most immediate example I can think of is the fast food industry. Millions of dollars have been spent to ensure my brain associates fast food with McDonald's. Yes, there are a number of other companies. But unless you have very deep pockets, it is going to be very difficult to compete with all the fast food chains that are already established.
Are you in an easy market?
Additional Resources:
- Ken McCarthy's Blog
- Are You Targeting Search Keywords?
- Missed Opportunity and Online Strategy
- Web Centric Marketing


Thomas Edison’s methodology falls directly inline with some of the core internet success fundamentals. Try as many times as it takes until you achieve your online goal. If you don’t succeed analyze the failure and try it another way. Most people respond with “I won’t waste my time trying to figure this out” or the classic, “I don’t have the time.” Those simple statements separate the successful people from the unsuccessful online and elsewhere.
One particular color to watch out for is red. It deviates from the standards. My understanding is the color red is difficult for the human eye to detect because of the particular spectrum of light. This is compounds the challenges of reading online. Make sure you don't use red colored fonts on dark backgrounds. Recently we had a client insist on red fonts on a dark background. In my professional opinion, they made a poor decision to use red text and it dilutes the quality of their site. It doesn't look good and is very difficult to read.

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