How I Am Going Through The Niche Thought Process

Last Update: December 20, 2014

Hello again,

My thought process of how i am going to think of which niche to go with; I know it was mentioned in the course to NOT spend too much time dwelling on this but I actually think it is a very important step and one that needs to be taken in a little more depth that is suggested in the course at WA.

Anyway, taking a step back and looking at my interests, it is usually a good place to start with; i am thinking something in this list must be a very unique niche.

Even though there's a wide array of products and services that I could go into, my main aim is to narrow down a few and see if they're any good.

Here's a list of my interests:

Swimming

Cars

Road cycling & mountain biking

Photography

SAP/EDI (my freelance work)

So, I can narrow down this list to be a more targeted niche and this now becomes:

Swimming coaching

Triathlon gear

Competitive swimming gear

Supercar experiences

Executive car rental

Cycling (more mountain biking) holidays

Cycling parts

Photography skills workshop

SAP courses, EDI courses etc

I would then go even deeper into each of those niches and ask whether any of the products and services are high price, low volume and vice versa.

I would ask myself if there are any affiliate programs available for each of those and find out whether the commission is worth it.

And finally, I would try and see if people are buying the products/services, to see if the demand is there.

For my part after that, would be to see if I could write lots of interesting articles for each of the niches.

Any thoughts on the above would be much appreciated.

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Garden77 Premium
This is rather a large niche. My best thooughts. try each with key word tool to see the competition. Any way I'm only in boot camp so what do I know. I know one thing the boot camp here is second to none. I should know. I am in it . happy holidays
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DaisyB Premium
Hi Stuart, the process you are outlining is thoughtful and has good points. I think as long as you don't get lost in the detailing too much without making a decision. For myself, if you are OK with it, I would like to make some notes of your process to remind myself of key points to analyze as I pass through the niche process. At a different training course, they taught that the niche doesn't matter and suggested focusing instead on finding a niche with good saleable products and keyword rankings. So I think it is a process we each have to work through. You have some good points, as I said.
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theQ Premium
Hi Stuart!.. I agree whole heartedly that more importance should be placed on choosing your niche. It is what your business will be based on...what you will be involved in on a daily, monthly, yearly basis. It should be thought out. I can't imagine not having some semblance of a business plan. Without understanding it I trusted that any ole niche will do and bought my domain name and began to research my niche for content and monetizing possibilities. I was so disheartened by that, I have decided to focus on bootcamp and make WA my primary earning site and save the other as a hobby to research and develop in my spare time. I ranted about it in a blog here.
I love the idea of a photography skills workshop. I think the traffic you could generate from that would be amazing. You have immediate built in value. Beautiful photos are such a draw for people to click on as well. I know I would sign up.
Whatever you choose I am so happy to see you giving it the thought it deserves.
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dabity Premium
Thanks for the response! I was debating to whether to just go for a website promoting products and getting a cut from the sales, but then I pondered over the WA affiliate opportunity also.
I think I need to think a bit more, but then again, I need to take action on the two websites I already have and to steer them into something a bit more spectacular and giving me the level of satisfaction they deserve (monetary-wise).
The photography skills workshop would be something I would love to engage in, as I do love the subject, do have a digital SLR with some additional lens and so on. Hmm, food for thought (still).
Will keep this blog updated with my actions.
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Michelle04 Premium
Hi Stuart. First of all, this is an impressive list! Most don't take the time like you are doing to really get a good focus and narrow in on their niche like this. :)

I don't think you can go wrong with the niches you are looking at. However, I would think the ones with gear or parts would be easier as far as promoting products. Just my opinion. Nice going! :)
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dabity Premium
Thanks! They are truly my interests and I would love to take one of them as a serious online venture. But.....which one!
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adaba063 Premium
looks like a logical approach

all the best,
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