Picking the most profitable niche is easy - if you stick with what you already know!
One of the top most frequently asked questions for online marketers and bloggers is "how do I pick the best niche for my web site or blog (or BANS niche store, or mashup, or Squidoo lens, etc.)". I hear this OVER, and over and over again. Usually the comments that follow are all kinds of ways to
pick the hottest keywords. There are all kinds of lists you can buy, eBooks you can get, software to purchase, or "guru" programs to follow - but I'm telling you that the most profitable niche is easily
found not in these things - but IN YOU! Don't think at this point that this will be one of those fluff motivational posts, because I will show you directly how I have used this techniques in the past week to create what may become the most profitable web site I've launched to date.
Quit reading all the hype, all the garbage, and non-sense because they don't know what you know. What I'm saying is - you are already good at something, and you can make more money at that than any "hot keyword" on the market. And that's because of two things - sacrifice, and passion.
You're not going to have nearly the passion for say, the latest LCD TV as you would Golden Retrievers (if you breed them). You wouldn't sacrifice nearly as many hours working on a web site for say Air Purifiers if you loved to purchase and smoke the best Cuban cigars.
Sacrifice and Passion are characteristics that you normally don't see or use that often, unless you're in love for the first time or having your first child. With sacrifice and passion you'll work harder, longer, and be more innovative than for regular tasks. Think about this for a second. What things in life
interest you the most? You surely have some hobbies, or skills, or traits that interest you outside of work. Do you like baseball? Do you love to cook? Do you love animals? Trade stocks? Go hunting? Like guns? Gardening? Work out or run excessively? Collect figurines? Obsessed with Sesame Street? Teach homeschool? Love to remodel? Go garage saleing or clip coupons a lot?
I once saw a woman who had collected over 2,000 Precious moments figurines and had them displayed on over 200 custom shelves and lighted cabinets in her home. I knew a guy who spent two years translating and comparing the entire bible from the original Hebrew text into English to compare to King James Bible. Obsession. Sacrifice. Passion. Compulsion. It's these things that drive us to "go the extra mile" for things that we already love to do.
Why on god's green earth would you want to create a dozen web sites about plasma tv's, digital cameras, ipods, and laptops if your day job was an insurance salesman and your hobby was collecting coins? See what I'm getting at?
The Most Profitable Niche is the One that YOU can IMMERSE yourself in!
In the beginning of my Internet money making journey I made the mistake of buying dozens of domain names based on "hot keywords" like Myspace, ringtones, song lyrics, ipods, and the like. I
could have setup a bunch of cookie cutter web sites with minimal content hoping to convert some sales - ever worrying about getting a Google penalty and constantly trying to send traffic to them and build links for them. It occurred to me that this model is BACKWARDS. At good site ATTRACTS visitors, and you should constantly be coming up with ways and schemes to get traffic.
Now, having said that it's true that not absolutely everything can be monetized like a digital camera. But there are ways...
How can you profit from using your knowledge to "solve a problem"?
My advice to you is to take your knowledge and build a blog or niche site and provides knowledge or solves a problem or provides a service you can really get behind. Flesh out how to do this on paper and build from there. The most profitable project you create won't end up being a niche store selling laptops. It will be something very near and dear to your heart.
No comments:
Post a Comment