Which are the most profitable niches?
Posted on | June 18, 2008 | 4 Comments
We have seen it before, we have read about and thousands of times and the question keeps popping up. Lets face it, is very hard to come up with ideas to write content if you really don’t like what you are writing about. This little fact can get your efforts a little closer to failure. Sure you can create a successful web site but I can almost guarantee it will be more troublesome. Losing the fun factor in activities is one of the main reasons why people quit doing what they do. In this post I will change the question a little to: Which is the most profitable niche for you? Here are some tips to help choose the most profitable niche for you.
Make a list
Grab something to write with and a piece of paper and make a list of topics you like. This includes activities, interests, stuff you would like to: learn, (learning something you always wanted is a rewarding experience), read, write, talk, dream and even complaint about. Try to make a nice list you don’t have to finish it the same day. Keep your list handy for a few days. Daily activities can remind you of overlooked niche ideas.
Prioritize
If you kept you list for a few days your list is bound to be extensive if not, have at least fifteen or more topics. Shorten your niche list by picking your top favorite topics. Do not discard your remaining topics as possible profitable niches .
Search for affiliate programs
Use search engines to find affiliate programs related to your top five picks. Do careful researching and make a check mark on topics that you can find related affiliate programs for. Make an additional check mark if the topic with the most affiliate programs. Having options is really important, especially if one of the programs in not performing as expected.
Make keyword research
Use keyword research tools like Google’s AdWords Keyword Suggestion Tool (remember to login) to get a general idea on how much people are paying for clicks related to your niche. Again mark the topic with the highest paying keywords. This step can help you get a glimpse of how AdSense and other similar programs would pay for any clicks you get from visitors. Note: Prices on keywords displayed in these tools are not what you earn from them but how much advertisers are bidding from them. As an affiliate you earn a percentage from Google’s earnings on clicks.
Determine traffic
Analyzing search engine queries for your niches is very important. The more search engine queries the more potential traffic to your web site you can use Word Tracker’s free keyword tool to help you decide if a niche has potential or not. Write a general keyword usually the main topic and mark in your list the one with highest total search results but this time with two check marks.
Choose your niche
Count check marks for each niche and determine which is the best niche or you. Don’t discard the top five list keep it in consideration when making other sites. You can repeat the process with the remaining niches from your first list. Don’t be surprised to find a profitable niches in these.
I hope this little method can help a little making decisions. Any suggestions, comments and personal experiences?
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4 Responses to “Which are the most profitable niches?”
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November 20th, 2008 @ 8:00 am
Wow. You make it sound so easy. I’ve been thinking about affiliate marketing for about 6 months now but can’t decide on a niche that will keep my interest and make me a bit of extra cash. You’ve inspired me to do some more research though.
thanks. Izzy.
February 20th, 2009 @ 11:39 am
Yep. It’s not so easy. I’m trying to find good niche for about 3 months and nothing good occurred.
August 20th, 2009 @ 12:58 am
A profitable niche will be a niche where there are enough demands and yet not very competitive. There are some software and tools that help to uncover niches that are highly profitable. You can try google it or find one here. http://www.beginner-internet-business.co…
December 1st, 2009 @ 10:02 am
These statements are very true. It takes a bit of work but in the long run it will be profitable.