If you are fairly new to making money online, then it could well be that I have caught you at just the right time to impart some valuable information. Many of my clients ask me how to monetise their sites once they have set them up. However, what they sometimes haven’t realised is that it is essential to pick the right niche before you start.

If you haven’t picked your niche yet, then think about topics that you have some experience in or at least more then a passing interest in. For example, I have a friend who has a particular medical complaint – they have managed to make a lot of money from this complaint and are now considered one of the authority sites online for it. They sell products, information and even have a membership site that includes a forum for people to discuss their ailment.

Brainstorm a few ideas such as topics that you are intested in and areas that you know something about. Then you need to do some research. Take a look at what sites currently exist for the areas that you have listed. Can you set up a website that approaches the topic from a unique angle, but one that could potentially make you money and gain traffic?

Once you have discovered a gap in the market, you could well be on your way to making some good income from your website. Look to see which products and information that can be sold from your site. Then you need to build it and start marketing. Let me know how you get on.