This is a question to all you experienced challengers for us noobies.
Last year I joined in the middle of the challenge and got stuck at one of the basic concepts of the challenge: finding a niche. I looked at what I do and what I enjoy and I continue to come back to the same answer as far as my niche, computers and electronics. As you may have guessed, on the internet that topic is beaten to death and just about everything has been covered. On top of that, creating a site that does try to compete is a challenge in itself.
So my question is twofold:
- Is it better, in the sense of profit, enjoyably and sustainability, to stick to an old niche that I know well or to develop a new niche that I may be interested in but not know as much about. Is knowing my niche going to give you an edge over those new and learning their niche?
- Is choosing a well established market going to hinder performance, or are there still ways to make a website grow despite being in a saturated market. (Saturated being lots of supply and demand as opposed to supply and no demand).
Thanks in advanced.