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How do you go about choosing a perfect Niche
A Niche is a targeted customer base that you would like to connect with. to inform them, help them, or instruct them. There are over 3 billion people online all over the world at any given time, that’s a lot of searches for almost anything.
While trying to come up with a niche, firstly think of the industry that you appeals to you.
I have compiled a list of Business headings that are most definitely worth investigating, with suggestions of sub-niches within those industries.
There are 3 evergreen Industries that will always provide great earning potential.
Health, Money, and Romance.
The earning potential with these 3 niches is astronomical.
The Health market which can include niches such as dietary, weight loss, quit smoking and health foods are just a few of the potentially high earning categories.
It is widely acknowledged that the Health and Wellness industry will be worth $1 trillion globally in 2017, that’s a hell of a lot of wealth to tap into.
Reasons You May Want To Choose Health Niches
- Products and information can cost up to hundreds of dollars and rise to thousands when you think of exercise machines.
- This is a market that has a multitude of niches with people passionate about their Health so grabbing hold of big spenders is very possible.
- There is also the likelihood of repeat purchases as many Health niches are ongoing.
Reasons You May Want To Choose Wealth Niches
Wealth covers internet marketing, Forex, gambling, lottery, jobs and employment, affiliate marketing, multi-level marketing, business opportunities and more.
The online business industry in the UK alone is worth £100bn according to The Guardian, that’s twice as large as the hotel and restaurant industry.
Then the gambling industry is worth over $35.5 billion US dollars according to StatisticsBrain.
And the Forex industry trades over $5.1 trillion per day according to Wiki.
Are you beginning to see how lucrative some of these can be?
Look at these niche ideas…
- Wealth niches will require people to part with their money and the price of products or information can range from a couple of dollars to hundreds of dollars.
- The make money niche will always be popular because people are always looking for ways to make money, they will not stop looking, which gives scope for ongoing success for as a marketer.
- Many of the Wealth niches need ongoing purchases as people can be obsessed with getting the most up to date and complete information.
Reasons You May Want To Choose Romance Niches
- People are passionate about finding a companion so they are willing to spend constantly to learn the skills required.
- Dating is evergreen and is of interest to picking a demographic and marketing to them is all that’s left for you to do.
- Plenty of other websites in this market so limitless connections to influencers and traffic for you.
Other Industries include:
- Arts & Entertainment
The Film World
Instruments and Lessons
- Food & Drink
Any team sport
Any individual sport
- Home & Garden
Come up with something that interests you, something that you may be passionate about, this will give you more scope to be able to write and inform people in your own words about your topic.
An online business should be enjoyable, it should not feel like a mundane task. Earning money online is fun and that’s the way you should look at it. But it all starts with your chosen niche so make sure it is something that you are not going to lose interest in very quickly and that you will enjoy working on.
As in any walk of life the more you enjoy doing something the easier it becomes and the more productive you are going to be.
A Niche is Just a Group of People
Put in plain and simple terms a niche is just a group of people looking for information on a particular item.
In selecting your niche, try to avoid being too broad with your selection. It’s all about toning down a broad niche into a particular section. For example, the Health niche is very broad, but breaking it down into Men’s Health or Women’s Health or Healthy Food still gives you a massive niche to cover but it also pinpoints a particular section within the Health Niche.
I could go on and give you a thousand ideas, that’s what a niche is, anything you want to write about. It’s a passion that can be turned into a thriving business.
Enjoy and remember if you have any comments or questions about my page please free to leave your contribution in the comment box below.