The easiest niche online business ideas
Online newspapers and magazines
Subscription sites were among the first to appear on the list of online business ideas. But in the beginning, they were not business ideas, but the publications, weekly and monthly newspapers that could be grasped as physical products, made it possible for citizens to subscribe to publications, magazines, and newspapers via the Internet. With this, they targeted not only their existing readers but also Internet visitors who had not even heard of the newspapers and publications. They were followed by radio and television stations.
Later, these media were followed by magazines, newspapers, radio, and television appearing on the Internet. Most of the time, there was no longer a printed version, only an electronic publication. Subscription newspapers were among the first to spread, while other media became more common only after 2015.
Internet newspapers also provide you with a favorable opportunity as an online business idea. If you don't want to use a free website or blog for this purpose, your only costs are domain name registration (you can buy a good domain name for as little as 5-15 dollars per year), a suitable and cheap template that can be easily edited (say, a WordPress page template) and the hosting you have to expect a cost. There is also a free option for Word Press templates, but the price of the corresponding templates is between 4 and 45 dollars. The price of other open-source website templates is also similar. In the case of annual hosting costs, you can buy yourself a good hosting option for an amount equivalent to 15-40 dollars per year. So, if you don't want to start a magazine or newspaper on a free platform, you still have to expect a cost of up to $100 per year.
If you choose this online business idea, the first step before making purchases is to determine what kind of newspaper or magazine you want to start. And this is where you should also consider the possibility of niche electronic media publishing as a niche online business idea. It is said that he who talks to everybody talks to nobody. And it is indeed so. You are much more effective if your target group is a narrower community than if you want to sell to everyone. Think about it: In physical life, there are huge stores that sell everything. Of course, many people come here often. But if people want to buy something more expensive and specific, they go to specialized stores. For example, they buy furniture in a furniture store, a car in a car showroom, healthy food in organic stores, and fashionable clothes in a clothing boutique.
Here you have to decide whether you want to transform your online business idea into a niche online business idea based on the purchased product, geographical location, customer needs, or other aspects. Here are some examples:
Niche online business ideas by product type:
- Niche internet business selling cosmetics
- Niche online business selling recipes for weight loss meals
- Niche online business ideas selling landscaping plans
Niche Online Business Ideas by Geographic Location:
- Niche business presenting seaside tourist hotels
- Recommended best dishes of Miami restaurants
- Directory of organic shops
Niche online business ideas according to customer needs:
- Niche online recipe book for flour-sensitive people
- List of hotels that accept pets
- An online business organizing a prize draw for the elderly
Niche online business ideas from other perspectives:
- Niche online business organizing oldtimer meetings
- Baby-mama fun niche online magazine
- Niche online newspaper offering jobs
Of course, these are just examples of starting a niche online business. You may have completely different online niche ideas. The point is to create a niche online business for a separate, precisely defined target group, but the target group should be large enough to provide enough customers for your niche online business.
Among the newspapers, the local paper is the best. Many settlements do not have their own written information sheets, so there is no need to expect significant competition. In the beginning, you have a lot of work to do, but later you can count on more and more freelancers who will even send you articles without payment. Of course, these also need to be reviewed and corrected, but this requires much less time. A niche-type newspaper is also good. This is for the niche market. Focus primarily on hobbies, and pet breeders. For example, you can create a newspaper for chess players, card game lovers, horse lovers, and pigeon fanciers, a gossip magazine, a fashion magazine, a house building magazine, a car magazine...
But you can also start an advertising or dating newspaper. The good thing about these is that the content is written by the users, but to get started you have to get the ads and content that fill the first numbers.
Among the magazines, the literary magazine is the best. People are willing to pay for their poems and short stories to be published.
And then we come to the question of where your income will come from. And for online businesses, this is one of the most important questions. You can count on four sources of income. Of course, you don't have to use all of them. These are the following:
1. Users pay to have their writing published
2. Make your newspaper or magazine closed access and people have to pay if they want to read your media.
3. Classified ads. You can sell one classified ad at a low price. But if you don't allow too many pictures and long texts, you can publish up to a few thousand classified ads in each issue. But you can also make the classified ad free and you only have to pay if someone has more pictures, a longer text, some kind of highlighting of the classified ad, or if you want your ad to be among the first ads for a longer period.
4. Advertisements. From a marketing point of view, an ad that doesn't look like an ad is more important. This can be the opinion of readers or the evaluation of professionals. You can post ads for $300-$500 per week. Place 6-8 ads on one page. Of course, if someone wants a full-page ad, they have to buy the entire page. In the same way, if you want to maintain your ad for more than one week, you have to pay as many times as you want to be present (unless you give a discount for these). You can also offer entrepreneurs that their product or service will be evaluated by your readers, consumers, or professionals. Such evaluation can then be used by him in his marketing campaign. You can also wait for the readers to evaluate themselves, but you can also invite people and experts to evaluate it yourself. In this case, you will probably have to pay for the evaluation, but you can also charge significantly more for such an ad.
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