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  • Why Hating Your Niche Will Make You More Money

    March 12, 2008 | By Monika Mundell |

    What niche are you currently servicing? Are you one of thousands who desperately tries to become the next Problogger and earn a bucket load with his blog, or have you finally seen the light and moved onto greener pastures?

    niches

    Successful niches have one thing in common. They often involve us having to write about things we hate. So why bother you might ask?

    Here is the thing - it is those niches that will eventually make you money! Especially if you have done your research right.

    Anybody can build a niche and with all the information available out there, you can learn everything you need to know. Even if you are a brand new beginner.

    The secret of doing it right starts with your research. It is the means to an end and if you scamper on this, your niche won’t make you enough money to pay for a movie ticket.

    The flavors of niche sites

    Niche sites do come in many flavors, perhaps the most popular being niche sites made for Adsense and affiliated niche sites.

    You don’t even need money to create your very first niche. You can use a Blogger blog and start building right away. A friend of mine makes insane amounts of money using Blogger blogs. He has tons of niche sites and the last time he mentioned his income it was around $9,000/month.

    Not bad for no down cost is it?

    Here is one way to build a great niche site

    You want to know the secret and how he does it? It’s simple really, all he does is score the Internet for the latest news clips and then quickly creates a new blog pertaining to this subject.

    As news hit the mainstream Google searches increase and by getting in early using proper SEO he manages to land on Google’s front page every single time. Guess on which link people click when they see his site amongst the top three with the relevant keyword thrown in?

    He then monetizes them by using affiliate programs and sometimes Google .

    It works a treat let me tell you. A blog I created on the fly like this back in December is still clicking around 50 unique visitors every day without having to do anything.

    The negative side of these type of niche sites are that they are relatively short lived. You build them, then you milk them and let go. Repeat the cycle as often as possible and it can be the start of a brand business.

    What you need to know. First off, it takes a while to get the hang on monetizing these niche sites properly from the beginning. Getting a feel for the topic helps, as you will soon learn what types of ads work and which ones don’t.

    If you are not afraid to trial out a little you will soon start to see certain patterns.

    Try it, its’ free (except your time investment).


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    Comments »

    Comment by Simon Drake
    2008-03-12 15:49:17

    Yes, let’s flood the internet with Niche Sites. Every and anyone can do it. I’m sure that’s what the internet was made for - grid-locking the information superhighways. Bruce Springsteen’s “57 Channels (And Nothin’ On)” can be re-mixed to “1.2 billion Blogs and Room for More”

     
    Comment by Monika Mundell
    2008-03-13 05:19:01

    @ Simon: actually niches sites can be and should be quite valuable of information. Yes, I figure you might worry about the thousands who aren’t, but then working on the Internet is also supposed to make money right?

    I’m sure you agree that nobody would work for free these days offline. So what makes you think online is any different?

    The good thing with niches is that you can work online AND make money. What is wrong with that?

     
    Comment by Ai Ling ONG
    2008-03-16 12:00:11

    This is an article which changes my perspective slightly. It’s a totally new idea, new concepts. Writing something you hate. hmmm… Thanks for sharing. Keep it coming!

     
    Comment by Justin
    2008-03-21 06:01:23

    This has been done and is being done by alot of people, some people put alot of dedication and work into making these sites a success but more often than not, people make lousy sites with copied content and try to monetize it. I guess if it works then fine, but most of the time its for a short period only.

     
    Comment by Monika Mundell
    2008-03-21 08:04:02

    @ Ai Ling ONG: you are welcome, nothing like using those brain cells. :-)
    @ Justin: that all depends how you set those niches up. If you load them with unrelated crap, then yes, they might work in the very short term. But if you do it properly, they will work long term.

     
    Comment by Ray
    2008-03-21 14:49:25

    @ Simon: The internet as well as just about any other media is full of crap stuff. Have you read the newspapers lately they are beginning to look like tabloids, have you seen the crap coming out of Hollywood. The internet is no different. If you are a “purist” than yes crappy niche sites will rub you the wrong way. But the truth of the matter is the “elite” who make money online with a top-notch site are far and few between. Niches sites when done correctly can provide enough info to be useful and make the developer money, that is of course if your intend is to make money. If you want to have a loyal readership because you want to write top-notch stuff than that’s a different course.

    @ Justin, you are correct in stating that if it is full of dupe content than it’s useless. There is a balance I believe of creating niches sites that have some benefit while still having the ability to be properly monetized.

    Monika: Good stuff by the way.

    Thanks

     
    Comment by Life is Colourful
    2008-03-21 16:41:25

    I think using blogger.com for this will be easiest way out when I was thinking how to make best of this idea. Wordpress might be little expensive idea [in terms of time to invest and getting domain names for each niche blog]

     
    Comment by Monika Mundell
    2008-03-22 01:50:55

    @ LiC: that all really depends on how you are setting your niches up. See, if you are using Blogger blogs you can down down the black hat road and be really nasty. Slap up some blogs, cash in and lose them.

    The benefit of this is that if you do lose them you don’t have to worry about money since you only work those niches for the short term anyway. BTW, I don’t do this myself but I know how it works since a good buddy of mine does exactly that.

    In my eyes it is much better building niches properly for the long term. Why would I want to spend all that time building a niche site only to lose it 4 weeks down the road. In my eyes that is stupid, but everyone to their own.

    I rather build a decent site using WordPress and build on that. The money I spend on the domains is nothing compared to the income potential.

     
    Comment by Kelly
    2008-03-23 01:32:40

    !! Strikes a cord! This reminds me of those blogs who talked about the wanted escaped terrorist Mas Selamat. Those who blogged early enough gets picked up by Google. (I don’t like politics nor terrorists that much!)

     
    Comment by Monika Mundell
    2008-03-23 02:10:48

    @Kelly: I’d be surprised if you did? That in fact would be a hard one to beat. LOL Even though we’d hate it. But then some other factor would come into play - it’s called a conscience.

     
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