Making Money in Competitive Niches is Easier Thank You Think!
Hello everyone!
I just wanted to let you all know that I am starting to gear up my internet marketing business, and as part of my plan, I wanted to create a really informative blog to help out all of my customers.
OK, so now that my little intro is out of the way. Let’s get down to business.
I have been getting a lot of questions from you guys and girls regarding competing in so called ‘oversatured’ niches.
Niches like:
- Weight Loss
- Payday Loans
- Web Hosting
- Internet Marketing
- LCD TVs
- Digital Cameras
- Laptops
- Etc.
Just to name a few…
If you look around on the internet, the general consensus(is that even the right word?) is that you should stay away from competitive niches like the ones listed above and stick to niches with ‘low hanging fruit’.
I can only partially agree with this.
While it does make sense to start out going after the easy ones, you CAN compete in overcrowded niches with very little extra work on your part. All it takes is a little time and some smart planning.
Before I get into the how-to part of this post, I wanted to tell you what I do when I am working my affiliate sites.
Per 1 competitive niche I try to enter into, I will have 9 other websites in easier markets.
This is the best way to do it, in my opinion, because not only do you get quick income from your 9 low competition niche sites, you simultaneously build long term assets by starting your site in the one competitive niche early on.
What I am trying to say here is that competitive niches yield MASSIVE profits, but they take time to age and gain authority.
OK, so now that that is out of the way, let me explain how to do this.
The first thing you need to do is register the domain name and get it indexed RIGHT AWAY.
The search engines won’t give you love in a competitive niche until your website ages, so it is important to throw your website up ASAP. Just put one post on the website if you are feeling lazy. Social bookmark it and let it sit for a week or two until it has been indexed.
Then, Add Content Over Time(A LONG TIME)
Add content to your website at a rate of one post per 2 weeks, or if you want to stretch your posts out longer, you can set them to post once every month. So 12 articles would be enough to last you for an entire year.
Search engines LOVE regularly updated sites, so it’s good to add content steadily over time to keep your website in front of the eyes of the search engines.
Build Links SLOWLY – This Is Key!
The number one mistake people make(I have done this too) when they are trying to enter into a highly competitive niche is that they build a ton of back links.
This is the completely wrong thing to do.
Why?
Because a search engine will know that you are trying to game them if you build a ton of links to a website too quickly/too early on.
What happens?
Your links become worthless. The search engines won’t count them because they think something fishy is going on.
Think about it.
How could a new website in a very competitive niche get a ton of people linking to it out of no where? It just doesn’t happen naturally, and the search engines know this.
So, instead of building a ton of links all at once, build them slowly but surely. I’m talking no more than 2-3 links per week for your first 6 months. After that, you can crank it up a little bit, but don’t go nuts.
Also, be sure to vary up your link anchor text as much as possible. If you are trying to rank for ‘digital cameras’ for example, you don’t want every one of your links pointing back to your site labeled ‘digital cameras’. You want to make it look as natural as possible – so a website should have all sorts of link anchor variants to do this.
Build Support Sites While You Wait
This is another key to success in a competitive niche. You want to have at least 3 websites in every competitive niche you enter into. You will use these sites as search engine boosters by linking to your main website.
Important note* Do NOT house sites with the same topic on the same server. Spread them across different servers and dacenters. If you don’t have the cash to buy another hosting plan, you can use sites like Blogger.com to use for your support site. The only draw back is that you don’t control the domain name so if they decide to shut you down one day, you lose a support site. Keep that in mind.
Basically what you are doing for these support sites is the same exact thing you are doing for your main site. Drip content over time + add links over time to each of your support sites.
Seems Like A Lot Of Work, but Worth It!
I know a lot of you are thinking right now ‘man that sounds like a lot of work just to build up one website’.
Well to be truthfully honest with you, it is an undertaking. But once you get some practice, it becomes easier and easier every time. Once you have a plan in place, this stuff becomes pretty much automatic.
Did I mention you can make absolute bank off competitive niches?
They are competitive for a reason. Because people are making a killing off them.
Does Anyone Want to Know More?
I have been considering making a course on this topic, but I want to know what you all think about it first. Would this be something you would be interested in?
If I get enough positive response, I just may do it…
That’s it for now. I will have another blog post coming to you next week. Keep an eye out!
Thank you!
Daniel Brock
Insightful post. I’ve started gathering information on the digital camera niche and seeing as it is in your list of competitive niches I’m quite worried, however I have chosen to use certain types of cameras as the niche and doing some research I think I could pull it off.
I think a course about back linking and finding a good niche would be a good idea also.
Regards,
Ben
Hey Dan ,
Would a support site be related to your main niche – can you give examples?
Thanks,
Thanks Daniel!
Very informative and concise.
I await the next post.
Sincerely,
Fernando.
Hey Dan,
Just a quick question. In your 2 Amazon courses you mention using Angela and Pauls backlinks. How often should i backlink from those PR6 and up sites? Should i pick a few a week and “drip” them in?
Also just wanted to thank you for the great courses you have created. I am learning a lot!
Thanks for the comments everyone.
Ben,
The more you can narrow down that particular niche, the better off you will be IMO.
Jason,
The support site should be in the same niche as your main site. So if you picked digital cameras, you will want to have 3-4 different digital camera sites.
Alan,
Yes, drip those links in slowly but surely. What I like to do is set up a gigantic list of every page I am trying to rank and then go through those packets until I build a few links to each one on my list. Then I might set that list aside and come back to it a week later, or less, depending on what I am trying to rank.
Hi Dan, I second the last question. I went ahead and got paul and angels backlink service and I am a little hesitant about dripping them after reading the literature that came with the packets. According to them, it doesn’t matter how fast you build backlinks. For example if you hit on something that is really big like monica lewinsky scandal, you could have 1000s of sites linking to you in one day. So if the case is people that build too many backlinks at once don’t get credit for it, it would negate really popular of viral sources of traffic.
You are right. The question of how to make money in competitive niches is a very important one. Thank you for this comprehensive presentation of the possibilities. This article is a new and useful piece for all those who want to know how to succeed in internet marketing.
Hi guys,
I know this might be a bit off topic but seeing that a bunch of you own websites, where would the best place be to host. Someone recommended I use Blue Host for $6.95 a month which seems like a great deal. Anyone here on http://www.dantheinternetman.com using them?
Dan,
First of all thanks for the great information.
This is a strategy I am pursuing and I think it makes a lot of sense. I am glad you told Jason that all of the niches need to be the same. I try for 4 specific sites and one general site for a total of 5.
So my questions would be – Are more sites going to give better results and is a general site a bad idea?
Ken