Monetizing the Math Niche

[turbostar52]

I'm fed up with the health, dating, make money, and other popular niches. I was thinking about starting a blog on algebra, trignometry, calculus, discrete math, and so on. Will I be able to monetize this blog? Please help. I'm looking for a stimulating niche I can monetize.

[MemberWing]

Create cheat sheets, formula cards, quick tips, quiz cards and market them?

I personally spent some money for regular expression ebook even though all this info is available on internet for free.
The act of presenting complex information in compact and easy form is what people are willing to pay money for.

Gleb

[uncle randy 71]

Not only present it in a compact and easy form, but make it RELATE to people. I have been a math tutor for more years than I care to mention and the biggest obstacle I find with people is showing them how an algebraic equation can relate to their real life.

[Allan Rich]

Look at the current competitors in the market and study their business model. Research Research and more Research. Dissect their website and find as much information as you can i.e. backlinks, keywords, traffic sources etc.

I good tool I use to find new ventures to pursue is "website marketplaces" such as Flippa.

When someone sells their website, they pretty much post their entire business model for everyone to see. Gives you a lot of insight on the certain product/niche.

Duplicate it with your own spin.

"Don't reinvent the wheel, just make it spin in the direction you want it to turn" Allan.

[nicholasb]

danica mckellar did a pretty good job at it, model how she did it

[SuzanneR]

It's hard to know if there's a market without doing the research first, but my sense is this has potential.

If you can find a way to make math less intimidating for teenage girls (and those of us who still have a mental block about it)--I think you'd do well. The problem in school is that teachers go over this stuff waaaaay too quickly--and it's tough for people whose minds aren't naturally hardwired for mathematical calculation.

There's a guy who developed a system for speeding up Spanish comprehension--which he sells on clickbank--and there is a hungry market for it. His system appears to be very good too.

[turbostar52]

Thanks for all suggestions. I'm now at more ease with starting a site in this niche while monitizing it.

[mikemcmillan]

I used to write math and science books for the education market. I used to be a chemistry teacher and wrote a book titled Mathematics Preparation For High School Chem. It sold quite well.

It's not just the math niche, per se, but also how math can relate to many, many avocations. In my case, the main reason students could do the chemistry was because they couldn't do the math.

If you are targeting students in schools, or more precisely--their teachers--there is a huge market for study aids, workbooks, etc. The way I sold them was to approach big school supply companies with catalogs. I would get my books into their catalogs and wholesale the books to these companies in quantity.

Also, don't forget the homeschool market--it is huge and most parents are not particularly good at helping their children with the math. There are tons of catalog companies that cater to this market as well. There are also half a dozen home school magazines you can find at Barnes & Noble stores. There all have classified ads in the back for such books and supplies.

There is a grand opportunity in that niche. Good luck! --Mike

[Adam Lok]

Here's how South Koreans do it
Fame, fortune for Web tutors in education-crazy South Korea | Technology | Reuters

[CliveG]

Originally Posted by David Halek

I don't want to be negative. The simple fact, however, is that people that are good at math aren't looking for help. Those that are deficient, are just looking to get through the low-level classes.

To put this in perspective, I need real number analysis to have a bachelors in math. My father has one, my sister does.

I'm a foreign language shy of having a triple major in computer science, math and english.

I'm not trying to sound like I'm some kind of authority. What I'm saying is that it's not really monetizable. I tutored for 3 years in a lot of subjects.

I still tutor in C++.

What I'm saying is that you have to realize that the people you are trying to reach are students. Students don't have much money. Don't worry too much about it.

Math is a horrid subject to make money off of.

I tutored in it for 10 years, don't even bother.

If you truly have the skills to teach it, go for actuary or systems analysis.

Don't try to make money off people learning it though.

Some of what is said here is undoubtedly true but do not let that put you off before you do further research. Some of the most profitable niches are sub-niches or even sub-sub-niches.

While I don't think that you will get rich with a general maths blog (I might be wrong) if you specialise in, for example, using numerical methods to solve computer programming problems, you might be OK.

Do your research first.

[Mark McClure]

OP,

TeacherTube - Teach the World | Teacher Videos | Lesson Plan Videos | Student Video Lessons | Online Teacher Made Videos | TeacherTube.com may give you a few ideas.

[JohnMcCabe]

Here's a thought for you...

While workbooks, cheat sheets, etc. will likely sell well, why not think about adding a membership site on top of it?

The content would be videos of how to solve different types of problems. Everything from how to assign variables to diagramming for better visualization to any other tip you can pass along.

Use actual problems from popular text books.

Position it properly, and I'd bet a lot of parents would pay for memberships to help little Buddy and Sis pass math. One step up from a workbook, one step down from an individual tutor.

The process works for the students, as well.

Back when I went to school for the final time, I took a math course as a refresher. The material came back to me much quicker than I thought it would, and soon the instructor was omitting my scores when calculating curves. (Not to brag too much, but I missed exactly one available point over the entire course - quizzes, midterms, final.)

By the end of the term, I had other people in the class paying me by the hour for the privilege of watching me do my homework. I'd simply explain my reasoning and process as I went along. Their scores went up as well.

I was happy, they were happy. Even the instructor was happy, as one of the criteria for judging his performance was test scores in comparison to other instructors teaching the same material.

You could do the same thing with simple videos and provide the service for hundreds or thousands rather than half a dozen...

[DianneC]

As a former Math Teacher, my biggest challenge was trying to find a way to get through to the students who were not 'hard-wired' (left-brained as some scientists suggest). If you can find a way to get to these students then you will be successful! Good luck and let us know how you are doing.

Dianne

[turbostar52]

Originally Posted by JohnMcCabe

Here's a thought for you...

While workbooks, cheat sheets, etc. will likely sell well, why not think about adding a membership site on top of it?

The content would be videos of how to solve different types of problems. Everything from how to assign variables to diagramming for better visualization to any other tip you can pass along.

Use actual problems from popular text books.

Position it properly, and I'd bet a lot of parents would pay for memberships to help little Buddy and Sis pass math. One step up from a workbook, one step down from an individual tutor.

The process works for the students, as well.

Back when I went to school for the final time, I took a math course as a refresher. The material came back to me much quicker than I thought it would, and soon the instructor was omitting my scores when calculating curves. (Not to brag too much, but I missed exactly one available point over the entire course - quizzes, midterms, final.)

By the end of the term, I had other people in the class paying me by the hour for the privilege of watching me do my homework. I'd simply explain my reasoning and process as I went along. Their scores went up as well.

I was happy, they were happy. Even the instructor was happy, as one of the criteria for judging his performance was test scores in comparison to other instructors teaching the same material.

You could do the same thing with simple videos and provide the service for hundreds or thousands rather than half a dozen...

Great idea. I thought about an idea very similiar to this earlier today. My plans include implementing a membership site in this niche. I think this would serve students and homeschoolers well.

Nick

[Pat Blank]

I would start by looking for products and thinking about how to reach desperate buyers. Research the competition, and test for results. Find something that clicks, and develop your own products. I think you can do well with this for a long time - math doesn't change too much!

Best - Pat