How to choose a niche that you LIKE and is PROFITABLE at the same time?

Hi kretchi!

Every niche is profitable, seriously. I think choosing a niche is one of the BIGGEST roadblocks for most, you're not alone!

With the things you like to write about, who would be your target audience? What kind of things would your target audience be interested in reading about and what do you think your audience is in the market for buying?

Niches, are like trees. Lots and lots of branches. Yep, every single subject you can think of. From there you want to explore each branch, find social groups, forums, if any, and start putting your name out there!

For monetizing, take your main niche subject and go snoop around Amazon, Ebay and such and find products/ideas that relate to your niche. That will help you branch out. You'll be surprised at the way you will get flooded with ideas.

Don't forget that every search engine always has 'suggested searches'. You can use this to find ways to branch out, too.

Without really knowing your niche(s) that you're interested in, it's kinda hard to help other than the generics I've posted.

~ Theresa

Hey man !

Most niches are profitable, meaning you can make money. How much, that depends !

To find good niches, just look at ads. If you see ads about that niche, you know it's making someone money

That's the first thing I like at.

Second is "are people ready to buy stuff in that niche ?". If yes "Is there enought people" then "Can I reach them easily'.

If I get 3 yes, I know I'm onto smth

What niches have you found that are not profitable?
Perhaps there are other ways to make them profitable?

I go where the demand is. If you want to have fun in a profitable but boring niche.... automate it, then go live your luxurious life.

Why don't you try to combine niches like philosophy and IM for example. Or at least try to go micro niche and you might find some crossover with more popular subjects like philosophy and dating.

Basically break down the philosophy niche further.

You should target buying keywords in your niche. Identify what the buying keywords in your niche are first, then you formulate your blog posts around those same keywords.

When you have pre-qualified buyers landing on your sales pages, they will be more likely to buy from you. Especially if they have purchased similar products in your niche before

Im going through a similar process. Looking for gaps in the market, listening to the language being used, looking for questions that are being asked repeatedly...determining my strategy etc...
"Seek and ye shall find"

Hi Wilson,

The key to any successful online business is not only one which produces
a tidy profit, but one which you enjoy.

Can you imagine pushing a niche which you make money on, but don't
have a passion for. In the end it would come back and bit you on the bum,
as the chore of doing it would finally takes it toll with your brain.

Moving from interest/passion toward commercial viability is definitely a critical part of business planning. It usually means immersing yourself in top sites around your interest/passion and discovering what they are promoting...this will give you some ideas on the commercial side.

You can also take a look at top political videos on Youtube and see what ads are being placed against them - same thing on Facebook.

In addition - "politics" is not really a niche, "liberal politics" or " environmental politics" or "conservative politics" are closing in on niches and within those, you can even drill down further...if you really want to target an audience within politics you have got to narrow your niches...at least if your intent is market them offers down the road. Once you have a specific audience you can identify what it is they will want (liberal political books, certain products they tend to trend toward, fashions, etc...)

There is always a way to segment a market to find commercial viability - it takes some detective skills :-)

I think that you may just focus on niches that are profitable before only targeting those that you have the most interest for. Having quick victories seems more important at the start. Picking a niche that has shown its potential for marketers can be fairly easy to do. Once you have sales or conversions on that niche, you may try to implement what you have learnt to less profitable niches that you feel more attracted to.

Determine if the profit potential is sufficient.

But I'm an advertiser so my requirements may be different from those chasing search traffic.

Don't be so fast to rule your passion out, which you stated were politics and philosophy. They can be profitable IF ...

You can attract a large audience or what marketers call Eyeballs. That's the key. If you can do that other marketers will gladly pay you money for the eyeballs you attract.

So, try thinking laterally in regards to your niche. Not what you can sell, but what niche content you can provide in regards to politics or philosophy that would attract a larger amount of eyeballs.Then sell those eyeballs (readers, subscribers, etc.) to other marketers. That's basically what Facebook, Twitter and other social media sites do, who also first wondered how they could monitize what they were doing.

You can view a large list of self publishing GURU Adrian Ingram's best selling niche books via google with the following search (and include the quotation marks):

"Grab this GREAT physical book now at a limited time discounted price!"

They all appear to follow the standard DIY and self-help modus operandi

Also of interest, Adrian is blogging about how he has at least 3 active KDP accounts and tried to sell one.

See blog post here: MARCH 2017: MONTHLY PROGRESS REPORT – Driven living

Wont Amazon ban you for doing this?

You need to choose a niche that you are passionate and knowledgeable about. Chasing popular niches will not always make you extra money. There is profit to be made on any niche big or small but the first step is becoming an expert in your field of niche.