Wednesday, February 3, 2010

Choosing your niche

Have you already done what I said in the last post First steps ? If not, go ahead and read it!

First things first! A niche is your target market, the people interested in the product you are going to sell. Wikipedia says A niche market is the subset of the market on which a specific product is focusing. So, you can think of a niche being what you are going to sell. For example people interested on how to feed their dogs is a niche, so you go and make a book about how to healthily feed a dog and try to sell this book to them.

So, how do I, as a business man, choose a good niche? Here's how to do it!

Grab a piece of paper and write on that what you are best to, for example hobbies. Why write on a paper? Because, unlike mind, paper never forgets! So off you go, write topics at which you are best at.

Now, after you made a list, think at what topic you are the best, something that you can talk for a long time without getting bored. Because that's basically what you are going to do.

After you chose a couple of topics (niches), go on Google and do a quick search on those. Don't do a search like "computers", because no-one is going to search that, be more exact. For example, you are good at repairing computers, so you search "computer service"->enter. Woaah 1.580.000.000 sites found, that's a lot of competition.
So go to Google AdWords Keyword Tool for more inspiration. Type there "computer service". There you will see how many times that month "computer service" has been searched. Right now, Google tells me 301,000 searches for "computer service" this month. That's a lot of searches! Now don't go on the top most searched keyword because there will definitely be harsh competition. "toshiba computer service" has much less searches, and when you type it in Google, it finds 21 000 000 sites, that's nearly 7 times less websites. That's good news!

Don't get blown away by those huge numbers! That's for computer services, it's a very very popular niche with huge competition. And even if you want to make a computer service, you should definitely start locally. You won't go international from the start.

Anyways, back to affiliate marketing. You should choose a niche at which you are good at, is popular , and where competition isn't too harsh. And even if there is a lot of competition, check their websites. You will surely find something in your mind that they didn't even think about.

Here is a more in-depth research about niches: Great Niche Content

Then, you need to start a website, like this one, in which you should write about your niche and recommend the best products you have used to the people via ClickBank.

1 comment:

  1. Hey…how can you write so well? My children are gaga over your colorful website. My teenage daughter wants to sell her `dance moves’ online and my younger son is recording his rock ‘n roll compositions. Thanks for your idea on making money by posting talents that each one of us have in some form or the other. As per your suggestions, my family as a whole (including hubby dear) have posted what we have to offer on buy doodle online,how can i make money onlinewebsites. I think a `family that blogs together, also stays together’.



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