Author: Wael Badawy
Your Niche Authority
Course Materials:
- Video #1 How Not To Do Niche Research
- Video #2 Develop a Niche Finder Mindset
- Video #3 Start with What You Do know
- Video #4 Facing the Unknown
- Video #5 Facing the Unknown 2
- Video #6 Should You Take A Brush or Narrow Scope
- Video #7 Finding Good Affiliate Niche
- Video #8 My Top 10 Niches Research Tools
- Video #9 Three Ways to Get Product to a Niche FAST
- Video #10 Summary and Recap
- checklist
Choosing the right niche can either make or break your online success. Learn how you can find your hot niche and dominate it.
By definition, the word niche means A specialized segment of the market for a particular kind of product or service. This description makes sense for a blogger too as it illustrates the fact that this is at least partly a business decision. Ideally, your niche should also unveil a niche in the market – meaning that you’re meeting a demand that is as-yet unfulfilled. Of course, this isn’t something that every ‘niche’ website needs to accomplish but as you read on you’ll see there are definitely some parallels. Ideally your niche will also provide you with access to some niches in the market.
A popular piece of advice among writers is to ‘write what you know’. Granted, this advice is generally aimed at fiction writers and creative writers but it definitely still applies here. What does this mean? It means write something that you have experience in and write something that you enjoy and find interesting. In an ideal situation, you shouldn’t view writing your blog as ‘work’ at all. Rather it should be something that you actually enjoy and actively look forward to.
More importantly though, creating a website on a subject you find interesting means that it won’t be a chore for you to keep it updated. This means you’ll be likely to fill it with a higher quantity of content and that content will be likely to be of a better quality at the same time! Your passion and love for the subject will keep you writing about it on a regular basis and it will come across in the way you sound enthused within the content.
Whenever you create your own product though, you will be taking a big risk. You’ll be investing a lot of time, money or both into creating something new that you have no guarantee will sell. The worst case scenario is that you spend all your time creating something new only to find that the audience isn’t there, or your product isn’t going to sell.
Essentially, all you’re going to do is to run a practice run as though you were selling your product and then see how many imaginary sales you can rack up. If the number is high, you can go ahead and invest the time, money and energy into creating the product. If not? Then you know not to waste your time and you can start thinking about alternate niches and alternate products.
What You’ll Learn
- Introduction And What You Will Learn
- What is a Niche? Some Statistics
- How Have You Chosen Your Niches to Date?
- Avoid This Common Strategy
- Starting with Self Interests
- Examples of Blogs on Personal Interests
- Combining a Niche With a Personal Brand
- Tapping Into Your Love of Learning
- Why Listen to a Learner?
- Go Where the Money Is
- What Makes a Niche Profitable?
- Some High Earning Niches To Consider
- Profitability and Your Target Audience
- Profitability and Evergreen Sites
- Zeroing in on a Certain Demographic
- Shrinking Your Audience
- Choosing Your Audience
- Is Your Niche Content Rich?
- Researching Your Niche and Coming Up With Topics
- Is It Click Worthy?
- Digital Product Affiliate Promotion Potential
- Finding a Niche for Digital Affiliate Products
- Big Affiliate Networks
- Think in Terms of Tangible Affiliate Profits
- Is There Room for You to Launch Products?
- Consider Whether There’s Space for Your Product
- Products for Smaller Niches
- Validating Your Product
- Keyword Research Tools To Find Hot Niches
- LongTail Pro And SpyFu
- Google’s Keyword Planner
- SEOBook’s Keyword Tools
- And Much More!
The Biggest Impacts of Choosing a Niche
When you pick the niche for your new site, you are actually picking much more than just a niche. This decision isn’t just going to affect what you’re writing about for the lifetime of your new business – it’s also going to impact very nature of your business model and the very fabric of your website…
It can’t be overstated just how important this is for the eventual success of your blog as a whole. So to demonstrate just what a profound impact this one decision will make, read on to see some of the top areas affected by your choice…
The Look
When you choose a niche, this will almost certainly impact the design of your logo. In turn, this is likely to spill over into the look of your site if you want to strengthen your brand identity. As a result, your web design will be heavily influenced by your choice of subject matter – which is why football sites tend to be green and technology sites tend to be white/blue/silver.
The Tone
The niche you choose is also going to dictate the tone of your site and the ‘voice’ you use. A website on lifestyle for instance might have a colloquial and ‘fun’ tone of voice, as though you are speaking directly to your audience. On the other hand though, a website on finance or on medicine is going to sound a lot more professional with far more terminology.
Your Audience
This is one of the biggest ways your niche will influence your business model: once you choose your topic, you will also have decided on the type of person who is likely to read your content. In turn, this will influence the types of interactions you have on your site, the amount of loyalty your audience displays and even their disposable income.
Monetization Options
The way you monetize your website will depend on which products and adverts are available. If you’re in the ‘make money’ niche for instance, you’ll find there are tons of eBooks and courses being sold on the topic and that people are willing to spend a lot of money here, viewing it as an investment.
But on the other hand, if you’re writing about your favourite TV show, there won’t be many things you can sell without facing copyright issues – which means you’ll likely make most of your money through Amazon sales.
Learn to Master Your Niche Research Skills
If you want to succeed in any given niche, then you need to offer something different that the competition isn’t already offering. This is how you stand out as different and memorable and this is how you make links ‘clickable’ and sharable.
But coming up with new content is hard. Especially in a crowded niche where there are thousands of new articles published every day!
Moreover, you’re going to have to do your research if you want to appear accurate, reliable and trustworthy too. So how do you go about mastering your research skills so that you can really stand out? You read on, that’s how!
Your Inspiration
The more information you take in, the more inspiration you put out. Without meaning to get too philosophical here, most psychologists now agree that there’s no such thing as a truly ‘original’ idea. Instead, our ideas are created when we combine different ideas we already had.
So the more information you are taking in on a regular basis, the more bits of data you will have available to recombine into something brand new.
And this shouldn’t just mean reading on the topics that you’re writing about either. Reading on different topics is also important as this way you can bring related knowledge in from other fields or combine subjects in order to come up with something completely new.
What’s more, reading other blogs and websites can give you ideas for structuring articles or spinning them that you can apply to your own work in new ways. Like that article on how to dress like a bodybuilder? How about taking it and applying it to your own niche for an article on ‘how to dress like an entrepreneur’?
Great places to get ideas and material then include:
- Websites
- Blogs
- Magazines
- Books
- TV
Subscribe to some RSS feeds and keep reading!
Looking for News
It’s also important to try and stay up-to-date by following the latest news and developments. This sometimes means going straight to the source, which can mean reading journal studies (look for them on Google Scholar) or looking at press releases (you can find sites that collect and publish these).
Taking it Further
The truly unique and interesting stuff though comes when you start going deeper and really researching into your topic. Often this begins with asking the right questions. When you next read an article telling you about a new discovery for instance, ask why that’s true. Why does that new workout routine work so well? And what if you were to turn it up a notch or introduce a new element?
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How to Use Pen Names to Penetrate Multiple Niches
Choosing a niche is one of the most important things you have to do when you first set out to create a blog. A niche doesn’t just impact on what you’ll be writing: it impacts your target demographic (your audience), your web design, your earning potential, the types of products and adverts you can earn from and much more.
If you get your niche right from the start, you’ll find you can quickly rise to prominence as one of the top bloggers and start earning a lot of stable income. Get it wrong and you might find that you struggle to get noticed, or that there’s no money to be made even when you start making progress.
So instead of stressing about it and letting this decision stall your progress… why not just enter multiple niches right from the start?
The Benefits of Entering More Than One Niche
There are plenty of very good reasons to try entering more than one niche and this is something that can help any blogger.
For starters, being in more than one niche is fun. It means you aren’t constantly writing content on the same topic and you won’t find you get bored of your ‘day job’ too quickly.
What’s more, being in multiple niches at once gives you resilience. In business terms, ‘resilience’ basically means that your business model is stable enough that a single thing going wrong won’t be devastating for your company. In other words, if you’re in more than one niche, it doesn’t matter if one of your websites – or even one of those industries – stops being profitable.
And on top of all this, with multiple niches you will have multiple different audiences and multiple different opportunities to start making money online.
Using a Pen Name
So how do you enter into these different niches?
One thing that can help is having more than one pen name to use on the web. Why? Because that way, your efforts in one area won’t negatively impact your efforts in another.
Having multiple blogs all on different subjects and using the same name could look as though you’re a ‘Jack of All Trades’ and expert at none. It could appear as though you’re just interested in making money rather than having a real passion for what you’re writing about. Finally, it prevents you from referencing or linking to your other blogs without it appearing biased.
So come up with a few names and enjoy writing on multiple subjects simultaneously!
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