Everybody wants to build a site in a profitable niche, but that can be tricky. If you don’t carefully research your proposed niche, you will end up spending a lot of time building your site in a niche that can never be successful. Here are several ways to determine if your new niche is a winner.
What Does A Profitable Niche Look Like?
If you are thinking about creating a niche marketing online business, it is important that you understand what makes a niche profitable. There are several possible ways to assess the profitability of your niche idea. You will need to do online research to uncover enough data for you to decide how you should proceed with that niche.
Do A Check Of The Affiliate Marketplaces
Be sure to search the major affiliate marketplaces such as ClickBank, Amazon, and Commission Junction to see if there is any interest in your new niche. Enter broad keywords into their “Find Products,” tab to see what products are available for you to promote. Study the results to see which products are popular. The products that show up near the top of the results will be the most popular. If a product shows up in that section, it is probably in demand.
Look At Google Search Volume
Finding the number of people who are searching for your new niche idea is a great way to judge its profitability. Use the search bar on Google’s Keyword Planner tool to find the search volume for that particular keyword or key phrase. If there are searches of at least 10,000 or higher every month for your keyword, it means that many people are looking for that topic and there are signs it can be very profitable.
Look at Google Trends
Checking Google Trends is another way to determine if your niche idea is on the upswing or dying out. It’s always best to focus on evergreen niches instead of hot trends that will soon fizzle out. You’ll be amazed by some of the results using this tool.
Validate Your Idea By Checking For Sites In The Same Niche
Look to see if there are popular websites and blogs already online that are built around the same idea. If you find some sites, there’s a good chance that there’s money to be made in that niche. If it’s a profitable niche, it will also be easy to find online places where the target market congregates. If that kind of hub exists, it will be much easier for you to network with other site owners and help drive traffic to your site.
Check Related Forums To Judge The Niche’s Popularity
If there are forums in your proposed niche with lots of members who are very active, that’s a great sign that it’s a good niche for you. People will be willing to spend money on a niche about which they feel passionate. Do a Google search online to find forums that support your proposed niche.
Once you’ve gathered all the data from the sources listed above, you will be able to decide if your niche idea can be profitable. If it turns out your great new idea will not be profitable, that’s okay because there are so many more niches from which you can choose.
So, keep looking because you will find your ideal niche. It might take extra work, but all the effort will be well worth the trouble.
What Does a Profitable Niche Look Like? DOC960667 Full Rights