Will My Niche Make Money? Beginner's Worries
Ok. So my niche is picked, my site is picked, and I've now got my first post up. When's the money gonna get here???
Ok. Just kidding. I know this is a promising career and all but I highly doubt I'd get my first sale before I've even added anything. But once you've gotten that first post written the questions start:
- Is this niche good enough?
- Do people even care?
- Is it too broad?
- Is it too specific?
- Maybe I should just go ahead and delete this site and start over...
Don't worry, guys, I'm in this too! But I would so love it if everyone of you could stick with me. Don't give up on your first one right out the starting gate. Push as much as you can to see what you can accomplish!
A thing about these sites is that they will never stop making you money.
Really, they generate ninja money: always sneaking up on you when you least expect it, realizing it was there the whole time. Once you have your site on the internet, there will always be someone out there who finds it, and either clicks on an add or follows your referral. Those small cents and dollars do add up when it's six months down the line, you have two more sites up and you practically forgot about the first until you happily opened up your Adsense account.
But let's stray away from the money aspect for a bit.
If you followed Kyle and Carson's tools for niche-picking, I'm positive you've found one that works for you. Sure, you've got your weight loss and work-at-home-jobs and healthy living niches, but there are those even more obscure or caters to the other demographic. Don't worry, it's the internet: nothing is really obscure because there's billions of people on it, and billions of people with different interests will search for something that probably you are the best equipped to provide them. So keep your pet care or video game reviews or your organic hair care niches. They really can work for you!
Now I will reiterate what was taught in the lesson plans, just because broad vs. specific really was a concern for me. Broader niches allows for more product and add revenues. But they can be harder to manage, a lot more time consuming, and can always result in someone else marketing off of that, and beating you with his/her own smaller version of your niche. More specific niches can make you more of an expert at that particular product or service, be a lot easier to maintain and can generate a good following, but if it's too specific it could lead to running out of material.
But that's why middle grounds always exist!
With the right tutelage, I guarantee your niche will generate some sort of income. And if you're really passionate about it -- which you should be -- then you could make even more than that with the time, knowledge, and learned skills put into it.
And then once you've got that baby down you could make another, and another, and another to fully satisfy all your interests! That is, assuming your crash under all the information of the interwebs.
All of this just comes from the mind of a young entrepreneur. Best of luck to you all!
-Amber
Recent Comments
7
Great post! A tip for managing the small/broad niche dilemma is to choose your domain name wisely. If you choose a name that doesn't force you to commit to a tiny niche market, you can start small, then work your way broader.
bluecoffeemugs.com limits you to blue coffee mugs for life!
But coffeemugheaven.com means you can start by cornering the niche market of blue ones, and work your way to all colors.
BTW, these are terrible ideas for domains, but the idea works just fine :)
Hi Amber, thank you for making this post. You hit the nail on the head on the power of additional sites. Multiple sites can provide residual income and that is where the real power lies. :)
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Thinking about choosing fishing as my niche. Is this too broad.