You see, in many ways, choosing a keyword or a niche is a little like investing in stocks. While many people won’t approach it this way and will instead focus on making money from the big and ‘steady’ niches, the big money tends to come from taking risks on lesser known niches – just like the stock market.
Just as you can make a huge profit from selecting the right stock when trading, you can do the same with digital marketing by choosing a niche or subject matter that is currently quite small but trending ‘up’.
Examples of Niches That Exploded
What do we mean when we say a niche that’s going up? Basically we mean any topic that is currently not that competitive but that is heading towards world domination.
So an example of this might be CrossFit. Not so long ago, this was an unheard of activity that no one had much interest in. Now it’s the biggest trend in fitness by far and has a huge number of passionate fans. Websites that took a risk by focussing on CrossFit will right now being reaping the rewards big time.
The same goes for writers who focused on the Paleo Diet. To a lesser extent you could say the same for those who took a bet on the Surface Pro line of hardware!
What niches might come to explode in future? It’s never possible to say for sure but things like Virtual Reality are likely to be big news going forward while the next fitness trend could well be ‘competitive fitness’.
Getting this right is part art, part science. Of course you can never be 100% sure that a niche will take off but you can certainly try keeping your ear to the ground to see where the buzz is being generated. And there’s nothing wrong with having multiple sites in different niches to ‘spread your bets’ (which is again is a little like creating a portfolio).
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Monetize, Research or Create Entirely New Niches!
Want to get really advanced though? Then why not try to influence the next ‘big thing’ by making amazing content and generating buzz around it? Take something you truly love and then use your site to attract more people to a niche that used to be small!
Quick Checklist to Monetize, Research or Create Entirely New Niches