How to Choose a Niche and Make Money?

October 23, 2014 4 Comments

find a niche

Choosing a niche is an important part of your online business strategy because it’s going to determine your success or failure. A niche is a certain part of a market.

When you choose a niche you should choose one that you have interest in, and that you will want to write a lot about.

The most important part of it is to understand that niche sites are less profitable than authority sites.

Niche sites are focused on a certain product, while authority sites cover a wide range of products within a field. When you choose a niche keep in mind that you are going to:

Write content about it continuously

Find products related to your niche and promote them to your audience

Communicate with your audience and help them with different issues, i.e. become an authority in your niche

So, whatever niche you choose you should do all these tasks because that is the key of your success.

 

There is no too competitive niche

Some people when choosing a niche think that there is too much competition in it. This is a big mistake because no matter what niche you choose. There is always place for you on the market to become a successful internet marketer.

There is no too competitive niche. People that search for a specific product on Google or other search engines choose a different combination of keyword phrases for that product.

That is why there are always many keywords you can rank under for specific product. What you need is to find the right keyword tool and the best one on the market is Jaaxy.

This tool will help you find low competition keywords and thus you’ll have an advantage over all your competitors. Remember, finding low competition keywords is the key to your success because you can’t compete with authority websites for competitive keywords.

 

A more detailed look

Let’s dig deep. If you choose a food as your niche, it is too broad. You have to be more specific because people do not search for food on the internet. They search specific type of food. If you are specific when writing content for your website then all your visitors coming from search engines will be targeted.

And if you are not specific then you can have a huge traffic from search engines and no sales because those are untargeted visitors.

There are millions of people looking for different types of products online every day and that is why whatever niche you choose you can always turn it into a good source of income if you work on your website and fill it with fresh information on a daily or weekly basis.

If you choose weight loss as you niche, there are different niches within this category, such as:

  • Lose weight for men
  • Lose weight for women
  • Weight loss exercises for men
  • Weight loss exercises for women

etc.

People searching for any of these terms are actually searching for the information on how to lose weight and some of them may turn from a visitor into a customer if you offer them a product they need.

Or you can choose a niche related to computer protection, such as:

  • Antivirus software
  • Website protection
  • Network security

etc.

Or a niche related to products, such as

  • Xbox 360 games
  • Xbox one games
  • PS 3 games
  • PS4 games
  • Ps 4 console
  • Xbox one console
  • Or beauty & health niche, such as
  • Hair loss, etc.

When you choose a product to promote within your niche try to find one that pays high commissions, something around 25 or 50% and the price of the product shouldn’t be less than $25.

If a product you promote is cheap then you’ll need to bring tons of traffic to your website to be able to make serious money. But sometimes a good selling cheap item can make you more money than a high ticket item that has poor sales.

 

How to become successful in any niche

Another problem you can face when choosing a niche, is how to write a lot, about products you don’t know. The answer is that you should do a lot of research within your niche which is going to be a bit time consuming but crucial for your website success.

If you do enough research within your niche and become and authority over time you will be able to turn your business into a serious source of income.

niche

If you don’t know what niche to choose then you should think well about it. Remember, it is not just about choosing a niche; it is about becoming an authority in that niche. If making money is your only motivator then you will face a big problem writing content for your website.

Try to choose a niche you feel you have interest in and love to write about because this is going to be your business for years.

Finding a niche takes some time because you need to do some research. You can make real money in any niche if you do things the right way and get trained in the right program. People literally buy anything on the internet, and the only thing you are required to do, is to make your product, i.e. website visible to your audience.

Using different keywords to rank under and writing a lot of content is the key to getting a lot of traffic. And when you write your content try to be specific within your niche and avoid using words like “free”. The reason is that most people looking for free stuff are not real buyers.

As I said above, competition shouldn’t distract your attention from working on your website. Of course, some of your competitors would always be one step ahead of you, because they started long before you, and some have already become an authority in their niches.

The only thing you can do is just to spy on your competitors to know reasons why they outrank you in search engines.

It might be due to much content on their sites, a lot of backlinks from quality sites within their niche (though this issue is not so critical but still adds value to your site), high traffic etc.

This kind of analysis can help you improve your site, and also find it’s weak points but this doesn’t mean that you should copy their steps.

You can use this information as a generator of new ideas and apply them to your site. Remember that the key is in researching your niche and try to be different from others. Once you find a niche you have interest in you need to get some skills to be able to start your online business on the right foot.

I can recommend you to create free starter account at WA and go through 10 lessons to understand the basics of Internet marketing. Actually it is the best place on the entire web to get trained in internet marketing and start building a real business online.

I can honestly recommend this place to save you from wasting your precious time and money on numerous scams. If you have any questions feel free to contact me or leave your comments and I will be more than happy to help you out.

 

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About the Author:

My name is Adam. I'm the founder of Your Income Advisor. My goal is to help others succeed online, by exposing scams and reviewing top rated products. I can help you start your own business online

Comments (4)

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  1. Dave says:

    Hey rufat,

    I’m happy I found this post just in time. I was thinking of building a site that is based out of my passion, but the problem is that I feel it’s too saturated.

    I then thought of getting the trending niche and work with it since it would give a much quicker success than the former.

    But the thing is that, I know nothing about the trending niche I chose and I feel overwhelmed by all the things it needs to make a success.

    What do you think I should do?

    • Rufat says:

      I don’t think a niche can be too saturated. If you can create a high quality content it means you can get some good positions in search engines and become an authority in your niche. It’s always better to choose a niche you are passionate about. If you feel passionate about your niche and have zero knowledge that’s not a problem. You can get enough knowledge by browsing other sites related to your niche. Yes, it will take time and effort but results are well worth the time you spend in this.

  2. Dan says:

    Hi Rufat, what an excellent site you have!

    It sounds like you have a great deal of experience in this domain, and this is evident in the quality of your writing.

    I too set up my affiliate site using Wealthy Affiliate, and I agree that their services are excellent.

    However, I must say trying to become consistently successful online is very difficult and a lot of hard work is required.

    I have had some success making money online in the past, and is something I enjoy writing about, so I have decided to stick with this niche.

    However, this niche is a very competitive and I really struggle to get visitors to my site.

    I guess it is just a matter of persistence and education.

    Dan.

    • Rufat says:

      Hi Dan, I agree that finding a niche, low competition keywords, doing some research before creating content and finally creating it on a consistent basis is a long process and takes time, effort and tons of patience. Plus, you are going to get comments and you need to reply to all the comments in a timely manner. But you have to remember that you are in the business of making money and helping folks do the same and that’s why you can expect quick results. You need to build a foundation of your business, for a business that will work for you for years to come. You need to be an authority in your niche or even if you can’t become an authority you need to provide some value so that people may have a reason to visit your website. I understand you regarding struggling and in fact, I’m struggling too in my money making niche. Competition is very high and whatever I write I find the same stuff on other established sites which makes outranking them close to impossible. My traffic is growing but very slowly. But at the moment I’m happy with results I have and believe over time my business will improve.

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