Made a pact with yourself to up your game in 2020?
Start with a great niche.
Whether you’re a blogger, an affiliate marketer, an SEO, or an eCommerce guru (or all four) – you need to carve out your own little territory on the digital globe. Finding a profitable niche that you can monetize isn’t something that happens overnight. Amazon, Google Trends, social media, research white papers – there are plenty of places to look. Take advantage of the online marketplace to help guide your digital career.
A niche will make you more profitable and more successful as an online entrepreneur – here’s how you can find yours.
The simplest guide to choosing a perfect niche for blogging in 2020
1. Do Proper Research to Find the Niche
The #1 reason I put research in the first place in the list is because I know how important it is when choosing a niche for your website.
You need to know which niche is right for you based on your interests and the demand in the market.
- Don’t pick a niche just because you’re passionate about it – you’ll find it hard to make money from it.
- Don’t pick a niche without finding its profitability. There’s no way you can build a profitable business if there’s no market for it, right?
So if you’re wondering about how to do it right, here are the three steps you need to follow while doing research for your blogging niche:
#1. Get ideas:
Make a list of possible ideas for your business. While brainstorming for ideas, ask these 4 questions to yourself.
- What are your biggest passions and interests in life?
- What are your hobbies?
- Do you have any previous work experience that could potentially turn into a business?
- What kind of business you want to do? What is your dream business?
Take a notepad or memo function on your smartphone and write down anything that comes to mind. So that we can narrow down the list in just a moment.
#2. Pick up your top 3 to 5 niches:
Focus on the ideas that you would enjoy it as a business. Remember that you are going to spend a pretty good amount of time into this new venture.
So pick a topic that you are really passionate about. If you don’t enjoy the topic, you will lose motivation to work hard to make it a success. So, write down top 3 to 5 niches on the paper that really interests you.
#3. Determine its profit:
Now, it’s time to look at them closely and determine if there is profit potential. Most of your research can be done online.
You can do competitor research or you can also read top blogs (in your industry) to find out whether there are any income reports shared by bloggers. That’s the
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This article was written by Gareth Simpson and originally published on Blog – Blogging Cage.