How To Choose A Profitable Niche
Choosing A Profitable Niche
No wonder It took me a few failed attempts before I really understood the importance of choosing a profitable niche for building successful websites. In my first attempt at websites a few years ago, I chose a niche I thought would be profitable but I had no one to mentor me and I soon ran out of steam. I’m here to help you learn from my mistakes and make sure that doesn’t happen to you too.
Lets Start with one of the big four niche categories…Success, Relationships, Health and Beauty, and Money and Business — then narrow down your selection into a niche within the category. The Websites that draw high traffic and make money which is the objective of a successful online business, are the micro-niched sites that appeal to a specific group of crowed.
For instance, within the Money and Business categories there are a number of niches like, “how to make money from home”, “starting online businesses”, or “passive income from business”, And “how to profit from day trading”, another hot topic is “online jobs for stay-at-home moms” and so on.
Finding a profitable online niche comes first from your passion and knowledge about a certain subject and second from what people are searching for in the internet.
You can Start by making a list of things for which you have a great deal of passion and then order your list into subjects that you can write about at ease. Once you’ve done , you must determine how great the demand is for the niches you are tackling. The greater the demand, measured in number of monthly searches, the greater the potential is for your success.
To learn how to measure demand look at the market niches in big name retailers like, Ask.com, Amazon, Google AdSense, e-bay and so on. Each of these industry giants sell in multiple niches. All you need to do is look at the books, products and categories and then select your money-making topic or (niche).
The reason behind narrowing your niche is simple. if you don’t you will get swallowed up in the giant sea of competition.
For example, lets say that you know a lot about kids. You could choose child care as your niche but you would be much better off to choose a narrower niche like “raising teenage boys on a budget” or go even more narrow with “affordable shoe for teenage girls”.
Maybe you love gardens in general. You can Narrow your niche down to “organic gardening”. And If you love decorating, you also can narrow your niche down to “beautiful bathrooms” or “elegant tablescapes”. Got it?
Hope this was of a great help, for further assistance please feel free to write me using the comment box below- visit the home page to learn more on how to master the online world.