If you have not done so already and you are new to internet marketing then please read about how you should choose a profitable niche. It will explain more about the basics of niches and the ideas behind choosing a niche for your website.
The idea around choosing a profitable niche is to find keywords or key phrases that have plenty of searches but few sites competing for these keywords. A keyword or key phrase is a word or more often 2 or 3 words relating to your niche. These are the words people type into search engines such as Google when they are trying to find a product or looking for information.
We want to research these keywords relating to our chosen niche but first we need to decide on what our website is going to be about. So to get a few ideas we are going to look at a site called SitePoint, here they list websites for sale. By looking at the listings we can see what sort of sites are making money.
How to get ideas for a niche
As you browse down the list of sites for sale you can start to get an idea of the type of sites you can create. We are interested in the ones that show they have earned revenue, preferably from Adsense. The Google Adsense program will be the main way you will start off earning revenue from your site. The reason for this is that it provides what are called contextual ads, this means that you will pretty much get targeted ads being displayed on your site with very little work from yourself.
As you scroll through the listing click on the sales that catch your eye and view the main sales description. There are two sections we are interested in which are revenue and traffic. We want to know that the site is consistently earning over a period of at least a few months.
Once we find earning sites we need to determine the traffic sources. Many sellers provide screenshot attachments that prove their traffic and revenue, if we click on these we can see in detail how much the site has earned and how much traffic the site is getting. In particular we are interested in the traffic sources, these are the main sources of visitors to the website. Traffic from search engines such as Google, Yahoo, Live, Ask, AOL and Bing all provide the sort of traffic we want. Search engine traffic provides good targeted buyers. There are lots of other sources of traffic but for now we are interest in most of the sites visitors coming from search engines.
One other important analytic to look out for is what is called referring keywords, these are the words and phrases visitors to the site have typed in to find it. Anytime you find a listing that has provided keyword search phrases or referring keywords treat this information like gold dust. Sellers should only really provided this information to serious buyers and not make it public. The reason for this is that we can use these keywords as a basis for our new site, this is great for us as we know exactly what people are searching for. So anytime you find this information keep a copy of it safe as it can be used in the future.
So this is one way of finding out what niche we should target. There are several different techniques which you can find out about here at Hubtonomy but this is a good no cost way to get valuable information. I have used this method several times to get ideas for sites that have gone on to make money, you can too.
Special thanks to kingwood limo service for sponsoring this week’s post!