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How big a niche need to be?

by Amazin
12 replies
I already have few ideas but just not sure if its big enough to make any money from it. So I was wondering if there are any instructions when it comes to selecting the right niche. How big it should be or ways to findout how big the niche is?
#big #niche
  • Profile picture of the author ningning
    It all depends on the niche/keyword. You can make good money from a small niche if it is centered around high paying keywords.

    If you already have an idea. Then why not try it out? You will get not better info than the one you gain from firsthand experience.
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    • Profile picture of the author Amazin
      I always believed that you will need at least few thousand unique visitors per months before you can start to think about the money? This is especially true if it's a content based website. If i was selling physical or digital products however, I can imagine less traffic is needed?
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  • Profile picture of the author visimedia
    usually when you find there are a lot players on the niche, it means there are money being made .. if you find the niche has no sellers or low competition, in some situation it means there are no money to be made.
    That simple
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  • Profile picture of the author TheRealRazzy
    Pick a bunch of niches you're interested in. This way you can type about stuff you like and it won't get to boring lol.

    You may not make as much but sometimes it's better to have 10 sites in different niches that you like typing about rather than 1 site in a super competitive niche that doesn't rank which you don't like typing about.
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  • Profile picture of the author Marx Vergel Melencio
    Amazin,

    Look at the best selling local niche magazines in your target country/area. The print industry's one of the most competitive, cut-throat industries today, so if they're still wildly popular in the market, then they're doing something right, or available online publications just don't cut it for the target market. And:

    People buy those niche magazines primarily due to its attention-grabbing cover story headlines about hot niche topics. They employ professional researchers, market analysts, copywriters, journalists, photo journalists, niche consultants, industry experts, visual communications specialists, art directors, graphics designers, PR managers and advertising consultants. This means:

    You can leverage their resources to develop your own set of attention-grabbing headlines of compelling cover stories for your products, onsite content, mailing list subscription offers, autoresponder series and offsite content materials that you can use in heavily trafficked offline and online publication channels. Hope this helps...
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    • Profile picture of the author Alexa Smith
      Banned
      It depends very much on the pricing, on your proposed traffic-sources, and on your continuity-process with your subscribers, too.

      I've heard that promoting private jet chartering, as an affiliate, can be a hugely profitable, and as you can imagine that's a pretty small niche.

      Looking at the AdWords ads, how many different ones there are, and how regularly they're displayed can provide some valuable clues, too: if people are repeatedly spending money on PPC advertising, that's a pretty reliable indication that there's money in the niche, anyway.

      Some of the very big niches are also the most competitive, and can be significantly harder than others to break into. Niche profitability is more significant, overall, than niche size.
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      • Profile picture of the author Daniel Evans
        "Big" and "small" in relation to niches doesn't generally work too well since they are often words which are taken out of context.

        A "big" niche isn't one that's popular. A "big niche" means a big gap in the marketplace which is unpopularity.

        A "small niche" signifies a populated marketplace.

        You can generate effective sales from both small and large niches.

        You can have many potential buyers in a popular and competitive niche (a "small niche") and you can have many potential buyers in a larger, less popular niche (a "large niche") which, because of it's lack of popularity, you will stand prominently as one of few suppliers within that sector.
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  • Profile picture of the author TimGreen1
    When selling things pretty much everywhere, there are two approaches you can take.

    1) Sell lots of items for a small price

    2) Sell a small quantity of items for a large price

    If it is a reasonably small niche, do you think you would be able to sell a small amount of items for a large price?

    If so then you're onto a winner, so long as there is demand for your product.
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  • Profile picture of the author shaunfm
    Amazon top 100
    Ebay hot products
    Google trends
    Choose the unique products,do Keyword research,local search no lower than 300 per month and monetize!
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  • Profile picture of the author thedanbrown
    Search through clickbank and see if there are already products related to the problems in the niche.

    If it's on clickbank then chances are it's a profitable niche
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by thedanbrown View Post

      If it's on clickbank then chances are it's a profitable niche
      How I wish that were true.

      That's sometimes just an indication of vendors hoping it's a profitable niche. Or imagining that it is, and adding their product to the many that don't sell.
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