Independent in the network and successful? That works best with the right niche! You can find out how to find them in this article!
If you want to build a successful online business, the first thing that matters is the profitability of your independence. With the right niche, you can lay the foundation for a successful internet career.
Requirements for the profitability of a niche
If you break it down to the core, then the profitability of a niche means nothing else than that a profit arises, which logically results from the equation
Income – expense = profit
results. That means, for your profit to be positive, that your return must be higher than your expenses. However, since it is extremely difficult in reality to precisely determine the yield in advance, you can use a few influencing factors to determine the profitability of your niche more easily.
In order for you to be able to generate the highest possible profit, the following requirements should be met:
High chances of winning
Your niche should of course have the highest possible potential for success so that you can make a profit and become successful independently on the Internet. For this it is not only important to offer an exciting topic, product or good service, but also a high level of traffic to generate on your niche website.
Little competition
If you want to get as high a return as possible with little work, it is definitely worthwhile to choose an area for your niche that has little competition. So you don’t have to spend a lot of time getting your niche to the top in Google rankings, but can generate high traffic with less effort.
Great demand
Ultimately, of course, the demand for your topic, your product, your service and so on must have a high search volume. Only if customers are interested in your offer can you generate income and generate profit independently on the Internet.
To do this, you should not only focus on catchy keywords that match your niche, but also include longtails, i.e. derivatives of the main keyword.
Find the right niche step by step
The selection of a niche should be well thought out and you should not rush over the fence here. After all, you want to start your own business online and that means that your niche is your main source of income. So it depends a lot on how much preparation and effort you put into finding a profitable niche.
1. Idea generation
First and foremost, of course, you need an idea for a profitable niche. The quickest way to find an idea for a niche is to ask yourself the following questions in particular:
– Is there a problem that I can offer a solution to?
– What customer needs can I meet?
– What does the customer actually want?
It is not always that easy to find an answer to these questions. But if you can’t come up with anything good after brainstorming, internet research and so on, the best thing to do is to observe the people in your environment closely and to ask them explicitly. It is not uncommon for people to be able to tell you a lot of everyday problems that they would like a solution to.
2. Demand
Once you have found an idea, it is now a matter of checking the search volume, i.e. the demand for your niche. The best thing to do is to do a Google search for specific keywords related to your niche. If you don’t want to spend any money on it, you can use Google’s own AdWords Keyword Planner tool.
If you’re ready to invest a little, you can also use paid tools. These often have certain additional functions that simplify your search and accelerate the process.
3. Competition
But even if you have found a good idea for a niche and the demand is high, it can sometimes be difficult to set up your own business online when you have to face major competition. To do this, you can, for example, google for your previously determined keywords and see how many hits the search ad gives out. If you come across thousands of pages with exactly your topic content and do not see any way to differentiate yourself in any way or to develop a competitive advantage, you’d better try another niche.
4. Profit potential
Of course, the potential for success also plays a large and decisive role in choosing the right niche. For exact figures, you can look at the click prices for the individual keywords in the Keyword Tools. Values in the range from 30 to 40 cents are very promising, anything higher seems to have a lot more potential.
Another option is to be known in the database Affiliate Search intermediaries like Zanox, SuperClix or Belboon for your keywords. This is how you can find out whether there are any profitable affiliate programs for your niche at all.
5. Decision
Often you will not only come across a promising niche on your way to a profitable income opportunity and the desire to become self-employed on the Internet. It is therefore advisable to save all information and details and then compare the advantages and disadvantages in a table. However, a niche will not always stand out in particular. Often, based on the comparisons and your own preferences, you have to deduce which niche is ultimately suitable for you and which promises the greatest potential for success. Whether this will be the right decision in the end, but you will probably always only be able to determine in retrospect.
Independent in the network with Projektify
When looking for the right niche to get started independently on the Internet, you can also find suggestions on Projektify. For example, you can consider becoming the owner of a web project. On the platform of our association you can find offers to buy one from other entrepreneurs. Projektify is a free platform for buying and selling a wide variety of web projects. Here you can find out more!
Alternatively, you also have the option of t reselling an existing web project on our site. Just click for a free listing here .
But if you just want to find out more about earning opportunities on the Internet, then click here .
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