How to Monetize a Niche without a Product or Offer

Jason posted a comment asking, "What if your niche doesnt have any relevant offers available that are related? What if the offers that are available suck?" Well Jason, I have two tips for you. One I don't think you're going to like, and the other might help you generate some revenue for your niche.

1. Pick the right niche. I realize that if you've already invested time and money into ranking in the top 3 for your keywords, it's hard to abandon ship and move to a more profitable niche. If this is you, you need to learn how to pick a niche before jumping in with both feet. This problem can easily be avoided by doing your niche research before starting to build your site.

There are many tools that show you how much you can expect per click, but the most important thing is to search for your keyword (or key phrase) and look for Adwords advertisers. Do you see 5 or more? If not, this might not be a niche with a product or market. If your search reveals 3 or less advertisers, you need to strongly consider a new niche. This particular market might not have the products to support it as a profitable market. If this is the case, ranking #1 might bring you a lot of traffic (3k uniques per month in Jason's case), but if you can't get them to buy anything, that's just junk traffic.

2. Swing to other trees. Imagine you're a monkey, you get hungry and eat all of the bananas in your tree. After the bananas are all gone from your tree, is it easier to get down on the ground and walk a mile to find a new tree, or is it easier to swing to the tree right next to you? Of course, jumping to the tree next door is much quicker and easier. I admit, my analogy skills are sub-par.

So in the case of the monkey, it's easier for you to move into a related niche since some of the work you've done can still relate. Blogs and parasite pages (wordpress.com, blogger, WPMU sites, etc) can still be used for your new niche. Relationships with other webmasters can still be utilized and the content you've written can be repurposed.

How do I pick a related niche?

If you don't know how to pick a related niche, there are generally two ways.

1. Keyword (contextual) based related niche. This method will have you finding other keywords that use your existing keyword. Here's an example.

Current key phrase with no product: Lawn Mowing Service in Arkansas
Other possible niches to break into: Lawn mower reviews, Arkansas Lawn Mowers, Yard Service

This are strong related possibilities because they are using one or more of your existing keywords.

2. Latent Semantic Indexing. This method will have you finding your keywords based on related words that people would normally associate together, for example, bird/parrot/Cockatiel/cage/seed.

Current key phrase with no product: Lawn Mowing Service in Arkansas
Other possible niches to break into: Bermuda grass seed, Arkansas sod companies, gardening gloves, wheelbarrow wheels

Now What?

So you found a related (either contextual or LSI) niche that you're ready to jump into? Here is a quick rundown of what you should do next.

1. Domain. Unless your domain is an exact keyword match, I would suggest trying to adapt it to fit your new niche.

2. Links. If possible, change your best links to use a new anchor text. Once you've done that, start grabbing some new links on strong domains that are indexed well. Web directories are great for this.

3. Content. Keep all of your old content on the site and start adding new content related to your new niche.

4. On site SEO. Make sure you change your meta tags, alt tags, title tags, etc. You don't want to confuse the Google bot that comes to check out your new site.

So if you find yourself where Jason is currently, I hope these ideas can help you make some money!

Brandon Hopkins offers Fresno website design as well as many SEO services including high performance linkbuilding. You can contact him at brandonchopkins@gmail.com

4 thoughts on “How to Monetize a Niche without a Product or Offer

  1. I think that these are great tips on how to get traffic to your blog, but the title makes no sense because you never get around to how the heck you are supposed to make money if there are no products being promoted in the industry! Are you talking about trying to score money by putting Adsense Ads up on your blog? I think that is really the only way to do it without any products

  2. Hey Jimvesting, I think my point was that when there aren’t any products or offers in your niche, you need to expand and think different. That’s what I was going for with the monkey example, you can’t get anything out of a dead niche, but a related niche might bear fruit.

  3. In their haste to get started, some people (me) throw up a site with out doing the proper keyword research. This leads to casting about for an affiliate offer that matches the site name. I have learned now, but the costs can be a bunch of useless sites that won’t even produce adsense revenue. Do the research first, find the offer, then build the site…much better.

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