Here’s one of the most common questions I get from people who are fresh off the turnip truck:
“Moe, how can I find a niche that is profitable AND one I’m passionate about?”
And I’ve proven it’s possible to do so. I’ve sold hundreds of thousands of dollars worth of my own info products in a micro health niche that I don’t have a passion for.
But I wanted to learn what other successful online entrepreneurs think…
So I sent emails to the top bloggers on the web – and 45 replied with an answer (bless their hearts!)
What’s interesting about the responses is that there are a few common threads that run through most, even though I contacted bloggers from a range of niches (including many outside the “make money online” niche).
But what’s even MORE interesting is the “contrarian” advice that some bloggers provided. They went WAY outside the box of the usual “do what you love and the money will follow” mantra.
Below you’ll find tips on how to find a niche for profit and passion from bloggers in niches as diverse as:
And, of course, making money online!
Enjoy the responses, and make sure to leave a comment below – what do you think is the best advice?
Here are the 45 bloggers:
Most people know about Google’s Keyword Planner, but Bing’s Keyword Tool is also a great resource for brainstorming niches.
In this two-minute video I give you a quick tip for finding potentially-lucrative niches, and the approach you should take to avoid niches that are too narrow.
Have you used the Bing Keyword Tool before?
Image credit: Soshable
That’s right, social media.
You know — that place where you virtually hang out with friends, family, and business associates? Yeah, that thing.
Believe it or not, you can use social media to brainstorm niche ideas to kick-start your online business. Social networks are also fantastic tools to research your niche, i.e. learn about your target market, analyze your competition, and assess the profitability of a niche.
Sometimes a new trend comes along that’s so huge that it overwhelms everything in its path.
That’s how I see the relationship between social media and email marketing.
Social media is the darling of digital marketing these days, and while there are ways social media can be used to build a business, email marketing will ALWAYS be an integral part of the savvy online marketers’ toolkit.
(Side note: for an excellent discussion of social media vs. email marketing, check out Aubrey Stork’s post here.)
So this post is focused on the love of my life. That neglected redheaded stepchild: email marketing.
In this post, you’ll learn four advanced email marketing tactics that I use to build tighter relationships with my subscribers (and achieve much higher sales):
In the video I cover an unusual way to find long-tail keywords from your Google Analytics data that you can use to create site content that will rank quickly and easily.
This technique involves doing “text analysis” on your GA keyword data to find groups of long-tail keywords that aren’t easy to spot just by looking at the highest-volume keywords in your account.
Have you tried this technique?
And if you want to learn how to scale a profitable campaign, you’re about to get luckier – because in this article I’m going to tell you 13 ways that I’ve used to scale my GDN campaign.
Many of these tactics aren’t widely known, so grab a pen and paper and take some notes!
Don’t let your website visitors escape!
Tell me if this scenario sounds familiar:
1. You’ve just started a website (or have been struggling to make money online for years) and have added an email opt-in page to your site.
2. You’re driving traffic to that page with paid traffic…or maybe you’re relying solely on drips and drabs from organic traffic.
3. A few people are opting in on your page (hurray!), but when you look at the opt-in rate, it’s a miserable 5% (or 10% or 15%).
Even an opt-in rate of 15% means that 85% of visitors to your opt-in page are fleeing!
I used to have dismal opt-in rates – until I did some digging and found a handful of tactics that increase opt-in rates. Now I use these tactics as a sort of “checklist” to figure out how I can encourage visitors to my site to give me their email address.
Following are 9 proven tactics for optimizing your email opt-in page. I’d encourage you to test out each one on your own site to see how they perform with your visitors.
Image courtesy of 1shots
Keyword research can make you or break you – it’s really that simple.
Choose the right keywords, and you not only get steady streams of traffic coming to your site, but you get qualified visits that actually result in sales.
Choose the wrong keywords, and you spend boatloads of time and money writing content for a site that will never even make it out of the gate.
But while you may understand the critical importance of keyword research, understanding it and knowing how to do it are two completely different beasts. If you’re feeling overwhelmed by the process of keyword research, I’d encourage you to keep an open mind, and to read through to the end of this post. I’ll be explaining why you should care about finding the right keywords for your blog, and pointing you to the very best resources for performing your own keyword research. Continue reading
In this video I take you inside one of my running pay-per-click campaigns and show you the huge difference in CPA (cost-per-acquisition) that two ads can have.
In this campaign my objective is to get the visitor to opt in to my email list, in exchange for free videos.
One ad is getting a CPA of below $3, while the other ad is averaging closer to $7 – so the second ad costing me more than double!
Do you have experience with split-testing ads? Is so, what’s your experience been? If not, what questions do you have?
Are you wasting time fixing images on your WordPress site or trying to generate sales through social media?
In this video I cover Perry Marshall’s new book 80/20 Sales and Marketing (RUN – don’t walk – and buy it now!) and the specific jobs Perry thinks are a waste of time – along with the ones he thinks are worth $10,000 an hour.
References in the video:
What are your plans for 2014, and how will you be using 80/20 to get more results?