Choosing what you like or what makes money?

by ymest
36 replies
Hello there,


When you decide to choose a new niche/ blog, do you make the choice because you like the subject, are interested in it, have some good knowledge or do you choose purely because there is a need and you can bring some solutions to your readers?

I am currently going through CB trying to find what would be both something that interests me and at the same time sth that brings something more than 20 bucks and it is not easy.....

Any thoughts??

Thanks!

Yoan
#choosing #makes #money
  • Profile picture of the author ~kev~
    I picked a niche because its what I do in my free time:

    hiking
    camping
    hunting
    fishing
    backpacking
    gardening,,,,,,,,

    What I do on the weekends usually ends up as a blog post.

    A couple of weeks ago I was out running trotlines on a local river, so I made a video about it and posted something about it on my blog.

    Last weekend the nature club I am in made a field trip, so I posted something about it on my blog.

    Hunting season is right around the corner. In the next few weeks I will be making videos and about tracking and hunting.
    {{ DiscussionBoard.errors[4481291].message }}
  • Profile picture of the author gmcdonald
    Have you ever blogged on relationship counseling. I have 10 to 15 friends that frequently call me for some back to the basics blunt advice. Just sayin. Check it out.
    {{ DiscussionBoard.errors[4481299].message }}
  • Profile picture of the author jonatan
    I have noticed that this is common question here on the forum and my advice (as always) is:

    Pick one niche that you believe in and stick with it. Be determined and follow through and don't give up. You can choose from a wide variety of niches but the most important thing is to stick with your idea and follow through. The most common mistake that people do is jumping from niche/program to niche/program and, sadly never gets any done...

    1. Keep learning and build your skills.
    2. Get help and ask questions.
    3. Take action and apply your training.

    Hope that helps. Good luck!
    Signature
    Get your FREE 7-part Mini-Course and Discover How You Can Go From Making Nothing
    To Making a Significant Income From Home: CLICK HERE
    {{ DiscussionBoard.errors[4481333].message }}
    • Profile picture of the author ymest
      Originally Posted by jonatan View Post

      I have noticed that this is common question here on the forum and my advice (as always) is:

      Pick one niche that you believe in and stick with it. Be determined and follow through and don't give up. You can choose from a wide variety of niches but the most important thing is to stick with your idea and follow through. The most common mistake that people do is jumping from niche/program to niche/program and, sadly never gets any done...

      1. Keep learning and build your skills.
      2. Get help and ask questions.
      3. Take action and apply your training.

      Hope that helps. Good luck!
      I hear you. I already have one blog and it is going ok, but I am not overly happy with it like I wouldn't say it is my favourite subject but it does bring some money. NExt step for me is to find sth that i really LIKE and can monetize...hence my question and my recent quest through clickbank etc...

      Thanks anyway!
      Have a great day
      {{ DiscussionBoard.errors[4481397].message }}
  • Profile picture of the author RHert
    Make sure you don't spread yourself thin. You can do one thing and give it 100% or ten things and give 10% on each. Needless to say 10% isn't going to make you much money.
    Signature
    Copywriting at it's Best! - Tips and tricks to connect with your reader.
    {{ DiscussionBoard.errors[4481421].message }}
    • Profile picture of the author myob
      Find a marketing system that works for you in a profitable niche, then scale it up. Currently I market in 53 completely different niches using one simple marketing formula. They're not niches I particularly enjoy, but they are extremely lucrative, which gives me the freedom to not have to monetize anything that I really do enjoy.
      {{ DiscussionBoard.errors[4481428].message }}
      • Profile picture of the author ymest
        Originally Posted by jonatan View Post

        I have noticed that this is common question here on the forum and my advice (as always) is:

        Pick one niche that you believe in and stick with it. Be determined and follow through and don't give up. You can choose from a wide variety of niches but the most important thing is to stick with your idea and follow through. The most common mistake that people do is jumping from niche/program to niche/program and, sadly never gets any done...

        1. Keep learning and build your skills.
        2. Get help and ask questions.
        3. Take action and apply your training.

        Hope that helps. Good luck!
        Originally Posted by myob View Post

        Find a marketing system that works for you in a profitable niche, then scale it up. Currently I market in 53 completely different niches using one simple marketing formula. They're not niches I particularly enjoy, but they are extremely lucrative, which gives me the freedom to not have to monetize anything that I really do enjoy.
        53 DIFFERENT NICHES? Waaow!! I use Article marketing + syndication mostly! Blog commenting a bit... but quite unexperienced on this particular point!

        Thanks for the tips!

        Yoan
        {{ DiscussionBoard.errors[4481697].message }}
        • Profile picture of the author myob
          Originally Posted by ymest View Post

          53 DIFFERENT NICHES? Waaow!! I use Article marketing + syndication mostly! Blog commenting a bit... but quite unexperienced on this particular point!

          Thanks for the tips!

          Yoan
          LOL! That is exactly the basic foundation of my entire marketing system. Start with 1 niche, locate say 200-400 syndicated outlets (niche ezine publishers, blogs, relevant websites, etc) for regular article submissions. Once established, you only need to write one article every 1-2 weeks. Then scale it up 53 times (hire some writers), and that is my marketing plan. Did I say simple?
          {{ DiscussionBoard.errors[4482183].message }}
      • Profile picture of the author theory expert
        Banned
        Originally Posted by myob View Post

        Currently I market in 53 completely different niches.

        I'm sorry you said 53 different niches?

        Not in the same genre, for instance, 3 in the financial related niche, 5 in health, etc?
        {{ DiscussionBoard.errors[4482514].message }}
        • Profile picture of the author myob
          Originally Posted by Team X View Post

          I'm sorry you said 53 different niches?

          Not in the same genre, for instance, 3 in the financial related niche, 5 in health, etc?
          Actually, there is some overlap in genres, but these are distinct niches targeting widely different demographics: economics, health, medical, pharmaceuticals, diet and fitness, recipes, financial, real estate, technology, biotechnology, genetics, energy, art, fashion, jewelry, literature, architecture, engineering, history, ancient civilization, hobbies, biography, sociology, education, religion, philosophy, mythology, occult, astrology, conspiracies, UFOs, end of the world, politics, criminology, security, sports, travel, aircraft, space exploration, agriculture, chemistry, physics, astronomy, cosmology, psychology, zoology, ecology, biology, archaeology, geology, oceanography, climatology, meteorology, pornography. (well, 54 now)
          {{ DiscussionBoard.errors[4487025].message }}
          • Profile picture of the author JamesGw
            Originally Posted by myob View Post

            Actually, there is some overlap in genres, but these are distinct niches targeting widely different demographics: economics, health, medical, pharmaceuticals, diet and fitness, recipes, financial, real estate, technology, biotechnology, genetics, energy, art, fashion, jewelry, literature, architecture, engineering, history, ancient civilization, hobbies, biography, sociology, education, religion, philosophy, mythology, occult, astrology, conspiracies, UFOs, end of the world, politics, criminology, security, sports, travel, aircraft, space exploration, agriculture, chemistry, physics, astronomy, cosmology, psychology, zoology, ecology, biology, archaeology, geology, oceanography, climatology, meteorology, pornography. (well, 54 now)
            Haha. Nice list.
            {{ DiscussionBoard.errors[4487346].message }}
  • Profile picture of the author JSProjects
    The advice I always give anyone new to the IM world is to pick something that you're passionate about. It's going to take awhile to learn the ropes. Having an actual knowledge in your niche is vital in the beginning. It makes the learning process so much easier.

    Once you're ready to launch your second, third, fourth, etc, site you can start to branch out a little.
    {{ DiscussionBoard.errors[4481443].message }}
  • Profile picture of the author Jaymark
    Ideally you choose a topic you are passionate and which has decent search volume. That is best of all worlds. Alternatively if you choose a topic which allows you to contribute useful content, start doing that. Eventually people will see that what you write about has value so they will tell their friends, etc.

    If you establish yourself as a knowledgeable and helpful person, it can only work out better for you in the long run.
    Signature
    Article Writers - American article writers, sharp pricing, quick turnaround, quality articles and web content
    {{ DiscussionBoard.errors[4481484].message }}
  • Profile picture of the author unnatural
    Choosing a topic you are passionate about is definitely the better route for long term success.

    Like others have said, you don't want to spread yourself thin. However, I would suggest a couple other "side" projects if the subject you are passionate about isn't a hungry niche. That way you can build on your long term project while still making some money off less interesting (but high paying) topics.

    Just be careful not to jump around too much or you'll end up getting nowhere in the long run.
    {{ DiscussionBoard.errors[4481599].message }}
  • Profile picture of the author Kerry Finch
    All the passion in the world won't create a market. I like to find a niche where there is demand, need, and solutions that I can deliver. If it is something I'm interested in, then that makes content creation easier - but if is a hot, profitable market that I'm not already knowledgeable about, then I make it my business to learn about it by finding authority sources.

    Just because it is your passion, or your great idea, doesn't mean that others share your enthusiasm.

    When looking for affiliate products to market, consider that it usually costs the same amount of time and effort to market a $500 product as a $20 one - perhaps looking beyond CB is a good idea.
    {{ DiscussionBoard.errors[4481657].message }}
    • Profile picture of the author Jacko
      I have to agree that it's much easier to write
      and market about something you have a passion.
      But I prefer to go where the needs, opportunities and money are.

      If you find a profitable niche you don't like
      or don't have the knowledge about you can always
      study and learn it or outsource.

      Kerry explained it very well:

      Originally Posted by Kerry Finch View Post

      All the passion in the world won't create a market. Just because it is your passion, or your great idea, doesn't mean that others share your enthusiasm.
      {{ DiscussionBoard.errors[4481815].message }}
    • Profile picture of the author SKWeaver
      Originally Posted by Kerry Finch View Post

      All the passion in the world won't create a market.
      Well said! At the end of the day, it's all about profit. The "secret formula" is and always will be: find a need and meet it (and make a profit in the process).
      {{ DiscussionBoard.errors[4482090].message }}
  • Profile picture of the author pjdengler
    It is often a good idea finding something that you are interested in. I have found that it keeps my motivation higher and it is just easier. There are times though when it is necessary to go after topics in which you have no interest though.
    {{ DiscussionBoard.errors[4481938].message }}
  • Profile picture of the author masterpeez4py
    for me i would prefer things that make money than passion just because most of the niches that makes money are not what you like. for example for Good seo purpose you really need a NICHE with low comp. and that means you can easily ran your site for that niche/ keyword. if your site is ranked= more cash for you through adsense or clickbank. So most of the time the niche that i find profitable are not what i like or what am passionate about but because it makes money i go for it, afterall what am i an internet marketer for? if i can work on any thing that really works well. thanks for asking i really like a discussion class like this, it helps to clarify issues one might have. thanks again
    {{ DiscussionBoard.errors[4481977].message }}
  • Profile picture of the author hpad06
    do it for the money, you have 50% chance not making money, do it for what you like, you have 90% chance make money, go figure...
    {{ DiscussionBoard.errors[4481986].message }}
  • Profile picture of the author marcuslim
    Pick something that is at the intersection of passion, profit and skill. It is always preferable to pick something that you are passionate about with the skills in it. But if it is not a profitable niche, you'll have no chance of making any money, if that's what you want. So some people say 'do what you love and the money will come'. This is not true. Rather, do what you love in the right niche and the money will come.
    Signature

    Please read the forum rules.

    {{ DiscussionBoard.errors[4481989].message }}
  • Profile picture of the author Tiptopcat
    I think it all depends on the type of personality you have and your work ethic. If you are completely new to this then the best choice is to focus on one particular topic or niche and work hard until you earn your first few dollars. Regroup, rinse and repeat.
    {{ DiscussionBoard.errors[4481998].message }}
  • Profile picture of the author sbucciarel
    Banned
    There are plenty of "passions" that would not be profitable. I create sites based on keyword research with the goal of making money with them.
    {{ DiscussionBoard.errors[4482036].message }}
  • Profile picture of the author CapitalB
    Find out what people are actually paying for in niches that you like. If your niche is tightly focused, you'll be more satisfied and you'll get more targeted and qualified traffic.

    For instance, if you like to fish, what type of fishing do you do? narrow your focus down to the type of fish you fish for and the specifics of what you have found is useful. Such as the specifics of your rod and reel, the specific time of year, the specific time of day.

    Most people search online for "specifics" and not generalities.

    hope this helps.
    {{ DiscussionBoard.errors[4482101].message }}
  • Profile picture of the author alantay
    Basically writing what you like is the best out there. That can keep your blog fresh for a long run. If you write what you think best, but not you like, you might stop somewhere. As a result, your blogging project might fail. It is not impossible, but just more difficult.
    Signature

    Alan Tay

    {{ DiscussionBoard.errors[4482107].message }}
  • Profile picture of the author DIABL0
    Your passion could simply be marketing.

    I've been doing this a long time and I have never once marketed a product, service, etc... that I had any personal interest in.

    For me it's always been about the marketing system / being able to generating cost effective traffic. Then I just find a product, service, etc... that worked with the system and makes good money. Once what I was marketing ran it's course, I would then find something else to replace it with that works. At any given time I "try" to have 7-14 different projects going.
    Signature
    How to Build LARGE EMAIL LISTS on a Budget and MONETIZE Like a PRO
    19 Years Exp . . . . . . . . . . . . Email - CPA - PPL
    {{ DiscussionBoard.errors[4482352].message }}
  • Profile picture of the author imdomination
    Another vote for whatever makes me money over here. I don't have all that many hobbies and interests anyways apart from working, so I don't actually mind, and this way I learn a lot about a ton of random things.
    {{ DiscussionBoard.errors[4482476].message }}
  • Profile picture of the author IMWinner
    I think you can do both, choose niche that really interest you and at the same time, can help you earn some money. Since, it is really that difficult to maintain something which we are not interested in just to make some money. I mean, if you don't love what you do, the result will always manifest your dislike or disinterested for the work.
    Look for things that interest you, and use that niche to make money online. You can look for your "market" for your niche, and can work from there. You are earning decent money, and at the same time, you love what you are doing.
    When you want to work on something, you have to be passionate about it. Your passion to your work will always manifest in your result, which means, the love for work is clearly presented in the result of your work.
    {{ DiscussionBoard.errors[4483279].message }}
  • Profile picture of the author uebomoyi
    The truth is that it's very hard to find such a thing. I learned with IM that the people who survive and make a living off of this stuff only win when they make a commitment and continuously add content and won't stop until they make a profit. And even after they make a profit they stick with it. If you want to make money with the IM niche, I would suggest treating your business like an offline business and provide quality content so you could generate consistent traffic.
    Signature

    {{ DiscussionBoard.errors[4483302].message }}
  • Profile picture of the author handy
    Pick a niche that you are personally interested in because if not you'll get sick and tired of it real fast.
    {{ DiscussionBoard.errors[4483309].message }}
  • Profile picture of the author Jim X
    Yoan,
    I think you should pursue something that you love. I am in the IM niche. I made that decision before I fully understood the possibilities available with internet marketing. However, I have become passionate about it. I do intend to branch out eventually.

    It kind of depends on what you are interested in though when it comes to CB products. That being said, what's keeping you from creating your own product?

    I do agree with some of the other replies about doing research. If there is no market for your passion then who is going to buy? But if there is something of a market and little competition, you may have a winner.

    My advice: Take your passion, research it. If it looks profitable, go with it. If not, find a profitable niche and become passionate about it.

    James
    {{ DiscussionBoard.errors[4483374].message }}
  • Profile picture of the author Targeted Traffic
    Finding your niche follows the law of supply and demand. It also follows trends and takes its cues from historical data.As for me, when you choose your niche you should possess proficiency in it. You must produce excellence if you are just about to start right now because of saturation and high level of competition.
    {{ DiscussionBoard.errors[4484160].message }}
  • Profile picture of the author jvjoe
    Some times I pick up a niche I find trending, while some other time if I have ideas or have little experience with it.
    {{ DiscussionBoard.errors[4487287].message }}
  • Profile picture of the author ajona
    I always have problems with this exact problem. It's a difficult one and I still can't say I've found the right answer at all.
    {{ DiscussionBoard.errors[4487316].message }}
  • Profile picture of the author Jacob Cuculiza
    Do what you like and the money will come :-) But you could of cause choose 1 of the things you like - that would give an okay amount of money.
    {{ DiscussionBoard.errors[4487357].message }}
  • Profile picture of the author RanD
    Go for what you like, and what can make you money in the process.

    Some people can be passionate about anything that makes them money, and find ways to make it work, but most people can't. They try and fail, and walk away believing that IM doesn't work. It is hard to write for things you don't care about. The work is so much easier, when you actually have an interest in the niche. Just make sure you can monetize it properly before committing to it.

    Down the line you may realize that you are one of those people that can sell anything. If that happens, go for it.
    {{ DiscussionBoard.errors[4487416].message }}

Trending Topics