Get rich quick schemes are just that… schemes. You can’t expect to start earning tens of thousands of dollars within a couple of weeks by simply buying an e-book that a lot of self-proclaimed Internet marketing “gurus” say will earn you a fortune overnight. Earning your place on the Internet takes time and effort because there are no shortcuts to success, and if you want to make it big online, you have to be willing to go through the hardships until you discover your very own gold mine.
One of the best moneymaking methods used by many successful individuals is niche marketing, and when you have discovered the perfect topic then you can build a website around it that will either directly sell products/services, or promote them. Niche marketing has made a lot of people rich, simply because it offers high conversion rates and thus give you higher returns on your investment.
So, if you are still trying to figure out what the perfect niche for you would be, then this very simple niche selection guide will be able to help you.
The first step is to make a list of at least 5 topics. These topics could be any random things that come out of your head. For example: dog, kitchen, cell phone, bed, and children.
Then, using a keyword analysis tool, type these words in the search box one at a time. The topics we’ve chosen above are too broad so we want to be able to break them down into smaller topics, and these are what are referred to as niches. With the help of a keyword analysis tool like Google Adword’s keyword tool, for example, you will get the following terms for the “dog” topic:
- Dog breeds
- Dog grooming
- Dog supplies
- Dog training
These are still quite broad topics to be considered a niche, though if you want to build a big authority website then it might be all right to go for any of them. However, if you want a more targeted niche, you can continue to dig deeper into each of these topics. So, if you are interested in “dog training” then do a keyword search on it. You will likely get the following topics:
- Adult dog training
- Adult dog potty training
- Aggressive dog behavior training
- And so on…
If you think any of the topics on this list appeals to you based on factors such as high monthly search volume and low competition, then you can proceed to find a list of keywords for this niche that you can create content on. You should choose a niche that has a large list of keywords or related keywords so that you can build more content for your site. The bigger your site, the better.
When you have chosen your niche, the next step is to start building your website and deciding on how you intend to monetize it.