If you have narrowed down your niche and feel that you can handle your business, but you find that the competition is high, don’t worry. This simply means that it will be challenging to compete with others who are running ads, and you may need to spend more money to stand out.
To create a low-competition business, consider making a new category for a set of products that have common features but are not currently grouped together by major retailers such as Amazon, Aliexpress, and eBay. This requires creativity and good observation skills.
For example, if you examine AliExpress and eBay, you may notice that there is no category for products that turn a standard house into a smart home.
This presents an opportunity to create a niche with keywords such as “Smart Houses” or “Smart Homes.” The keyword “Smart House” currently has low competition and a high search volume, making it an excellent niche for a new business.
So let’s go for it!