Is How To Make Money Online An Oversaturated Niche?

Is how to make money on the Internet a bad subject?

Is it a good idea to start a blog with your main subject making money online? After all, it seems like everyone has a blog about making money online.  John Chow has a blog about making money online.  Kumiko has a blog about making money online.  Even blogs that are not about making money online, often end up having several posts about making money online.  It does sound kind of saturated.

I started thinking about this from one of the comments on this blog.  Thanks Jeremy!  I finally have comments again!  He has a good point, you would think that with everyone using the words "make money online" we all obviously can't make the first page of Google.  At least, not for that keyword phrase.  I used it enough in the first paragraph to probably get this post banned for keyword spamming.

Perhaps the keyword phrase how to make money online is probably oversaturated.

At this point, John Chow is approaching nearly 500 blogs pointing to his site with the keyword phrase and he hasn't quite taken first place yet.  He has a high-ranking blog to begin with, and he has had it for several years.  It would take an amazing amount of effort to equal his ranking for the keyword phrase.

Kumiko commented recently:

For some strange reason there seems to be an absolute plethora of blogs trying to start and record their own cash quest this month. I can judge this by the amount of link exchange requests that I've received recently - LOTS! I visit every blog that asks for a link exchange and it seems that most of them have been started in the month of March. Is there a reason for this?

Source:http://kumikosuzuki.blogspot.com/2007/03/5-tips-for-new-money-makers.html

 Actually, the reason is very simple.

I admire Kumiko's success, but she is actually fairly new to niche.  The reason it seems there are so many new blogs talking about making money online, is that this is the way it has been for some time.  It's not new.  I started this blog with pretty much the same subject in mine nearly a year ago, and the idea wasn't new then.  Perhaps you just don't realize how many people are in the niche until you are in it.

Please don't take this as any criticism of Kumiko or that I think that she is a knave newcomer.  She is very modest about her relatively quick success.  She is very talented and I think that if she keeps at it she will be one of those A-list bloggers very soon.

So the niche is saturated and we should give up?

It seems like every Internet marketer tells you that the niche is saturated and if you want to make money online you should work in another niche.  It's a good point.  There are a lot of other extremely well-paying niches to work in.  In fact, there is so much available to us, it would be easy to find a niche, even now, that has relatively little competition.  The idea of running a business on the Internet is still in its infancy.  As technology improves and changes, we have yet to see some of most innovative uses for Internet marketing.

Go find a niche with less competition?

One of the perks at the Keyword Avalanche forum are some of the guest moderators.  They've brought in some true industry experts that give some amazing advice.  I'm not talking about experts like Shoemoney or the Rich Jerk.  People that are just silently making a lot of money on the Internet that nobody knows about.

On these experts answered almost the same exact question.  His response was the opposite of what one would expect.  His suggestion was, competition is a good indication of a healthy market.  If there is no competition in the niche, there is a possibility it is that way because it is not a profitable niche.  If you find a niche with a lot of competition, such as Internet marketing, it's probably worth the effort of going after it.

It was what he said next that really cleared my mind.

He pointed out that there are large numbers of people just getting on the Internet now with the idea of generating an income.  How to make money online is not only a competitive match but it is a growing niche.  Many of these people are coming with the idea that there's a way to make quick easy money on the Internet, but have no idea how to make money online.

In other words, we have a wide open market that need needs our services.

Why do they need our services?  Because we already have the experience and knowledge on how to make money online.  We (anyone who's already here) have the chance to help others reach their dreams.

While the keyword phrase make money online may be saturated, the niche and market are wide open to those who make the effort.

In fact, we have the opportunity as those that are interested in making an income online, to be every bit as successful as we would wish.  We hold the digital keys to information.  We have the opportunity to create nearly any kind of lifestyle you can imagine!

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