Nextebizguy » Niche Markets

Making Money Blogging

Nextebizguy — Fri, 01 Sep 2006 13:09:00 +0000

So can you make money from blogging with investing little money yourself? One guy is doing it using blogger. Here’s the formula:

1. Research a niche term
2. Start a “blogger” blog (free)
3. Post articles relating to this niche term
4. Slap some adsense on the page or other affiliate links

Sounds “easy” enough eh?

Some concerns raised are:
1. Blogger “could” delete your blog on a whim (unlikely but possible).
2. You’re writing on topics you don’t “care” about and thus it’s just a “job”.

Philosophically, each person has to decide what’s their end goal. If it’s job “satisfaction” then yes, you might not want to create multiple blogs on topics you don’t care about. For me, if you are successful at it, you could outsource the blog writing for a minimal amount of cash. People are writing on topics for 0.02 to 0.03 cents a word on Digital Point. You could turn this into a blogging empire.

Niche Thoughts

Nextebizguy — Sun, 26 Mar 2006 12:00:00 +0000

The ebiz life is challenging (to say the least). Some people promote that you should do ebiz on what your passions are. The conventional thinking is that is what will keep you motivated and interested. While I agree to a point, I have to disagree if your passion isn’t interesting enough to sustain a business. Of course, this all boils down to your goals as well. Do you want to quit your 9 to 5 job? You’re going to need more than a dollar a day off adsense.

I’m becoming more convinced that the key to success is finding out what people want, not what my passion is. I have a passion for military flight simulators, but that market is practically dead. The Playstation (TM) revolution all but killed it. I’m going to strongly suggest you research what people want first before you start an ebiz.

So how do you find it? One place I check regularly is: Top Sellers! Pick a section and compile a list of what are the most popular sellers. Looking through books on computers/internet, I compiled a list of popular categories.

Computer Books (like books on Excel, PHP, Software coding)
Photoshop Books
Game Guides
eBay
Web Design

Top sellers motivate me because these are the things people are actually buying. This isn’t speculation about interest in buying, it’s the real deal.

Take eBay for example. An Overture search shows that the term “eBay” is searched for 454,823 times a day. Looking at the top sellers, books on how to sell things on eBay rank highly. I would venture to say that there is enough interest to explore a niche website. It might not be your passion, but the traffic shows there is ample interest.

The hardest part is being creative in finding that subset of eBay interest. What angle can you approach that others aren’t? What can you do better than others are already doing? Remember as well that you can always buy content. Find the niche and then spend a few dollars for original articles.

Year in Review

Nextebizguy — Thu, 29 Dec 2005 19:10:00 +0000

Google has released the 2005 year in review. I would suggest you take a look and see if you can’t find some niche mixed in with the most popular searches for 2005.

Niche Markets

Nextebizguy — Tue, 29 Nov 2005 20:46:00 +0000

The Holy Grail (TM) of any ebiz is the NICHE MARKET. Ever elusive but gold if you find it, the niche market is the rare jewel and fountain of ebiz wealth (or so they say).

Technically you can define a niche market as a small portion of a market that is not readily served by a mainstream product or service.

The hope is that the small ebiz company can effectively reach this neglected or under-serviced market. But even if you find a niche, you still need to determine if the segment is online and if they have cash to spend on your product.

Niche thinking:

Computers (Grand Canyon here, too big)
Gaming Computers (ok, getting better)
Cheap PC Gaming Computers (even better)

There are still layers to peel to get to a core, but this is on the right track.

For me, I am looking to find niche markets that I can use for affiliate programs. I read this thought provoking story and it sparked some ideas.

http://www.associateprograms.com/search/affiliate-programs.shtml

My immediate goal is to set up some affiliate accounts with computer/electronics sites (though the payout sucks at 3%-5%). A little niche marketing skills just might find me a 1000 dollar a month affiliate website.

Tune in for updates…