2 {{ upvoteCount | shortNum }}
2 {{ upvoteCount | shortNum }}

Banking niche too saturated?

by bostjan33 Banned
2 replies
Hey all,

Recently I bought a nice domain for banking niche and thought about building a deal oriented blog. I'm fairly good in SEM, won't brag here.
But although this niche is the highest paying one, it's also one of the most competitive ones as well, where competitors scare the sh*t out of me (sorry).
So, I have 2 questions:

- Should I dare to dive into it, or is it just too saturated?
- What do you think about my domain "BankSnatch"?

Any help would be greatly appreciated, especially from banking/finance pros.

Thanks and have a nice day
#banking #niche #saturated
  • Profile picture of the author Victor Edson
    You should always try it.

    Just because there's competition it doesn't mean you can't carve out a piece for yourself. You don't seem like a brand new person either, so I'll assume you have a little knowledge about how the marketing aspects work and you may find yourself with your most profitable funnel yet.

    Or it could crash and burn a few times before barely breaking eve. But the only way to know for sure how well YOU do with it, is to try it out. Maybe it's the best niche you're in? Only one way to know for sure, so why not?
    {{ DiscussionBoard.errors[9572206].message }}
  • Profile picture of the author Tom Addams
    Competition and saturation are relative concepts (and I'm sure you know this already; so apologies for stating the obvious). More specifically: it depends where you intend to get your traffic. I run offers in a sub-category of this one and I can tell you that Adwords and AdCenter are tough going for someone just entering. That being said, there are dozens of other traffic opportunities that are relatively untapped (for the products I promote, at least).

    What I'd suggest to you at this point: do a little research and work out if profitable penetration is possible and worthwhile. By worthwhile, I mean, is it the best use of money and time?
    Signature

    I Coach: Learn More | My Latest WF Thread: Dead Domains/ Passive Traffic

    {{ DiscussionBoard.errors[9572212].message }}

Trending Topics