So, you’ve decided you’re going to go ahead and build a niche website.
But maybe, (like me) a niche didn’t immediately jump out at you at first.
Plenty of people may have vague interests, but nothing they necessarily want to build a business around.
How to choose a niche online: Passion vs profit.
Will going for a passion always work?
It might seem most logical to go towards something you’re either passionate about, or have a deep interest in.
But this isn’t always straight forward.
For example, I have a passion about cooking and recipes – but writing about recipes doesn’t interest me.
In addition to that, photography doesn’t interest me and to have a great food blog that competes with the best – some great food photography is pretty important.
I love to drink wine… but I have the most basic knowledge about it, (basically my husband knows his stuff and I listen to him!). Ok, so – I could learn.
But guess what? I don’t think I’d be at all interested to learn about it, nor write about it either.
A while back, I decided I’d try and go into the anxiety niche, but a certain branch of it which concentrated on healing anxiety via natural methods.
I was interested in psychology, having done some study in that area and also in natural healing methods.
However, once I started to actually write about it, my motivation shrunk and shrivelled like a prune.
I tried to outsource the writing, I got several articles written and tried to go down that route.
This didn’t help one bit. My motivation and desire to work on it disappeared like water down a drain.
My point here is, just because you think you have a niche in mind that you are both interested in and passionate about – it doesn’t mean that you will have much interest at all in writing about it.
Even if you are at first, this interest can soon wane.
This can be problematic, as sometimes you just will not realise this until you get started.
Sometimes you may only realise you’re interested in something BECAUSE you start doing it.
Take this website for example…. I had no idea how much I’d love writing about products in the make money online niche.
So, sometimes it’s the act of experimentation itself that leads you to the promised land.
This probably doesn’t fill you with enthusiasm… you want to have a profitable niche and you want one right now, right?
Well, sorry to be a party pooper, but your first niche -probably won’t be your last.
I remember when I started out thinking that I absolutely had to choose the right niche first time…
The thought of writing potentially thousands upon thousands of words completely pointlessly, seemed like a gargantuan waste of time.
But I was wrong. The actual act of writing posts, even on websites that I would eventually abandon, always end up being a rich learning experience.
While you may not appreciate that notion in the beginning, it is something you will probably learn to accept.
If you’re differently minded however, you may be stubborn enough to never give up on any niche until it’s profitable.
If you can do that, all the power to you!
Going For Profitable A Niche Only?
If you go all out and just go for a profitable niche, that you have zero interest in at all – you will find it tough going.
Some people can do this.
One way may be to outsource the content…but if you know nothing about the subject, how can you be sure the content is top notch?
Even the act of outsourcing content can also become incredibly draining in a niche you dislike, (talking from experience here….)
As a beginner, to have the greatest chance of sticking with this, it makes sense to go for something that you have at least a mild interest in.
Interested enough that you can learn about the niche as you go at least.
For the most part, starting off with a niche you don’t have any knowledge about, nor interest in and are simply going into for the money – is not a good way to get started!
Why You May Stay With A Niche You Hate…
There is another situation that may arise.
Sometimes, while your enthusiasm for a niche has been tested to the periphery of your patience…it may, suddenly, begin to be profitable.
If you’ve slugged it out for a few months; writing content derived from inspiration that feels as if it’s being forced out from the end of a toothpaste tube – this may be an alarming position to find yourself.
Any niche, however dull you may perceive it to be, becomes a whole lot more interesting if you’re making money from it.
If you ever find yourself in this position, you may feel swayed to continue with it, despite your reservations.
Give Yourself The Best Chance Of Choosing Right First Time…
So, while I will stick by the fact that, (for most) your first niche probably won’t be your last –
It’s still wise to research your potential niche to a point that, you can go in with your eyes open and fairly confident that you can turn a profit.
Write down a list of every possible idea you may have, don’t limit yourself here – write down every possibility.
Some ideas to get you started:
- What are your hobbies?
- What do you like reading about?
- How do you spend your spare time?
- What subject did you take in college?
- What would you love to learn about – even if you’re not an expert right now?
- What topics to you enjoy talking about with friends/family?
From here, narrow your ideas down to a top group of 5, (or whatever number feels right) that you realistically think you could potentially dedicate thousands of hours of your time to.
Out of this select group, now think about you can niche down on any of these ideas.
For example, you don’t want to go for anything too broad… do not go for something like “fitness.” or “personal development,” but rather areas within this.
So, it could be fitness for over 50’s, or exercising with kettlebells for example.
Instead of a regular food blog, it could be cooking gluten free or Paleo.
There’s a very successful blog I was reading about recently that was crockpot recipe blog, based on gluten free cooking.
So, this was an example of niching down on two already potential niches, (crockpots + gluten free).
Going With An Interest – Still A Good Place To Begin!
So, while being “passionate,” about your niche is not necessarily a good reason to choose it, having a general interest in your topic in question is still a good place to start if you’re a beginner.
Simple reason being, that creating content day in and day out on something that you have limited knowledge about and zero interest in, is going to feel like very large mountain to climb.
It’s not easy anyway, so don’t make it any harder than it needs to be!
Check Out Your Competition!
So, once you’ve worked out your core ideas and have your top group of possibilities worked out, it’s worth now checking out your competition.
Simply enter various search terms related to your potential niche, (possible article titles you may target, or more general terms) and see what sites show up on page 1.
E.g. say you were going to write about: “How to travel Thailand on a budget…”
I checked this keyword in Jaaxy and the QSR happens to be very low, (that is the number of competing pages in google).
So, add this keyword into Google and see what comes up.
You want to check out various factors – such as: whether the top results actually have the exact keyword in their title, how established the sites are and if they have a large amount of shares on social media.
If the content you’re looking at is way above and beyond anything you can ever imagine competing with, keep digging!
The above keyword could have been a blog post for various niches – two examples being:
- Travelling on a budget.
- (More niche) travelling Asia on a budget.
- (More niche still) travelling southeast Asia on a budget.
If you feel put off by the sites you find and wonder how you may compete, don’t underestimate how much you can progress online in terms of making your website look professional and so on.
These things you will be able to improve on in time.
However, if the top search results seem only to be scattered with massive authority sites, then you may want to have a little rethink.
Your aim here will always be to reach the top of the search engines. So, making that reality as likely as possible, is your goal before you even start working.
You’re either going to want to create incredibly unique content that is a rare find on the web…(difficult to do, but new niches are born every day!)
OR go into a niche that has low competition but a high search volume, (again, difficult but possible).
OR – you’re going to want to better the content that is already out there, (completely possible in any niche!)
So, how do you improve on the content you find? In various ways – including:
- Make your post longer – if theirs is 2000 words, aim for 3000, (relevant info of course).
- Make it more engaging.
- Make it more helpful.
- Make it more entertaining, (if appropriate for your niche!)
- Make it more in depth, (does your competitor include a video? Create your own video, or add a related one into your content, this can really help with ranking!).
- Put our there the best information you possibly can and try and fill any gaps that your competitor has left unfilled.
You get the idea?
Keyword Research – Essential Before You decide:
Once you have your top possibilities, you will also want to do some keyword research.
If you have already joined me at wealthy affiliate, they have a good free keyword tool you can use to get started.
Alternatively, I use Jaaxy and you can get 30 free searches, (see my full review here).
For another free option, you can use the google keyword planner tool.
You will want to find long tail keywords with low competition and you will also then want to check the results in the SERPS, (search engine results page) as we did in the previous section of this article.
Take a look at the video below, which explains how to go for “low-hanging-fruit” low-competition keywords and how it can benefit you.
clicking on the video pic will open the film in a new window.
Have a go at coming up with your own low-hanging fruit keywords. You can have a go checking keywords in Jaaxy, by searching below, (free trial – 30 searches).
After doing your keyword research, you should have a better idea which niche is the best on your shortlist to target.
While some competition is good, you want to give yourself the best chance of ranking your content high up in the search engines as quickly as you can.
Now consider whether you can imagine writing thousands and thousands of words on this topic?
Do you think this is something that potentially hold your interest for years to come?
NICHE Profit Potential – Not To Be Overlooked:
So, while I do suggest you definitely go for something you’re interested in – the potential profit of your niche should not be overlooked.
For example, one of my first niches involved selling some products on Amazon where I just got a few cents to a dollar per sale!
You’d need hundreds of sales per day in order to make any sort of decent money in this case.
Fortunately, I was able to expand on this niche and started incorporating some higher value items, of between $100-$300, with a 6% commission, this was between $6-$18 per sale, which is considerably better.
There are many affiliate programs beyond amazon, that offer considerably better commissions.
In fact, certain digital products may sell for up to 100% commission – but it’s common to see commissions of 50-75% . Which is why digital products are very popular to promote.
If you want to check out possible affiliate programs, just type in the “topic + affiliate program into google.” Eg: casino + affiliate program.
It’s important to bear in mind that, of course, 10 sales are a lot easier to achieve than several hundred.
Therefore, the greater commission you can make in fewer sales the better.
Conclusion: How to Choose A niche – Passion Vs Profit?
In my opinion, when deciding on a niche, you want to go for a combination of both passion, (or interest) AND profit potential.
You need to find a middle ground there where you’ll be able to sell products that have a reasonable commission potential, whilst surrounding a topic area that you are interested enough to create content around.
Many people get stuck in this vital phase and struggle picking a niche.
They worry that it could all go wrong and therefore, do not take the plunge and take the risk.
The most important thing is to make a decision and just get started – no, this may not be the one that becomes a profitable business, but you will learn so much in the process that this will not matter in the end.
Take a chance! Take your idea and run with it!
Don’t go in with the attitude that you have to create something completely new that no one has ever done before – just aiming to improve on what is already there, or provide your own unique angle/personality is enough!
If you’d like to join me over at Wealthy Affiliate, you can get started for free with a 10-part course that teaches everything you need to know to start building an online business with affiliate marketing.
So, let me know how you’re getting on choosing a niche!
Leave me a comment below.
All the best….
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