finding high paying ads on AdSense to explore this topic). Similarly some blogs do fantastically out of affiliate programs (the key is to find affiliate programs that match your topic closely) and others are better suited to impression based ads (those with high traffic levels).
Choose a Niche
At this point it’s time to choose a topic for your blog. It’s probably unlikely that you’ll find the perfect topic on all of the fronts above. While it’d be great to find a topic that you’re passionate about that just happens to have massive demand and no competition - but the reality is that most topics topics that you come up with will have at least one weakness to them. Don’t let this get you down - there comes a time when you just need to make a decision and start blogging. The key is being aware of what the weakness is so that you can work to overcome it.
PS: An Example
ProBlogger.net itself is an example of the process I’ve outlined above. While blogging is a topic I had (have) a real interest in and which is quite popular the weakest link of this blog is the fact that so many other blogs write on the topic of how to blog better. The other problem was that there were not too many lucrative income streams on the general topic of blogging. There are lots of AdSense ads for different blog tools, but they pay very little.
As a result of this I narrowed my niche slightly to focus upon making money from blogs (something I didn’t see many others writing about a year ago). This narrowed my potential market slightly but meant I could carve out a niche and potentially make a name for myself in the area. The other side benefit of narrowing the topic was that it also increased the income potential of this blog. Contextual ads on this topic pay a little more and there are other potential income streams (like consulting work) that a more general topic of blogging might bring.
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