Saturday 28 June 2014

The Importance of Finding the Right Niche

The importance of finding a right niche does not wait for an explanation. It is very important, when you go to online your business. A right niche selection can ensure the success of your business, making your online campaign most purposeful.


What search engine giant Google likes most is the relevance. It does not like anything irrelevant.  Therefore, when you choose a wrong niche Google does not value you properly. You waste a lot of time, money and labour. An incorrect choice can even mar your online campaign. A wrong choice is like jumping into a car and driving it suddenly without fuel checking. Consequently, you cannot go far. Your car stops suddenly, giving you a tragic end. Now let me make the matter more understandable with one or two examples.


Let me start with content writing. Google is so fond of relevance that when anyone writes content, Google’s MLA (machine language algorithm) uses a human quality tester to weigh, consider and justify its freshness, relevancy and aptness. It analyses the use of related keywords and relevant niches before indexing the content.  


To be more precise, it tallies the use of total words and the numbers of relevant words belong to that particular niche.  In a word, it evaluates your writing and compares the information (provided) with various authentic sources like Wikipedia and many like this. This is why in spite of writing a 500-word article; it may become 200-300 words on Google analyzer. Using of more relevant and related words is always good. Your website gets a significant boost, when you include the latest and authentic information. Right niche selection and using of relevant keywords are two important factors for getting good ranks (with target search terms and keywords) on Google’s SERPs (search engine result pages). A wrong niche selection will definitely hamper your rankings on Google.


Another important aspect of choosing the correct niche is to target the right market and reach the target groups looking for your nature of business. You can easily reach your targeted people with your products and services.  Side by side, when you add Google AdSense on your website, you have a chance of earning more from display advertisements or Banner Adds coming from your business category. 


Importance of choosing the correct niche market can give you a number of advantages


  • Increase visibility.
  • Make sure high conversion rate optimization (CRO)
  • Ensure the lowest bounce rate  
  • Guarantee a steady bottom-line
  • Identify opportunities
  • Target advertising and marketing content to drive more traffic on your website
  • Help in affiliate marketing
  • Ensure strong and effective affiliate marketing foundation
  • Give significant business boost through virtual marketing and viral advertising. 

Increase visibility


Right niche selection can definitely increase your online visibility. Building a responsive website, hosting it in the relevant category (niche) and creating relevant content can increase the chance of getting more traffic on your website.  People looking for your nature of business, products and services may find your website exactly of their choice. When they find everything according to their needs, they become your positive customers.  They buy your products and services.


Make sure high conversion rate optimization (CRO)


When online visitors search something with a particular search term, Google shows the most relevant websites related to his or her search terms. Most of his search terms for a desired thing commonly belong to a particular niche. If your website remains indexed under that niche, online visitors can reach to your website. Side by side, it shows most relevant advertisements on the top and right side of the search engine (Google).  If your website belongs to a particular a niche and matches his or her search term, they easily come on your website and become a prospective customer. As they transform from a normal online viewer to a positive customer, choosing correct niche gives a chance of higher conversion rate optimization (CRO). 


Ensure the lowest bounce rate


When online viewers look for something belongs to your niche, they can easily land on your landing page. As soon as they find it exactly what they are looking for, they stand here long until they buy it or read the full information carefully.  Their staying longer on your Web Pages sends Google a report about user performance on your Web Pages. You will definitely reap the rich harvest of it, if your niche selection is right.  If they find your website has failed to meet their requirements, they will leave web page immediately. This immediate leaving will be counted as bounce rate. This is why finding the correct niche and creating relevant content reward good rank by increasing visibility and encouraging user performance on your website.


Guarantee a Steady Bottom-Line


A good following across the social network sites guarantees a steady bottom-line. Your social media plug ins on your website help people connect them to their social media accounts and share their interesting things across various social media networks. It helps more people stay connected to your business. People, who have the common area of interest, start liking and sharing it. They gradually transform into your fans, followers and positive customers. This common area of interest pinpoints on right category selection. Therefore, right category selection helps you get numerous fans and followers that subsequently create a very good brand image and steady bottom-line for your business.


Identify opportunities


As correct niche choice can generate more traffic and important leads, you can use these leads as opportunities. You can select them as prospective customers.  With the aid of social media marketing, you can generate leads by reaching more targeted groups and connecting them in your business networks.   


Target advertising and marketing content to drive more traffic on your website


For your online advertising campaign (PPC or banner ads), your niche selection must be accurate. Else, you will meet a disastrous end. You will only lose your money when an online viewer will click on the website and go away finding it is not his or her cup of tea. Your content must be well matched with your niches and marketing campaign. Using relevant images and textual contents are very important for this.


From the above discussion, we can say finding the right niche is the most important for a successful business.


Help in affiliate marketing


Identifying the right niche helps in promoting affiliate products. Three core players of business the merchant or the retailer, the publisher and the customer can find out one another with their least possible effort.


Ensure strong and effective affiliate marketing foundation


Right niche selection ensures a strong affiliate marketing foundation. As finding right niche aids in making money online (considering you a publisher), you get a chance to earn a healthy amount by promoting other brands, products and services. This helps you make a strong rapport with other business. This strong relationship makes your foundation strong.


Give significant business boost through virtual marketing and viral advertising


On social media platforms like Facebook, Linkedin, Twiteer you can easily share your business information and reach to the targeted group. You can invite people having the same area of interest. If they like your business, brands, products and services, they will start sharing it. Thus, you can take the full advantage of virtual marketing and viral advertising at once.


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