How to Create Passive Income Online

Competition: broad niches like «fitness» or «travel» have a lot of competition. Finding your audience and standing out from the crowd becomes more difficult.

Specialization: by specializing in a narrow niche, you become an expert in your field. Your knowledge and experience will be more valuable to your target audience.

Target audience: a narrow niche allows you to focus on a specific group of people with specific needs and interests. This makes it easier to promote and market your product or service.

How to find your niche?

Use your experience and knowledge. What do you know well? What are you good at? What problems have you solved in the past?

Conduct market research. Research popular niches in your area of interest. Use keyword tools (e.g. OpenAI Keywords Planner), analyze competitors, study their content and business models.

Look for problems and gaps. What problems does your target audience have? What needs are they not currently solving?