Ask Yourself 3 Questions
Here are three great questions to ask and answer in the process of identifying your perfect money-making niche:
1.What am I passionate about?
What do I love learning about and doing that I could write about in order to become a leading authority or expert? It is ten times easier to find a starving audience if you already understand them. If you think like them and feel what they feel, you can relate more easily to them and speak to their issues.
This means you can either pick a past version of yourself like “How I went from flat broke to making $3,000 a month in 90 days” …or a present/future version of yourself , e.g. something you want to start doing like “Join me as I chronicle my weight loss goal of 100 pounds over the next 365 days”. It could be something you are interested in learning about for your own purchase like “How to find the best_______ for the lowest price and know for sure you got the best deal”.
2.The second question to ask yourself is, “Do people spend money in my area of passion?”
In other words can I monetize my passion? Can I make money in this niche by reviewing and recommending products and programs that people want to buy? Can I make money from advertisers to my site who appeal to my target audience? Are people buying books, products and programs on this subject? Can I make money by offering my own eBooks or Apps on this subject?
3.Are there a variety of quality products and or services to promote in this area? Look for and make a list of:
Books, Magazines, Affiliate Products, Wholesale Products, Advertisements, Software Apps, etc. that feature solutions for your niche market
Money Tip #3:Your website audience will relate more easily to you if you come from an authentic place of honesty about your past experience that has resulted in success or a present need that establishes community support.
I was thinking of sharing my life experiences.. for example, how do i manage with unemployment, sister's marriage, life after graduation.. basically telling people out there that it is okay to go through it, i have gone through it, this is what i did.. i wonder where does this category fall under?
Could it be self help? unemployment?
Would be great to get opinions from you and anyone who can relate to my train of thoughts!
Thanks!
Reply
I have something of the same idea but i have no idea of how it can be profitable as a niche. I am a realtor and aspiring christian speaker to women's groups. I speak to women from my own experiences, abuse, death, infidelity, divorce and how they can get from heartbreak to where God wants them. In the real estate market I have been an expert on getting people home loans even when it seemed impossible. I have just started my ministry
and I am in the process of getting speaking engagements set up. If i can find an answer for my niche I will pass the informatoin on to you, please do the same for me.
Wishing you great success in your online business.
God Bless, Judith
You really have opened my eyes to finding a profitable niche. I have toyed with a couple of different niches but I couldn't decide on one that I thought would either be profitable or me having enough knowledge to make my site authoritative in order to drive traffic and potential customers to a website.
I am going to read your training again possibly a few more times and take notes.
The training here at WA is beyond words how good it is but they ask you to pick a niche in the beginning of the training and create a website based on that niche but they do not go into detail like your training here and I think it confuses members on what is the best niche to pick just as i have experienced but I think after reading your training it will give me a better understanding of what to decide on for a good profitable long lasting niche.
Thank you Again,
Craig
This was very well done, while being thoughtfully laid out for the student reader. I was really intrigued and impressed by the level of sophistication and expertise, which was evident in your presentation.
The material also contains an exceptionally high level of focus, on the relevant subject matter, while going into lengthy detail about the specifics involved (how it works).
Yet as I've seen before with Wealthy Affiliate Lesson plans it was pleasantly straight forward and was rather easy to comprehend due mostly to its clarity.
Finally, I enjoyed following along with your step by step concepts through how to actually profit online, because they really did illustrate quite well to me, where the money is.
Again, thank you so much for sharing this, because it was truly an awesome learning experience for me!
Redundancy, retirement, marriage, divorce, children, grandchildren. - Why did you start with Wealthy Afflilate? - Helpful if you decide the to follow Bootcamp.
What are your hobbies, interests. Sports ( any).
Why do you do the things you do?
Where to get your pets next Halloween outfit?
What problem do you want to help people with and provide them with solutions for?
I hope that is a little helpful. J
It seems I've been living this niche for the last 30 years.
Now I know something about it to write about i!
I think in everyone out there that there is some inner thought will eventually rise to the surface of your mind and you can use it!
I hope to have my site up soon and will show you what I mean!
