Contrary to the general opinion that successful people are successful because they followed their passions and found niches that they were passionate about – it’s about time I finally set the records straight. Since most of the people don’t exactly know what they’re passionate about, they never end up finding that “magical” niche and that holds thousands of bloggers and entrepreneurs back from making any real money online.
Here’s the single biggest tip I can give you when it comes to choosing a profitable niche to blog about:
NEVER focus all of your energy in looking for a specific profitable niche.
Instead, focus on determining a problem and figuring out a solution.
It’s that simple.
There are in fact people out there who are making an insane amount of money from their blogs. Some of these internet superstars have monthly incomes that are wayyy higher than the annual income of big-time executives. And I’m not just talking about a few thousand dollars per month, I’m referring to the big whales who are raking in more than $100,000 per month!
Leaving most of us to wonder – how in the world did they get to that point??
I can give you five simple reasons why:
– They have identified a problem and developed a solution.
– They are constantly finding ways to make life easier for everyone.
– They write search engine friendly articles – which means that their articles rank better in search engines.
– Their blogs provide high-quality content. No website or blog can EVER succeed without providing great content. Do any of you remember the good old days when content length or quality was not a factor in the world of SEO (Search Engine Optimization)? Unfortunately, those good old days of simpler content that rank high is long gone.
– They are consistent when it comes to continuously providing high-value content. Most people who start a blog don’t actually follow through and lose heart when they see that their blogs aren’t making any real progress. Most people, unfortunately, forget the fact that SEO (Search Engine Optimization) is a long-term game, as long as you continue to write high-value content and build links, you’ll eventually see progress. You won’t always see results straight away, but as long as you consistently produce great content and wait patiently for 4 to 7 months, you’ll eventually start seeing the fruits of your labor.
Forbes has identified a number of bloggers who are making at least $1 million dollars in annual revenue and here are four great examples out of the lot:
This blog earns around $175,000 per month and it provides amazing tutorials for newbies that are looking to learn how to code.
This blog earns around $215,000 per month and it offers high-value content to newbies that are looking to get into web design and web development.
This blog earns around $1,000,000 per month and it provides some of the most practical online marketing advice in the world.
This blog earns around $4,250,000 per month and it offers high-value content about search engine optimization. It’s considered the authority when it comes to Search Engine Optimization.
Can you see the pattern?
These blogs are consistently making an obscene amount of money simply because they have identified problems and they kept providing high-value solutions day in and day out.
Now let’s get back to why you’re really reading this article – so what are the most profitable blog niches? Here they are in no particular order.
You’ll be surprised how lucrative blogging about cars can be. The best car blogs out there lets consumers compare vehicle specs and prices, get the most recent news about cars and display photos and videos faster than the much larger media outlets out there. Car Advice, for example, has a monthly income of $125,000. Alborz Fallah started Car Advice as a hobby, so he has an excuse to test drive cars and write reviews about them. But now it is one of Australia’s top motoring sites, and one of Australia’s biggest blogs overall.
Personal finance includes topics such as income, taxation, insurance, real estate, mutual funds, equities, loans, home finance, mortgage as well as a number of finance and wealth-related aspects for people. You could blog about how to invest well and wisely and make more money in the process. Tell readers how to save money and how to earn more money by doing side-jobs. The point is that making money and saving at the same time is always an attractive concept. Michelle of makingsenseofcents.com is an example of a successful personal finance blogger. She blogs about how to save money and make more money and she earns over 140,000 a month. MoneySavingExpert.com has a monthly income to the tune of $1.3 million. It was created by UK financial journalist Martin Lewis back in 2003 and the website offers tips and advice on all aspects of personal finance, with a bigger focus on saving consumers’ money.
The dual benefits of being a fashion blogger are that you’re guaranteed to make money in this niche and you’ll also get a chance to enjoy yourself at a number of high-end beauty and fashion events. YouTube, being a visual platform, is a great way to make headway- and from there, the sky is the limit for building out on your blogs. The world’s most successful fashion bloggers get to travel the world for free, get incredible designer clothes for free, constantly have people shower them with gifts and earn millions of dollars annually so I’m pretty sure their not complaining. Bloggers like Pink Peonies’ Rachel Parcell, Song of Style’s Aimee Song, The Blonde Salad’s Chiara Ferragni, Man Repeller’s Leandra Medine, and Into the Gloss’ Emily Weiss are just some examples of fashion bloggers who belong in the Millionaires’ Club.
Let’s face it; everybody eats and everybody loves good food. There are a number of food blogs out there that are earning big money and that’s through providing recipes and tutorials. Pinch of Yum is a great example of a food blog. It has a monthly income of $95,000 and it’s, of course, a cooking and recipe blog as the name suggests. According to Blogging.com, the blog is run by elementary school teacher Lindsay Ostrom and her husband Bjork, and the website is monetized through a combination of advertising, sponsored content, affiliate links as well as an onsite shop selling food products and kitchen equipment.
Make money online
Let’s face it, EVERYONE wants to be rich. Hence the reason why the internet is teeming with blogs that teach you how to make money. Here’s a great tip if you want to blog about making money online – treat your blogging as an explorative journey and you’ll be surprised at how much you discover. It can start off slow, but it’s guaranteed to pay in the end. Smart Passive Income is a great example of a successful blog that rakes in a lot in this niche. It has a monthly income of $148,000 and it teaches you how to create an online product or awesome content and then monetize it. Pat Flynn, the man behind Smart Passive Income earns money through a mixture of affiliate links, sponsorship, and selling courses and ebooks. Smart blogger is another example of a successful make money online blog and it earns to the tune of $100,000 per month. The blog is dedicated to advising bloggers how to make their website a smashing success.
The above ideas are just some examples of starters to trigger those gray cells of yours – there are seriously hundreds of niches out others that are equally as effective. The sum and essence of this article though are to start broad – that gives you room to move about without being stifled. Over time, you can niche up or niche down- the point is to create enough sub and over- niches.
A famous person once said, “ you’re confined only by the wall that you build yourself.” Therefore, don’t build walls, build open spaces instead that can encompass flavored blogs that have your signature. I bet that you’ll gradually find what you’re good at and will also learn to be good at what you do.