If you want to start a blog and want to earn money from it, try to choose a profitable niche. Whether its affiliate marketing or blogging, Niche selection is a must. Choosing a profitable niche for your blog will increase the possibility of earning money is better than the others.
Now you might ask, what is a niche? I will answer it with an example. If we talk about Sports and outdoor, then it would a category. But if we talk about Cricket, then it is a niche.
Cricket is a niche but is it called a single niche. If you are a blogger It is OK to go for a single niche. But if you want to work on the Amazon Affiliate Program it’s better to work on multi-niche. Multi niche is basically a combination of some single niche like Summer sports might be a multi-niche. Here, you can sell any kind of product that is related to summer sports.
Here, I will give you some tips to find a suitable niche for your blog. what things you should keep in mind, what to do and not do, etc.
Tips For Choosing A Niche
This is actually the most important part. I can not explain the importance of words because this is the only thing on which it depends whether your website will rank or not. If you choose the wrong niche, everything will be in vain. When you are going to choose a niche you have to keep in mind that there are three kinds of niches available.
- High Competitive Niche
- Medium Competitive Niche
- Low Competitive Niche
High Competitive Niche
It is the most competitive niche in the market. I mean to say that everybody is looking towards it and you will find lots of information and website are available in this niche. Say for example a laptop niche. If you search with the keyword laptop, you will find thousands of websites that have reviewed and on this topic.
If you are new and don’t have enough money to invest, I would recommend you to avoid them. Because you have to invest lots of money to compete with them and rank your website. If you already started working on a highly competitive niche site as a beginner, it is better to sell it and start according to the guidelines given in this article.
Medium Competitive Niche
These niches are dominated by medium-high level marketers. If you are a newbie, it is advised not to go for it as well. Because it actually needs lots of hard work and upfront investment. As a newbie, if you don’t have enough knowledge, you will not be able to utilize the money properly. Besides, if you search with your mid-range keyword see some popular websites on the top page of Google, it will be impossible to compete with them as a beginner.
Low Competitive Niche
This would be the best choice for a newbie. Everybody likes low competitive niches because you can rank them easily. But you have to be careful because the number of low competitive niches are fixed. Make sure you have done proper research while choosing a low competitive niche for your project.
If you ask me why the big marketers do not look for these niches, my answer would be very simple. I personally think there might be two reasons for that. First of all, they are not explored by them yet or else the amount of revenue will not be sufficient for their time and effort. Say for example if you are a millionaire and $1000 might be nothing for you. But if you have nothing and you are earning $1000 a month, you can maintain a good life.
So, if you can do proper planning and implementation with a low competitive niche, you can easily rank your website and earn money from it.
While you are choosing a niche for your website, make sure to keep in mind the following things.
- It is easy to rank your website with a suitable niche.
- You will earn a decent amount of incentives.
- Each and every niche has a huge amount of product categories and subcategories for your websites.
- Don’t choose any trendy products as your niche. As soon as the trend falls down, you will not be able to earn any more.
- Don’t try to choose any seasonal product niche. So, the sales will be on that particular season.
- The most important part of choosing a niche is your interest in that particular niche or category. If you are not interested, you won’t be able to promote it properly.
Final Verdict
Finally, I would say that if you are a newbie and want to start a blog, then niche selection is something that you never think carelessly. It is the most important thing and the future of your blog is actually depends on it. I personally recommend you to choose a niche in which you are passionate and interested in. It will help you to grow your website and soon it will be a brand.