Predicting Evolution and Changes within a Niche
There are two different ways that a niche can be altered over time. It can evolve into something different – or it can simply adapt to certain changes. An evolution of a niche might have to do with how society views a topic.
For example, corporal punishment is viewed less favorably by society these days than it was in decades past, so if you’re in the parenting niche, you’d want to know what topics might alienate your audience.
Changes can occur in a niche due to things like technology, ethics, and other things like rules. For example, if you’re in the search engine optimization niche, you may have recommended link farms many years ago.
But now, that’s not only frowned upon, but a good way to get your site buried in the SERPs. You have to keep up with changes that occur in your niche. If Google puts new guidelines in place, you have to know about them.
If new studies in health show updated insight, you have to know and share those changes. Sometimes, it might be that a site or tool that people relied on is now defunct or obsolete (or new technology, tools and sites have emerged) and you have to report those changes.
If you’re not wiling to stay abreast of what’s happening in your niche, and be flexible enough to change or evolve with it, then you may not be able to remain dominant as a leader in that niche.
Sometimes, it’s not even the niche that evolves, but the consumer. Their behavior and preferences as well as tastes can grow or change over time. This might result in a fluctuation of the demand in a niche.
Your target audience may change completely. They may outgrow your niche topic, so you have to continually recruit a younger demographic. Other items that can cause changes in your niche are things like the economy.
If your niche is based on luxury items that are considered a splurge, you may need to change some of your promotions and find more budget friendly slants that can help people maintain their interest in the topic.
Sometimes, the changes that are taking place in your niche might be due to the market becoming saturated. If you find that your competition has increased heavily, you may need to tweak your messaging and narrow down your niche a bit more.