Those top internet marketers worth their salt know the importance of having a niche. The word niche is defined as an unmet, under-served or overlooked need of a specific group of people. You got to know that the internet is a very competitive market and as a newbie’s you have very limited resources, finding a niche is essential. In fact, it could make the difference between your success, survival or failure.
Many money-making ideas on the internet come and go, but starting a niche website is still one of the most effective ways out there to earn money.
Ideas For Getting Into Niche Home Businesses
So, a niche is simply a category and all you have to do is look around you for examples of niche websites.
Example of niches includes:
- Weight Loss
- Work from Home
- Cooking
- How to Find a Mate
- Cats
A sub-niche is breaking down your niche into an even more
specific focus. This can be helpful if you wish to identify a group of
buyers who will be likely to buy what you have to sell. This is important,
since although the sub-niche may attract a smaller amount of prospects,
they will be more targeted prospects, which means they will be more willing
to buy from you.
Based on the above, which
niche should you conquer. Here are some examples of sub-niches which
you can consider:
- Sub-niche of the category "weight loss" might be "Weight loss for people with metabolic disorders"
- Sub-niche of the category "work from home" might be "Internet marketing online for Home Mum"
- Sub-niche of the category "cooking" might be "Cooking recipes for diabetic health"
- Sub-niche of the category "How to find a mate" might be "Online dating for the Fourties"
- Sub-niche of the category "cats" would be "How to care for your Manx cat"
Making Money From Your Niche
So, you've chosen your niche. How do you translate this into making money?
There are several things you can do.
You can start an email list and build a list of subscribers. Arm with your list of niche subscribers, you can then join an affiliate and sell other people's products to your subscribers and earn a percentage of the sales. As you progress, you can write your own ebook and be a niche expert, this ebook is your own product and you can sell it to your niche subscribers and keep 100% of the profits.
Do your homework and the sky's the limit. Just remember to offer useful content and keep it related to the niche you've chosen.
