In most cases, you can still make money from niche sites in a variety of ways and only that kind of niche site will be discussed in this article here.
How to make money online with niche websites – 10 tips
1. Find your niche
There are many ways to choose your niche. It is the most important point for you – if you are wrong with your choice, all the next points will fail. So make sure your choice was made correctly. Coming Soon - Pick something you are very interested in, whether it's your passion, or you're better at it than others. Of course, many niche website owners didn't bother with this (they only look at the gains and possible competition) – and now they're out of business. If you don't want to share failure with them - follow your passions
2. Check your competition
Now it's time to do a little research. Check what's cool in your niche, how many important competitors you have, who they are. From your competitors, you can learn about the do's and don'ts of writing. But remember – these are just ideas. If you want to stand out from the crowd, you must be yourself.
3. Find suitable keywords for your website niche
OK. Your niche is chosen and you know your competitors.
Now you have to do some keyword research. Choose 5-50 keywords related to niches . You can use the google keyword tool for research (it's a free tool), but I use (and recommend) a more powerful tool.
4. Build and configure your website
You are now ready to create your professional niche website. If you really want to make money from it, you should invest some money in it.
So, first of all, select and register your own appropriate domain name. In godaddy.com , it will cost less than 15 $ per year.
You must have hosting for your website. It can be free hosting (I don't recommend it) or paid hosting. For over 90% of my sites (and 100% that make me money) I use paid hosting like HostGator or BlueHost. The hosting price is between 5 $ and 10 $ (monthly), so it's not cheap. But remember – if you want to earn something (not just online) you must first invest some of your money.
Having your own domain and hosting, you are ready for the next step. You must choose the right software for your website. For almost all of your ideas, the WordPress , free content management system, will be the best solution for you – now it is used not only for blogging, but also for selling, promoting, informing, sharing, etc. Also, there are a lot of plugins, widgets and themes for this CMS.
Of course, you can get everything described at this point for free (even subdomains on blogging platforms like Blogger or WordPress). If you are a software programmer, you can prepare some of the plugins or themes yourself, just investing your time. In my opinion, at the very least, own domain and own hosting – of course your site can be on subdomain and free hosting, but it's not only unprofessional but also ineffective and very dangerous (you can lose everything at any time).
5. Forget the 5-10 page thin niche website
In my opinion, a micro niche site with 5-10 pages is too thin to make a good impression on search engines and internet readers. So write (or hire someone to write) 15-50 good quality articles based on your keyword research. In the beginning, you should put most of them on your website. But be prepared to publish at least one new article per month on your niche site – it will be good for both search engines and visitors.
Some of my older niche sites have almost 200 articles – that's because they're updated once a week and they've been online for almost three years!
6. Your niche site should be informative, of good quality and with original content.
If you really want to make money from your niche site, you should treat it like a regular site. It should not look like the MFA site (made for AdSense). So it must look professional, have great content with at least two killer articles . If you have the time or money, you can put more than just words into your articles – photos, videos or presentations.
7. You should promote your niche site like a regular good quality website or blog
You must be aware of two things – before making money online, you must generate traffic first. And the second point, which is especially important for making money from niche sites – to succeed on niche sites, most of your traffic must come from organic traffic (search engines).
There are many sources and tutorials on promoting websites or blogs. I'll just mention that you need a lot of links pointing to your niche site (e.g. from article directories, guest posts, social media, press releases, etc.).
8. Try to have at least two ways to monetize your niche site
As I wrote in one of my articles, How to Make Money Online – The 10 Best Ways to Do It , there are many ways to make money online.
On my niche sites (most of them are financial niches) I prefer a combination of two of them – PPC (Pay Per Click) and affiliate marketing.
For PPC, my preferred network is the AdSense , but there are many other PPC networks – for example, Chitika.
For affiliate marketing, I use the various networks.
9. Do it and forget it – forget it!
As I wrote in one of the previous points – your niche site must be updated! To prove that your website is worth visiting, it should be updated at regular intervals. I suggest you do it at least once a month, but it depends on your niche and your resources (time and money).
You should also look at your stats – and not just traffic, but also your revenue streams for your niche site. If something is not working for you – you should change it and try something else.
10. If your niche site is making money for you – reinvest it!
You might be wondering – are you making any money and am I telling you to invest it back into your niche site? Not spending on a new car or vacation?
Yes it's true. If you make money from your website, you should invest at least half of that money in your niche website. You can order a few more articles, pay for some marketing, or even improve the look of your website by purchasing a professional theme.
But there is the other side of the coin. If your website isn't generating revenue for you (or it's too little to pay your hosting, articles, and marketing bills), you should sell it. Of course you should wait at least half a year to see if it makes money for you. But if it doesn't work – sell!
And what do you think of niche sites? Are they dead or not? Do you have similar experience to me with this?