Creating a niche directory in a topic
of your choosing can be a great business idea that has room to grow and
great profit potential. Let's first talk about some different topic ideas
and options for starting your business in a niche directory:
Breed directories for dogs, cats, horse etc.
The ideas are limitless but
over course you want to make sure it's a topic that is sought after by
many, as traffic to the site will be most important. You can easily start
your research by going to Google and typing in your keywords to see what
sites come up; this will give you a good starting point and let you know
how many sites of its kind are out there. This business will take a lot
of promotion on your part as your customers will not want to pay for advertising/inclusions
unless you are receiving a decent amount of traffic to your site.
You can set it up in a multitude
of ways to make revenue. You can charge the companies for the listing
in your directory; you can charge advertising in your newsletter and on
the site and you can also put up Google Adsense. These are just a few
ideas; of course you will have more options depending on the avenue and
topic of your choosing.