Blogging has come a long way and nowadays many people are living a life by choosing to blog as a full-time career option. But is it so easy?
Yes, setting up a blog and start blogging is actually very simple.
But to make money from blogging is not at all an easy task at all. One will need huge knowledge, time to experiment, and skills to write & convince the audience.
Due to the technology evolution, you now have seamless options to create a blog. You can check our series of 'Create Superfast blogs' using Gatsby, Jekyll, Hugo, Hexo, Next JS, WordPress, and using blogger.
Before you get to any of those, you must first identify the most profitable blog niches for you.
Find your knowledge area and write about what you are passionate about. You will defiantly get this great advice from experts when you’re searching for a niche to start your blog. But, this is not enough. The key to building a successful blog is finding a “profitable” niche.
Finding the perfect niche is the most crucial and first step of building a blog that often gets overlooked. If you pick a niche with too much competition, your blog will get beaten down by high authority blogs and if you pick a niche with no demand, your blog will barely make an impact and earn anything for you. You should find a niche that’s in the middle and a niche that can also be monetized easily.
Remember the best formula for a profitable Niche -
Profitable Niche = No too much competition + Niche in Demand + High-income Potential
In this blog post, we’ll give you practical tips on how to find a profitable niche that can generate traffic and eventually turn into a successful income stream.
Create an excel sheet with the following questions. I will explain this template at the last of the article.
Step 1: What Makes any Niche a Good Niche?
When you are searching for ideas for your niches, there are several things to look for. A good niche should be one where:
- Consumers are facing problems in
- Consumers are willing to spend money online
- There are products that you can promote or sell
- You have a decent understanding of
Alright, let’s break it down, starting with the first criteria… consumers in your niche should be willing to spend money online.
To earn money in any business have a very simple formula that also applied here.
Value Delivered to your Audience/Customer = Success
Step 1 Research
Step 2 Research
Step 3 and more research
1- Do a Research
Make a large list
Filter the list
Select the niche