Today, we’re going to talk about choosing a topic for your website. What does this mean?

Remember when I told you that there are thousands of niches on the internet, and that new ones are being created every single day? Well, it’s true, and now it’s time for us to choose one.

First of all, what is a niche?

»A niche is the subset of the market on which a specific product is focusing.« – Wikipedia

Put simply, niche is a part of the market that you want to target. It’s your own little slice of the big online pie. Here are a few random examples of online niches:

• Weight loss
• Dog training
• Dating advice
• Self improvement
• Bodybuilding

Of course, these niches are highly saturated because a lot of people are targetting them, and therefore the competition is very fierce. Since we are just new at this, we will be choosing niches with slightly easier competition, so we can slip by these giants, and still make money!

How to get ideas for niches?

Honestly, niches are all around you. You’d be surprised, but one of the best places where I get ideas from are the magazines that are lying all over my house!

Seriously, why re-invent the wheel when you can simply see what’s already being sold, and then pick that? Magazines are full of ads for all sorts of things, such as diet pills, baby beds, hair losions, tight jeans, blenders (and these are just some off the top of my head).

Another great source of easy niches are the new products that just hit the market. Imagine a new Samsung mobile phone model has just been released, and there are already thousands of people searching to get a better price online. Some of them will even be searching for various accessories for this mobile phone, such as masks, covers, chargers, etc.

These are all tiny niches that can be very profitable and have very little competition.

What makes a good niche?

A good niche is determined by several factors. First of all, it is important that a niche contains at least one high-priced product that you can sell to your traffic, once they reach your website.

What do I mean? Well, to best explain it, I’ll tell you an example of a bad niche.
One of my very first websites was based on selling cigarette ashtrays to smokers. Now, why is this a bad niche, although thousands of people are searching for it every month?

Well, simply because an average ashtray on ebay costs a measly $5. And since I may be getting 10 sales a month, that’s only $50/month, which hardly covers my effort…

If I had been smarter, I’d pick a niche where there were only a few hundred people looking to buy my product, but it would have been priced $50 and not $5! Now if I make only 5 sales a month, that’s already $250/month, which is more than great for a new website.

You see where I’m going with this? By the way, don’t worry about how you’re going to get traffic, it’s very easy and we’re going to cover all that in the upcoming tutorials.

Alright – so what’s the next factor that determines a good niche? You gussed it, demand!

You can be promoting a great product, but if noone wants to buy it, it’s useless. How do you determine if there’s a good demand for it? Well, one of the ways is to use a Google keyword tool, which is basically a free tool that gives you an estimation of how many people are typing in various phrases in Google each month. We will be covering that in great details later on.

I’ll tell you what else makes a great niche – urgency and despair! Can you imagine someone looking for a quick relief from hemeroids hesitating to buy your hemeroid pain relief cream?

Me neither! You see, people that are desperate to solve a problem will never have any trouble paying you good money if you can provide a quick solution for them. Take that into account when choosing a niche and you’ll never have any problems selling your products.

That’s basically it, that’s all you need to know about picking niches! To recap once again:

1. There has to be at least one high-priced product in the niche
2. There has to be a demand for the products in your niche
3. The people are desperate for your products and will pay money easily

These are the 3 golden rules of a good niche. Keep them in mind at all times, and you should have no problem creating a stabile online income in no-time!

Your assignment for today is to find at least 3 niches that fit the 3 golden rules, and then pick one that you think is best and has the least competition.

Next time, we will be looking at keyword selection and that’s where the real fun starts. 

Until then, have a great day!

Instead, it all boils down to one crucial thing – right mindset.

Having the right mindset is absolutely essential for success in internet marketing, and believe it or not – ALL successful internet marketers share exactly the same set of »psychological rules«, which help them stay on top and earn ridiculous amounts of money each month.

In today’s tutorial, we will be covering exactly what those »rules« are, and how you can use them to your own advantage, and become an online money-making machine yourself! J

Curious yet? Good – Let’s get started!

First of all, you are going to need some appealing reasons that will serve as a drive for you when the times get tough. And believe me – times will get tough. That’s when you’re going to need something to pull you through and put you back on track.

Here are some good reasons why people like internet marketing:

1. You are your own boss

» It’s 10:30 AM, you wake up, check your e-mail and find a couple of sales have been made while you were sleeping like a baby. You don’t even own an alarm clock anymore, because there’s noone telling you you have to be at work at 08:00 AM sharp, so you tossed it away.

You are in no hurry because you know that it is only you who decides how much you want to work, and how much money you want to earn. It is sunny outside, so maybe you’ll take a day off, or take your laptop with you and do some work while drinking coffee in the park…«

Hold on, I know what you’re thinking… – » Come on, get real! -  That’s just impossible! «

I’m here to be just a little bit in your face and tell you – No, it’s not. If you want a lifestyle where you decide your own income and determine your own pace – this is the job for you.

2. You do what you like to do

The most beautiful thing about IM is that you can choose what your work is about. If you like sports, you can have a website dedicated to sports and selling sports equipment. If you like dancing you can open up a blog and sell dancing lessons to people – it’s entirely up to you.

There are literally thousands of niches out there that you can pick from, and new ones are being created every single day!

3. There is no limit to what you can earn

Whether you just want to earn enough to cover your bills, or you have something bigger planned in your mind – internet marketing has no boundaries!

Once again, it is all up to you and how devoted you are. All you need in order to succeed is the right mindset + the right strategies, and in the next couple of days you’ll have both.

You will learn how to build a website from scratch in a matter of minutes, how to drive free traffic to your website and how to profit from that traffic.

The next part of a successful mindset is faith. I can’t stress this part enough… If you don’t have the faith that you will succeed, then most likely, you never will… There’s an old saying:

»Whether you think you can, or can’t – either way you are right.«

Think about that for a while. Weren’t there times in your life when you were absolutely confident that you could do something, and sure enough – you were able to do it? How about the times when you doubted yourself and your doubts were fulfilled just as equally…?

Please be aware that along your journey, you will most definitely meet with people who will attempt to discourage you, or mock your goal of earning money online – and even though sometimes these people wish you well (like your family members or friends)… understand that they are not qualified to give such opinions, and therefore you should never take those opinions too seriously.

Truth is, mindset is a large (if not the largest) piece of the puzzle, and it is very important that you develop a winning attitude and back it up with motivation, faith and persistence. In fact, it is so important that I decided to dedicate a whole chapter just to that.

Because when you have the right mindset, and you have a sound plan to follow (which you will), you’re already on your way to earning a full-time income from internet marketing.

In the next couple of tutorials, we’re going to take you step by step through the process of creating your own website and driving traffic so you can make some sales and kick start your online journey! Don’t worry if you have never made websites before, it’s actually quite simple and all the steps will be explained in an easy-to-follow way.

Until then, I wish you all the best.

P.S. Introduce yourself in the comments below, I always love to hear from people and it helps motivate me to put the effort into these tutorials

It may not be much yet, but bookmark this site now, because we will be adding a ton of great stuff to it.