WebMaster Solutions
Niche
Markets
Starting a
Profitable
Niche Marketing Business
by Kenneth Catto
What does niche
marketing mean? Niche marketing is about finding
small opportunities on the web, small areas in
which people might be interested and for which
they might be searching. Big companies and
experienced webmasters are not interested in
these areas because they are not important
enough. But a small business could be something
in which you might be interested.
Perhaps a small
mini website will not generate thousands of
dollars every month; it might generate 100
bucks, for example. That is ok, if the effort
involved in terms of creating this mini website
is not too high; in this way, you could repeat
the same business model again and again. Taking
into consideration that every small business
could generate around $100 every month, with ten
niches, you could earn $1.000 monthly. Does this
sound better? And what if you could create 50
websites?
The first step in
this kind of business is always keyword
research. You need to find small markets which
do not have competition. Word track is a very
good tool to use for finding niche
opportunities. For every keyword, it tells you
the number of searches and how many results are
found on each search engine. You need to pay
special attention to the KEI column. KEI is the
index that balances the number of searches and
the number of competitors. The more searches and
the fewer the competitors, the better for you. A
KEI higher than 10 is good, but you should,
ideally, look at keywords with a KEI over 100.
More than 400 is a gift.
Once you have
identified your niche, you need to find content
for it. Don't worry about which product you are
going to sell; this will come later. The “fuel”
of any Internet business is content. So where
can you find content? Well, if you are an expert
in an area, you could write your own articles,
but if you are not, you have to look for content
somewhere else.
There are many
article directories that offer a lot of content
that you can use. You can also find much content
just by searching the web. Use search engines,
find blogs, forums, websites, etc. Last, but not
least, you can always find information as in
“the old times,” go to the library or buy one or
two books.
After you have
found enough content, it is time to register a
domain name. You should choose a name that has
something to do with your target market, but if
your intention is to create multiple mini
websites, you don’t need to register a different
domain name every time. You can save money by
having one global domain name, and create sub
domains for each business.
The question now
is, “Since everything looks good, how do I make
money with these sites?” You need to follow this
3 step formula (CTM):
- Create Content
- Generate Traffic
- Monetize your website
You can build
traffic by optimizing the webpage content for
the search engines and by analyzing your
competitors in order to build a better SEO
strategy (but this is another chapter). Blogging
and pinging is a way to make sure that your site
will be spidered by the search engines.
WordPress is a very good option for creating
your blog, as it allows you to post, not only
articles, but pages. You can easily build
mini-websites with WordPress. Finally, there are
three easy ways to earn money with your site.
1. Sell some
product that you can create yourself. If you
have this ability and you want to allow people
to buy your products with a credit card, the
easiest way is to create a PayPal account. If
you don’t have one, visit www.paypal.com and
create one.
2. Join affiliate
programs. Find people who sell products related
to your market niche and who have affiliate
programs already set up. You will earn
commissions just by selling other people’s
items. A good place to find affiliate programs
on products is
www.clickbank.com.
3. Google Adsense.
Create an account at Google Adsense and include
Google ads on your site. Every time someone
visits your site and clicks one of those ads,
Google will share its profit with you.
Creating small
businesses is like a game. They do not require
high investment, but they will not make you rich
either. However, if you start playing many of
those games, it can become a serious business.
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