How to Know if Niche is Too Competitive
Linda, you mention the whole issue of not jumping into an incredibly overcrowded market, which is a very good point. I have a couple of questions, and if this should be asked elsewhere, please let me know.
Of course everyone needs to pick a niche they have some passion for but we also need to pick niches that have the potential to make money. Is there any advice that you can give, or that I can find, about how to decide if a niche is so overcrowded that it will be too competitive?
The problem I see here is that if you pick a hot, moneymaking niche - for example, these days everyone wants to know about foreclosures and refinancing and debt consolidation - then you risk being lost in a huge crowd. But if you pick something really obscure (I just typed in "vintage books 1900s" and came up with 53,700 hits) then you hardly have anyone to sell to/click on your ads/make money off of. Am I understanding this correctly?
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