With so many competitive businesses here in the Philippines, there is a need to find your niche business in order to succeed. From aquatic sporting goods for dogs to Michelle Obama-inspired fashion websites in the U.S., niche products and services have the potential to generate big bucks if they capture the hearts, minds and wallets of a dedicated consumer base. Are you ready to become the big fish in a small pond? Is your passion unique enough to turn a profit? Here are 5 steps to make your niche business a hit.

1. Create a Simple Service

2. Craft Your Niche Marketplace

3. Become the Niche’s Leading Authority

4. Be Specific, Distinctive and Relevant

5. Copy, Paste, and Repeat