Is This Niche Too Competitive?

The image is simply a screenshot from Market Samurai, I tried uploading the image but the quality was poor.

So do you think that the niche is too competitive or no?

Many thanks,

Sam

My intention was to monetise it through Adsense as the CPC is suggested at around £2 per click. My website was meant to be an information based site not a product website.

You did say none of the similar websites are specific to your niche and the market is profitable. So ... that's a good sign! Maybe not so much if you insist on trying to go head-to-head with well established websites that have an old domain age and lots of backlinks.

But there's more than one way to "skin a niche" in my opinion.

You're just focusing on Google page rank to determine the viability of your niche or whether you should take action. But it's not the only game in town. And it should never be the only bullet in your chamber for the reasons you've already discovered, plus many more I could easily warn you about.

Don't limit yourself. There's at least 7 more ways to exploit a niche idea besides trying to get ranked in Google. Even if other sites are locked in or dominate the 10 Google results. So what (laughing)?

Here's one quick one.

1. Create your own niche! If you haven't done it already -find out (research) what your target market is lacking and create a product, service or helpful information to supply it.

Or differentiate what you already offer by finding unmet, under-served or neglected need your competitors are neglecting or under-serving that you can provide.

2. Then market your site via CPC as you planned or other methods and focus on building your list of people who appreciate the unique benefits (i.e product, service or information, etc.) you offer. Then over-deliver on your unique information, product or service.

By building a targeted list you won't be so Google page rank dependent.

In fact, considering your situation, that may be a better initial course of action than trying to rank on Google page one right now.

If your information is unique, helpful or engaging enough Google will Find You FIRST. It's happened to me many times. - Something to consider.

I wouldn't go as far as saying SEO is dead. At least don't say that in the SEO section. But I will say it's not as dependable as a business model as it used to be, they're more dependable ways to start an I. M venture. How's that for a Politically Correct answer ?

That's 10 times more dependable (and less tears) than messing around exclusively with SEO and Google.

zdebx:
Actually, I agree with you (see post 13) for all the reasons you stated above and more. But that's still the go-to place for millions of newbies who read out-dated information and vets longing for the good old days. But there is still money being made by SEO consultants, and of course people selling information products on How to "Make Money with SEO".