I bet anyone related to internet marketing somehow, have heard about the famous dog training niche. I can name a hundred ebooks which give that very niche as an example. I just don’t get it. Why do people keep giving the same ancient example although there are millions and millions of niches around. I am sure dog training was a profitable niche years ago, but not today, not for the newbies. Same about the weight loss and make money niches.
Take my word my friend, those are not niches as some ebook authors claim. Those are mega niches which have hundreds of sub-niches that have thousands of micro niches within. And those examples are one of the reasons for newbies struggle choosing a profitable niche. Once they see that dog training niche example, they try go after some mega niches like free software, web hosting or game downloads. That’s the point why they fail at the beginning.
It is close to impossible for a beginner to dominate one of the mega niches mentioned above. I am not saying it is undoable, I say it is not worth the effort, because it will take years to dominate those mega niches. Ask yourself if you are the type of person who would work hard, put enormous effort and be patient enough to wait the amount of return of investment in years to come. And note that no matter how hard you work, it is not guaranteed that you will dominate a mega niche, since a huge number of people -who knows what they are doing- will be working on it too.
Knowing that the sole purpose of a beginner is to make money as soon as possible, it will be most wise to start with a micro niche, which is easier to dominate.
So, what’s a niche, a sub-niche and a micro niche? I will try to give an example to clarify this. As we talked above, web hosting is a mega niche. Here, dedicated web hosting is a niche and linux dedicated web hosting is a sub-niche. So, a micro niche for this example could be cheap linux dedicated web hosting. If you roughly have 1,000,000 competitors for the mega niche, you will have 100,000 competitors for the niche, you will have 10,000 competitions for the sub-niche and you will have 1,000 competitors for the micro niche.
This is the methodolgy of choosing a profitable micro niche. And keep it in mind if you search for a niche to dominate in a short time.
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