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Finding Profitable Niche
Markets the Easy Way

In following with The Plan, you will want to spend a little time each week doing some research into the niche markets that you want to create websites about. This can be a brain twisting task unless you use resources that are readily available on the Internet.

There are two types of niche markets, B2C (business to consumer) and B2B (business to business). In many cases a B2B niche tends to have more money to spend on ads and therefore the webmaster will make a bit more money per click off of AdSense ads. This is not always the case though and there is more to consider than how much you will make per click. (more on this later)

The First Step - Locating Niches

There are a ton of ways to find niche markets. The best way is by visiting big name sites that have already done niche market research and created categories surrounding those niches. These companies have spent countless dollars doing research for their category titles so why not use their expertise and give your brain a rest?

As you can see from the video there is no need to guess about what niches to jump into because theses websites have already done the work for you.

Thomasnet.com (B2B Niches)

Ebay.com (B2C Niches)

About.com (B2C Niches)

DMOZ.org - Click on any main category title and look at the counts next to the sub-categories. If the count is high, the niche is good.

These 4 sites are the only ones that you need to find niches to build your sites around. As you can see from the video, each main niche category covers many different niches within them.

You could easily spend an entire year building a site about coins, for instance. There are a ton of sub-niches within the coins niche. The more sub-niches you cover, the more keywords your site will rank for and the more money you will make as a result. By adding one new page a week (according to The Plan) to each website you make, over time, you will be creating niche empires that will continue to produce revenue for years to come.

Things to Consider When Choosing a Niche

Your goal is to get your website making $10 - $15 a day. By concentrating on 48 broad niches (according to The Plan - SEO Strategy), with each broad niche covering many, many sub-niches you should begin to see that $10 - $15 a day, per site, is relatively easy to accomplish. After a year of developing a site you could easily be making hundreds of dollars a day for each of your sites.

By following The Plan, you have a precise roadmap and work schedule to stick to in order to accomplish your initial goal. You will also sleep well at night because you know that you are genuinely contributing to the search engines and you won't be penalized or de-indexed for engaging in shady tactics.

Keyword Research

A great way to see if there is money in the niche you have chosen is to do some fast research on Google.

For example, let's say that you are investigating Outdoor Power Equipment as a new broad niche. Simply go to Google and type the word Outdoor Power Equipment & look at the sponsored listings. If there are a bunch of sponsored listings (in the right hand column) then you know that there is money to be made there.

Now let's say that you are investigating chainsaws (a sub-niche of outdoor power equipment). Repeat the same process and look to the right to check how many companies are willing to pay you for a click to their site.

Cost Per Click

The cost per click (CPC) you will earn depends on what keywords you target and what ads display on your page. There is really no reliable or accurate service for determining this factor.

Your best bet is to build your pages and don't worry too much about the CPC because your website as a whole will encompass all of the good paying keywords within your niche as you build it. Another factor to consider is the fact that relevant ads within your content are more likely to get clicked than irrelevant ads.

It is not fair to your human visitors to exclude certain information just because it doesn't pay well. It is better to keep that visitor and have them click on a $.03 ad than have them leave your site because they couldn't find what they were looking for. Build your site for humans and the money will follow naturally. You will find that enough people will click your higher paying ads to make the whole thing worth the effort.

Don't subscribe to services that promise to give you the highest paying AdWords keywords. These services are very unreliable and 9.9 times out of 10 they are not accurate. There is no way they could be accurate unless they have direct contact with every AdWords advertiser to find out if they have opted to use content match for their keywords. If they have de-activated content match on AdWords their ads will never appear on your website. Many of the $15 - $100 clicks do not use content match because they have little to no control over whose site their ads will appear on.

To make a best guess as to the amount being spent on ad clicks use this Overture max bids keyword tool.

Traffic Volume

Another factor that effects the amount of money you can make from a niche website is the volume of search traffic that it receives. There are many free keyword research tools available. We host a free keyword research tool here.

Our tool will show you search volume for each keyword that you choose to create a page about. Looking at the numbers you can get an estimate of the demand for any page you choose to build.

Use keyword research tools to see how much traffic and how much competition there is for a given keyword that you are investigating. Don't spend too much time getting stuck in the numbers. Use keyword research to get a handle on the potential of the niche and then start building.

Remember that you create content for one web page that caters to one main keyword. Your website as a whole is simply the collection of all of these keyword pages. Use keyword research tools and the tools like the ones described above to figure out what people are searching for and then simply give it to them in a relevant fashion. The financial reward will follow by catering to the needs of your visitors.

I use the SEO2020 keyword research tool and I also use Keyword Discovery by Trellian. I have found Keyword Discovery to be more accurate than any other keyword research tool I have used to date.

Conclusion

The point of this article is to bring to light the fact that finding niches to jump into is very easy to do. After you have found your niche start doing some simple research on Google to determine if there is money being spent on advertising in your niche. Then it's simply a matter of doing some basic keyword research to determine where to start.


 

 

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