Can you make money in ANY niche?

40 replies
I have heard you need to pick a niche that has potential to make money, and you have to pick a 'good' niche.

However, if you have a passion for it, does it really matter which niche you go into?

Is there money in any niche?
#make #money #niche
  • Profile picture of the author scrofford
    Originally Posted by Player87 View Post

    I have heard you need to pick a niche that has potential to make money, and you have to pick a 'good' niche.

    However, if you have a passion for it, does it really matter which niche you go into?

    Is there money in any niche?
    Some niche markets don't have as much money to offer as others. Some you really can't make any money at all with. You have to do your research and find a solution to someone's problem and offer it to them. That's the simple answer to your question.
    {{ DiscussionBoard.errors[4607307].message }}
  • Profile picture of the author SeoWizzard
    There are literally thousands and thousands of niches out there. The vast majority has some earning potential. You only need to do some proper keyword research about it. The profitable keywords usually have some advertisers bidding for that term, so if you see a keyword that has a good CPC then it's profitable.
    {{ DiscussionBoard.errors[4607308].message }}
    • Profile picture of the author panduari
      Originally Posted by SeoWizzard View Post

      There are literally thousands and thousands of niches out there. The vast majority has some earning potential. You only need to do some proper keyword research about it. The profitable keywords usually have some advertisers bidding for that term, so if you see a keyword that has a good CPC then it's profitable.
      HIGH CPC, yes i agree with u...
      Signature
      GUARANTEEE $3000/month, i made it in 2 months.
      just Check This Out before you late
      {{ DiscussionBoard.errors[4607350].message }}
  • Profile picture of the author Steven Miranda
    Well, technically you could but without enough buyers that are hungry for what you have profits will be minimal.
    {{ DiscussionBoard.errors[4607370].message }}
    • Profile picture of the author jwmann2
      What would set your content apart from everything else that is out there? I think that is one of the main questions you should ask yourself. Also, what other related companies out there could you form an affiliation with in order to make profits. Google Adsense is a great program for profits but the Ads are not always relevant to your content.
      {{ DiscussionBoard.errors[4610302].message }}
  • Profile picture of the author Henri Lind
    If you search for some keyword that you are interested in and you see google ads, then this should be a market where there is at least some money to be made.
    {{ DiscussionBoard.errors[4607486].message }}
  • Profile picture of the author sandrax
    I don't care which niche it is as long as there is:

    - Not to much competition
    - It should be a evergreen niche
    - I must have fun researching the topic/niche
    {{ DiscussionBoard.errors[4607488].message }}
  • Profile picture of the author Michael 999
    One thing I know there is no way to get tons of traffic to a site in a short time but this can be using automation software!
    {{ DiscussionBoard.errors[4607759].message }}
  • Profile picture of the author Jamie Charles
    I don't know about any niche.

    But I make a lot of my income from niches that most people wouldn't think are profitable.
    Signature
    Action! - Action! - Action!
    {{ DiscussionBoard.errors[4607809].message }}
  • {{ DiscussionBoard.errors[4607923].message }}
  • Profile picture of the author HeySal
    Can you make money in ANY niche?
    Some people can. Some people can just sell anything. I think whether you can be profitable in any niche is a matter of being able to find a solid market for the product and being able to present it to them in a way that makes them desire to have it.

    To do so takes more creativity than some people have. I see the same niches hit over and over again just because others say it's hot or because it's a trending topic, yadda, yadda - and then think about the 95% IM failure rate. Go figure.

    It's kinda hard to blaze trails when you never veer from the well trodden path.
    Signature

    Sal
    When the Roads and Paths end, learn to guide yourself through the wilderness
    Beyond the Path

    {{ DiscussionBoard.errors[4607972].message }}
  • Profile picture of the author convert2seo
    as long as you have people with $$$ in their pockets you can figure out what to sell them.
    {{ DiscussionBoard.errors[4608018].message }}
  • Profile picture of the author SeoWizzard
    Good niches are those involving evergreen physical products. People are already buying and will for a long time. From the top of my head, take fishing gear.
    {{ DiscussionBoard.errors[4608036].message }}
  • Profile picture of the author dsbusiness23
    I use Market Samurai and Advanced Web Ranking to do all my research for keywords. Market Samurai in its newest updates even lets you see how much potential daily earnings a position #1 website could make. You can't probably make money in any niche. I mean I tried to make money in the lower cholesterol market and never made a dime. Its all about the amount of research you put into your markets ahead of time. Just like a business offline would do!
    {{ DiscussionBoard.errors[4608058].message }}
  • Profile picture of the author CDarklock
    Originally Posted by Player87 View Post

    Is there money in any niche?
    Nope.

    About a year and a half ago, someone here on the forum noticed that there were a lot of searches on Google for terms related to monkeys.

    Through some twisted crime of logic, a bunch of people decided there was money to be made here, and many Warriors set up sites which fell into one of two categories.

    1. How to find, select, and care for your pet monkey
    2. General information about kinds of monkeys

    But nobody made any money! And it caused great consternation, because hey - the keyword research was spot on, and they were ranking highly in Google, and the traffic was coming in, but people just bounced and never clicked an ad or bought anything.

    And then, gradually, the truth came out.

    Some people really did want monkeys as pets, but they didn't really want to do what was necessary to have one.

    And some people really did want information on kinds of monkeys, but they were schoolchildren doing their homework.

    But most people were searching for funny pictures of monkeys. Not to decorate their homes, or to get on a greeting card, or anything like that... but to post on Facebook and send over Twitter and email to their family.

    There's no money in that. Not in the normal sense.
    Signature
    "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
    {{ DiscussionBoard.errors[4608350].message }}
    • Profile picture of the author Justin Jordan
      Originally Posted by CDarklock View Post

      Nope.

      About a year and a half ago, someone here on the forum noticed that there were a lot of searches on Google for terms related to monkeys.

      Through some twisted crime of logic, a bunch of people decided there was money to be made here, and many Warriors set up sites which fell into one of two categories.

      1. How to find, select, and care for your pet monkey
      2. General information about kinds of monkeys

      But nobody made any money! And it caused great consternation, because hey - the keyword research was spot on, and they were ranking highly in Google, and the traffic was coming in, but people just bounced and never clicked an ad or bought anything.

      And then, gradually, the truth came out.

      Some people really did want monkeys as pets, but they didn't really want to do what was necessary to have one.

      And some people really did want information on kinds of monkeys, but they were schoolchildren doing their homework.

      But most people were searching for funny pictures of monkeys. Not to decorate their homes, or to get on a greeting card, or anything like that... but to post on Facebook and send over Twitter and email to their family.

      There's no money in that. Not in the normal sense.
      Oh I dunno. Take some of the funnier one and slap them on POD tee shirts and what nit and sell them.

      Or let them see the thumbnails of the pictures, then put them behind a zip or email submit content lock to get big downloadable versions.

      Whether it'd be worth it is another matter, but you can squeeze money from any stone. Or monkey.
      {{ DiscussionBoard.errors[4610101].message }}
      • Profile picture of the author CDarklock
        Originally Posted by Justin Jordan View Post

        but you can squeeze money from any stone. Or monkey.
        Which is why I said "Not in any normal sense."

        If you're a complete freak that can't admit "this site is not worth developing," sure, you could get it to pay for the domain name and hosting fees. But you'll never get it to pay for your time.

        Feel free to waste yours, though. I'll be over here using mine on something useful.
        Signature
        "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
        {{ DiscussionBoard.errors[4610122].message }}
        • Can you make money in ANY niche? Only if it has been proven that there is a group of people who are constantly spending money in that niche.

          Otherwise you may find yourself wasting time and energy on a project that is destined to fail.

          You really have to take the time to see if people are actually buying products in that niche and more importantly, the type of products they are buying.

          It's much easier to find out what people want and what their needs are and then give it to them as opposed to trying to "make" them want whatever it is you have to sell.
          {{ DiscussionBoard.errors[4610211].message }}
  • Profile picture of the author murtuza
    it is important to do your research before you select a niche. Here's what you need to look...

    1. Niche has a good demand, use google keyword tool to check this out.

    2. It is profitable - Check whether adwords ads are placed in google for your niche and check out amazon whether books relating to your niche are being sold.

    3. Content - Check out whether there is sufficient content in your niche that you can research and write about.

    4. Products - Check whether there are sufficient products that you can promote as an affiliate or research to create your own products.

    5. Passion - Ya, you also have to be passionate about your niche so you'll love working building your site and business.

    These are the basics you need to checkout...
    Signature

    Want to know my true story & how I got started with my internet business? What kind of problems I faced to get started & how I finally cracked the internet code? I have also prepared a 30 day blueprint for you to get started. No signup is required, just rush in to check out pure content ==> how to start an online business - And yeah, if you like what you read don't forget to 'like' & 'tweet' it. All the best :0)

    {{ DiscussionBoard.errors[4608461].message }}
    • Profile picture of the author DeadGuy
      There really might be money in any niche, but how much effort are you willing to put into niches with dismal payouts? If the niche is your passion, however, you will at least get some self-satisfaction out of it.
      Signature

      You are making this work at home stuff way harder than it is. Ready for some sanity? Clear your head and start over.

      {{ DiscussionBoard.errors[4609027].message }}
  • Profile picture of the author Celeste Green
    Some niches just take more creativity than others to monetize. Which is no big deal if you're just doing a hobby site and have time to really nurture it.

    If you're trying to make money though, make it easy on yourself and pick a niche that already has some competition in it, meaning other marketers have already tested it out & found it profitable.

    I suggest starting with your interests/passions. Brainstorm a list of niches that appeal to you individually & conduct research from there. Compare your numbers for each potential niche and then go with the one that appears more profitable.

    You can still choose a more obscure topic but at least by doing some research you won't go into it thinking "I've come up with the greatest idea since sliced bread! No one's doing this, thus I'm going to make a million!" and then get shocked by a lack of demand.
    {{ DiscussionBoard.errors[4609891].message }}
  • Profile picture of the author mclauchlan
    There are lots of excellent posts on this thread with good information on identifying profitable niches throught research.

    Ultimately, success relates to the savvy marketer and not particularly the niche, but maybe the sub niche.

    If you look at the Sunday Times Rich list you'll see success has been made in many industries and niches. Sunday Times Rich List 2011 – Richest People In UK ‹ The Richest People In The World 2011
    Bottom line, successful marketers research profitable niches and make a success of it using business acumen.
    Signature
    www.johnmclauchlan.com
    Claim your FREE seat at my weekly Online Business Coaching session "Table Top Talks"

    Join The Conversation, and get your Online Business questions answered. Places limited.
    {{ DiscussionBoard.errors[4609944].message }}
  • Profile picture of the author clever7
    No, you cannot make money on any niche. This is pure illusion.

    I’m in a difficult niche because this is what I know (mental health). I face a fierce competition from very strong competitors. If I didn’t have this competition I wouldn’t have so many problems. Other niches are simpler and anyone can make money with them.

    I’m making money for giving a lot of free information and lessons to the public. I mean a lot... With all the original content I have already provided to the public all my links would be at the top if I was in a simple niche like internet marketing.

    Internet marketers help each other, while in other fields you have only many competitors who are loyal to their own products and refuse JV partnerships.

    {{ DiscussionBoard.errors[4609950].message }}
  • Profile picture of the author rrm
    Originally Posted by Player87 View Post

    Is there money in any niche?
    No. If a niche is merely something you can think up, it's easy to come up with a ton of legitimate niches that would be pretty near impossible to make money from, no matter how good you are at selling. It's one thing to be able to sell ice to an Eskimo. It's something else to sell a homemade hemorrhoidal cream to transvestite midgets in Copenhagen under the age of 30.

    Ron
    Signature

    It's not enough to want it... you have to want it enough.

    {{ DiscussionBoard.errors[4610109].message }}
  • Profile picture of the author seotechnician
    Originally Posted by Player87 View Post

    I have heard you need to pick a niche that has potential to make money, and you have to pick a 'good' niche.

    However, if you have a passion for it, does it really matter which niche you go into?

    Is there money in any niche?
    You can make money in any niche by doing all of the right marketing techniques (article marketing, video marketing, keyword analysis, SEO, etc).

    However, some niches make more money than other niches.

    If a niche is something people "need" versus something they "want", it will do better in this economy.

    Also, niches which appeal to people worldwide (as opposed to just one country) are a better choice.
    {{ DiscussionBoard.errors[4610154].message }}
  • Profile picture of the author celente
    Its kind of funny, but here are my 6 tips for making money in niches.

    1) Dont be a hero and think you can make money in any niche. Some niches are better than others. So remember that.

    2) Niches that have desperate buyers are always best, relationship, and financial niches do well for us. Especially no as the economy is crap and its putting pressure on financial situations and also strains on relationships.

    3) Niches that are untapped can be good, but it takes you time to become an authorive figure. We leant this the hard way, but now earn good money being the number figure for a very peculiar niche. :-) Try to become the figure head in your area or particular niche.

    4) Niches have tendancy to trend. Take the IM niche for example, things go hot, and things go cold. But there are evergreen areas in that niche, lets say - Video marketing that will be around for a long time. Where as Autoblogs, are just a money spinner.

    5) ALways reseach. Too many times newbie come in here and tell us we are scammers. Why? they didnt do the research and enter a non buying niche. Do your research, enter forums, blogs, communities offline to see what there is out there, and how passionate people are about the niche.

    6) This is a big one. Do not fear competition, enjoy it. If something is selling well, there is a reason for it...and it might be a good thing jumping infront to get your chunk of the pie. You can even study your competition. If they are doing well, its before they have good funnels, membership sites, upsells, downsells, and everything in between. Learn why they are so successful and do what they are doing.
    {{ DiscussionBoard.errors[4610178].message }}
  • Profile picture of the author Gary Ning Lo
    I suggest picking a in niche which you have passion + you already know people are making money.

    It's simple, don't over complicate things

    Cheers,

    ~Gary
    Signature
    -------------------------------------------------------------
    {{ DiscussionBoard.errors[4610927].message }}
  • Profile picture of the author 3bagsfull
    no - you can't make money in every niche

    check out Chris Guthrie's story -- he was known for his Halo site but it didn't make tons of money considering his traffic
    {{ DiscussionBoard.errors[4610981].message }}
  • Profile picture of the author Peter Gehr
    It's definitely great to have a passion for the niche you choose, however, in my view, the passion should come after the keyword research.

    Get passionate about your research results.

    There are numerous tools to help you determine the validity of a niche/keyword, but it boils down to having the cart before the horse if you simply have passion for something, but no concrete confirmation via research to assure you are not wasting your time, money and passionate energy.
    {{ DiscussionBoard.errors[4611013].message }}
  • Profile picture of the author uebomoyi
    Originally Posted by Player87 View Post

    I have heard you need to pick a niche that has potential to make money, and you have to pick a 'good' niche.

    However, if you have a passion for it, does it really matter which niche you go into?

    Is there money in any niche?
    No I don't believe there is money in any niche. There are tons of very small niches out there which people don't know about and you could be passionate about them, but sometimes the traffic just won't be enough to make you a good income. What I've learned is that it's best to just set up a salesfunnel and then step into an extremely competitive niche and basically just get a slice of the billion dollar pie. It's not that hard really. If you're committed and willing/determined, you could literally start making money within a couple of weeks.
    Signature

    {{ DiscussionBoard.errors[4611015].message }}
  • Profile picture of the author Nick Walker
    Even a free, learn niche will be able to get you large amount of money as long as you get traffic. Trust me traffic equals money. As long as you have traffic just sell some banner on your site and that will bring you decent money.
    {{ DiscussionBoard.errors[4611024].message }}
  • Profile picture of the author BenKJunya
    You need to be confident that you can effectively generate good search engine traffic to whichever niche you select. Income only comes when you have search visitors clicking on your ads. Accidental search visitors are more often than not better ad clickers than the dependable readers thus there are chances that this technique may just work in your favor. Loyal readers come for new substance and often do not pay heed to the advertisements. WordPress can help in building a site. It is blog content management software. It is easy to set up, handles most of the SEO for you and all you need to do is put up your content. Even a plain static HTML site can come in handy!
    {{ DiscussionBoard.errors[4611246].message }}
  • Profile picture of the author Izzy9
    If you have the passion for your niche, it will give you that push to work all out on your site. But in earning profit from a niche, you need to make sure that there is a target market for it and that the competition is not too stiff. Otherwise it can get frustrating at times. Good luck!
    {{ DiscussionBoard.errors[4611364].message }}
  • I think it's impossible to make money from any niche. For example, yesterday my friend asked if it was a good idea to pick a keyword "icici exchange rate". This keyword won't be profitable,besides it has high number of searches, as well as high CPC and low competition. But people looking for this keyword won't come to your site, they just need to visit the banks web page and get the information about their exchange rates.
    When choosing a profitable niche, first you should make a research. You may use Google keyword tool and check whether your desired keyword has a high number of searches, and if its CPC is high. Also you should take into consideration the competitor web sites, if you will be able to "fight" with them. And the another important thing is your content - you should be free to write the articles about your chosen niche.
    {{ DiscussionBoard.errors[4611521].message }}
  • Profile picture of the author Aviator Joe
    as long as you're interested in the niche you're after, then yes
    Signature
    Are You Serious About Affiliate Marketing?

    If You Are SICK of Being Stuck in the Affiliate Rat Race, CLICK HERE
    By Professional Marketers. For Professional Marketers.
    Got this product All I can say is WOW
    {{ DiscussionBoard.errors[4611713].message }}
  • Profile picture of the author GeorgR.
    Originally Posted by Player87 View Post

    I have heard you need to pick a niche that has potential to make money, and you have to pick a 'good' niche.

    However, if you have a passion for it, does it really matter which niche you go into?

    Is there money in any niche?
    The market determines the niche, IMO. No, there is not money in "any" niche...sometimes its a trial/error thing.
    Signature
    *** Affiliate Site Quick --> The Fastest & Easiest Way to Make Affiliate Sites!<--
    -> VISIT www.1UP-SEO.com *** <- Internet Marketing, SEO Tips, Reviews & More!! ***
    *** HIGH QUALITY CONTENT CREATION +++ Manual Article Spinning (Thread Here) ***
    Content Creation, Blogging, Articles, Converting Sales Copy, Reviews, Ebooks, Rewrites
    {{ DiscussionBoard.errors[4611716].message }}
  • Profile picture of the author IMWinner
    There are a lot of niches in the IM world, and you have to conduct some research about the niche/s that you are eyeing to do before you really start doing in that niche. You have to make some research if the niche/s that you have been preparing or planning do have a market and have a number of prospects to the market. I mean, it's like having your own fast food business. Before you will open your own fast food business in an area, you have to make some study if the product that you are trying to sell can be a good market in the area or the people in the community are into your products. After your study, it will clearly presents your decision whether you will want to open your store or not, if the study conducted is a positive, and then go proceed with your plan. If the result is negative, then you might want to think again about what you are planning to do with your business.
    It is true that there are niches that can really generate more markets and consumers than others, since there are niches that don't really makes some money or if it generates some money, a bit smaller than the other.
    It is very important to conduct some research before anything else.
    {{ DiscussionBoard.errors[4620453].message }}
  • Profile picture of the author Peter Gehr
    If you want to be successful in IM, it definitely pays to put your research first.

    For example, if someone is passionate about "green lipped whistling mussels from the south seas" it may be a challenge finding enough potential buyers to even make a sale.

    But, if one is keen on what the research results reveal, then chances of making money have increased dramatically--even if it's something you may not know much about.

    Keyword research will be your lifeline and if it's neglected, you may waste a lot of time and money in the process.

    There's nothing wrong with blogging about a passion you may have, and the internet is full of these blogs, however, most of them are not making money.

    It's much the same as a trader in the stock market. He doesn't go out and say, "I'm going to put my money into "Purple poker dot rice" stocks, just because I like it."

    A good trader who wants to make money will find out exactly what is going to make him money by research, graphs, technical analysis, fundamental analysis etc., and if the research reveals that "Cotton" ticks all the boxes, then he will invest in cotton--even if it doesn't interest him. He's only interested in what his research shows.

    It's very much the same with IM.

    It's all about 3 things:

    1. Research
    2. Research
    3. Research
    {{ DiscussionBoard.errors[4771958].message }}
  • Profile picture of the author Alex Kage
    Almost any niche is profitable. You know the idea of selling someone something he does not need or selling someone his own stuff(like the idea of taking his cat and making him believe that he needs to buy his cat), that kind of idea(metaphorically speaking).
    {{ DiscussionBoard.errors[4772237].message }}
  • Profile picture of the author tolxeaquarius
    you should always check the gravity if a niche or particular product is profitable.
    {{ DiscussionBoard.errors[4772334].message }}

Trending Topics