Rate My Money Making Idea!

Take my advice and pick a different niche.

Aty said:

Take my advice and pick a different niche.

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Hmmmmm, who else agrees on this?

TwoOneThree said:

Hmmmmm, who else agrees on this?

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people will say health niche is saturated. or dating is saturated. or make money online is saturated. the fact is these are the biggest niches in existence and marketers are always making money in them.
take action on it and you will be ahead of everyone taking no action.

Very nice idea, the netherlands is a great place, but is very rare to come across someone already doing internet marketing but i believe they would be very interested in starting.

TwoOneThree said:

Hello BHW,

What do you guys think of my idea for a blog:

I'll create a blog in my own language, where I'll be teaching people how to handle money smartly, how to save, how to make money (online) etc. since there isn't a lot of information in the language in our country. Is this a good idea? I'll monetize with AdSense.

Thanks in advance.

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I'm from the Netherlands too, but isn't this information widely available in our language?

TwoOneThree said:

Who cares about the retards as long as they click on my ads

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The retards will chase your good users out and kill the site.

TwoOneThree said:

Hmmmmm, who else agrees on this?

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I agree only so much as it really depends on how committed you are. I got my start with an English personal finance blog. There are few niches more competitive, but I didn't know better at the time. If you commit to it, work constantly and build it, it can ultimately succeed for you. Mine basically makes like $200/month from display ads on auto-pilot now, but I put an insane amount of work into it.

Had I put those efforts into something less competitive, I'd probably have a lot more revenue coming in for the work I put in. I don't speak Dutch, peruse Dutch websites or research competition in the Dutch language, so I can't give you any guidance on that. All I can say is that if it's anything like the personal finance niche in English, you can probably make a lot more money with half the effort doing something else.

If you're passionate about the subject, then go for it. Being motivated about something has an unquantifiable value compared to trying to motivate yourself to work on a project that you care nothing about.

TwoOneThree said:

We're one of the wealthiest nations on earth, there just isn't a lot of info available about making money in our language.

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If it's "one of the wealthiest nations," wouldn't that mean no one needs money advice because they already have a bunch of money?

Try and monetize with some financial affiliate offer, much better than adsense for targeted traffic.