How to Make a Pile of Cash by Finding Hidden Niches
June 19, 2009 
4 Comments
Picking the right niche can make or break your Internet marketing business. A lot of the time, people attempting to get into Internet marketing often get stuck on this step, because they simply have no idea which markets are worth working on. After all, no one wants to spend months building a website that ends up with very little traffic simply because there is very little demand for the subject in question.
So, how does one go about finding hot niche markets? Some Internet marketers suggest choosing a niche that you are either enthusiastic about or are familiar with. While this may happen in the end, the more logical way is to learn what people are really looking for and base your Internet business around that. Figuring out the demand for a particular niche is the very first phase.
One way to do this is to use some free tools, such as the free Wordtracker keyword tool (http://freekeywords.wordtracker.com). Type in a search phrase and Wordtracker will show the amount of daily searches for up to 100 related phrases. You want to select a term that has a decent number of daily searches – any number 10 or greater is worth considering. You may notice that the fewer number of words in a particular search term, the more searches it generally gets. Conversely, search terms that contain more words get less traffic, but are usually easier to rank for.
Next, go to Google (http://www.google.com) and enter one of the search terms in quotes. In the upper right hand part of the search results page, you’ll see the number of pages indexed by Google that are exact matches for your search phrase. Generally, when you are just starting Internet marketing, try to target terms that have 20,000 or fewer competing pages when using exact match. Anything higher than this will require some heavy duty SEO to rank well.
Once you find that a particular subject that has decent search volume and relatively low competition, it’s time to go over to the Google Adwords Tool (https://adwords.google.com/select/KeywordToolExternal) to see if there is any money in the market. Type in your term and see if there are many advertisers bidding for your search term. If there are a good number of advertisers, it suggests that there is indeed money to be made in your market. If there are no advertisers, the search term you’ve chosen may not be commercial in nature, and thus may be difficult to monetize.
You’ve now got a handle on a niche that has decent search volume, low competition, and monetization potential. As soon as you learn how to locate profitable niches like these, you will be well on your way to earning some big cash online with niche marketing.
Legendary niche marketer Alex Goad is reopening his revolutionary Google Conquest program on June 16th. Since the release in December 2008, Google Conquest members have been happily earning a ton of money online, and on June 16th, Alex will finally be accepting new members into this powerful Internet and niche marketing system. This relaunch, known as Conquest Authority, is sure to sell out even faster than the first time. To discover how to reserve your spot, read this honest Conquest Authority review and check out this amazing Conquest Authority bonus package.
I think that 20,000 search results is really great for beginners. Maybe not a bad thing to try is to use inanchor query – e.g. inanchor:”keyword”…
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Nice post.. I have to agree that by finding hidden niches, a pile of cash opporunities awaits you.. Targeting the best niche can gice you a break from your internet marketing.. Plus there are many tools that you can use to acheive success in your niche..
Building Niche site is truly one of the good ways on how to earn money online. And seeking out what people are looking for would be a great hint of what niche site to put up..