Alright, I am starting to run out of niche business ideas that I should be considering for this round, so this might be the last one. However, if you have a great niche idea that you would like me to consider pursuing and blogging about on the website, then submit your business idea right here.
First of all, thanks everyone for the great response to my last post about my journey from corporate life to full time internet marketer!
Okay, today I wanted to discuss the potential for building niche eCommerce websites (with traffic primarily from search engine optimization). The only reason I am hesitant about this idea, is because when I first started NichePursuits.com, I viewed it as a way to try other business ideas that would move me away from relying on the search engines as heavily. As you all know, my current business of building niche websites is 100% reliant on search engine traffic. So, one of the main reasons for starting this blog was to diversify away from that.
Niche eCommerce Potential
However, a couple of you mentioned that you would be interested in seeing me do an eCommerce site or some sort of drop shipping model. I actually think this area of business has great potential. In fact, I actually believe that Google likes eCommerce websites more than just informational niche websites. So, I think this type of site probably has a slight advantage in the search engines.
I've been selling products on Amazon since 2014.
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I don’t have any hard evidence to prove that, but my guess is that Google has this worked into their ranking algorithm somewhere – which makes complete sense to me. If someone is searching for something to buy – an eCommerce site that actually sells the product probably should get some preference over purely informational sites.
Okay, so first – what is a niche eCommerce website? This is a type of site that focuses primarily on selling one product or products within one laser focused category. This could be any number of products – but as always its best to think unique. Here are a few product ideas for niche commercial websites (these are not ideas I am planning to pursue, but simply a list to give you an idea of the TYPE of things a niche eCommerce site might focus on):
A home for entrepreneurs turned investors
A hodgepodge of investing, startup, and online business discussions
- high-value email newsletters
- tips on sites for sale
- a podcast
- networking opportunities
- with more planned for the future
- Water filters
- Vacuum bags
- Pasta makers
- Wrestling shoes
- Nose trimmers
- Memory cards
- okay, this list could on forever
Anyway, I just threw out a few unique keywords that are product related. I haven’t searched but there already could be a niche ecommerce store on each of these already. The point is that if I were to tackle this business pursuit, I would plan on finding a low competition keyword that I know I could rank well in Google for and then build a niche eCommerce store around that product. I would NOT go the other way around of deciding on a product and then hoping I could get traffic to the site. This is a good way to build a failing website right off the bat.
Can I Get a Piece of the Pie?
Can money be made with these types of laser focused niche eCommerce websites? Well, there are lots of successful companies doing just this. I wish I had some more exact numbers on this, but there are companies making good money selling –
- Sheet music
- Ink Cartridges
- much more.
Also, to clarify – I don’t plan on keeping any inventory myself of course. I want all this to be done on a drop-shipping type model or in some other fashion where the customer orders from me and the product is shipped from the manufacturer. I don’t have the time or desire to mess with inventory.
Anyway, that’s about all I have for today! What do you think? Should I try and find a great niche eCommerce segment that I could build a website on and document the process on this blog? Remember, I will only be doing ONE of these ideas that I have discussed over the past few weeks on this blog. At least for the next 90 days or so – then I will choose a new idea.
Perhaps more importantly to consider, is this something that YOU should be doing? After all, one of the purposes here is to get YOU excited about different business ideas and to get the wheels turning in your head to think about things that you could be doing to be successful.
So, let me know your thoughts below on this one. I expect to get the voting up on all these ideas probably early next week! So, stay tuned…