There are those who say all the profitable niches have been taken. Of course this just isn’t true. The internet and its users are ever changing. It’s an evolving and growing industry. That means there will always be opportunities.
The challenge is to find those opportunities and to recognize them. Here are the top tips to help you find profitable niche ideas.
#1 Start with what you know. Make a good long list of the things you know and would enjoy writing and/or talking about. These can be one word topics like Football, Beagles, cheesecake and so on. Don’t worry about the length of this list. You’ll be adding to it and if you end up with one hundred potential niches to research that’s just fine.
#2 Add what you want to know or are interested in. Add to your list the topics you’re interested in learning more about. If you have a passionate interest it can be a great niche.
#3 Use trend tools. There are a number of trend tools available online. These include websites devoted to business trends and social networking trend identifiers. Also, search engines post the most popular search topics for the day, week and month. Use these tools to help you brainstorm niches to research. You may find you generate a few new ideas or perhaps you’re starting to fine tune some of your original topic ideas. Keep that idea list growing.
#4 Pay attention to the masses. Get on social networking sites, blogs and forums. Pay attention to what people are talking about. What questions commonly arise? What are people curious about? What’s causing a controversy? Write down the niche ideas that come to you. You can research them later.
#5 Use online research tools. Use keyword tools to help you expand on your growing list of potential niche ideas. These keyword tools will help you brainstorm two, three and four word keyword phrases. For example, keyword research on “football” may generate Heisman Trophy Football Winners. If you love college football then this may be a potential niche. You could build an entire site on the history and controversies surrounding the Heisman Trophy each year.
There are other online research tools you can use. For example NowRelevant.com will show you everything about your subject for the past two weeks. Enter your keywords and it generates a list of website links. These links can help you brainstorm potential niches.
You now likely have a good long list of potential niches. Research them for supply and demand and start refining that list. Weed out the ideas that have little or no profitability. Keep the ideas that have merit or warrant further research. Profitable niches are there just waiting for you to uncover and take advantage.
Transcriptionist, passionate cross stitcher, writer at heart, wife, mom, and finder of lost shoes… Loretta Oliver, married to the comic book geek of her dreams and mother of four amazing young men, has been working from home full time since 2001. With a busy transcription service business, a few niche sites, and a handful of other internet marketing projects on the go, the computer is always fired up and the ideas are always flowing.