Looking for a good niche? Inquire within.
Let’s first actually examine what a niche is. A niche is simply put as a specialized topic or market.
A niche can also be defined as “a place, employment, status, or activity for which a person or thing is best fitted.”
Using the latter definition, I’m going to go out on a limb here and say that if you actually have to search hard to find one you probably won’t be successful in it. I say this because a niche is only as good as the content that is created around it.
There is no one good answer or two for that matter. It has to be something that fits you.
So that being said, lets explore what makes a niche either good or bad.
The “Good” Niche
What we should be looking at is what makes a good niche. A good niche usually:
- has a significant number of people interested in it;
- is interesting to you;
- has people willing to pay for it;
- has competition, but not too much;
- can almost sell itself.
Taking all of this into consideration, you want a successful niche more so than just a good niche.
The “Bad” Niche
While I could say that a bad niche is the exact opposite of what a good niche is I’d rather focus on one point. A bad niche is generally a niche that doesn’t have enough work put into it. While some niches may be less successful than others, in order for a niche to completely fail it either must have absolutely no market or no dedication on your part.