That is the hard part guest. But I can offer this advice: Select a niche that you are interested in or else your site will become a chore and you will eventually end up neglecting it. Don't just choose a theme because you think that you can make a ton of money at it. If you are not generally interested in the niche your content will suffer and so will your income from the site.
I agree with usedmac, you should choose a niche that you are not only interested in, but one where you are most knowledgable already. That will make it easier for you to establish yourself as someone that others with a similar interest can look to for help.
I think you can make money only if you have well knowlege about what you are doing in.So deciding about niche is natural at the start.And when you become more experience with these things you can select niches for pure profit.
your own interest apart from intense (sometimes not) knowledge also help you to get on the right track... i read somewhere "Its very easy to open a shop but to keep that shop opened is not an easy stuff"....
I took a slightly different approach. I bought a company in a technology I knew little about. I started asking myself: "What would I need to know if I was one of my customers?" Then I investigated it and wrote a web page, etc. Eventually people started e-mailing me questions which kept the ball rolling. Now I am an expert, and my visitors can be too! best regards wiz
Oh ooo! guys i know what i am doing and aware how things work. The only thing i wanted is, just to findout if anyone got any strategy/proceedure in choosing a niche. Anyway if anyone follow anysort of proceedure please share.. @wizardofx, I agree with you. @Mong, I dont agree with U. I started so many different site themes and been successfull in them. Because proper analysis, planning and implementation always works [atleast it wont be a total failure]. Selecting a niche could be of many reasons; some select a theme to start something new that could be a hot/new/innovative topic. Some selects a theme just to start something first which none have tested/started. Some do select themes just to earn from adsense and nothing more than that. So, it differs from person to person and not compulsion to have knowledge over the selected theme as there is always a chance for analysis, learning, knowing, doing new things. Regards.
Hi there..... A couple of handy starts are; http://www.nichemarketresearch.com/ and for keywords (SEO) try http://nichebot.com/ Handy stuff. Dave
Having prior knowledge of a niche can save a lot of time spent in research, so I always tend to favour topics I know something about. The only exception to this is IT/webmaster related subjects, which I tend to avoid. My theory is that most webmasters will have a good grasp of this, so the competition is unneccessarily intense. Hobbies are another good place to start, but there's also what you buy. Sometimes this is the same thing, but not always. If you're well connected, who you know. Where you live. Your generation, or when you were born. Add in how and why you do things, and that's all of Kipling's six honest serving men covered. That should give you plenty of inspiration for choosing a niche, but the problem isn't so much having ideas for one niche, as narrowing down several possibilities. It's a matter of deciding how much competition you want to handle as well, and picking a topic that fits with that choice.