Niche Marketing Secrets – 49 page Free Ebook Download
How to Pick a Niche the Smart Way
It’s very easy to get excited about niche marketing. After all, how can you argue
with working only a few hours per week while enjoying a full week’s (or even a full
As awesome as the idea of online passive niche marketing
income may be, achieving this reality is another thing entirely.
This book dispenses with all the hype, exaggeration, and big
Instead, you get the framework you need to achieve greater success with niche
Far from learning a collection of quick hacks you can use, you learn how to build a
self-sustaining and self-reinforcing system that can ultimately lead to victory.
How to Pick a Niche the Smart Way I hope it’s abundantly clear to you that
a lot of people fail to make money online because they don’t know how
to pick niches the right way.
They end up building the wrong kind of business Regardless of how much
time, effort and money they put into their business, nothing seems to work.
At best, they’re forced to settle for cents on the dollar; at worst, they
don’t make any money at all.
Picking a niche the smart way involves several filters. You have to make sure that
you go through this process. You can’t skip a step. You can’t assume that you know
what’s hot, and you can’t wait to just build a website and get going. I’m telling you
your impatience will ensure the early death of your business, guaranteed.
Step #1: Start with Your Personal Interest
The first thing that you need to do is to be clear about your personal interests.
What kind of topics would you love to write about? What kind of topics would you
like to build a business on?
What makes this difficult is that a lot of people think that there is some sort of
right answer. This is personal. Some people might be excited over certain topics
other people couldn’t care less. What’s important is that the topic subject category
is attractive to you.
Here’s a shortcut. Ask yourself what would you talk about all day every day even if
you were not getting paid for it?
Give yourself a couple of hours to write down
everything that comes to your mind. No need to edit it. Just write it down. Even if
it’s just half an idea or it’s just a faint glimmer of an idea, right it down.
Step #2: Filter Your Topics by Search Volume
If you don’t already have an account at Google Ads, go ahead
and set one up. You can access this by typing in AdWords.com.
Log in with your existing Gmail account and set up an AdWords
Once you’re set up, look at the tools section and select Keyword
Planner tool. Type in the topics you’re interested in. Do this one
by one. When you do this you get a list of keywords related to that topic.
Look at those keywords’ average monthly search volume. This is an indirect way of
getting a rough idea of the overall demand level for those niches. Once you’ve
found the keywords for one niche and have listed their search volume numbers,
move on to the next keyword and then the next one after that.
Once you have gotten the numbers for all these keywords, pick the niches that are
in the middle. You don’t want niches that have too much search volume because
they most likely have a lot of competition. On the other hand, you don’t want
niches that have too little search volume.
Step #3: Filter by Commercial Value
On Google Keyword Planner Tool, next to each keyword’s expected monthly
search volume is a dollar figure. This is the estimate AdWords gives you
regarding how much advertisers will pay per click on ads that show that keyword.
This gives you a rough idea of the commercial value of each niche.
Again, line up the CPC value of the keywords, come up with an average and
then compare all the niches’ average values.
You should focus on niches that have a decent search value. We’re talking
at least $1 or more per click.
Again, this is the average click value.
Step #4: Filter by Competition Level
By this step, you have shortened your list quite a bit. The next step is
to enter each of the keywords related to the niches that are still on
your list into Google’s main search box.
When you do a search on Google, will tell you how many websites
ranked for that keyword. Take note of this. You will then see how many
competitors you have on average per niche.
With this information, eliminate niches on your list that have too much
Step #5: Filter Your List by Search Trends
Finally, go to Google Trends and enter the keywords related to the remaining
niches on your list. Look for a trend line that is going up or at least is flat with a
slight tilt up. This trend line tells you that your niche is not dying over time.
This is very important because you don’t want to build your business on a niche
that’s actually on its way out.
While the five filters above should be enough for you to develop a viable
online business, if you want to turbocharge your results and
increase your likelihood of success, apply the following additional filters.
Optional Filter #1: Filter by Social
Enter your keywords on major social media platforms like Facebook,
Twitter, YouTube, Pinterest and Instagram. Can you tell if there are a lot of existing
accounts on those places that talk about your niche? If there isn’t, delete the niche
from your list.
Optional Filter #2: Filter by Content “Virality”
For this filter, look at the group’s pages and accounts that target the niches that
target the niches that you have left on your list. Look at the engagement levels of
the content in those accounts.
Does it seem like there’s an organic active community built
around these niches? If the answer is “yes”, keep the niche. If
the answer is “no”, you might want to get rid of that niche.
Keep all these in mind because if at least the main five selection
factors are present, there’s a strong likelihood your business will be successful.
However, keep in mind that
niche election accounts for 90% of success. You still have to take care of the
remaining 10%. […]
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