Find your niche
Are you worried and cannot find your niche. Everyone cannot be the Walmart, amazon or eBay, be it online or offline, which stores literally everything you need from getting up at morning till you drop dead on your bed.
As go down filter your niche, chances of your profitability grows. Read on how to select your niche in 4 easy steps. This selection process of your niche has nothing to do with online or offline career. It is a general guideline to achieve your goal, however you can apply it to your blogging career without second thought.
There are various articles available on the internet showing the profitable niche areas where you can try yourself as a blogger or in online career. I am asking you the other way round. First find the niche area which you like or you are master at, then everything shall fall in line.
Write down all the things which you love to do in present or would love to do if given a chance, also write possible ways of generating revenue out of it by solving others problem. Everyone else’s problem could be your opportunity. solving others problem is the key. People pay for anything that would solve their problem. Keep this in mind.
A. Swimming Possible business opportunities are - I can be swimming participants in various tournaments - Write blogs about swimming - Train others on swimming
B. Software programming
– Participate in freelancing.com style online bidding.
– Create custom software for the people I know and increase your network with the people you know. – Write blogs about coding and its issues and solutions.
C. Equity market trading
- Actual trading on stock market - Giving tips and writing blogs and charging money for help in selection of correct scrip.
D. Product reviews
– I know lot of outlets with big discounts on daily needs.
– I can write a good product reviews on Daily needs.
– Producing grains, vegetables and cereals and sell them in the market
Now filter out unneeded things by asking these questions to your inner self.
Find Challenges – What are those things which can be achieved but need considerable training or support? It could be logistics or monetary or both
We shall list down only the big challenges we may face.
Though I love to swim, I need a lot more practice and training to be able to participate in tournaments and make career out of it. I am quite a newbie for swimming so writing blogs are also out of question. Training to others also rules because I myself is not yet ready.
B. Software Programming
I know software programming and I can program for custom orders received. Participating in freelancer.com style bidding can be frustrating at times, as people are bidding for too low prices. Establishing your name in thousands of developers from around the globe can be a daunting task. I need training or may be trial and error method to get into it.
C. Equity Market Trading
Actual trading on stock market is never an easy and it can literally drains your emotions if not executed properly. To give credible tips / punter calls on scrips can take years together for you to gain the investor confidence.
Though I love farming, It needs rigorous hands on training and a huge investment in land and machinery, which could out of reach for many who have already settled in cities and no connection to farming or no properties at the countryside.
Consider removing these items from your list. resulting removal of lot of noise from the to-be niche list. Considering the above points we can safely remove Swimming, Equity Market trading and Farming from our list. That leaves us with Software Programming and Product reviews.
Find possibilities in what are those things which you can do with little bit of training or support.
Look for the training courses in your area. If it is the certification or online of training then you can check out Alison.com. You can further remove the noise by removing those items for which training or support cannot be easily available. Even remove those items which requires considerable amount of monetary investment, which may not be possible at times.
We have already removed such choices due to various factors.
Now think deeply on what are those things which you would love to continue even when you get nothing or negligible income.
Out of Software Programming and Product review. Product review could be the only one which I would continue even without much expectation of monetary rewards. Now this is your niche. Just spice it up with the area of your interest like daily needs as mentioned above.
You can chose to create a product review website or discount coupons or a combination of both, therefore we can safely come to the conclusion that writing blogs on deals available for daily needs is your niche!
Since we are talking about digital marketing as a whole, any area you find just spice up the blog with your niche content. This can be very well applicable to any field of entrepreneurship.
Did you try with this formulae. Just try it and let me know.