December 16th, 2006
Those online entrepreneurs who run a few content websites are always eager to start new projects and discover those niches that would be both – profitable from financial point of view and quite easy and fast to achieve good search engine rankings or gain good traffic level by some other techniques.
Competition is really high on the Internet at this time and it takes much time and efforts to grow a good project. Added to time and efforts one also needs ideas.
I have covered this aspect in the past. Now I would like to mention some new techniques I have discovered that are useful if you research new niches for your future online projects.
Browsing Wikipedia content page can give you some ideas, industries that are potentially good for new online ventures – will help you to shape some general concept, ideas about possible options and content. Then it is time to check your competition and earnings potential.
If you would like to be ahead of your competition then you should find a way to observe emerging trends. I think resources like trendwatching.com, springwise.com, techcrunch.com are good helpers. Depending on your niche you probably know other resources that keep an eye on all recent trends in your industry. And it goes without saying that those sources should be reliable and professional.
It is difficult to predict if your selected niche is a success and good money maker. As a rule, you start a new project in some unfamiliar niche and lack experience to be certain that your choice is correct.
In this case help and advice from more experienced web guru are invaluable. The below list of niches attracts crowds of webmasters but it is a fact that nowadays it is really a hard task to enter these industries for newbies:
- Online Pharmacy
- Mortgages and Loans
- Legal Sites
- Website Hosting
- Gifts and Gift Baskets
- Real Estate
- Cheat codes/Warez
The idea to localize your services sounds good, but I do not think it makes the task easier.
Summary: Niches really matter. In fact it is the only way to prosper online for an independent owner of content websites. One can go by trial and error or consider the experience of other webmasters. The more techniques and methods you know the higher are the chances that some good ideas will come to your mind.
[tags]website niches, website ideas, seo, internet marketing, affiliate marketing, make money online, home based job, earn your living online[/tags]