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July 20, 2008

Finding a Niche

Filed under: Blogging, Income Steams, Instructional, Writing — Jan @ 8:57 am

A niche is a specialized market. For entrepreneurs, a niche + little or no competition = internet income!

The possibilities for niches are endless, but your time available is not! Even if you are among the few who have excessive time available, it is best to make that time as productive and efficient as possible.

1. Choose a list category:

  • PASSION-interests, causes, and/or ideas that you have a passion for and a heart for
  • KNOWLEDGE-topics you have a lot of knowledge about
  • EXPERIENCE-jobs, hobbies, personal experiences, or any skills and knowledge that you have acquired through living it
  • INTEREST-areas of interest but have not had the chance to research or lear
  • RANDOM-whenever you are searching for anything on Google, glance at the number of sites that come up. If it is 1,000,000 or less, write it down
  • EDUCATED GUESS-you just have a “feeling” or are sure a topic has potential

2. Add variations on the keywords:

  • Plurals by adding “s” to one or more keywords
  • Change the word (man>men)
  • Synonyms and “other” words (photograph>photo, picture, pic, snapshot)
  • Common misspelling

3. Research

  • Make a list of all related keywords.
  • Keyword Discovery-check the keyword/s
  • Google Adwords keyword tool-find related keywords that pay $1 and higher or tail end keywords and go for lower paying words
  • Google-Google keywords and eliminated any keywords that resulted in over 1,000,000 sites. Highlight any keywords on my list that had several sponsored ads on page one of the search.

4. Pick the top three that holds your interest and get started with the following:

  • Chose blog or website
  • Get a domain name
  • Host domain
  • Design blog or website
  • Write or purchase content
  • Choose related ads and affiliates
  • Get traffic to site

Once the site is set up, REPEAT to build a large and consistent income streams.