Niche Blogging – The Truth about Making Money Online
Are you still struggling to reach your minimum adsense payout? Is your paypal account showing a whopping credit of $12?
Chances are if you are in mass market of ‘blogging’ or ‘make money online’ niche, you aren’t making money online.
That’s the truth and it hurts.
For most bloggers, they think in order to make money online all they have to do is to start a blog, monetize it, start writing about “how to make money online” and the money will follow.
What Did Sonia Simone Say?
Sonia Simone, one of the writers that I have upmost respect for, recently wrote about a great divide in the online marketing world.
On one side, there is a cool kid who has 4,999 Facebook friends, 34,278 Twitter followers, and $12 in the bank who spend more time updating the collective about what he is doing than he actually spend doing anything.
And on the other side of the fence, an Internet marketer who drives flashiest car and in Dean Hunt’s great phrase, spend 16 hours a day working so he can make money while he sleeps.
I bet the majority of you fall into the first category.
If you don’t, I wish you greater success and stop reading.
3 Golden Tips on How to Make Money Online
If you do, don’t despair. Start taking some real action by following one of the 3 proven money making techniques that I’m gonna share with you today.
Each of which comes with its own set of difficulty.
1. Beg Michael to spill some beans on how he “under-value & over-deliver” his advertisers when there are too many advertisers fighting for too little advertising spaces.
2. Rub shoulder with the cream of the crop or use a pseudo last name as Chow so each time before the new revolutionary product hits the market, you’ll get a chance to review it. Being the first guarantees big profit in affiliate sales.
3. Create a niche blog.
The last is certainly one technique that anyone with little or no experience can duplicate, rinse and repeat easily.
And Dean Hunt thought it was one of the hottest model for blogging.
Niche Blogging is Where The Money is
As you might probably have realized (or you’ve not), niche blogging is where the money is. There are more money involved when you can narrow down your niche or topic to the best of your ability.
The narrower your niche is, the more money you will be able to make as you will not have that much of competition.
Probably you might have heard of an old marketing adage of “Find a need and fill it” – that’s what’s niche blogging is.
Or in the words of Seth Godin, “find a group of possible customers you can identify and reach“.
The rule of the games is simple.
1. Find a high paying keyword with high search volume,
2. Narrow it down to one that has little competition,
3. Start a niche blog targeting on that long tail keyword and
4. Monetize it either with adsense and/or affiliate products.
What we are trying to achieve here is high search engines visibility. If you can’t be on the first 3 pages of Google, drop it.
Let’s take a look at how I created one niche site yesterday using an example of broad keyword “Debt” which is known as one of Adsense top paying keywords advertisers are bidding for.
Using Google Adwords Keywords Tool, I was able to narrow it down to more specific long tail keywords
2. Debt Consolidation
3. Debt Relief
4. IRS Debt Relief
As you can see from the above image, those keywords are high paying keywords with high search volumes and super high avg. CPC (cost per click) which translate into more adsense income for you – the publisher.
Now here’s the part that’s slightly more complicated, which keyword should I focus on?
Basically, you need to study your competition, in theory, how many search results for your keywords. Obviously, more search results equates to more competition. Well, I’m not going to write a full-length report on how you should do it. That’s worthy of another post.
Just so you know, there are a couple of keyword research tools available in the market that will tell you which keywords are no-go and which are worth competing with. Personally, I use Ahrefs to find the best keywords combination and the strength of the competition.
And I finally settled for IRS debt relief which has the highest avg. CPC ($32.35), a decent search volume (1300) and the lowest search results (170K).
Don’t be a Cool Kid
Now the gist of this article is to share with you one simple truth.
That is, unless you are blogging for passion and not for monetary gains, you need find a profitable untapped niche, start a blog and profit from it. Once your first niche site is successful, rinse and repeat the process to profit more.
In other words, don’t be the cool kid with the most Twitter followers, be a smart kid with bigger adsense check and the most money in your paypal account.
How much you can profit from it is really limited by your own creativity and mindset.
It’s also worth noting that niche blogging might not your passport to retire at 21, you still have to go through the same process of building any successful blog,
but it’s worth your sweat at the end of the day.
Because it pays more while you sleep.
So if you are still sitting on the sideline, act now and see you at the top.