There is NO SUCH THING as a too competitive niche! Here is how I make money from them.
Just woke up and decided to start off my day with a nice post on the good old Warrior forum!
So let's get to it.
I have seen a lot of people saying things like 'don't go after the competitive niches, stick to low hanging fruit, avoid over saturated niches, etc.
While I do agree with this to some extent, it doesn't mean you can't make A LOT of money from highly competitive niches.
These niches are competitive for a reason...
Because people spend like crazy in them.
So if anything, a competitive niche is a GOOD thing, rather than a bad thing.
Even if you do basic affiliate marketing, you can still make bank off these niches.
Here's how you can do it.
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When I first started IM about 6 months back, I was curious to see how hard it would be to get into an over saturated niche.
So I registered a domain name in two VERY competitive niches right off the bat.
That is key. What I have noticed is that it takes awhile before the search engine will trust you in niches like this. The sooner you register that domain name and and get it indexed, the better.
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Then Drip Content Over Time
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I also think this is another key point to breaking into a niche that is highly competitive.
What I did was buy 10 articles, and drip them over a period of 5-6 months. About 2 articles added to my site per month.
One thing I noticed about these niches is sites that grow stale get phased out very quickly(which is good for us if you have the content to support it).
By adding content overtime, you are fresh in Google's mind.
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Build A Small Amount Of Links Over Time
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Contrary to what you may think, you don't need a ton of back links to get organic search traffic in niches like this.
All you need to do is steadily build up a small amount of links over time to your main domain name and all of your sub pages and you will eventually start to move up in the rankings.
I'm talking like 5 links per month to each of your sub pages and root domain.
Slow with consistency is important here...
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Simultaneously Build Supporting Sites
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This is something you should do if you are serious about making money in the particular niche.
I like to have at least 3 sites hosted on different servers if I am serious about a niche I want to work in.
I will simultaneously build content and links to each one of those sites over time, just like I did in the instructions above.
After they get ranked and have something I can leverage, I will link the two support sites to my main website. I will even create links within the articles of my support sites to each of the articles of my main money site.
This is good to do for two reasons:
- You can get search traffic to your main site and your supporting sites.
- Your support sites will highly boost your search rankings of your main website.
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This is something I find really cool about working in a competitive niche.
People searching for these terms are so hungry that you need hardly any traffic to make sales.
One of my sites gets no more than 20 visits per day, and it is making me about $500-$600/m. Conversions for these sites are ridiculous. I have another site that gets about 5 hits per day and it makes me around $200/m.
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It Really Isn't Much Extra Work Either...
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I'm sure a lot of you are thinking it is going to be a lot of extra work to break into a competitive niche, but it really isn't.
In fact, I would say I'm not really doing anything extra that I haven't done with some of the lower competition niches I am in besides for spreading the content and link building out over a longer period of time.
If you have a good system in place, this equates to hardly any extra work on your part because the process is practically the exact same thing.
That's it! Just get out there and make some sites in any niche that you want to get into. Don't let the competition deter you, because you WILL make money off it!
Trust me.
Don't go too crazy now ;P
-Daniel Brock
P.S. Feel free to ask me questions. I will check in from time to time.
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Click here to learn how to make money online in your bath robe and gym socks!
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Wealthy Investor Limited
http://wealthyinvestorweekly.com
Click here to learn how to make money online in your bath robe and gym socks!
CEO
Wealthy Investor Limited
http://wealthyinvestorweekly.com